Luxury news and archive

Richemont chairman hopeful of negotiated solution on US tariffs

Zurich - Richemont chairman Johann Rupert expressed optimism for a negotiated solution regarding US tariffs on Swiss goods. He stated on Wednesday that the luxury group remains "well-positioned" for the long term. "I am in contact with the Swiss government and the heads of the negotiations in the US", Rupert said at the annual general meeting in...

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Fashion|Opinion

Luxury fashion at a crossroads ahead of key designer debuts

If the Venice Film Festival’s red carpet is any guide, the luxury sector is entering the womenswear season in a state of uncertainty. Following a long summer and the July haute couture shows, celebrity dressing has returned with renewed significance, as catwalk presentations risk becoming increasingly predictable and uninspiring. The festival...

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Fashion

Loewe and Jacob & Co. elevate wearable tech to High Fashion

The merger of fashion and technology has been a bumpy ride. The fashion industry has often approached it with the question: “What can tech do for us?” The answers have not always been inspiring. Jackets with built-in heating panels, compression wear with biometric sensors, or LED-lit outerwear may be useful in theory, but have rarely translated...

Fashion|Interview

Janet Mandell expands luxury rental model with consignment service and AI try-on

In a rental market dominated by convenience and price, Janet Mandell has carved out a niche: a couture-level service paired with a circular fashion ethos. From her showrooms in New York, Los Angeles and Chicago, Mandell has built a business that not only provides access to over 6,000 designer pieces, but also strives to care for clients as...

Retail|In Pictures

Inside couturier Rahul Mishra's museum-like flagship store in Mumbai

Couturier Rahul Mishra, who shows on the official Paris Haute Couture Week calendar, has announced a unique opening. This is his largest and most ambitious flagship in Mumbai, India, envisioned as a "living museum of couture". Committed to traditional Indian craftsmanship, Mishra has integrated his manufacturing process within several Indian...

Fashion

Louis Vuitton's beauty brand has officially launched

Louis Vuitton’s move into luxury beauty has been widely anticipated after five years in the making. For fashion houses of such scale, beauty is often a natural extension, offering both a new revenue stream and a way to expand brand reach. With La Beauté, the company is extending its core themes of travel, craftsmanship and design into the...

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Fashion

Luxury Redefined: white paper analyses how brands can connect with today's consumers

The luxury industry has been having a hard time keeping up with their consumers - while wooing and educating them in the 2010s, it did not anticipate that they would outgrow their teachers. Hence, media brand Highsnobiety together with the Boston Consulting Group surveyed more than 6,6,710 consumers in eleven key markets - China, South Korea,...

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Business|Interview

President of Max Pawn Luxury talks pre-owned: "The younger generation has a more discerning eye"

Far from being a passing trend, second-hand is becoming a permanent fixture in consumer habits across the world. An increasing number of shoppers are taking up circular shopping habits, confirming the lasting integration of the pre-loved market in consumer preferences. With over 40 years of experience in the luxury resale sector, Michael Mack,...

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Business

French textile industry faces challenges and opportunities in 2025

Between the law against ultra fast fashion, the (relative) drop in mergers and acquisitions, and persistent deindustrialisation, the first six months of 2025 have been somewhat turbulent and tinged with warning signs for the French textile industry. Adopted in early June, the new French law against ultra fast fashion marks a "historic turning...

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Retail|ANALYSIS

Experiential luxury vs. material purchase: New balance of brand strategies

The phenomenon is observed across the globe. Affected by the economic situation, consumers are turning away from material acquisition in favour of, at times, experience. Initiatives like 'The Louis' by Louis Vuitton in Shanghai raise the question of the effectiveness of this immersive shift. Is it a long-term brand-building exercise, or can we...

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Business

Luxury sector faces challenges: Tariffs, declining sales, and economic headwinds

Paris - The global luxury sector is facing increasing challenges, grappling not only with a decline in the consumption of high-end handbags, perfumes, and designer clothing but now also contending with new tariffs on exports to the United States, a crucial market. Bernard Arnault, chairman and CEO of LVMH, acknowledged the difficult landscape....

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Retail|ANALYSIS

Summer in Saint-Tropez: When the fashion industry makes the Gulf go round

An idyllic setting, the Mediterranean glistening under the summer sun, and an unparalleled vibrancy enliven the narrow streets of the village. Every year, Saint-Tropez is not content with simply being a dream destination. It transforms into an experiential incubator for the biggest luxury houses. This summer vibrancy also raises questions. How...