Fashion Luxury
Western beauty now imports its ideas
The Korean hair-care boom is a costly lesson in the failure of Western research labs.
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Fashion Luxury
Fashion now buys what it cannot build
Mergers are now about survival, not expansion, sidelining the visionaries who built the brands.
Fashion Luxury
Luxury sheds its department stores
Saks Global's bankruptcy forces brands to choose between old partners and absolute control.
Fashion Luxury
Luxury fashion is choosing profit over Paris
For independent designers, the glamour of Paris is no longer worth the price of admission.
Fashion Luxury
Primark’s cheap clothes cost too much
The fast-fashion giant’s reliance on physical stores has turned its greatest asset into an expensive liability.