A deal to buy U.S. fashion brand Tom Ford from the American designer is said to be in advanced stages between Kering, the French luxury giant that owns Gucci. Estée Lauder, who is also rumored to be in the running to secure Tom Ford, is in a close race with Kering for Tom Ford.
A deal could be reached as soon as next week, according to sources. As of now, François-Henri Pinault’s luxury giant has yet to confirm any deal.
It will be the largest acquisition ever made 3 billion of dollard, it is possible that the price has fallen, given today’s precarious market environment and current geopolitical crisis, which has led to almost unprecedented inflationary pressures and dramatically increased procurement costs around the world.
However, Kering has been able to ride a sort of post-pandemic surge in sales, particularly across its Gucci, Saint Laurent and Balenciaga brands, as wealthy customers wanted revenge and a return to normality; those who have shown themselves to be more resilient, despite the exponential rise in inflation, and continue to purchase expensive clothes, bags, and watches.
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Hedi Slimane may have been a little late unveiling Celine’s spring 2023 collection, but he will be way early with the collection he’s designing for fall 2024.
For emerging designers and established brands alike, navigating China’s copyright protection system might seem like a daunting task. In China, your rights are protected as long as your trademark is registered. But in the U.S., Last month the French luxury label Louboutin successfully defended its red-sole stilettos from copycats without a trademark registration.

“After a thorough review, the company has taken the decision to terminate the partnership with Ye immediately, end production of Yeezy branded products and stop all payments to Ye and his companies. Adidas will stop the Adidas Yeezy business with immediate effect,” it added.
Dior’s spring pre-collection will be presented by Robert Pattinson. It was photographed by Rafael Pavarotti, with art direction by Ronnie Cooke Newhouse and styling by Melanie Ward and Ellie Grace Cumming.
Kering said sales increased by 14% in its third quarter, driven by strong results in Europe, although Gucci revenues lagged behind overall growth.
The pitch-black handbag, with leather straps, nail heads, and medieval-inspired hardware, is not a wussie bag, Peter Marino deadpanned about Louis Vuitton’s Artycapucines collection.
Within less than a month of announcing plans to restore tax-free shopping for international visitors, the British government has backed down. The return of tax-free shopping had been hailed by industry groups and luxury retailers as a way to boost tourism post-COVID-19 and help British luxury brands and retailers compete with their European counterparts.

The bar turned into a runway. Students, artists, designers, musicians, DJs, and fashion types all pressed together in the chaotic spirit of euphoria that Raf Simons wanted to whip up around the showing of his spring collection.



There is a lot of buzz around Kering and its potential entry into the beauty industry. Does the French luxury conglomerate plan to bring back some of its activities? Is there a possibility of other beauty acquisitions?
Kanye West has not stopped talking about him since his arrival in Paris. The rapper first caused a sensation by opening the Balenciaga fashion show on Sunday, October 2. The next day, he organized his own fashion show for his brand Yeezy. Many stars have also made the trip including Anna Wintour, the god master of fashion. However, his show has caused controversy on social networks after images of him wearing a long-sleeved black top with the following message: “White Lives Matter” have made the rounds of the Web. A reference to the slogan “Black Lives Matter” which became viral on social networks and in the demonstrations after the death of the American George Floyd. The Internet users have expressed their anger towards Kanye West, including the famous model Gigi Hadid.

At the beginning of the show a thirteen year old aficionado tries to pass the security cordon, he gets a slap from a security guard and the MAN said: “I’ll educate you little fag”. Scary, No?
On Sunday afternoon, a downpour right around call time for Givenchy allowed attendees to learn about the absorbent quality of cork, the material covering their seating cubes.