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.

After years of raising prices with no corresponding bump in quality or creativity, the industry is being forced to rebuild its trust with shoppers, according to the BoF-McKinsey State of Fashion 2026.

After years of raising prices with no corresponding bump in quality or creativity, the industry is being forced to rebuild its trust with shoppers, according to the BoF-McKinsey State of Fashion 2026.

Both the Rolex Day-Date in white gold and its counterpart in platinum are investments, but one trades at a much higher premium to fundamentals, observes Bloomberg’s Felix Salmon.

Both the Rolex Day-Date in white gold and its counterpart in platinum are investments, but one trades at a much higher premium to fundamentals, observes Bloomberg’s Felix Salmon.

Joshua Schulman reveals how he’s fuelling the brand’s turnaround with a more get-able take on British luxury and a new sense of urgency in the BoF-McKinsey State of Fashion 2026 report.

Joshua Schulman reveals how he’s fuelling the brand’s turnaround with a more get-able take on British luxury and a new sense of urgency in the BoF-McKinsey State of Fashion 2026 report.

The London-based fashion startup nearly tripled revenues in its second full year of trading.

The London-based fashion startup nearly tripled revenues in its second full year of trading.

With the boom of the secondhand-luxury-goods market, an actual fund that attempts to make money off the secondary luxury handbag market is the next logical step, writes Allison Schrager.

With the boom of the secondhand-luxury-goods market, an actual fund that attempts to make money off the secondary luxury handbag market is the next logical step, writes Allison Schrager.

High-end brands struggled to shake the gloom, with no sign of a rebound in view. Yet bright patches have emerged, with fresh energy from creative revamps, investor confidence in Kering’s new CEO and outperformance of labels like Hermes, Brunello Cucinelli and Prada.

High-end brands struggled to shake the gloom, with no sign of a rebound in view. Yet bright patches have emerged, with fresh energy from creative revamps, investor confidence in Kering’s new CEO and outperformance of labels like Hermes, Brunello Cucinelli and Prada.

The high-end Italian sneaker brand’s sale to HSG for over €2.5 billion marks a successful exit for private-equity owner Permira, particularly at a moment of depressed demand for luxury goods, writes Andrea Felsted.

The high-end Italian sneaker brand’s sale to HSG for over €2.5 billion marks a successful exit for private-equity owner Permira, particularly at a moment of depressed demand for luxury goods, writes Andrea Felsted.

A wave of creative overhauls swept through the industry including Chanel, Dior and Gucci as brands scrambled to reignite the interest of inflation-weary shoppers. The renewal brought excitement, but will it help fashion pull out of its slump?

A wave of creative overhauls swept through the industry including Chanel, Dior and Gucci as brands scrambled to reignite the interest of inflation-weary shoppers. The renewal brought excitement, but will it help fashion pull out of its slump?

Exclusive labels are lavishing top-spending clients with special events as luxury’s customer base shrinks.

Exclusive labels are lavishing top-spending clients with special events as luxury’s customer base shrinks.

In Paris, twin exhibitions reveal how two radically different working methods converged around craft, discipline and silhouette, writes Laurence Benaïm.

In Paris, twin exhibitions reveal how two radically different working methods converged around craft, discipline and silhouette, writes Laurence Benaïm.

Creative director Mario Arena will show his second collection for the brand in February, as the womenswear label seeks to expand after a period of retrenchment.

Creative director Mario Arena will show his second collection for the brand in February, as the womenswear label seeks to expand after a period of retrenchment.

The luxury fashion market appears poised to turn a corner, but questions linger as Chanel, Dior, Gucci, Balenciaga and others prepare to bring their new creative visions to market.

The luxury fashion market appears poised to turn a corner, but questions linger as Chanel, Dior, Gucci, Balenciaga and others prepare to bring their new creative visions to market.
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.
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.
Record-high gold prices are expected to cause India’s gold imports to fall this year as demand for jewellery is crimped.
Swiss watch exports grew 3.3 percent in December driven by a surge in shipments to the US following a reduction in tariffs.
The French group said sales in the key Chinese market grew in the quarter, but the results were less encouraging than expected in the wake of more upbeat comments on China from Richemont and Burberry earlier this month.
The Swiss company has agreed to sell the nearly 200-year-old watchmaker to Italy’s Damiani Group amid a market slowdown for luxury timepieces.
The British luxury brand exceeded holiday sales expectations, driven by a successful marketing strategy that helped attract more Gen-Z consumers.
The luxury conglomerate has agreed to sell its travel retail business.