French luxury group Kering has refuted a report of alleged tax evasion published by Mediapart, a French investigative and opinion newspaper, citing confidential documents.
It would seem that the Kering’s brand Gucci has been investigated by the Italian tax authorities that has revealed that Kering had saved 2.5 billion euros in taxes. It should have paid in Italy and France by attributing wholesale revenues from brands including Gucci and Yves Saint Laurent to its LGI logistics center in Cadempino, Switzerland, thereby benefiting from a lower local tax rate. Kering said the Swiss company was established in the Nineties, prior to the group’s acquisition of Gucci Group, and now employs more than 600 people.
LGI is a strategic hub namely for the centralized distribution and logistics of Kering brands it said in a statement. Continue reading
Three influencers pick by Bulgari Parfums to help launch its new Omnia Pink Sapphire eau de toilette the pinkest and poppiest scent the brand has ever put out. Described as a sparkling burst of citrus.
“Bella Hadid and Amanda Steele are probably not the first people who come to mind when one thinks of Bulgari.
Created by master perfumer Alberto Morillas, the scent hits counters on Thursday and will see a widened Macy’s distribution as a way to better reach the brand’s target customer. Following in the footsteps of Marc Jacobs, Dior, Hermès, Ferragamo and Coach, the brand is the latest luxury fragrance house to prioritize the social media set, adopting a largely digital first marketing strategy to attract the new generation of beauty consumers. Continue reading
Desigual has hired French artist, filmmaker, jean-Paul Goude as a creative director for the Spring Summer 2018 season.
Jean paul Goude, best known for his fashion illustrations and his work for Esquire Magazine, joins the Spanish brand . His debut as creative director will take place during New York Fashion Week on 7 September 2017, where he will present the first collection styled and selected by him.
The show will demonstrate Goude’s creative vision for Desigual, and will mark his arrival to the brand as creative director for the Spring Summer 2018 season. “I like challenges and helping Desigual on the process of updating its image while keeping faithful to its DNA it is extremely exciting.” said Goude. Continue reading
Just a few sentences to say it is the end. Véronique Branquinho, who had successfully relaunched her feminine ready-to-wear brand five years ago, announces the ending clap.
The Belgian designer created her own couture house in 1998, parading for the first time in Paris at the age of 24. Alone at the head of her company, affected by the financial crisis, she had to stop her ready-to-wear collections (woman and man) for the first time in 2009.
In 2012, she started again with the women’s line in Spring-Summer 2013 thanks to Onward Luxury Group (ex-Gibò), which had always continued to produce its line of shoes. The European subsidiary of the Japanese group Onward, a reference in Italy for the production and distribution of very high-end collections, holds Jil Sander. Continue reading
With Paris men’s fashion week around the corner, Rochas has opened its first pop-up store dedicated to its fledgling men’s wear line under creative director Beatrice Ferrant.
Located at 420 rue Saint-Honoré, the minimalist space, with a décor mixing parquet flooring, linear black units and a black marble counter, offers a selection of picks from across the brand’s fall 2017 ready-to-wear and accessories lines. Spanning sweatshirts with craggy textures and crease-free tuxedo pant with elasticated waists. The urban-chic collection has been designed under Ferrant, who was tapped by the Inter Parfums-owned house last September to revive its men’s line after a 22-year hiatus. Continue reading
Hermès will create 220 jobs in France with the inauguration of two new production sites for leather goods in Normandy, Val-de-Reuil and New Aquitaine, in Saint-Juvien.
On June 13, the company will inaugurate a new leather goods store in Val-de-Reuil (Eure), to host workshops formerly located on a site of Hermès Parfums and which are destined to develop. Eventually, the manufacture of leather goods will make 250 craftsmen work there.
All of our leather good items are made in France, notably highlighting that “the French craft tradition from which they are derived enhances their image with an international clientele. Continue reading