Hermès heir to leave $11 billion to former employee
Nicolas Puech, the 82-year-old heir to the Hermès fortune is estranged from most of the family, and is unmarried and without children. Puech’s decision stems from a…
Category: GOSSIPS
Christian Lacroix acquired by Sociedad Textil Lonia
Spanish company Sociedad Textil Lonia (STL) has reached an agreement to acquire 100 per cent of Christian Lacroix, the French fashion house synonymous with 1980s…
Unlike the Chinese customers, luxury can survive without the Russians
Large luxury companies remain in Russia, on the other hand, one by one, the luxury groups decide to lower the curtain during the war in…
Thailand based conglomerate eyeing on UK department stores Selfridges
London November 2021 Central Group, a Thai conglomerate that owns the Italian department store chain La Rinascente and the German department store chain KaDeWe, is…
And Lanvin Group was born
The Chinese fashion company Fosun Fashion Group has a new name, Lanvin Group, and new investors, bringing its worth to more than $1 billion. The…
US Luxury Retailer Nordstrom launching massive recruiting campaign
While retailers of all types have put out help wanted signs in response to the nation’s labor shortage, Nordstrom needs to be adequately staffed to…
The close connection between contemporary art and luxury
Contemporary art and luxury have always evolved in a common universe. Yet today, major luxury brands seek to strengthen the link between contemporary art and…
Chanel multiplie les achats de terres dans le sud de la France
Craignant la disparition des cultures de fleurs utilisées dans ses parfums les plus vendus, la société de mode et de beauté Chanel a acheté plus…
Most popular luxury brands in 2021
Gucci number 1, rise of Dior and Louis Vuitton, take off of queries on summer fashion… Here are the results of The Lyst Index report…
Ermenegildo Zegna headed to Wall Street
The Italian luxury brand will be listed in New York by the end of the year. With an approximate 62% stake, the Zegna family will…
Ferrari & Armani: A luxury group in the making ?
John Elkann, heir to the Agnelli industrial dynasty, investigated the possibility of a tie-up with fashion designer Giorgio Armani as part of a plan to…
