After a season of designer debuts, we’re looking at whether fashion has delivered on its great reset, as well as the other drama playing out in Paris: Shein’s plans to open its first physical stores. Then there’s the latest luxury sweatshop scandal, and also Taylor Swift.| The Business of Fashion
Sales in the group’s critical fashion and leather goods division — which includes flagship brand Louis Vuitton — fell 9 percent in the latest quarter. The group is fending off challenges across key units.| The Business of Fashion
The French luxury giant is further solidifying its control over the exclusive Beverly Hills retail zone with plans for a new Tiffany flagship and a large Louis Vuitton store and cultural campus.| The Business of Fashion
The fashion house’s reveal of its debut cosmetics line has fired off a hot debate about the limits of what brands can charge for beauty. Will that noise translate into sales? Or did luxury’s biggest brand misjudge the moment?| The Business of Fashion
The stakes are high for the designer’s debut at the French megabrand as owner LVMH faces mounting pressure to resolve problem areas in its portfolio.| The Business of Fashion
This week, court documents linking the top-end brand to Chinese sweatshops outside Milan called the entire luxury sector’s credibility into question.| The Business of Fashion
LVMH’s high-end cashmere firm cultivated unassailable luxury credentials with its commitment to quality and craft. According to Italian prosecutors, thousands of its cashmere jackets were made in illegal, Chinese-owned workshops on the outskirts of Milan.| The Business of Fashion
Three friends with no fashion background built a $100 million retail business in Washington, DC by doing what many in multi-brand e-commerce couldn’t: defining their customer and sticking to their preppy aesthetic.| The Business of Fashion
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.| The Business of Fashion
The luxury industry is facing another lost year, according to Bain’s latest luxury update, but investors are being too gloomy on the sector’s long-term prospects, argues Andrea Felsted.| The Business of Fashion
The luxury goods maker is reeling from a sharp downturn in the €364 billion industry — and questions about succession are growing louder.| The Business of Fashion
