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Business

LVMH backs down on renegotiating Tiffany deal, sources say

LVMH backs down on renegotiating Tiffany deal, sources say

French luxury goods giant is not asking to renegotiate its $16.2-billion acquisition of U.S. jewelry chain Tiffany & Co after deliberating whether to do so, people familiar with the matter said on Friday.
Luxury
Business
Cross-border e-commerce: H&M, Zara, C&A, Zalando among European leaders in 2019

Cross-border e-commerce: H&M, Zara, C&A, Zalando among European leaders in 2019

European cross-border e-commerce continues to grow, with fashion a leading category and pure players grabbing the lion share of the business, while Amazon accounted for 80% of the sales generated by non-European sellers.
Fashion
Business

Chanel among foreign firms getting UK government-backed loans

Criticism is brewing in the UK media over big foreign firms, including Chanel, accessing state-backed UK loans. But the company said it would be repaid within a year and also that it hasn't used the furlough scheme. 
Luxury
Business

Rosario Toscano on launching Balmain eyewear in an industry in huge flux

Few luxury sectors are in a greater stage of flux than eyewear, where luxury giants like Kering and LVMH have both radically redrawn the business model. Meet Rosario Toscano – who just launched Balmain eyewear.
Fashion
People

Design

Winners announced for Cordwainers Awards 2020

Winners announced for Cordwainers Awards 2020

Clara Nordenhok, Ellie Gray and Jiwon Joung have been announced as this year's winners of the student competition, receiving prizes totalling nearly £12,000.
Fashion
Design
Netflix cancels 'Next in Fashion' after a single season

Netflix cancels 'Next in Fashion' after a single season

Hosted by British designer Tan France and it-girl Alexa Chung, Netflix’s ‘Next in Fashion’ competition series will not be returning for a second season. 
Fashion
Media

Prince Dimitri of Yugoslavia to launch memoirs in New York this September

NYC's prince of jewelry, HRH Prince Dimitri of Yugoslavia, will release Once Upon a Diamond: A Family Tradition of Royal Jewels, a book of memoirs on his family's collections and his own designs, in September. 
Luxury
Design

A world redrawn: The rich must 'share' says Agnes b

Agnes b. called in an interview for the rich to "share" and insisted we must not forget the urgency of looking out for the environment.
Fashion
Design

Appointments

Hugo Boss in negotiations with Daniel Grieder

Hugo Boss in negotiations with Daniel Grieder

The high-end German ready-to-wear giant is currently in talks with the Swiss-born executive, who recently left his post as the head of Tommy Hilfiger and PVH Europe. At Hugo Boss, he would succeed Mark Langer as CEO.
Luxury
Appointments
Desigual puts Jordi Balsells in charge of international distribution channel strategy

Desigual puts Jordi Balsells in charge of international distribution channel strategy

The Catalan label has reshuffled its international organisation, putting the current vice-president Asia, Americas and CEEMEA in charge of the omni-channel business and of international expansion.
Fashion
Appointments

LVMH propels Arnault scion to head up Tag Heuer watches

LVMH on Thursday said that Frédéric Arnault, one of the younger sons of the luxury goods group's billionaire boss, would take over running watch brand Tag Heuer.
Luxury
Appointments

Kylie Cosmetics CEO makes quick exit

Coty has announced that Kylie Cosmetics chief executive officer Christoph Honnefelder has left the brand, after only being appointed to the leadership role in January of this year. 
Beauty
Appointments

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