Business

Goodbye DFS, hello Sephora: LVMH's major strategic shift — an analysis of the 2025 financial year

LVMH closes the 2025 financial year with a clear-sighted assessment. Following the post-pandemic euphoria, Bernard Arnault's group reported revenue of 80.8 billion euros, a 5 percent decline on a reported basis. While this headline decline is largely exacerbated by currency volatility, particularly the weakness of the dollar and yen against the...

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Fashion

Jonathan Anderson’s Dior couture debut

With a meadow suspended overhead, Jonathan Anderson’s haute couture debut for Dior unfolded beneath a ceiling of flowers at the Musée Rodin, transforming the historic venue into a living ecosystem. The gesture inevitably recalled Raf Simons’ own floral interventions for the house, most memorably his 2015 couture show, when the museum’s walls...

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Elliott Hill leads Nike turnaround amid cyber attack and workforce adjustments

US sportswear leader Nike has confirmed it is investigating a potential cybersecurity incident following claims by an extortion group that it has leaked a significant volume of internal data. The disclosure coincides with reports that the retailer is reducing its workforce by approximately 775 roles at distribution centres to accommodate...

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Fashion

20 years on: A look back at Copenhagen Fashion Week’s evolution over two decades

Copenhagen Fashion Week (CPHFW) has officially entered its 20th year. The Danish event, which has roots in commercial trade, has grown to become an influential player in the global fashion agenda, giving it the status of the “fifth fashion capital”. Its positioning has seen it drive forward eco-conscious values across the industry, and broader...

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