The French group will pay €1.7 billion for 30 percent of the Italian couture house as the first step in a broader partnership with owner Mayhoola. What will the deal mean for Kering, Valentino, Mayhoola and the wider fashion landscape?
The French house showcased its new Tweed-inspired high jewellery collection in London this week. CEO Frédéric Grangie sees the ‘booming’ category as a key opportunity to elevate the Chanel brand.
Designers Luke and Lucie Meier have softened the fast-growing brand’s signature rigour with a newfound dreaminess that is all about them, writes Tim Blanks.
Italian luxury sneaker brand Golden Goose has picked Lazard as financial adviser to explore a potential stock market listing in Milan, two sources close to the matter said on Tuesday.
Prices for pre-owned Rolex watches kept falling on the secondary market last month while entry-level models and brands like Cartier and Omega fared comparatively better.
Allegations of possible money laundering by Bernard Arnault are “as absurd as they are unfounded,” the French billionaire’s lawyer said in a statement on Saturday.
On Saturday, subscribers to Philo’s mailing list received an email confirming the launch date along with a fast-moving GIF of flashing images teasing a glimpse of her creative vision for the label for the first time.
The Paris public prosecutor’s office confirmed on Friday that it is investigating financial transactions involving LVMH owner Bernard Arnault and Russian businessman Nikolai Sarkisov.
Gay rights groups in Italy have praised Donatella Versace for speaking out against the government’s anti-gay policies in a heartfelt and personal speech while receiving a fashion award.
Italy’s fashion label Moschino will hire its new creative director in the next few weeks, said Massimo Ferretti, the executive chairman at Aeffe, which owns the brand.
Rocha, known for her romantic creations imbued with a subversive take on femininity, will present her interpretation of Jean Paul Gaultier’s work in January 2024 during Paris Couture Week.