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LVMH

Gary Smith of The Lycra Company says price is a problem only when value is absent

by Lionel Rogers
Gary Smith of The Lycra Company says price is a problem only when value is absent

Translated by Nicola Mira Published May 21, 2024 In his first-ever European interview since taking over as CEO of The Lycra Company in November 2023, Gary Smith has discussed his …

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Fendi launches a collection of high-end perfumes

by David Johnson
Fendi launches a collection of high-end perfumes

After more than ten years, Fendi is returning to the fragrance market with a new and original project. For the first time, the Roman luxury house owned by LVMH is …

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Cartier, LVMH look to stores outside Paris for Olympic retail boost

by Lionel Rogers
Cartier, LVMH look to stores outside Paris for Olympic retail boost

By Reuters Published May 21, 2024 Luxury retailers in European cities outside France are jockeying for business from deep pocketed tourists this summer, betting on a surge in visitors avoiding …

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Prada CEO not eyeing big acquisitions as brand focus is priority

by Lionel Rogers
Prada CEO not eyeing big acquisitions as brand focus is priority

By Bloomberg Published May 21, 2024 Prada SpA isn’t shopping for major acquisitions right now, Chief Executive Officer Andrea Guerra said, as the Italian fashion house wants to stay focused …

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Burberry’s endless luxury turnaround is a very British problem

by Lionel Rogers
Burberry’s endless luxury turnaround is a very British problem

By Bloomberg Published May 19, 2024 Just about every chief executive who has run Burberry Group Plc has characterized the maker of the pricey trench coats with checked linings as …

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Fashion and football unite to raise €2.7 million for Natalia Vodianova’s Naked Heart

by David Johnson
Fashion and football unite to raise €2.7 million for Natalia Vodianova’s Naked Heart

No one can ever accuse Kylian Mbappé of being a tightwad. The star footballer bid €520,000 for a Hopare oil painting of soccer legend Pelé in a charity auction for …

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London IPO for Shein would help repair damage from US defections

by Lionel Rogers
London IPO for Shein would help repair damage from US defections

By Bloomberg Published May 16, 2024 A potential initial public offering from online fashion retailer Shein in London would claw back a chunk of the combined blow the market suffered …

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Dior names Rosalia and Louis Garrel as new ambassadors

by David Johnson
Dior names Rosalia and Louis Garrel as new ambassadors

Dior has named two new ambassadors for the house, Mexican singer Rosalia and France’s hippest young actor Louis Garrel, in a week where Dior is dominating the red-carpet news cycle …

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China weakness felt as Tod’s sales drop 4.7% in first quarter

by Lionel Rogers
China weakness felt as Tod’s sales drop 4.7% in first quarter

By Reuters Published May 16, 2024 Turnover at Italian luxury shoemaker Tod’s fell by 4.7% at constant exchange rates in the first quarter to 258 million euros ($280 million), with …

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Burberry results disappoint as APAC and Americas struggle, RTW underperforms

by David Johnson
Burberry results disappoint as APAC and Americas struggle, RTW underperforms

Hopes weren’t exactly high ahead of Burberry’s full-year results announcement on Wednesday and predictions of a disappointing recent performance in China came true. See catwalkBurberry – Spring-Summer2024 – Womenswear – …

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