Luxury
How rapid change is reshaping the tradition-soaked luxury sector in Europe and beyond.

Highlights

Twenty years ago, people laughed at him in his shrunken grey suit. Now he’s showing haute couture in Paris, publishing a weighty monograph on his career, and chairing the CFDA. Who’s laughing now?


The designer has made deft experimentation with colour a hallmark of his aesthetic at the Roman house. Previously known for its signature red, Valentino has expanded its palette under Piccioli — from blistering magenta to dusty electric blues — turning the use of colour into a powerful brand signifier in the process.



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THE NEWS IN BRIEF



Dior has “postponed indefinitely” its menswear show slated for March 23 in Hong Kong. Production teams, travelling guests and local authorities were informed yesterday of the change, just a month before the event.





Despite macroeconomic conditions that challenged players across the luxury industry, sales for Milan-based OTB Group rose 10.2 percent year-over-year to €1.9 billion ($2 billion) in the financial year 2023, ended Dec. 31.