Shoemaker Tod’s should walk toward a sweeter offer

[ad_1] By Bloomberg Published Feb 12, 2024 Driving-shoe maker Tod’s SpA always looked like a private company, what with the Italian Della Valle family having a majority. Now it soon might be. The founding family is teaming up with L Catterton, the private equity firm backed by LVMH, to buy out the remaining shares, valuing the company at […]

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According to François-Henri Pinault, “Kering does not aspire to become a real estate developer”

[ad_1] Translated by Roberta HERRERA Published Feb 9, 2024 Since the start of the decade, the luxury group Kering has made significant strides in real estate acquisitions, investing hundreds of millions of euros annually. Notable among these acquisitions are the future Gucci flagship on rue de Castiglione in Paris, slated to open its doors in […]

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Raúl Pagès wins debut Louis Vuitton Watch Prize for Independent Creatives

[ad_1] And the winner is Raúl Pagès. The Swiss-based watchmaker nabbed the inaugural Louis Vuitton Watch Prize for Independent Creatives on Tuesday night with his novel approach to his métier. Raúl Pagès wins the coveted watch prize – Courtesy Staged inside Vuitton’s Frank Gehry-designed art foundation on the edge of Paris’ Bois de Boulogne, the […]

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a Paris mansion not a French brand

[ad_1] Bernard Arnault used to be known for buying luxury brands. Now, his favorite pastime is snapping up buildings – the latest of which is a historic Paris mansion near the Opera Garnier.  Hotel Soltykoff, Paris Luxury behemoth LVMH, where Arnault is chairman, CEO and controlling shareholder, acquired the Hotel Soltykoff at 10 rue Volney, […]

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Bernard Arnault in witty mood at LVMH results’ presentation

[ad_1] Translated by Nicola Mira Published Jan 29, 2024 Last Thursday, a few seconds after 6 pm CET, as soon as trading at the Paris Stock Exchange closed for the day, luxury tycoon Bernard Arnault took to the conference room stage at the LVMH group’s headquarters in Paris, at 50 Avenue Montaigne. FNW/DM Arnault, who […]

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Dior and Louis Vuitton encouraged to “slow down their growth” in 2024

[ad_1] Translated by Roberta HERRERA Published Jan 27, 2024 During the announcement of LVMH‘s annual results on Thursday, January 25, the French conglomerate’s chairman, Bernard Arnault, once again highlighted “the outstanding performance of the ‘Fashion & Leather Goods’ division,” which achieved a total revenue of €42.16 billion in 2023, marking a 9% increase compared to […]

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LVMH’s Arnault set to propose sons Alexandre, Frederic for company’s board

[ad_1] By Bloomberg Published Jan 22, 2024 Bernard Arnault plans to appoint two of his sons to the board of LVMH Moet Hennessy Louis Vuitton SE, as the French billionaire continues to groom his children to potentially lead the luxury empire he founded. Alexandre Arnault Arnault’s nomination of sons Alexandre, 31, and Frederic, 29, could […]

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Schiaparelli stages sensational show, amid rumors of an acquisition

[ad_1] Is LVMH about to buy Schiaparelli, which opened the Paris haute couture season with a sensational Texan-tinted and celestial-inspired show attended by Jennifer Lopez and Zendaya?  Schiaparelli AW Couture 2024/2025 – FNW There had been rumors that Schiaparelli’s owner, Italian luxury baron Diego Della Valle might be mulling a sale, now that its couturier […]

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handover from Michael Burke to Sidney Toledano

[ad_1] Translated by Cassidy STEPHENS Published Jan 18, 2024 The world’s number one luxury goods group LVMH announced on Thursday that it would be making further management changes around Bernard Arnault, by switching two of the CEO’s loyal associates Michael Burke and Sidney Toledano, according to a press release. Michael Burke and Sidney Toledano – […]

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Pharrell Williams’ Wild West wardrobe

[ad_1] Go west young man, go west. Pharrell Williams did Tuesday – inventing a modern Wild West wardrobe in his latest collection for Louis Vuitton, staged in weather conditions worthy of Montana in winter.  Louis Vuitton Fall/Winter 2023 – FashionNetwork.com For his second LV show, Williams took the brand to the Jardin d’Acclimatation in the […]

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