The BoF Podcast: Rick Owens

Luxury Brands Downplay Recession Fears, Uniqlo's US Sales Shine

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WHAT YOU NEED TO KNOW TODAY: SATURDAY, SEPTEMBER 3, 2022 Luxury brands are riding high despite recession fears, even as mass retailers downgrade their sales outlooks. Uniqlo is set for its best year ever in North America after revamping its logistics and pricing strategy during the pandemic. BoF Professional analysis now unlocked for non-members: With bags from coveted brands like Hermès and Chanel fetching hefty sums at resale, an alluring asset class may be in the making. Plus, this week on The BoF Podcast, Rick Owens speaks with BoF editor-at-large Tim Blanks about why he feels a sense of optimism following the pandemic.

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LUXURY The BoF Podcast | Rick Owens on Lessons Learned From the Pandemic By BoF Team

In an interview from the BoF archives, BoF editor-at-large Tim Blanks spoke with the designer about his first collection after 2020 and why he feels a sense of optimism following the pandemic. READ MORE

FINANCIAL MARKETS Why Luxury Brands Can't Ignore the Recession Threat Forever By Diana Pearl High-end brands continue to report record sales and profits, even as mass retailers trim their outlooks for the autumn and winter. Can it last? READ MORE

LUXURY Can Luxury Bags Be Smart Investments? By Tamison O'Connor As top luxury labels raise prices and tighten distribution, designer bags are garnering higher prices at resale, with some styles from coveted brands retaining a significant portion of their retail value long after purchase. READ MORE

BoF PROFESSIONAL Join now and enjoy your first 30 days for just $/£/€1 START TRIAL

NEWS BRIEFS LVMH Taps Michael Schriver To Oversee Greater China, Korea Amid US Retail Gloom, Uniqlo Shines on Covid-Triggered Revamp Ted Baker's Store Revenue Gains on Recovering Footfall, Formalwear Sales

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