Blog

What Happens to a Fashion Brand After a Luxury Group Sells It?
When a luxury group sells a label, the buyer is usually a rival group, a brand-management company that licenses the name, or a founder or specialist. How Versace, Marc Jacobs... Read more...
Jimmy Choo Sales Rise 11.5% as Michael Kors Cuts Its Discount Days by Half
Capri Holdings said Jimmy Choo sales rose 11.5% to $146m in the quarter to 26 September while Michael Kors fell 8.6% to $663m, as Capri cut markdowns, raised some prices... Read more...
The RealReal Posts a Record $642m Quarter as LuisaViaRoma Goes to Auction
The RealReal reported record gross merchandise value of $642m for the third quarter and raised its full-year outlook. The same week, a Florence court put LuisaViaRoma’s business up for auction... Read more...
Marc Jacobs Signs First Licence Since LVMH Sale, Handing China to I.T Group
Hong Kong retailer I.T Group has taken over Marc Jacobs in Greater China under a long-term licence, the first since WHP Global and G-III bought the label from LVMH. Marc... Read more...
Burberry Turns Regent Street Flagship Into Burberry House, With Trench Repairs
Burberry will restore its London flagship at 121 Regent Street in phases and reopen it as Burberry House in autumn 2027, with a Trench Arcade offering coat restoration, an archive... Read more...
Why Is Gucci Struggling? Kering’s Third-Quarter Numbers Explained
Gucci’s comparable sales fell 6% to €1.29 billion in the third quarter and Kering dropped its 2026 growth goal. What is going wrong, what GucciCore is, whether prices are falling,... Read more...
China’s Secondhand Luxury Market Grows Up to 20% as New Luxury Sales Shrink
China’s secondhand luxury market grew 15–20% in 2025 while mainland sales of new luxury fell 3–5%, according to Bain & Company, as Louis Vuitton and Galeries Lafayette closed stores. Why... Read more...
How to Check a Designer Bag Before Buying Secondhand, Step by Step
A step-by-step guide to checking a pre-owned designer bag: test the seller and the price first, then the leather, stitching, edges, hardware, stamps and serial or date code, judge condition... Read more...
Mulberry Sales Rise 18% at Full Price as the Luxury Giants Shrink
Mulberry’s sales rose 18.1% in the 26 weeks to 26 September, with US sales up 28% and growth in every region, while promotional sales fell by 300 basis points. Full... Read more...
EU Ban on Destroying Unsold Clothes: What It Covers and What It Means for You
The EU’s ban on destroying unsold clothing, accessories and footwear has applied to large companies since 19 July 2026. Here is what it covers, the eight exceptions, why handbags are... Read more...
Brunello Cucinelli Lifts Growth Forecast to 12% as Logo-Led Luxury Stalls
Brunello Cucinelli raised its 2026 growth forecast to about 12% after third-quarter revenue rose 13.5% to €374.2 million, driven by its own stores and the Americas. In the same week... Read more...
Louis Vuitton Speedy Tops Fashionphile Resale Ranking Again, Value Up 16.2%
Fashionphile’s 2026 Ultra-Luxury Resale Report ranks the Louis Vuitton Speedy as the most-shopped secondhand bag for a second year, with value up 16.2%. The biggest gains sit with house classics... Read more...
Alexander McQueen Parts With Seán McGirr After Three Years as Kering Exits Mount
Seán McGirr is leaving Alexander McQueen after three years, Kering confirmed on 15 October, the same day Calvin Klein confirmed Veronica Leoni’s exit and six days after Anthony Vaccarello left... Read more...
LVMH Fashion Sales Fall 5% in the Third Quarter as Chinese Shoppers Pull Back
LVMH’s third-quarter revenue rose 1% organically to €18.5 billion, but its fashion and leather goods division fell 5% as spending by Chinese customers dropped sharply. Dior, Loro Piana and Rimowa... Read more...
Moschino Owner Aeffe Seeks Wage Support for 389 Workers as €115m Sale Nears
Aeffe, the Italian group behind Moschino, Alberta Ferretti and Pollini, has requested extraordinary wage support for 389 employees after filing for a court-approved restructuring in Bologna. A €115 million rescue... Read more...
Swaine, London’s 1750 Leather House, Is Opening Its First Paris Boutique
Swaine, the London accessories house behind Swaine & Adeney leather goods, Brigg umbrellas and Herbert Johnson hats, is opening its first standalone Paris boutique on Avenue George V. With about... Read more...
Seven Stores, Two Centuries of Name, and Bids Under Forty Million — the Luxury Middleman Is Finished and the Curating Job Is Now Yours
Harvey Nichols is being sold with bids under £40m for seven stores and two centuries of name, after five straight years of losses — and one of the bidders publicly... Read more...
A Succession Appointment and a Boot Brand Sold to a Specialist — Why Who Owns a Label Decides Whether It Is Made Well or Merely Marketed
A succession appointment at the holding company above the world's largest luxury group, and the sale of a technical boot brand back to a ninety-year-old specialist manufacturer. Neither is about... Read more...
A Court Heard That a Luxury House Was Shredding Thousands of Bags Every Six Months — and the Destruction Was the Pricing Model Working as Designed
A Hong Kong court jailed four former Chanel employees for stealing goods destined for destruction — and in establishing the case, heard that between ten and twenty thousand products were... Read more...
A Luxury House Put Seven Hundred Million Into Making Things Instead of Raising Prices — and the Capital Expenditure Line Is the Most Honest Number in Fashion
Buried in a set of full-year luxury results is one of the most revealing numbers in fashion: roughly $700m of capital expenditure directed into manufacturing capacity, alongside fashion price increases... Read more...
Ferragamo Is Profitable Again by Three Tenths of One Percent — What a Break-Even Heritage House Reveals About the End of Mid-Luxury Pricing Power
Ferragamo returned to profit in the first half, but only just: €1.5m of net profit on €468m of revenue, a margin of roughly three tenths of one percent. The recovery... Read more...
LVMH Has Sold Patou Back to the Man Who Built It — and the Accounting Explains Exactly Why Scale Could Not Make a Small House Work
LVMH has sold the Paris house Patou back to Dilesh Mehta, the businessman who owned it before bringing the group in as a partner in 2018. Eight years, €23.9m of... Read more...
Outspent From Above, Undercut From Below — Why the Mid-Sized Heritage House Is the Hardest Position in Luxury, and Why Craft Alone Is Not a Strategy
The mid-sized heritage house, built on a century of authentic craft but lacking conglomerate scale, occupies one of the hardest positions in fashion: outspent from above, undercut from below, and... Read more...
French Favourite or Made in France — What a Nationality on the Label Actually Promises, and Five Checks Before You Pay the Heritage Premium
A label that calls a brand a French fashion favourite sells a feeling, Parisian taste, effortless elegance, while making no verifiable promise about where the garment was actually made. National-origin... Read more...
Saudi Arabia Is Building a Thirty-Seven-Billion-Dollar Luxury Market From the Top Down — And the Real Value Inside It Is the Independent Designers, Not the Houses Planting Flags
Saudi Arabia is engineering a luxury fashion market from scratch, with the Fashion Commission projecting it toward roughly thirty-seven billion dollars. Global houses are rushing in because price-led growth has... Read more...
Prada Is Building the Garment Astronauts Will Wear on the Moon — And It Is the Most Emphatic Proof Yet That Craft, Not the Logo, Is What You Are Really Paying For
Prada and Axiom Space unveiled the inner garment NASA astronauts will wear on the moon during Artemis IV — a liquid-cooling and ventilation layer with tubes knitted into it. The... Read more...
Zegna Just Moved Its Debut Out of Milan to a Malibu Pier — And the Luxury Migration to Los Angeles Is the Real Story, Not the Show
Zegna staged its summer 2027 show on the Malibu Pier, moving its debut out of Milan Fashion Week to do it — making it the third major European luxury house... Read more...
Carven Just Named Its Newest Designer in a Fast-Revolving Door — And the Real Lesson Is What Creative Churn Does to a Brand’s Value
Carven named Kai Nesselrath, a near-decade Saint Laurent veteran, as its new design director on June 8, with a debut planned for spring 2027. But the real story is buried... Read more...
Loewe Just Turned 180 by Celebrating Its Own Archive — And That Is Quietly the Best Argument for Buying Vintage You Will Read This Year
Loewe turned 180 and marked it by reaching into its own archive — a capsule built around reissued icons like the 1975 Amazona, now the Amazona 180. Strip away the... Read more...
Hermès Just Staged an Elaborate Spectacle in Los Angeles — And Why It Is the Exact Opposite of the Luxury Theatre Happening Across the Country
Hermès staged the second chapter of its fall 2026 womenswear collection in a purpose-built structure in Bel Air this week, with artistic director Nadège Vanhée-Cybulski reimagining the house’s Carré scarf... Read more...
Prada Just Turned a New York Hotel Into an Art Installation — And the Real Reason Reveals How Luxury Now Manufactures the Value Its Products No Longer Justify
This week Prada turned New York’s Hotel Chelsea into an art installation — the fourteenth edition of its cultural programme Prada Mode, built with filmmaker Nicolas Winding Refn and game... Read more...
Victoria Beckham Just Opened Her First US Store — The Numbers Behind It Explain How Fashion Actually Makes Money
Victoria Beckham opened her first US store in Miami this week on the back of a real turnaround: $170M in sales, up 19%, and a deliberate pivot toward high-margin leather... Read more...
Swiss Watch Exports Just Fell 16.6% in a Single Month — And the Hard-Goods Version of the Luxury Crisis Is Now Visible
The Federation of the Swiss Watch Industry published its April data on Tuesday morning. Exports fell 16.6 percent overall, 56 percent to the United States, and 21 percent at the... Read more...
The Cruise 2027 Season Was the Conglomerate Houses Quietly Admitting Defeat — And Converging on the Exact Wardrobing Logic Independent Designers Have Been Selling for Years
Strip away the destinations — Chanel in Biarritz, Dior in LA, Gucci in Times Square, Louis Vuitton at the Frick — and the four Cruise 2027 shows converged on the... Read more...
The Luxury Industry Just Publicly Admitted Its Strategy Broke 50 Million Customer Relationships — What the FT Business of Luxury Summit Actually Confirmed
At this week’s FT Business of Luxury Summit, Bain & Company laid out the numbers the industry had been avoiding: 50 million luxury customers lost between 2022 and 2025, another... Read more...
What Cannes 2026 Actually Told Us — The Eight Trends That Add Up to One Structural Shift in Luxury Fashion
The 79th Cannes Film Festival closes tonight. Across twelve days the carpet documented eight major trends — archive dressing, covered transparency, French over-fifty style, the women's tuxedo, craft embellishment, the... Read more...
Coach Just Caught Up With Gucci on Wall Street — The Accessible-Luxury Tier That Is Quietly Beating Conglomerate Fashion
On May 7 Coach grew thirty-one percent to one point seven billion dollars in a single quarter. Greater China grew sixty-one percent. Europe grew thirty-one percent. The brand's parent company... Read more...
The Row Is Worth $1 Billion and Has No Logo — The Quiet Brands Just Killed the Mega-Brand Luxury Era
Last October hundreds of people queued in New York City for hours to get into a sample sale. Not for Gucci. Not for Louis Vuitton. For The Row, the logo-free,... Read more...
LVMH Just Sold Marc Jacobs — And Quietly Admitted That Scale Has Become a Liability in Luxury Fashion
On Thursday afternoon LVMH sold Marc Jacobs for eight hundred and fifty million dollars after a two-year search for a buyer. The trade press has filed it as portfolio cleanup.... Read more...
Jewellery Is Quietly Saving the Luxury Industry — And Reshaping What the Next Decade of Fashion Will Look Like
Gucci is down fourteen percent. Kering down six. Hermes missed estimates. The luxury fashion sector is in visible contraction — except for one category that is quietly outpacing every other... Read more...