LVMH Partners with Paris 2024 Olympic Games: Fusing Luxury and Sports
LVMH has become a Premium Partner for the Paris 2024 Olympic and Paralympic Games.
Yara Shahidi Fronts Gaultier Divine Campaign
Jean-Paul Gaultier will launch a new women’s fragrance, “Gaultier Divine,” this August. Yara Shahidi, an actress and activist, is the face of the campaign.
LVMH Thrives Amid Global Uncertainty
LVMH Moët Hennessy Louis Vuitton reported a 15% revenue increase in the first half of 2023, amounting to €42.2 billion.
Daisy on-the-go: Marc Jacobs Unveils Pocket-Sized Fragrance Capsules
Marc Jacobs has introduced Daisy Drops, a new product line in the Daisy Collection, which consists of compact, single-dose fragrance capsules.
Beyoncé Set to Launch First New Fragrance in Nearly a Decade
After launching her North American Renaissance World Tour, Beyoncé returns to the fragrance industry.
Puig’s U.S. Expansion: A Rockefeller Move
Spanish fashion and beauty manufacturer, Puig, plans to relocate its U.S. offices.
Kim K’s Skims: Shapewear to Shareholders?
Skims, co-owned by Kim Kardashian and Jens Grede, has secured $270 million in its latest fundraising, lifting the company’s valuation to $4 billion
Kendall Jenner Soars to New Heights as L’Oréal Paris’ Global Ambassador
Supermodel Kendall Jenner has been announced as the new global ambassador for L’Oréal Paris, with her debut campaign launching in September.
Lelio Gavazza Appointed as New CEO of TOM FORD FASHION
Ermenegildo Zegna N.V. has announced the appointment of Lelio Gavazza to the newly created CEO role at TOM FORD FASHION.
H&M Announces Expansion into Brazil by 2025
Fashion retailer H&M has revealed plans to expand its presence into Brazil by 2025, encompassing physical stores and an online platform
Empower Global: A New Platform Amplifying Black-Owned Businesses
Sean “Diddy” Combs has initiated Empower Global, a digital marketplace catering exclusively to Black-owned businesses.
H&M Expands Beyond Apparel
Fast-fashion retailer H&M is diversifying its portfolio beyond clothing. In response to stagnant sales, the company is expanding into beauty products and housewares and offering products from third-party brands.
Dries Van Noten destroys silos with new Paris boutique
Dries Van Noten’s latest retail concept is designed to showcase the interplay between the designer’s beauty, fragrance and accessories ranges, according to a report published by WWD.
Shein said to be poised to list on New York stock exchange
Shein has filed registration documents in advance of an initial public offering on the New York stock exchange, according to a report published by Reuters quoting ‘people familiar with the matter’ as its source.
Dior’s spa cruise is back for Paris fashion week
Dior’s Cheval Blanc Paris spa experience has set sail along the Seine once again. The LVMH-owned designer brand’s Spa Cruise 2023 made a splash in the French capital yesterday for Haute Couture Week and will be moored at Port Henri IV through 14th July.
Frasers snaps up stakes in Boohoo
Frasers has disclosed an 8.9 percent stake in Currys and 5.01 percent stake in Boohoo, according to a report published by Reuters.
H&M breaks Guinness World Record for World’s Largest Drag Brunch
Amid the growing controversy surrounding Pride, H&M USA has doubled down on its year-round commitment to inclusivity by creating a safe space to celebrate drag entertainment and Pride. the Swedish fashion retailer has broken the Guinness World Record for the Most People Attending a Drag Brunch.
Clinique announces Kate Spade collab
Clinique has teamed up with Kate Spade to launch a nostalgic lip gloss collection that harks back to the early 2000s, an era that is currently trending on TikTok, according to a report published by Glossy.
Shein cuts ribbon on EMEA headquarters
Shein has announced the official opening of its Europe, Middle East and Africa (EMEA) headquarters in Dublin, Ireland.
Kering to pay record rent for Bond Street store
Kering has agreed to pay a record £13 million per year to lease a six-storey building on London’s luxury hub, Bond Street, according to a report published by the Retail Gazette.
Gucci premises inspected by European Commission over anti-trust concerns
Kering has announced that the Italian premises of its Gucci brand are being inspected by the European Commission as part of a preliminary investigation into the fashion sector in several countries under EU antitrust rules.
Former Louis Vuitton CEO tipped to head up LVMH Fashion Group
The former CEO of Louis Vuitton, Michael Burke, is rumoured to be the favourite to become the Chairman and CEO of LVMH Fashion Group, according to a report published by Bloomberg quoting an online fashion publication.
Saint Laurent launches a film-making arm
Saint Laurent has opened a film production company named Saint Laurent Productions, according to a report published by Variety. The initiative is said to be the darling of Artistic Director, Anthony Vaccarello.
Inditex gets green light to sell Russian business
Inditex has been given the go-ahead to sell its Russian arm, according to a report published by The Financial Times. The clothing behemoth will offload its stores in its second-biggest market to UAE-based Daher Group.
Bernard Arnault’s net worth crosses US$200 billion milestone
LVMH Founder, CEO and Chairman, Bernard Arnault has become the third billionaire ever to see his net worth exceed the US$200 billion mark. The luxury goods joins Elon Musk and Jeff Bezos at the top of the record personal wealth charts, according to a report published by Bloomberg.
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