The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
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This week, Christian Dior presented its pre-fall 2023 collection at the Gateway of India monument in Mumbai, marking the first standalone show from a European luxury megabrand in the country.
It was a historic occasion for fashion in India, which is projected to soon become the world’s fastest-growing major economy, according to the International Monetary Fund. With that, Dior’s appearance in Mumbai could prove to be a seminal moment: When Fendi staged a show at the Great Wall of China in 2007, it helped catalyse more than a decade of growth in the Chinese luxury market.
This week on The BoF Podcast, Maria Grazia Chiuri, the artistic director of women’s at Christian Dior since 2016, sits down with BoF’s Imran Amed at the Istituto Marangoni in Mumbai to discuss the show, her intimate relationship with India and appreciation for Indian artisanship.
“India has a huge history, a 6000-year history in textile style and embroidery,” said Chiuri. “This is part of the culture.”
Serre, who grew sales by 20 percent in 2023, has been named Pitti Uomo’s next guest designer. She’s using the opportunity to show her men’s collection for the first time.
Hermès’ elusive sales strategy is at the centre of a new legal challenge for the French luxury giant. BoF breaks down the practices under scrutiny and what the suit could mean for the fashion industry at large.
A sharp drop in the label’s Asia-Pacific sales is the latest sign that Chinese luxury demand is cooling.
This week, Kering flagged sales were down 20 percent at its flagship brand, knocking confidence in the group’s turnaround strategy. ‘A more drastic solution is required,’ one analyst wrote.