The French couture and beauty giant is easing off punchy price increases and investing in new markets including India, Mexico and Canada, CEO Leena Nair and CFO Philippe Blondiaux told BoF, as sales slid for the first time since 2020.
Kering has named the former Valentino designer known for his deft use of colour and sculptural couture to succeed Demna in an apparent reset at the Paris-based brand.
The British luxury giant is cutting jobs after full-year profit swung to a loss and quarterly sales fell 6 percent. But shares soared as investors endorsed its latest turnaround attempt under new management.
Sales fell 6 percent in the first three months of 2025, suggesting that the brands latest turnaround attempt is gaining some ground with consumers in a tough market for luxury goods.
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The Kering-owned fashion house is promoting its chief product officer as it prepares to open a new chapter under a new designer.
The Milanese fashion company reported quarterly sales up 13 percent, outperforming key competitors in a difficult market as Miu Miu continued its surge.
Group revenues fell 14 percent in the first quarter as Saint Laurent and Balenciaga also suffered from the downturn in luxury demand.
The American musician’s unique blend of artistry, social commentary and provocation has generated cultural impact, commercial success and institutional recognition. Now, he’s starring in the French brand’s latest eyewear campaign.
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Operating profit fell 22 percent as the group invested in overhauling its collections and image under new creative director Alessandro Michele.
The former Loewe designer was confirmed as artistic director for men’s collections in a brief statement by LVMH chairman Bernard Arnault that left plenty of questions unanswered.
The Puig-owned label is returning to the Paris ready-to-wear calendar after a decade of showing only couture, and tapping Dutch creator Lantink to design both lines.
First-quarter fashion and leather goods sales fell 5 percent for the luxury giant, whose brands include Louis Vuitton and Dior.
Dean and Dan Caten's Y2K denim brand has terminated its licensing deal with Renzo Rosso's production and distribution arm ahead of its expiration. Staff is seeking to block the move in Italian courts.
The luxury brand's artistic director for watches and jewellery is leaving after seven years.
CEO Axel Dumas called fakes “detestable” while acknowledging the grey area surrounding many copycat products.
Bellini will oversee strategy, operations and development of the Qatari luxury group’s portfolio, which also includes Balmain.
The Paris fashion label known for its twisted denim and ruched silhouettes under Belgian designer Glenn Martens has ceased operations.
Brocart has been CEO of Patou since 2018, working to relaunch the line alongside designer Guillaume Henry.
The former head of communications at Givenchy is slated to join the Italian megabrand as it seeks to break out of a deep sales slump.
Founders Ivan Pericoli and Benoît Astier de Villatte will now focus on the creative direction of the Paris-based ceramics and fragrance brand.
