{"podcast":{"title":"The Business of Fashion Podcast","slug":"the-business-of-fashion-podcast-879606","podcast_index_feed_id":879606,"rss_url":"https://feeds.acast.com/public/shows/6355d904dd5e0e0012da88d1","website_url":"https://www.businessoffashion.com/podcasts?search","image_url":"https://assets.pippa.io/shows/6355d904dd5e0e0012da88d1/show-cover.png","author":"The Business of Fashion","episode_count":634,"summary":"The Business of Fashion has gained a global following as an essential daily resource for fashion creatives, executives and entrepreneurs in over 200 countries. It is frequently described as “indispensable,” “required reading” and “an addiction.” Hosted on Acast. See acast.com/privacy for more information.","last_synced_at":"2026-06-06T06:20:39.903861+00:00","page_url":"https://stenobird.com/podcast/the-business-of-fashion-podcast-879606"},"episode":{"title":"Why Luxury Still Can’t Find Its Way Out of the Slump","slug":"why-luxury-still-can-t-find-its-way-out-of-the-slump","published_at":"2026-04-22T15:07:55+00:00","page_url":"https://stenobird.com/podcast/the-business-of-fashion-podcast-879606/why-luxury-still-can-t-find-its-way-out-of-the-slump","show_page_url":"https://stenobird.com/podcast/the-business-of-fashion-podcast-879606","url":"https://shows.acast.com/the-business-of-fashion-podcast/episodes/69e8e44deefc66ef2b7041a5","audio_url":"https://sphinx.acast.com/p/open/s/6355d904dd5e0e0012da88d1/e/69e8e44deefc66ef2b7041a5/media.mp3","summary":"Luxury entered 2026 with hopes that new creative directors and signs of stabilisation would finally help the sector turn a corner. Instead, the latest round of earnings has raised bigger questions about what growth now looks like for the industry. While brands including Dior, Gucci and Chanel are generating renewed interest, that excitement has not yet translated into a meaningful sales rebound.  From the slowing Chinese market to geopolitical tensions in the Middle East, luxury conglomerates are facing a complex web of challenges that creative hype alone cannot solve. On the episode, BoF luxury editors Mimosa Spencer and Robert Williams explain why China remains such a critical missing piece, why Louis Vuitton is under closer scrutiny than usual, and why jewellery continues to outperform the rest of luxury. Key Insights: One of the clearest messages from this earnings season is that new designers can lift mood and momentum internally, but that alone is not enough to restart the industry. Williams says the latest results confirmed that the impact of all these creative resets is “pretty limited, especially in isolation”. As he puts it, “the result of that is more like treading water or stabilising versus actually reigniting growth.” Spencer adds that the disappointment was sharper because there had been so much excitement around these debuts that “a lot of investors were expecting some earlier results.” Both Spencer and Williams point to China as the market hanging over the entire sector. Even where sentiment improved at the end of last year, investors were still looking for signs that Chinese demand might return in a meaningful way. Spencer says the bigger issue now is not just timing but structure: “The question is whether the kind of growth we saw in the past wi…","meta_description":"Luxury entered 2026 with hopes that new creative directors and signs of stabilisation would finally help the sector turn a corner. Instead, the latest rou…","key_points":[],"chapters":[],"topics":[],"duration_seconds":2211,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/the-business-of-fashion-podcast-879606/episodes/why-luxury-still-can-t-find-its-way-out-of-the-slump/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/the-business-of-fashion-podcast-879606/why-luxury-still-can-t-find-its-way-out-of-the-slump.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}