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The Big Three of Luxury Facing Underconsumption: A Critical Turning Point

Article by Vanessa Spiva

LVMH, Kering, and Hermès, the titans of luxury, are facing underconsumption challenges due to shifting consumer behaviors, economic uncertainties, and a need for strategic innovation to maintain their dominance in the evolving market.

Peter Hawkings Departs Tom Ford: An Era of Transformation in Luxury Fashion

Article by Teah Spears

Peter Hawkings has stepped down as Creative Director of Tom Ford less than a year after his appointment, marking a significant transition for the brand amidst a series of high-profile exits in the luxury fashion industry.

Bernard Arnault Acquires Stake in Richemont: Implications for the Luxury Sector

Article by Teah Spears

Bernard Arnault has acquired a stake in Richemont, sparking speculation about strategic intentions in the luxury sector, while Richemont Chairman Johann Rupert maintains firm control and independence despite recent management changes.