Chanel Says Sales Will Take a Significant Hit from the Pandemic
Chanel forecasts a “significant” impact on its business this year after the coronavirus pandemic forced it to temporarily close its boutiques, manufacturing activities and distribution centers...
View ArticleLouis Vuitton Goes Seasonless and Itinerant With a Traveling Trunk Show
As the fashion world grapples with how to deal with the fallout of the coronavirus pandemic, Louis Vuitton is upending its men’s wear schedule and switching to a seasonless, itinerant model of fashion...
View ArticleLVMH Expects Strong Recovery as China Records Rebound
PARIS — LVMH Moët Hennessy Louis Vuitton saw a strong rebound in China in the second quarter and expects a gradual return to normal elsewhere in the second half, supported by the solid performance of...
View ArticleKering Sees Steep Drop in Profit for First Half as Pandemic Causes ‘Toughest’...
PARIS — Kering said net profit fell 63.4 percent in the first six months of the year after the coronavirus pandemic forced it to close stores and factories worldwide and brought tourism to a halt — and...
View ArticleLebanese Designers Pick Up the Pieces Following Massive Explosion in Beirut
Lebanese designers were left picking up the pieces on Wednesday after a massive warehouse explosion in the port of Beirut sent a shockwave across the capital, killing at least 100 people and injuring...
View ArticleCardi B’s Balenciaga Campaign Debuts on Giant Billboard at Louvre Paris
Beyoncé and Jay-Z took over the Louvre in Paris for the shoot of their “Apes–t” video in 2018. Cardi B is taking it to the next level with the unveiling on Tuesday of a giant billboard on the side of...
View ArticleKering Is Selling More of Its Stake in Puma
Kering said on Monday it was selling about 8.8 million shares that it owns in Puma, representing 5.9% of the German sporting good-maker’s share capital, through a placement to qualified investors. “The...
View ArticleChanel Buys Majority Stake in Italian Shoemaker Ballin
Chanel continues to bolster its network of suppliers with the acquisition of majority stakes in Italian luxury shoe maker Ballin and tannery Conceria Gaiera Giovanni. The French luxury house has been...
View ArticleLVMH: Rihanna’s Fenty Line Is Still Finding Its Footing
Like her other beauty ventures, Rihanna’s new skin-care line is off to a flying start. But her fashion venture with LVMH Moët Hennessy Louis Vuitton, launched with great fanfare last year, is still a...
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Legendary French Fashion Designer Thierry Mugler Has Died
French designer Manfred Thierry Mugler died on Sunday, according to his official Instagram account. “We are devastated to announce the passing of Mr Manfred Thierry Mugler on Sunday, January 23rd,...
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