France
Longchamp President Philippe Cassegrain dies
The creator of the iconic Le Pliage bag, Longchamp's historic President, was 83 years old and did not resist to complications related to COVID-19
LVMH names Chris de Lapuente new CEO of Selective Retailing
The French-based luxury giant has named Chris de Lapuente as the new Chairman and CEO of LVMH's division of Selective Retailing, effective from January onwards
The world’s most expensive cities
Paris and Zurich re-join Hong Kong at the top of the latest ranking of the world's most expensive cities, according to the latest information by The Economist
Eurazeo Brands buys Axel Arigato for 56 million euros
The global investment company is investing 56 million euros in Axel Arigato, a Swedish premium sneaker, ready-to-wear and accessories brand, to become a majority shareholder, alongside brand's founders Max Svärdh and Albin Johansson
Imports of footwear with a dark picture in the first semester
The most recent statistics for footwear trade in 2020 show a very dark, albeit expected, picture. In the first semester of the year, footwear imports fell in almost every country
Hermès returns to growth
Sales in the third quarter (+7% at constant exchange rates and +4% at current exchange rates) are driven by strong activity in the group's stores (+12% at constant exchange rates), the momentum in Asia and a significant improvement in all other geographical areas
LVMH: fashion and leather goods division with improved revenue
The luxury group recorded revenue of 30.3 billion euros in the first nine months of 2020, down by 21%. Revenue was down by 7% in the third quarter, reflecting an improvement in trends, with a return to growth in the Fashion & Leather Goods segment
Ralph Toledano re-elected President of the Fédération de la Haute Couture et de la Mode
The General Assembly of the Chambre Syndicale de la Haute Couture extended the mandate of Ralph Toledano as President of the Chamber for 2 years
Chanel buys majority stakes in shoemaker Ballin and tannery Gaiera
Chanel continues to reinforce its network of suppliers as it acquires majority stakes in Italian luxury shoemaker Ballin and tannery Conceria Gaiera Giovanni
Former André stores to be auctioned
Shoe Intelligence is reporting that 25 former André stores to be auctioned
Hermès confirms new factory in Auvergne
With this announcement, the brand reaffirms its regional anchor in the Auvergne region. The new workshop will join the Maroquinerie de Sayat to form Hermès seventh leather goods hub. 250 jobs due to be created
Maison Margiela and Reebok in multi season partnership
The Paris-based luxury house and the sports giant, owned by adidas, have entered into a partnership, which will focus on expanding the limits of footwear, inspired by our collaboration dedicated to experimental and progressive craftsmanship
Nicolas Kirkwood to become independent from LVMH
The British-based footwear designer and the French luxury conglomerate LVMH will go separate paths going forward. LVMH acquired the Nicolas Kirkwood label in 2013
LVMH not to go ahead with Tiffany deal
The French luxury goods giant LVMH has said it is not proceeding with the deal to acquire the US-based jeweller Tiffany & Co. Tariffs fight between the US and France might have contributed to the decision
Première Vision turns digital
The upcoming edition of Première Vision Paris will now be held in a digital format on the previously scheduled dates, from the 15th to the 16th of September-
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