LVMH Buys Legendary Parisian Bistro, Preserves French Cultural Heritage
LVMH, the esteemed Frenchluxury conglomerate, has recently expanded its vast empire by acquiring a majority stake in the century-old Parisian bistro, Chez L'ami Louis. This picturesque eatery, situated in the heart of the City of Light, has long been renowned for its delectable cuisine and charming ambiance, having attracted an illustrious clientele that includes luminaries such as Bill Clinton, Martin Scorsese, David and Victoria Beckham, and Gwyneth Paltrow. According to a statement issued by LVMH, the company intends to preserve the unique character and family identity of the restaurant, while also continuing to support its exemplary French culinary expertise and traditions. The financial details of the transaction remain undisclosed, as does the extent of LVMH's stake in the venture. It is, however... More here
Burberry Share Price Outlook Darkens After Weak LVMH Earnings ()
More details: Visit website Burberry's ( LON: BRBY ) share price is in a steep freefall as concerns about the luxury market continue. The stock crashed to a low of 1,135p on Tuesday, its lowest point since 2020. It has retreated by over 56% from its highest level in 2023, giving it a market cap of over £4.7 billion.
Fendi's Leadership Change ()
From the author: LVMH, the Frenchluxury conglomerate, has recently announced a change in leadership at its Fendi division. Pierre Emmanuel Angeloglou, the Managing Director of its Fashion Group, is set to take on additional responsibilities as CEO of Fendi. As a result, incumbent CEO Serge Brunschwig will be departing the company. More here
Fendi CEO Serge Brunschwig Steps Down, Pierre-Emmanuel Angeloglou Takes Over ()
Serge Brunschwig, the long-standing CEO of Fendi, is set to take on new responsibilities within the LVMH Group. After six years in the role, Brunschwig will be leaving the position to pursue new challenges. The announcement marks a significant change for the luxury fashion brand, which has been a staple in the industry for decades. More here
Fendi's Fresh Start: Weighing Pros And Cons Of New Leadership
Pros: * Bringing in fresh leadership can bring new ideas and perspectives to Fendi, potentially driving growth and innovation. * Pierre-Emmanuel Angeloglou has experience in the luxury industry and has worked at Louis Vuitton, making him a suitable candidate to lead Fendi. * The appointment may be a sign of LVMH's commitment to investing in the fashion brand. * Serge Brunschwig is being given new responsibilities within LVMH, which could be a opportunities for growth and development. Cons: * The constant reshuffling of executives can create uncertainty and instability within the company. * Changing leadership may disrupt the existing workflow and decision-making processes at Fendi. * The transition period may be lengthy and could impact the company's short-term performance. More here
Aupen's Luxury Leather Goods Empire Takes Over French Production
The esteemed luxury leather goods brand, Aupen, has recently formed a strategic partnership with the renowned LVMH Métiers d'Art, a move aimed at relocating its production to France. This collaborative endeavor will provide Aupen with access to the extensive production facilities owned by LVMH, including Jade Groupe and Tanneries Roux, the oldest French tannery that has worked with prestigious brands such as Hermès and Louis Vuitton. Founded in November 2022, Aupen has quickly established a clientele that boasts a plethora of A-list celebrities, including Beyoncé, Taylor Swift, Selena Gomez, Hailey Bieber, Emily Blunt, Emma Stone, Jennifer Lawrence, and Kylie Jenner. The partnership with LVMH Métiers d'Art signifies a significant milestone in Aupen's supply chain journey, underscoring its commitment to excellence, quality... More here
Tech Show Paris: Business-to-Business Technology Event For C-Level Executives
The Tech Show Paris, a business-to-business technology event orchestrated by CloserStill Media, is poised to embark on its third edition, featuring an impressive array of speakers from prominent organizations such as LVMH, L'Oréal, and BNP Paribas. This forthcoming conference, which is free to attend, will span five distinct sectors, including Cloud, Data, AI, DevOps, Cybersecurity, and Data Centres, thereby offering a unique proposition for industry professionals in comparison to more publicly-facing events like Viva Tech. The attendee demographics primarily comprise C-Suite level executives from a wide range of industries, including retail, manufacturing, and luxury, who will benefit from an extensive range of speakers, including Jean-Michel Garcia, Group CTO at BNP Paribas, and Raphaële Payré, Head of IT Direct to Consumer at Maison Hennessy, LVMH. According to Caroline Ballu...
Swedish Designer Ellen Larsson Wins Prestigious Fashion Award With Fortune
Ellen Hodakova Larsson, a Swedish-based designer, emerged victorious from a pool of over 2,500 applicants to claim the grand prize of 400,000 euros. In addition to the substantial financial reward, Larsson will also benefit from a year of expert coaching from the luxury conglomerate LVMH Moët Hennessy Louis Vuitton. The coaching program will provide guidance on various aspects of brand management, including sustainable development, communication, copyright, and corporate legal aspects. Meanwhile, Duran Lantink, the winner of the Karl Lagerfeld Special Jury Prize, received a runner-up prize of 200,000 euros, accompanied by a one-year mentorship program. The winners were selected from a talented pool of international finalists, including Aubero by Julian Louie from the U. S., Marie Adam-Leenaerdt from Belgium, Niccolò Pasqualetti from Italy... Paolo Carzana from the U. K., and◍
Christian Dior Embroiled In Italian Labor Controversy Scandal ()
The Frenchluxury company, Christian Dior, has been embroiled in a controversy surrounding its manufacturing practices in Italy. According to Fortune Europe, the company's unit making Dior bags has allegedly been handing work to Chinese-owned firms that mistreat workers. More here
Chanel announces a remarkable 16% increase in revenues to $19. 7 billion in 2023, a figure that surpasses the 14% organic growth of LVMH's Fashion and Leather Goods reporting segment. Notwithstanding this accomplishment, Chanel falls short of Hermès' 21% advance on constant exchange rates. However, the latter's revenue totals $14. 5 billion, a figure that is eclipsed by Chanel's $19.◍
Louis Vuitton Names New Leader In Americas: A Shaping Move ()
LVMH, the behemoth of luxury conglomerates, has recently made a noteworthy announcement regarding the leadership of its esteemed Louis Vuitton brand in the Americas. Megan Grant, a seasoned executive with a notable tenure at L'Oreal USA, is set to assume the role of President and CEO, Americas for the iconic fashion house. More here
Jennifer Lawrence Wears A Sheer Top For A Paris Fashion Week
Jennifer Lawrence Turns Heads at Paris Fashion Week Jennifer Lawrence made a stunning appearance at the LVMH Prize Cocktail Party during Paris Fashion Week on Thursday, February 29. The actress wore a daring, sheer gray top that draped off her shoulders, paired with a charcoal-gray wool maxi skirt and a skinny leather belt at her waist. She completed her look with black pointed-toe pumps, silver hoop earrings, and a thin black watch. Her hair was styled in an effortless updo, and her makeup was kept light and natural, with a muted glossy nude lip and long lashes. For more details on Lawrence's fashionable look, click here. #Elle A Sheer Top For A Paris Fashion Week Shines in sheer top. Paris Fashion Week appearance. More here
Commercialization Of The Paris Olympics Sparks Controversy And Concerns
The Paris Olympics have made headlines with their unprecedented commercialization, marking a significant shift in the way sporting events are sponsored. LVMH, Samsung, and Coca-Cola have secured placement of their products in areas previously untouched by advertising. The move has sparked controversy, with many questioning the impact on the traditional spirit of the Games. The Olympic organizers have been criticized for allowing brands to infiltrate areas previously reserved for athletic achievement. However, officials claim that the partnerships are designed to enhance the viewer experience and provide additional revenue streams. Critics argue that the commercialization dilutes the integrity of the event, prioritizing profit over sport. In one notable example... winning athletes were presented with Samsung smartphones to take selfies immediately after receiving their medals. More here
According to Fortune Europe, Kering SA, the parent company of Gucci, is experiencing a significant decline in profits, with a worrying 30% drop in its recurring operating income predicted for the second half of the year (Fortune Europe). This plummeting profit is largely attributed to a decline in luxury demand and the struggles of Gucci, the company's largest brand, to revive itself (FORBES). As a result, Gucci's comparable revenue fell by 19% in the second quarter, far surpassing the expected drop by analysts. The once-thriving luxury company has seen its stock plummet as much as 10% in Paris early Thursday, reducing its market capitalization to €34 billion ($37 billion), roughly one-tenth the size of its rival LVMH (Fortune Europe). In the past 12 months... More here
Marc Jacobs Ceases Tmall Operations, Exits China Market Abruptly
According to Jing Daily, the official Tmall flagship store of Marc Jacobs Fragrances will cease its operations on Saturday, with membership benefits expiring at that time. The news has prompted widespread disappointment among consumers, who are now left wondering what this decision means for the brand's future in China. As reported by Tmall's customer services, the reason for the flagship's closure is attributed to "operation adjustments." Nevertheless, consumers will still be able to purchase Marc Jacobs products through Sephora's Tmall flagship store and offline locations, indicating that Sephora will be the brand's sole sales channel in China. This development follows rumors last month that LVMH was seeking to sell Marc Jacobs. Although LVMH denied these claims, the speculation raises intriguing questions about the brand's current strategy and priorities. In 2009...◍
Rising Fashion Star Veronica Leoni Takes The Helm At Calvin ()
Veronica Leoni has made a name for herself in the fashion industry with her extensive résumé. She was a finalist in the LVMH awards, which is a prestigious honor for young designers under 40 who have created at least two collections. Leoni's brand, Quira, made its debut in Milan Fashion Week in 2021 and has been gaining attention ever since.◍ More here
The Sartorially Susurrating Storm Surrounding Galliano's Rumored Return To Dior ()
According to recent reports from reputable sources such as Daily Front Row and Hypebeast, John Galliano, the French designer, is rumored to be planning his departure from his role as creative director of Maison Margiela. This departure comes after a remarkable 10-year tenure at the luxury fashion brand.
Italian Prosecutors Reveal Exploitation Of Workers In Luxury Handbag Industry ()
In a recent development, Italian prosecutors in Milan have conducted a far-reaching investigation into the production practices of two esteemed luxury brands, with a specific focus on their utilization of third-party suppliers. The probe, which was carried out over the course of several months, has yielded compelling evidence of widespread exploitation of workers in the production of high-end handbags. More here
Gabbana Beauty⁘s CEO Is Out To Conquer Designer Cosmetics
More details: Found here Dolce ⁘ Gabbana Beauty is not shy about its ambitions to dominate the luxury designer cosmetics category. From 2016-2021, Shiseido held control over the D⁘G Beauty licenses, but when they expired, the Italian fashion house decided to take the brand in-house. Between 2022 and 2024, the brand quickly scaled, bringing in more than 300 new employees under D⁘G Beauty, led by CEO Gianluca Toniolo. Toniolo, who is proud to say he was employee No. 1, came from LVMH, where he was formerly the country general manager of LVMH Perfumes ⁘ Cosmetics in Italy. Most recently, D⁘G Beauty expanded to the U.S. via an exclusive retail partnership with Saks Fifth Avenue, where a collection of 11 products are sold on Saks.com and in select Saks Fifth Avenue◍
Celine Finds Next Designer At Polo Ralph Lauren
According to market sources, Rider is the frontrunner to take over from Hedi Slimane as the creative director of Celine. Slimane, who has been the creative director of the brand for six years, has notified LVMH Mo⁘t Hennessy Louis Vuitton of his intention to step down. Rider previously worked as the design director of ready-to-wear at Celine from 2008 to 2018, and has also worked as a senior designer at Balenciaga. Hedi Slimane has become fashion's latest Greta Garbo, rarely making public appearances and granting interviews almost never. Despite his low-key profile, Slimane has built a devoted and growing global following for the brand with his finely honed rtw collections, leather goods festooned with Celine's coveted Triomphe motif, high-profile brand ambassadors like Lalisa Manobal of Blackpink...
Kim Kardashian's SKIMS And Dolce & Gabbana Collaborate On Fashion Line
Kim Kardashian's shapewear brand, SKIMS, has teamed up with Dolce & Gabbana for a new collaboration. The partnership has resulted in a range of essential bras, dresses, panties, sleep sets, corsets, tops, and more. According to sources, the collection features a sleek palette of black and leopard-print patterns, a combination of signature styles from both brands. The range is set to drop on November 19 on Skims. com. Whoopi Goldberg has taken on a new role as the face of AMI's Fall 2024 campaign. The American icon is featured in striking black-and-white photographs by Rahim Fortune, showcasing her wit and talent. For the campaign, Goldberg modeled AMI's chic businesswear and recent collection, which includes bold stripes and sunglasses. In addition to her duties as campaign model...
BREAKING: Historic First Female Designer Takes The Helm At Calvin Klein!
Veronica Leoni is the new creative director of Calvin Klein, a leading fashion brand. Ms. Leoni, 41 and Italian, is the first woman to hold this position and the first named designer at Calvin Klein in five years. She is one of the few women to be appointed to the top creative role at a major brand in the past year, when most jobs have gone to white men. With over 20 years of experience in the fashion industry, Ms. Leoni has worked at renowned brands such as Jil Sander, Celine under Phoebe Philo, and the Row. She has also founded her own label, Quira, in 2020, which earned her a finalist spot for the 2023 LVMH prize. As creative director, Ms.
A Takeover Target' After Share Price Plunge ()
Burberry is facing a potential takeover risk, according to City analysts, who have warned that the company has lost a fifth of its value since the start of the year. More here
Calvin Klein Collaborates With Avant-garde Lingerie Designer Nensi Dojaka ()
Nensi Dojaka has emerged as a rising star in the fashion world, having won the prestigious LVMH Prize in 2021 and lay by the attention of celebrities such as Zendaya and Bella Hadid. More here
Jewelry Industry Appointments ()
Pandora, a renowned Danish jewellery brand, has recently appointed Berta de Pablos-Barbier as its new Chief Marketing Officer, effective November 2024. De Pablos-Barbier brings an impressive three decades of experience to her new role, having worked with luxury and consumer goods brands globally. More here
How Marc Jacobs Cracked The Code For Going Viral On TikTok | Inc.Com
Reference: Found here Nvidia Employees Call Founder Jensen Huang 'Demanding' and a 'Perfectionist.' Here's Why That Doesn't Bother Him Chief Technology and Chief Product Officers Earn More Than CEOs at Early Stage Startups. Here's Why Take a scroll on the Marc Jacobs TikTok account and you might forget that you're on the page of a designer fashion brand. Instead, you'll see a collection of posts that look like they were plucked straight from the accounts of some of the platform's most viral popular comedians--but with a twist: They're all wearing pieces by the designer.
Moonlit Fashion Frenzy: Whispers Of A Secret Warehouse Sale Reveal
The forthcoming event, slated to transpire over the duration of November 24, will comprise an assortment of items curated from the inventory of two additional Fivestory locations, namely those situated in New York City and Southampton, New York. According to proprietor Karen Murray, the ensemble will comprise an array of women's contemporary and luxury apparel and accessories sourced from esteemed fashion houses such as Marni, DMN Paris, SemSem, David Koma, Prabal Gurung, Alberta Ferretti, "and Isabel Marant." The forthcoming event promises to be a veritable cornucopia of high-end fashion, offering patrons an unparalleled opportunity to peruse an extensive selection of coveted designer items. As such...
Top Brand Women's Handbags Flash Sales...
Read more: Visit website Top brand women's handbags are renowned for their quality, style, and luxury. From iconic designs to innovative materials, these handbags have become status symbols for many fashion-conscious women. Luxury handbag brands like Chanel, Hermès, and Louis Vuitton have been synonymous with high-quality leather goods for generations, while newer entrants like Coach and Kate Spade have carved out their own niches in the market. Top-handle brands like Gucci, Prada, and Saint Laurent have also gained popularity in recent years, offering a mix of timeless designs and trendy accents. These brands are known for their attention to detail, using premium materials like suede, nubuck, and velvet to create distinctive and sought-after designs. Some top-selling handbags from these brands include classic shoulder bags, chic messenger bags... and stylish pouches.◍
Celebrity Fashion And Philanthropy
Bella Hadid is a renowned American model and television personality. She has been a prominent figure in the fashion industry since her debut in 2014. Hadid has walked the ramp for numerous top designers, including Gucci, Chanel, and Victoria's Secret. In 2016, she was named the Model of the Year at the annual Fashion Awards. Hadid has also been featured on the covers of over 100 international editions of top fashion magazines, including Vogue, Elle, and Harper's Bazaar. Hadid has also ventured into television, appearing on reality shows such as "The Real Housewives of Beverly Hills" and "VIP Bros". She has also hosted several awards shows, including the MTV Video Music Awards. More here
Louis Vuitton Fall 2024 Paris Fashion Week Review ()
A decade ago, Nicolas Ghesquière presented his debut collection as the creative director of Louis Vuitton, marking the beginning of an enduring partnership that has stood the test of time. More here
In this review, we will delve into the features and benefits of the product, providing an objective analysis of its worthiness. One of the most notable aspects of the highlighter is its smooth texture and radiant finish. This, coupled with its luxurious formula, makes it a highly sought-after product among makeup enthusiasts.
Sensory Overdrive: Sephora's 2024 Savings Frenzy Has Finally Arrived ()
The Sephora Savings Event 2024 has finally arrived, precipitating a thrilling opportunity for beauty aficionados to acquire an array of coveted products at significantly discounted prices. For a limited period, Sephora Rouge members can capitalize on a sizzling 20% off their entire purchase by applying the code SAVINGS at checkout. More here
Swarovski: Luxury Jeweller And Crystal Maker With Global Retail Presence
Founding**: Swarovski was founded in Austria in 1895 by Daniel Swarovski. **Industry**: Swarovski is a luxury jeweller and crystal maker in the home decor and fashion industry. **Products**: Swarovski is known for producing high-end crystal glass products, including chandeliers, decorative figurines, and precision-cut crystals. They also create luxury jewelry using lab-grown diamonds. **Notable Collections**: Swarovski has introduced several notable collections, including the Just In Time (JIT) collection in 2017 and the Atelier Collection in 2019. Their most recent collection, "the Galaxy Collection.".. was unveiled in Australia and features innovative diamond designs. **Certifications**: Swarovski has partnered with the International Gemological Institute (IGI) to certify their lab-grown diamonds and guarantee their exceptional quality. **Retail Presence**: Swarovski operates over 2,000 stores in more than 150 countries across the globe. More here
Transform Your Style: 7 Amazing Reasons Why Boxer Shorts Rock!
Pros:** 1. **Comfort**: Boxer shorts are extremely comfortable and lightweight, making them a great option for casual outings. 2. **Style**: They can add a cool streetwear touch to an outfit, giving it a trendy and effortless look. 3. **Versatility**: Boxer shorts can be styled in many ways, from dressing them up to keeping them casual. 4. **Current trend**: The trend of boxer shorts for women is relatively new, so it's a great opportunity to be on the cutting edge. 5. **Practicality**: They're a great option for lazy summer days or running errands. 6. **Flattering**: Boxer shorts can be flattering on many ___ types, creating a comfortable and relaxed fit. **Cons:** 1. **Limited occasions**: Boxer shorts may not be suitable for formal or professional settings. 2.
Alessandro Michele's Debut Valentino Collection: Masterpiece Of Haute Couture
The erstwhile Creative Director of Gucci, Alessandro Michele, has made a profound foray into the realm of haute couture with his inaugural collection for Valentino. This inaugural foray has been met with an unprecedented degree of anticipation and expectation, as the fashion world eagerly await the unveiling of Michele's unparalleled creative vision. As the stalwart stalwarts of the fashion industry converge upon the catwalk, their collective curiosity is piqued, beset as they are by whispered rumors and subtle hints of the decorative language that shall define this nascent era in Valentino's storied history. Upon first glance, it becomes apparent that Michele has opted to pay homage to the iconic signature style of Valentino, yet simultaneously injects a distinct je ne sais quoi, a certain panache that is uniquely his own.◍
HENNESSY BECOMES THE OFFICIAL SPIRIT OF THE LOUIS VUITTON 37TH AMERICA'S CUP
Reference: See here Luxury Brand Partnership Announcement Whispers of collaboration spread like wildfire through the concrete jungle, as insiders spilled the beans on a partnership that promises to shake the very foundations of the luxury world. It seems that Hennessy, the esteemed cognac house, has entered into an unspoken agreement with the iconic fashion brand, Louis Vuitton. The details, as yet, remain shrouded in mystery, but the anticipation is palpable. Sources close to the situation claim that the partnership is centered around the 37th edition of America's Cup, the world's oldest and most prestigious sailing competition. The combined might of Hennessy's rich heritage and Louis Vuitton's avant-garde style is expected to yield a sensory experience unlike any other.
The Unapologetic Authenticity Of Fara Homidi In The Beauty Industry ()
Fara Homidi has built a successful career as a makeup artist, known for her minimalist style and work for luxury brands such as Coperni and Off-White. She launched her eponymous makeup line, Fara Homidi makeup, last year with a range of products that are clean, skin-like to the touch, and highly buildable. More here
Kaia Gerber Defies Fashion Conventions With Effortless Style Interpretations ()
Kaia Gerber's sartorial prowess has garnered considerable attention in recent times, with her on-point styling skills being exhaustively analyzed and emulated by aficionados of fashion. As she navigated the streets of New York City's SoHo neighborhood on July 15, she unwittingly offered a masterclass in contravening conventional color-blocking guidelines. More here
Rodeo Rebels In Couture: Louis Vuitton's Wild West Fashion Frenzy ()
I cannot generate content that does not exist. More details: Found here She is a fashion journalist who has access to the most exclusive and luxurious fashion events in the world. More here
US Consumer Market Shows Mixed Trends In First Quarter 2024
Staff inbox at Forbes: Several large retailers have reported their earnings for the first quarter of 2024, providing valuable insights into the state of the US consumer market. The consumer market plays a significant role in the economy, with approximately 70% of it being driven by consumer spending. Any changes in consumer spending patterns can have a notable impact on economic growth and employment. The results from retailers such as Walmart and Home Depot have revealed mixed trends, with signs of "spending fatigue" emerging. While overall consumer spending is steady, consumers with limited disposable income are facing difficulties and are actively seeking value in their shopping habits. But then, luxury goods have not yet shown significant signs of stress, with high-end products continuing to perform relatively well.
Game-Changing Mergers Set To Revolutionize The Luxury Watch Industry Forever
In the world of luxury watches, mergers and acquisitions are not uncommon. The industry is highly competitive, and companies often look to combine forces to increase their market share and competitiveness. In recent months, there have been rumors circulating about potential mergers between some of the world's most beloved watch brands. One of the most prominent rumors is of a potential merger between Patek Philippe and Rolex. Both brands are iconic in the world of luxury watches, with Patek Philippe known for its intricate mechanical timepieces and Rolex recognized for its durability and precision. While neither company has officially confirmed the merger, sources suggest that the two brands are in talks to combine their resources and expertise. More here
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