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Elizabeth Paton
Posts
French Luxury Giant Kering Taps Auto Executive as Its New Leader
The former chief executive of the carmaker Renault will replace Francois-Henri Pinault as the struggling company seeks a turnaround.
Burberry to Cut Up to 1,700 Jobs in Turnaround Push
The British fashion house, which reported poor annual sales in a precarious time for the global luxury industry, is looking to save 60 million pounds…
Would You Buy Your Diamond Engagement Ring at Walmart?
The popularity of synthetic stones has sent the market for natural diamonds crashing. With consumers confused about how to tell the difference, how can a…
Why TikTok Users Are Blocking Celebrities
A TikTok movement is calling for followers to block famous people over their stances on the Israel-Hamas war. It began at the Met Gala.
Farfetch to Be Acquired by Coupang for $500 Million
The luxury e-commerce platform will narrowly avoid bankruptcy after the buyout from South Korea’s answer to Amazon.
Is Farfetch About to Go Bust?
For years, Farfetch was a tech darling that powered much of online luxury shopping. Now it is teetering on the brink of collapse.
From LSD to I.P.O., Birkenstock Bets Big on Its Global Empire
Once the symbol of the counterculture, lately the darlings of the fashion world, Birkenstock went public in New York.
Sarah Burton to Leave Alexander McQueen
The British designer and successor to Mr. McQueen will leave the label she has led for 13 years after one last show at Paris Fashion…
Chloé Bids Goodbye to Gabriela Hearst
The designer’s departure from the French fashion house is the latest in a string of exits at the top of the luxury industry this year.
