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Chronic deficits and recapitalisations: The challenge of Richemont's 'Soft Luxury' division

Swiss leader Richemont, driven by the strength of its jewellery houses, is seeing the weaknesses of its fashion and accessories division intensify. Amid repeated capital injections and slowing growth, the group faces a structural profitability challenge. While the strength of Richemont's jewellery and watchmaking divisions is well-established,...

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Fashion

Pieter Mulier's final collection: Alaïa refined, not reimagined

If this fall/winter 2026 season has proven one thing, it is that fashion can be divisive. Yet there remains one designer who has unified the industry throughout his career: Pieter Mulier. The Belgian designer delivered his emotional swan song at Alaïa during Paris Fashion Week, underscoring his status as every designer's favourite designer. On...

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