By Reuters Published Jul 22, 2024 L Catterton, the private equity firm backed by luxury goods giant LVMH, has approached Mattel, the toy maker behind Barbie and Hot Wheels, with …
By Reuters Published Jul 20, 2024 Burberry’s new boss Joshua Schulman faces an immediate strategy dilemma. On Monday, the former head of Coach was appointed to replace Jonathan Akeroyd, becoming the fourth CEO …
John Galliano has decided to exit Maison Margiela in autumn, bringing to an end his 10-year tenure at the Paris-based house. John Galliano According to well-informed sources, Galliano has made …
British property giant Hammerson has sold its stake in one of the world’s most important luxury retail operators — Value Retail, which owns Bicester Village among other locations. And the …
By Bloomberg Published Jun 25, 2024 LVMH is buying the owner of L’Epée 1839, a Swiss manufacturer of high-end clocks, a niche timekeeping market that’s largely been bypassed by luxury …
Novo Nordisk on Tuesday said its hugely popular weight-loss drug Wegovy has been approved in China, the world’s second-largest economy and the country estimated to hold the highest number of …
Translated by Roberta HERRERA Published Jun 25, 2024 Louis Vuitton is deepening its relationship with Barcelona. After showcasing its latest Cruise collection in the city last May and sponsoring the …
By Bloomberg Published Jun 25, 2024 Bernard Arnault has taken a personal equity stake in Cartier parent company Richemont, according to people familiar with the French billionaire’s investments. See catwalkAz …
QUITE THE PART: Louis Vuitton continues to ride the Hallyu wave with the addition of another house ambassador from South Korea. Seasoned actor Gong Yoo is the latest celebrity to …
Actress Naomi Watts’ beauty brand Stripes Beauty has been acquired by LVMH-backed investment firm L Catterton, the duo announced on Monday. Naomi Watts – Courtesy Terms of the deal were not …