[ad_1] By Bloomberg Published Feb 9, 2024 Just over a year after China ended its Covid-Zero policy, the expected bounceback in spending on high-end consumer goods has failed to live up to expectations. See catwalkMiu Miu – Spring-Summer2024 – Womenswear – Paris – © Launchmetrics L’Oreal shares tumbled as much as 7.7% on Friday after […]
Read More[ad_1] By Bloomberg Published Feb 9, 2024 Investors are looking for the next turnaround story in luxury. Gucci-owner Kering SA seems like a good fit. See catwalkGucci – Fall-Winter2024 – 2025 – Menswear – Italie – Milan – ©Launchmetrics/spotlight But with the company warning on Thursday that investing in its brands will mean a decline in […]
Read More[ad_1] By Reuters API Published Feb 7, 2024 Investors will be looking to see if Gucci‘s new creative director Sabato de Sarno can move the needle on the company’s financial performance when its owner Kering reports full-year earnings on Thursday. Gucci’s sales have lagged rivals such as LVMH-owned Louis Vuitton and Dior in recent years, […]
Read More[ad_1] Chanel has flexed its brand-protective muscle and came out on top. In a landmark trial that lasted nearly a month, a jury has ruled in favor of the French luxury behemoth for its claim that New York-based indie vintage reseller What Goes Around Comes Around far exceeded first sale doctrine practices and sold fake […]
Read More[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 […]
Read More[ad_1] Not many New York designers (or anywhere) are still around and working to celebrate 40 years at the brands they founded. Marc Jacobs Spring 2024 – Courtesy Notable exceptions are Ralph Lauren, Michael Kors, Tommy Hilfiger, Anna Sui, and, of course, Marc Jacobs, who at 60 is the youngest in the line-up. On Friday, […]
Read More[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, […]
Read More[ad_1] By Bloomberg Published Feb 1, 2024 The wolf is licking its lips. The prey is not wearing a red hooded cape, but Van Cleef Arpels jewelry. Van Cleef & Arpels – Facebook Van Cleef & Arpels Bernard Arnault, the founder and chief executive officer of LVMH who’s known as the “wolf in cashmere,” last […]
Read More[ad_1] Louis Vuitton announced on Tuesday the appointment of Saoirse Ronan as the maison’s newest house ambassador. Saoirse Ronan – Courtesy The four-time Oscar nominated actress has starred in several big-name projects over her two-decade career including the films ‘Little Women,’ ‘Lady Bird’, ‘Brooklyn’, and ‘Atonement’, earning her a top ten position on The New York Times […]
Read More[ad_1] LVMH launched on Sunday the fifth edition of LVMH Watch Week in Miami. LVMH unveils latest timepiece collections at Watch Week in Miami. – LVMH Running until February 1, the event showcases the latest collections from the group’s six watchmaking maisons, including Bulgari, Hublot, Tag Heuer, and Zenith, which graced the 2023 edition in […]
Read More
