FLORENCE, Italy — Gucci has raised the price of handbags by up to 9 percent, joining rivals Louis Vuitton and Chanel in a bet their brands will still lure the wealthy, a Jefferies report said on Friday, as top luxury brands try to shake off the impact of the Covid-19 pandemic. The luxury fashion industry, […]
How to Navigate the Coronavirus Crisis
Hello BoF Professionals, your exclusive ‘This Week in Fashion’ briefing is ready, with members-only analysis on the key topic of the week and a digest of the week’s top news. Coronavirus has dominated headlines for weeks, but it was only in the last few days that the outbreak, now officially a pandemic, seemed to crowd […]
Ferragamo Says It Cannot Forecast Impact of Coronavirus on Results
MILAN, Italy — Italian luxury group Salvatore Ferragamo warned it was not possible to forecast the full impact of a spreading coronavirus outbreak on its results after posting a 4 percent drop in its 2019 core profit on Tuesday. The Italian brand “has begun to implement several concrete actions to protect the group and mitigate […]
Planet Versace
MILAN, Italy — Donatella Versace put her men’s and women’s collections together on the catwalk for the first time on Friday night, but there was a whole world besides. “Sensuality comes from the brain,” she declared in a pre-show press conference, and that idea of the physical calculatedly shaped by the cerebral was a theme. Her invitation […]
In Milan, a Return to Tradition
MILAN, Italy — With a powerful femininity and all its signifiers — from bustiers to garters — making a comeback on the Milanese catwalks, is the notion of gender fluidity still in fashion? It seems that, at least when it comes to expensive Italian clothes, traditional gender norms are back, with the exception of women […]