Frédéric Malle Steps Down From Namesake Brand
Frédéric Malle announced on Apr. 18 that he will be leaving his brand Editions de Parfums Frédéric Malle at the end of June.
Alessandro Michele
The Logic Behind Valentino’s Alessandro Michele Appointment
The Rome-based couture house’s bet on Rome’s most bankable design talent could help it punch above its weight.
Walter Albini Relaunch Confirmed
Bidayat, a fund controlled by Rachid Mohamed Rachid, is set to relaunch Italian label Albini after acquiring its IP and archive, BoF can confirm. Rachid declined to comment on unconfirmed media reports that Alessandro Michele is involved.
At Luxury Brands, Heritage Matters
In the long run, luxury brands that lean into timeless products consistently outperform their more fashion-driven peers, writes Pierre Mallevays.
Gucci Hires Behind-the-Scenes Designer From Valentino as Creative Director
Sabato De Sarno, a close associate of star designer Pierpaolo Piccioli, will succeed Alessandro Michele at the creative helm of Italy’s biggest brand.
Should Gucci Depend Less On Its Designers?
A low-key, transitional menswear show suggested the brand is saving its marketing and financial firepower for its next creative leader.
Why Gucci Wanted a Change — And What’s Next
The market is still digesting Gucci’s move to part ways with Alessandro Michele. A slowdown at Kering’s flagship brand was complicating the company’s wider ambitions, but change comes with risk as well as potential reward.
Why Alessandro Michele Is Exiting Gucci
From 2015 to 2019, the designer’s trendsetting maximalist vision powered the modern luxury sector’s most successful turnaround ever. But more recently Kering’s flagship brand has struggled to keep up momentum.
Gucci Needs Creative Change, Says New Consensus
With Kering’s flagship brand struggling to keep up momentum, analysts and investors rallied around a report saying creative director Alessandro Michele is set to leave the company.
Report: Alessandro Michele Set to Exit Gucci
Shares in owner Kering rose after WWD reported, citing unnamed sources, that a creative shakeup was imminent at the Italian luxury brand.
The BoF Podcast | Tim Blanks and Imran Amed Recap The Season That Was
BoF’s editor-in-chief and editor-at-large walk through the highlights and unforgettable moments of fashion weeks in Milan and Paris.
What the Queen Means to Designers
Queen Elizabeth was an inspiration for fashion designers from Vivienne Westwood to Alessandro Michele to Richard Quinn. Will any British royal have the same influence again?
The Debrief | Gucci’s New Configuration
In an effort to reignite consumer fire, the Italian megabrand has done some restructuring. Bernstein luxury analyst Luca Solca breaks down what it all means.
Company Snapshot
The surprise choice for Gucci creative director re-energised the historic house in a matter of months and now he is set to take the helm at Valentino.
The News in Brief
With Succession in Focus, LVMH Adds Alexandre and Frédéric Arnault to Board
The two brothers join older siblings Antoine and Delphine, meaning that 4 out of Arnault’s 5 heirs now serve on the board. Bernard Arnault, age 75, has placed his controlling interest in LVMH in a stock-share partnership aimed at perpetuating family control.
Arnault Says He Hopes Tensions With China on Luxury Quiet Down
Billionaire Bernard Arnault said he hopes a planned visit to France next month by China’s Xi Jinping will help smooth trade relations between Paris and Beijing.
Vita Liberata Bought Back By Founder
Alyson Hogg, who founded the luxury tanning brand in 2003, has reacquired it from Crown Laboratories.
Swiss Watch Exports Plunge as China and Hong Kong Demand Dries Up
Monthly Swiss watch exports suffered their biggest decline since 2020 as demand for premium and luxury timepieces in key markets including China and Hong Kong plunged.
Asos Says It Will Take ‘Necessary Actions’ After 18% Drop in Sales
Asos has said it will take “necessary actions” to transform its fortunes after the fast fashion retailer’s first-half losses widened and sales fell by nearly a fifth.
TikTok Divest-or-Ban Bill Heads to Fast Track in US Congress
The effort to force TikTok’s Chinese parent company ByteDance Ltd to divest its ownership of the social media platform would quickly become law under a plan outlined Wednesday by House Speaker Mike Johnson.
Lagardère Group Launches Egyptian Edition of Elle Magazine
The French publisher has appointed Tunis-based firm Nissa Editions Group as the local licensing partner and Cairo-based fashion media veteran Susan Sabet as both managing director and editor-in-chief of the new title.