SHANGHAI, China — An impeccably groomed Chinese woman in a crisp white shirt weaves her way around Burberry’s flagship store in downtown Shanghai, swinging handbags over her shoulder to try them on for size and asking questions of the attentive sales assistant by her side. “How much is it? Can you tell me more about the […]
The BoF Podcast: Luca Solca on ‘The Worst Year in the History of Modern Luxury’
LONDON, United Kingdom — As a growing list of brands temporarily close stores across the US and Europe and global supply chains hang in the balance due to the spread of Covid-19, the fashion industry is facing an unprecedented degree of uncertainty. In this special edition of the BoF Podcast, luxury expert and BoF contributor […]
Luxury Braces for $43 Billion in Losses as Coronavirus Panic Goes Global
LONDON, United Kingdom — As global coronavirus cases continue to grow, luxury brands are readying themselves for the worst. Two weeks after the end of mainland China’s state-mandated extended Lunar New Year “holiday,” new cases of COVID-19 have skyrocketed in countries like Iran, South Korea and Italy, where at least six people have died and […]
Louis Vuitton Faces Boycott Threat After Trump Visits Factory
US President Donald Trump holds a bag during a visit to the new Louis Vuitton factory in Johnson County, Texas on October 17, 2019. | Source: Getty Images NEW YORK, United States — LVMH is facing a boycott threat after the French luxury house invited President Donald Trump to the opening of a new Louis […]
The Week Ahead: Which Designers Will Get a Met Gala Bump This Year?
Hello BoF Professionals, welcome to our latest members-only briefing: The Week Ahead. Think of it as your “cheat sheet” to what everyone will be talking about on Monday. THE CHEAT SHEET Fashion’s Super Bowl Camps it Up Donatella Versace, Rihanna and Katy Perry attend tthe 2018 Costume Institute Gala. | Photo: Getty The 71st Met […]