Author: VOG

Sign up to receive the Vogue Business newsletter for the latest luxury news and insights, plus exclusive membership discounts.London-based Georgian designer David Koma is the new creative director of Blumarine, the company announced today, following the swift exit of previous creative director Walter Chiapponi in March after one season. He will present his first collection for pre-fall 2025 in May/June next year.Known for his red carpet occasionwear, Koma launched his eponymous London-based fashion house in 2009, and has built a robust client base for his sculptural, bold silhouettes.“David Koma’s aesthetic captured me from the beginning. I am sure that David will…

According to media company Launchmetrics, Bvlgari often performs better than Cartier and Tiffany on the red carpet — at the last edition of Cannes Film Festival the Roman house garnered $10 million in media impact value (or MIV, a proprietary measure of Launchmetrics) vs Cartier’s $5.8 million and Tiffany’s $5.3 million. Launchmetrics notes that dressing former Miss Universe Pia Alonzo Wurtzbach at the latest Cannes Film Festival had been particularly rewarding as it generated 43 per cent of the brand’s $10 million MIV.“Whether you sell it or not, high jewellery is beneficial for the brand. And when you sell it,…

Sign up to receive the Vogue Business newsletter for the latest luxury news and insights, plus exclusive membership discounts.The pouring rain didn’t spoil the four-hour opening ceremony of the Olympic Games, which was held on the Seine on 26 July. “When you love the games, you don’t let a few raindrops bother you,” Tony Estanguet, president of the Paris Olympics and Paralympics organising committee, said on the podium facing the Eiffel Tower at the Trocadéro.Estanguet worked closely with Thomas Jolly, artistic director of the ceremonies, to put together the spectacle that — for the first time — wasn’t held in a…

Welcome to The American Thread, a recurring column on the fate and future of fashion in the US, written by Vogue Business editor-at-large Christina Binkley. To receive the Vogue Business newsletter, sign up here.Steven Kolb, the long-time chief executive of the Council of Fashion Designers of America (CFDA), last week posted an Instagram story seeking a marketing sponsor for New York Fashion Week. It’s an indication of the struggles facing American fashion.Kolb’s post, which he also placed on his LinkedIn, Facebook, X and Threads, asked his followers for ideas to enlist a sponsor for a bus that could ferry NYFW…

Even during an industry-wide slowdown, Kering is lagging compared to other luxury players. Rival LVMH’s fashion and leather goods division reported a 1 per cent sales increase in the second quarter, while Richemont also reported sales up 1 per cent in the quarter ending 30 June. Burberry reported that retail sales tumbled 20 per cent year-on-year at constant exchange rates in the first quarter of 2024, and Hugo Boss reported sales down 1 per cent at constant exchange rates. The Moncler brand grew 5 per cent in Q2. Hermès and Prada are to report their numbers in the coming days.Asked…

“For the time, we still see a lot of Chinese travellers in Japan, which basically says something about the appetite of mainlanders for our brands: it shows no sign of fading away,” LVMH CFO Jean-Jacques Guiony told analysts on Tuesday. “This situation of Japan attracting most of the growth is creating a bit of deflationary pressure in China itself because if you can’t buy at Japanese prices, you don’t buy and wait until you go to Japan. It’s quite complicated to anticipate what will happen in the second half. We have no reason to be pessimistic, but being optimistic would…

Similarly, Taylor believes there’s a sense of candidness to It Girls that viewers respond well to. “I think the audience enjoys the short-form format and the opportunity to see different outfits and different women in their casual street style looks,” she explains.Some of the shows are opening up the inner sanctums of fashion to the consumer. For example, designer and founder of Knorts Eleanore Guthrie hosts a YouTube series documenting the intricacies of running her independent knit-denim brand. “I share things like showroom meetings, stylist pulls, design development, knitting on my knitting machines, the process of designing and developing a…