The Strategy Behind Dior’s New Megastore

Rich Russians Splurge on Luxury, Keeping Legacies Alive: Virgil Abloh, Dior and Saint Laurent

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WHAT YOU NEED TO KNOW TODAY: THURSDAY, MARCH 3, 2022 Dior's Avenue Montaigne revamp is LVMH's latest bet on using experiences and hospitality to deepen brand engagement. Dior and Saint Laurent showcase the challenges that lie ahead for the keepers of Virgil Abloh's legacy, writes Tim Blanks. More brands are halting shipments to Russia, and a growing number pledged donations to aid Ukrainians Rich Russians are buying luxury goods in a bid to preserve the value of their savings.

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LUXURY The Strategy Behind Dior's New Megastore By Robert Williams

CEO Pietro Beccari reveals how a sprawling revamp of Dior's historic Avenue Montaigne hub fits into wider plans for the fast-growing brand. 'It's not a store, it's a universe,' he said. READ MORE

FASHION WEEK Departed Designers, Living Legacies By Tim Blanks

Dior and Saint Laurent showcase the challenges that lie ahead for the keepers of Virgil Abloh's legacy. READ MORE

GLOBAL MARKETS Rich Russians Spend Big on Luxury to Stop Savings Melting Away By Bloomberg

As sanctions take their toll, Russia's wealthy are turning to luxury jewellery and watches in a bid to preserve the value of their savings. READ MORE

GLOBAL MARKETS Ukraine War: Burberry, Puma Halt Shipments as Brands Struggle to Continue Business in Russia By BoF Team A growing number of brands are halting deliveries, with a handful saying they will suspend sales. READ MORE

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NEWS BRIEFS Victoria's Secret Reports Favourable Fourth-Quarter Earnings But Forecasts Downturn American Eagle Warns of Earnings Hit Due to Higher Freight Costs Ralph Lauren Chief Commercial Officer Resigns in Wake of Misconduct Allegations Anta to Open First Fila-Branded Hotel in Shanghai Aussie Beauty Influencers Face Paid Testimonials Ban on Some Products

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VIDEO Can a Materials Revolution Make Fashion More Sustainable? By BoF Team

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At Oeko-Tex, Evolving Material Certification Strategies "We see ourselves as being very connected to the global targets. As an association, we are seeking to provide tools to not only raise awareness of UN goals but to also go on to achieve them," says Oeko-Tex's general secretary Georg Dieners.  Here, he shares how its certification strategy is evolving to meet regulatory and consumer demand.  READ MORE

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