Why Dior Needs Change

The BoF Podcast: The Luxury Crisis, Explained

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WHAT YOU NEED TO KNOW TODAY: SATURDAY, FEBRUARY 1, 2025 Dior has struggled to respond to a softer luxury market with the same creative direction. On The BoF Podcast, Imran Amed and Bob Safian discuss the forces behind luxury's slowdown and what it means for fashion.

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LUXURY Why Dior Needs a Change By Robert Williams

Kim Jones is exiting the brand, with Maria Grazia Chiuri expected to follow suit in the coming months. Will a creative shakeup reinvigorate excitement for LVMH's second-biggest brand? READ MORE

LUXURY The BoF Podcast | The Luxury Crisis, Explained By Imran Amed

BoF's Imran Amed and Bob Safian discuss the forces shaping the luxury slowdown and what the industry needs to do to snap out of it. READ MORE

LUXURY Kim Jones Exits Dior Homme By Robert Williams

Jones is leaving his position as artistic director of the LVMH-owned menswear line after seven years. Neither his successor nor his next moves were announced. READ MORE

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NEWS BRIEFS US Inflation Rise in December; Consumer Spending Accelerates

SPECIAL FEATURE

The State of Fashion: Luxury As we step into 2025, the luxury sector faces unprecedented challenges. Macroeconomic headwinds, shifting customer preferences and a question mark over luxury's value proposition are reshaping the industry. To navigate this new reality, companies will need to review their strategic priorities — investing in talent development, product excellence and finding new ways to engage with clients. Download The State of Fashion: Luxury, a special edition of the flagship report by McKinsey & Company and BoF Insights — The Business of Fashion's advisory team — to understand the strategic imperatives for luxury executives in the years ahead. DOWNLOAD NOW

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