Accessories
Kering donates 2 million euros to hospitals
The French-based group, owner of brands such as Gucci, Yves Saint Laurent or Balenciaga has announced their contribution to the fight of the coronavirus outbreak
Tapestry with 1% increase in net sales
The company announced second quarter results with a 1% increase in net sales. Net income presented double digit growth rate in the period. Second half guidance includes negative impact of the coronavirus outbreak
Louis Vuitton to open its largest store in Japan
The main brand of the LVMH's portfolio, Louis Vuitton, will open its largest store in Japan in Osaka in February. At the same time the brand will open its first cafe and restaurant
Louis Vuitton and NBA in partnership
The France-based luxury label has announced a partnership with the US National Basketball Association (NBA). Louis Vuitton will also become the official Trophy Travel Case Provider
Farfetch is on acquisition mode
One day after the purchase of Japanese jeweller Ambush, Farfetch is back on the news with the acquisition of Opening Ceremony, a American clothing brand founded in 2002 by Carol Lim and Humberto Leon
Tapestry joins Australian relief efforts
The New-York based luxury group has announced a 100 000 US dollars gift from the Coach Foundation to Australian Relief Efforts
Kate Spade CEO & Brand President leaves Tapestry
The New York-based group has announced that Anna Bakst, CEO and Brand President of Kate Spade, will be departing the company at the end of the calendar year
Retail sales grew by 4% in the US
Retail sales in October increased by 0.2% seasonally adjusted over September and were up by 4.2% unadjusted year-over-year, the National Retail Federation confirmed
Massimo Piombini leaves Balmain
The company's CEO has stepped down after two years in the job. A new CEO is expected to join Balmain in February next year
Louis Vuitton buys Tiffany for 16 billion US dollars
The companies have entered into a definitive agreement whereby LVMH will acquire Tiffany for 135 US dollars per share, resulting in a deal of 14.7 billion euros or 16.2 billion US dollars
Limited edition bags by Joana Vasconcelos and Labuta
A limited and exclusive edition of leather bags designed by artist Joana Vasconcelos has been announced
Institut Français de la Mode inaugurated IFM - Kering Sustainability Chair
The event was attended by François-Henri Pinault, Chairman and CEO of Kering and Xavier Romatet, Dean of IFM
Cambodia is benefiting from tariffs relief
Exports of footwear and travel goods by Cambodia increased in the first nine months of this year, thanks to tariff privileges received from the US under its GSP
Jennifer Lopez is the new face of Coach
New York-based brand announced it has chosen singer and actress Jennifer Lopez as Coach's new face
LVMH with 16% revenue growth
Moët Hennessy Louis Vuitton, one of the world’s leading luxury products group, recorded a 16% increase in revenue, reaching 38.4 billion euros in the first nine months of 2019-
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