Prada Cuts Ties With Over 200 Suppliers After Labour Abuse Audit
Since the audit began in 2020, the Milanese fashion group found that more than a quarter of suppliers and subcontractors inspected had broken compliance rules.
luxury / Conglomerates
Luxury
Luxury Investors Eye Tough Earnings Season After Stock Selloff
Luxury-goods makers are facing investor anxiety and a projected rough earnings season despite earlier hopes for a 2026 recovery.
Luxury Investors Eye Tough Earnings Season After Stock Selloff
Luxury-goods makers are facing investor anxiety and a projected rough earnings season despite earlier hopes for a 2026 recovery.
Luxury
LVMH Investors Demand Clarity on Bernard Arnault Succession Plan
Shareholders of the French conglomerate are expressing growing concern over the lack of transparency regarding Bernard Arnault’s plan for succession.
LVMH Investors Demand Clarity on Bernard Arnault Succession Plan
Shareholders of the French conglomerate are expressing growing concern over the lack of transparency regarding Bernard Arnault’s plan for succession.
Luxury
This Week: What Bernard Arnault Can and Can’t Tell Us About the State of Luxury
The world’s biggest luxury conglomerate reports fourth-quarter earnings on Tuesday, and CEO Bernard Arnault will give his annual, often market-moving press conference.
This Week: What Bernard Arnault Can and Can’t Tell Us About the State of Luxury
The world’s biggest luxury conglomerate reports fourth-quarter earnings on Tuesday, and CEO Bernard Arnault will give his annual, often market-moving press conference.
Luxury
Dario Vitale’s Versace Exit: The Backstory
Vitale may not be the right fit for Prada’s Versace strategy but a healthy fashion system depends on creative renewal powered by young talent, writes Imran Amed.
Dario Vitale’s Versace Exit: The Backstory
Vitale may not be the right fit for Prada’s Versace strategy but a healthy fashion system depends on creative renewal powered by young talent, writes Imran Amed.
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Luxury
Luxury Stocks Look Ready for a Stronger Year After Their ‘Detox’
Optimism is building that a second-half rally in Europe’s luxury-goods sector can extend into the new year as signs point to better times for the continent’s flagship equity sector.
Luxury Stocks Look Ready for a Stronger Year After Their ‘Detox’
Optimism is building that a second-half rally in Europe’s luxury-goods sector can extend into the new year as signs point to better times for the continent’s flagship equity sector.
Luxury
Why Prada Moved on From Dario Vitale (and What Comes Next for Versace)
The news that Versace’s designer is exiting the brand comes two days after Prada’s acquisition of the brand, confirming months of speculation. What will Versace do next?
Why Prada Moved on From Dario Vitale (and What Comes Next for Versace)
The news that Versace’s designer is exiting the brand comes two days after Prada’s acquisition of the brand, confirming months of speculation. What will Versace do next?
Luxury
Hermès Heir Takes Aim at LVMH’s Arnault in Civil Lawsuit
Nicolas Puech has filed a civil lawsuit against Bernard Arnault and LVMH, alleging he was deprived of Hermès shares now worth billions, court documents show.
Hermès Heir Takes Aim at LVMH’s Arnault in Civil Lawsuit
Nicolas Puech has filed a civil lawsuit against Bernard Arnault and LVMH, alleging he was deprived of Hermès shares now worth billions, court documents show.
Luxury
Prada’s Versace Acquisition Closes, Now the Real Work Begins
The group’s effort to revive the fortunes of the iconic label founded by Gianni Versace will require both patience and pain. ‘The next 12 months will be rough.’
Prada’s Versace Acquisition Closes, Now the Real Work Begins
The group’s effort to revive the fortunes of the iconic label founded by Gianni Versace will require both patience and pain. ‘The next 12 months will be rough.’
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Luxury
Unpacking LVMH’s Latest Executive Shuffle
Louis Vuitton CEO Pietro Beccari will also steer the conglomerate’s Fashion Group, as Sidney Toledano steps down from operational responsibilities and Vuitton deputy CEO Damien Bertrand joins the group’s executive committee.
Unpacking LVMH’s Latest Executive Shuffle
Louis Vuitton CEO Pietro Beccari will also steer the conglomerate’s Fashion Group, as Sidney Toledano steps down from operational responsibilities and Vuitton deputy CEO Damien Bertrand joins the group’s executive committee.
Luxury
Prada Group CEO Andrea Guerra on Fixing the Luxury Business Model | The BoF Podcast
The seasoned luxury executive joins Imran Amed at BoF VOICES 2025 to discuss pricing strategies and the importance of creative tension and cultural relevance.
Prada Group CEO Andrea Guerra on Fixing the Luxury Business Model | The BoF Podcast
The seasoned luxury executive joins Imran Amed at BoF VOICES 2025 to discuss pricing strategies and the importance of creative tension and cultural relevance.
Luxury
Kering Must Downsize, Reduce Gucci Exposure and Chase Synergies, CEO de Meo Says in Memo
Luca de Meo calls for store closures, recalibrated pricing and a push to grow brands beyond Gucci as the group works to return to sustainable growth.
Kering Must Downsize, Reduce Gucci Exposure and Chase Synergies, CEO de Meo Says in Memo
Luca de Meo calls for store closures, recalibrated pricing and a push to grow brands beyond Gucci as the group works to return to sustainable growth.
Luxury
Why Chinese Shoppers Are Choosing Local Luxury Over LVMH
Chinese consumers are losing interest in heritage European and US luxury brands, instead favouring homegrown premium labels for their distinctive Eastern aesthetic.
Why Chinese Shoppers Are Choosing Local Luxury Over LVMH
Chinese consumers are losing interest in heritage European and US luxury brands, instead favouring homegrown premium labels for their distinctive Eastern aesthetic.
The News in Brief
Indian E-Commerce Firm Meesho’s Quarterly Loss Spikes as It Ramps Up Marketing
Meesho has carved out a niche for itself by offering low-priced products without charging sellers a commission.
Swatch Gives Upbeat Growth Outlook After Second-Half Rebound
The owner of Omega and Longines said positive sales momentum that accelerated over the fourth quarter continued in January across all price ranges, with CEO Nick Hayek flagging a pickup in China.
Church & Dwight Exceeds Outlook On Stronger Sales
The personal care giant cited Hero acne products and the 2025-acquisition of Touchland hand sanitiser as growth drivers.
Astra Signs Obesity Drug Deal in China Worth Up to $18.5 Billion
AstraZeneca agreed to pay Chinese company CSPC Pharmaceutical Group Ltd. as much as $18.5 billion for its obesity drug candidates, as the UK drugmaker tries to push into the growing weight-loss market.
Givaudan Sales Slowdown Sends Fragrance Maker’s Shares Falling
The Swiss firm missed expectations for yearly organic sales growth on Thursday, as weaker performance of its flavours business outweighed resilient growth in fine fragrances.
Winter Games in Italy Attract Luxury Brands Seeking Global Stage
Luxury fashion brands are seeking to capitalise on the Milano Cortina Winter Olympics, opening boutiques, sponsoring teams and launching collections.
Saks Will Close Most Off 5th Stores With Big Clearance Sales
The bankrupt department store operator will focus instead on its luxury offerings at Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman chains.