LVMH is seeing “fairly robust” signs of recovery in some of its activities in June after widespread shutdowns of its stores and factories in the first half of the year, chairman and chief executive officer Bernard Arnault said on Tuesday.
Speaking at the company’s annual general meeting, which was held online due to ongoing sanitary restrictions in France designed to limit the spread of COVID-19, Arnault said it was impossible to forecast the impact of the pandemic on the group’s annual sales and results since some regions were still in lockdown.
“We do not yet fully know the timetable for the return to normal in the different areas where the group is established and we do not know in particular when the virus will disappear, hopefully completely,” The lord said. Continue reading
Bet Awards give an awards to Assa Traoré who has nothing to do with the Fashion world! It does not make sens.
Born in Lagos, Nigeria, and raised in Austria from age 4, the designer had previously shown at Arise Fashion Week in Lagos, and came on to the international radar as a finalist for the 2019 LVMH Prize for Young Fashion Designers.
Paris Fashion Week will take place this fall with physical shows, augmented by a digital platform, French fashion’s governing body said on Wednesday. As usual, a weather vane would have been more accurate
The art of shame or the shame of art! this is the ultimate for an Egyptian to have a “papy Russe”, and when this one is called Bergé it is linked to a traffic of antiques worth several tens of millions of euros that has been dismantled. It will shake up the fashion world, with five arrests, for hundreds of antiques sold in particular by the Pierre Bergé company, arts industry cultural looted in the Middle East in countries such as Egypt, Libya, Yemen and Syria. 
Riccardo Tisci is answering a cry from the great outdoors with plans to stage a Burberry presentation under British skies in September. Everyone’s invited to the spring 2021 outdoor shoW.
Olivier Rousteing and his team designed Balmain’s resort collection during the coronavirus pandemic, swapping images on WhatsApp and drafting in suppliers worldwide to get it made !!! Interesting !
Emma Watson has joined Kering’s board, becoming the chair of its sustainability committee. The British actress is joining the board alongside Tidjane Thiam, who will chair the audit committee, and Jean Liu.
Luxury brand Givenchy has announced the appointment of an American designer and founder of luxury streetwear label. Starting from June 16th, Williams will take on all creative responsibilities for women’s and men’s collections, whilst also independently designing for the Alyx brand.
Facebook and Instagram are opening up their temporary ban on nonmedical masks on their platforms to allow people to advertise them and post in IG shopping listings and marketplace.
The former design director of Calvin Klein under Raf Simons, Matthieu Blazy, has joined Bottega Veneta.
A recently released study reveals that, between 2003 and 2013, the United States Fish and Wildlife Service seized thousands of products made by Gucci, Michael Kors and others. As the fashion industry scrambles to reinvent itself during the Covid-19 pandemic, it must not forget animals.
Stores across the borough including Chanel in Soho and Coach in Midtown were targeted by unruly protesters in the fourth night of demonstrations over the death of Floyd. The police kept an eye on the Chanel Boutique, Probably Afro-Americans with no taste.
It is understood board members of the luxury giant are concerned about the impact of not only the coronavirus pandemic, which has claimed more than 100,000 lives in America and wreaked widespread economic damage, but also the growing social unrest over the death of George Floyd at the hands of Minneapolis police.
The artist Christo, known for wrapping buildings including Berlin’s Reichstag, and also swathing areas of coast and entire islands in fabric, has died aged 84.
Alderys develops innovative approaches to the micro-organic biological engineering of profitable chemical compounds from renewable plant resources.
Richemont’s and the Rupert View again, “We are lucky in that we prepared for an economic downturn,” said Johann Rupert, Richemont’s chairman and founder. “COVID-19 merely sped up what was probably going to happen in any case.
A Coco in Vuitton. Return to Vuitton for Coca, who started his career as a leather goods designer at Vuitton from 1996 to 2000. Adding more design muscle to a linchpin category, Louis Vuitton has snared acclaimed leather goods designer Johnny Coca.
As with many fashion executives the world over, Joann Cheng the chairwoman of Fosun Fashion Group, had a litany of urgent challenges brought to her desk by the outbreak of the coronavirus.
Sephora on Tmall the specialty beauty retailer is launching cross-border on Tmall with cloud shelves stocked with products from new-to-China brands like Natasha Denona and Sunday Riley. The store will carry 25 international brands, including Rihanna’s Fenty Beauty, Bon Parfumeur, Farmacy and Dermalogica, and more than 600 products.