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…
Category: Fashion
AI-powered authenticators struggle to detect counterfeit luxury goods
Artificial intelligence still cannot compete with humans when it comes to scams, rip-off products and copycat items. Fake people can’t stop the biggest fakers of all:…
CHANEL to sponsor the iconic ‘The Boat Race’
CHANEL has signed a long-term partnership deal with the annual boat race between Oxford and Cambridge universities to become The Boat Race’s title sponsor and…
GUCCI appoints new CEO
GUCCI has appointed Stefano Cantino as new CEO, succeeding Jean-François Palus. Cantino climbed the ranks at Prada over the course of two decades, working closely with executive chairman…
LVMH partners with Moncler
LVMH and Moncler chairman and CEO Remo Ruffini announced a partnership that will reinforce Ruffini’s position as the largest shareholder of Moncler, according to a press release LVMH…
Zegna Group sales increase 6 % first half 2024
Italian luxury fashion group Ermenegildo Zegna NV was able to achieve an increase in sales in the first half of the 2024 financial year. However,…
Ralph Lauren considers venturing into luxury hotels
In a recent interview, Ralph Lauren said (about starting a luxury hotel): “It’s another business, it’s another world. Picking locations and what you want to…
Luxury brands prices increase alienates aspirational consumers
In the past years major luxury brands have been increasing prices focusing on the highest end of the market spectrum and targeting the most affluent…
Farfetch to lay off a third of staff in 2024
Amid an ongoing upheaval of its management team, luxury e-tailer Farfetch is now also reportedly set to lay off between 25 and 30 percent of…
Visitors cut spending on luxury goods due to Britain’s tourist tax
A new report from the British luxury council which represents around 600 businesses in London, has found that spending in the capital by tourists this…
Jane Birkin: The woman with a bag named after her dies at 76
Getting into the fashion industry can be easy. Maintaining a name into the business too. But leaving this world behing being an icon of the…
Donna Karan, a timeless American designer
Donna Karan, born Donna Ivy Faske on October 2, 1948, is an American fashion designer and the creator of the Donna Karan New York and…
Tod’s Group welcome new generation of managers
Our children will join the company says Diego Della Valle, CEO of Tod’s Group. Arnault works a lot, in Italy I do not see the creation of…
Understanding the dynamics of Hip-Hop with the luxury industry
Supreme and Louis Vuitton took everyone by surprise last Paris fashion week, a surprising partnership when you consider that their last meeting dates back to…
Fontainebleau Las Vegas Reveals Luxury Retail Shopping Concept
Fontainebleau Development, which owns the historic Fontainebleau Miami Beach, first proposed a Fontainebleau on the Las Vegas Strip in 2005. A recession, a pandemic, and…