Burberry’s Reset Begins to Click
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.
Luxury
How rapid change is reshaping the tradition-soaked luxury sector in Europe and beyond.
Highlights
Hello, Goodbye: Maria Grazia Chiuri’s Next Chapter
If there was ‘beautiful confusion’ in the mix of cruise and couture the powerhouse designer paraded in Rome on Tuesday night, the standing ovation at the end of the show left little doubt she was saying goodbye to Dior after a transformational near-decade tenure and hello to her next act, resurrecting the storied Teatro della Cometa.
Why Kering Picked a Fashion Outsider to Be Its Next CEO
The Gucci and Saint Laurent owner is splitting its chairman and CEO roles, bringing in Luca de Meo, a turnaround expert who has revived multiple automotive brands, to support the Pinault family.
Case Studies & Reports
Latest News & Analysis
Bag Charms Selling for $1,000 Are Retail’s Next Little Luxury
Tapping into the viral bag charm craze is ‘sensibly opportunistic’ for luxury companies that might as well ‘make some money off the back of it,’ said Neil Saunders, managing director at analytics firm GlobalData.
Opinion: This Economy Is Ripe for Fake and Copycat Luxury Goods
Rising prices, shifting consumer tastes and manufacturing scandals are eroding trust in luxury, giving counterfeiters and dupe-makers new opportunities to win over shoppers seeking style at a more accessible cost, writes Andrea Felsted.
End Times for Swiss Watchmakers?
This week, President Trump’s tariff on Switzerland went into effect, landing levies of 39 percent on every watch the country exports to the US. For some Swiss watchmakers, the threat is existential.
London’s Luxury Hotels Have Hit Their Price Ceiling
With more luxury openings driving up supply and economic uncertainty tamping down demand, top London hotels are recalibrating their prices.
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Inside the First Dior Spa in the US
The opening of the multi-level space atop Dior’s New York flagship is the latest move in the brand’s push into spas.
A Letter to Kering’s New CEO
Incoming chief executive Luca De Meo needs to urgently tackle two problems, debt levels and management structure, writes Luca Solca.
Ralph Lauren Keeps Winning Streak Going, Raises Annual Outlook
The American fashion company has been a standout among US apparel companies, managing to steadily increase prices in recent years — even before tariffs hit.
Saudi Arabia Bets on Nature in Latest Tourism Play
The kingdom is investing billions in transforming a mountainous province the size of Austria into a luxury tourism destination.
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Swiss Watch Giant Navigates Trump’s Tariff Uncertainty
Swatch Group CEO Nick Hayek has front-loaded shipments to the US, is targeting American shoppers as they travel abroad and has raised its prices as it grapples with a new 39 percent US tariff on Swiss-made products.
Is $4,000 a Night for a Hotel Room the New Normal?
Prices have skyrocketed at luxury hotels, especially in top leisure markets. Will they ever come down?
Why Hyping Art as an Investment Needs to Stop
Positioning art as an ‘alternative asset class’ is a losing game, writes Marc Spiegler. Plus, ‘South Park’ trolls Trump and the art world’s new Thai fixation.
Inside Jacob & Co.’s Strategy to Disrupt Luxury Watchmaking
As the luxury watch sector experiences shifting consumer preferences and market contraction, brands are seeking new paths to relevance and growth. Here, BoF speaks with Benjamin Arabo, chief executive officer of Jacob & Co., to understand how the American company is evolving its efforts to disrupt traditional watchmaking.
Inside Jacob & Co.’s Strategy to Disrupt Luxury Watchmaking
As the luxury watch sector experiences shifting consumer preferences and market contraction, brands are seeking new paths to relevance and growth. Here, BoF speaks with Benjamin Arabo, chief executive officer of Jacob & Co., to understand how the American company is evolving its efforts to disrupt traditional watchmaking.
THE NEWS IN BRIEF
Used Rolexes, Pateks Are Bright Spot in Struggling Watch World
The Bloomberg Subdial Watch Index, which tracks the 50 most-traded timepieces by transaction value, gained 5.3 percent in the first half of 2025 — and extended that recovery in the third quarter.
Valentino CEO Jacopo Venturini Steps Down
After five years at the helm, Venturini is leaving for personal reasons as the Italian luxury house navigates a creative reset and ownership transition.
Tapestry Plummets With Tariff Costs Weighing on Profit Outlook
Offloading Stuart Weitzman will enable Tapestry executives to spend more time and resources on increasing sales at Coach and turning around Kate Spade.
Luxury Jeweller Fabergé Sold to Tech Investor in $50 Million Deal
The renowned jeweller known for its imperial Russian Easter eggs, has been sold to technology investor Sergei Mosunov’s SMG Capital for $50 million, as its parent company Gemfields seeks to fund its mining operations.
Gucci Staff Threaten to Strike Over Welfare Payment Dispute
Around 1,000 retail and logistics employees across Italy declared a ‘state of unrest’ after accusing the Kering-owned brand of withholding a promised welfare bonus.
Prada Promotes Christopher Bugg to Chief Communications Officer
Bugg will oversee global communications for the group’s Prada, Miu Miu, Church’s and Car Shoe brands.
Swiss Luxury Watchmakers’ Shares Drop After Trump Tariff Shock
The sector is already under pressure from a stronger franc and falling global demand.
Italian Regulator Fines Giorgio Armani €3.5 Million for Unfair Commercial Practices
The fashion group and one of its units ‘issued misleading ethical and social responsibility statements in contrast with the actual working conditions found at suppliers and subcontractors,’ Italy’s antitrust regulator said.