When the rich cough, the stock market catches a cold. Black Monday on the Champs-Élysées of the CAC 40: luxury giants stumbled on their crocodile moccasins. A blow for caviar lovers and six-figure watch wearers: the group owned by the lord emperor of overpriced bags and inaccessible champagnes has announced a drop in sales.
Yes, you read that right: down 2%, or 20.31 billion euros, which is still… 20 billion more than we have in our account. The wines and spirits division was particularly hard hit: -9%. It would seem that even the ultra-rich have turned their backs on Dom Pérignon. After all, if you toast everything and anything, your liver says no.
Fashion and leather goods posted a slight -5%: apparently, the “bag that costs a minimum wage” collection no longer appeals as much as it used to. Perfumes were down 1%. Perhaps the rich are finally feeling the pinch? Kering, Gucci’s parent company, took a big hit with -5.2%, while Swatch Group and Richemont had a little hiccup, -1.1% and -1% respectively. It’s hard to believe that even luxury watches are struggling to come to terms with the downturn. The only one to keep a smile on its face in this depressing ball is Hermès, with a glorious +0.2%. Continue reading
							
Welcome to the luxury western. It’s in Texas that the lord has set down his suitcases, or how to mess up a leather goods show with panache. So, fasten your seatbelts (made of cowhide vaguely tanned with plastic), because the “made in USA” luxury rodeo is in full collapse. The famous luxury house, apparently the empire of French refinement, had decided to plant its golden pumps… in the heart of the state near the Rio Grande. The result? A factory that looks more like a Monty Python sketch than a high-end craft workshop.
Attention, overworked New Yorkers, dehydrated models, and globe-trotting CEOs in desperate need of spiritual realignment: your salvation has arrived. And it smells like lavender hand-picked by aromatherapy-certified elves. This summer, Guerlain is gracing us with the grand opening of its largest spa ever inside the legendary (and recently zhuzhed-up) Waldorf Astoria New York. Yes, you read that right: a 30,000-square-foot wellness cathedral dedicated to inner glow, outer glow, and deep post-brunch hydration.
We know L.V as the luxury behemoth, capable of absorbing houses like a trophy collector. But this time, while everyone was waiting for The lord to pull off another coup, it was Prada that stole the show by buying Versace for the modest sum of 1.25 billion euros. A deal conducted with the finesse of a Milanese tailor, while LV, perhaps distracted by a vineyard acquisition or yet another flagship store on the Champs-Elysées, looked elsewhere.
Breaking news in the fashion world: Alexandre Vauthier, the maestro of glamour, has slammed the door on his own couture house! Just seven months after Revolve, the Californian online shopping giant, got its hands on his brand, the designer decided he’d had enough. Clearly, art and algorithms don’t mix well.
After raking in $4 billion with Skims (no big surprise), Kim Kardashian decided to relaunch her beauty empire because, of course, world domination wouldn’t be complete without a little contouring and a signature scent.
Chanel recruits friends of friends, and Matthieu Blazy is no exception. Freshly arrived as Chanel’s artistic director on April 1 (I thought it was an April fool’s joke?), he is already starting to set up his little kingdom. And as in any good fashion monarchy, you don’t choose your allies at random.
It’s always the same story with the ‘Boring Karda’; a story as old as her own reflection in her vanity mirror. So there she is, decked out in sparkles worthy of a Mughal treasure (Mongolian suits her so well), criss-crossing Mumbai like an Instagram maharani to attend the wedding of a billionaire who pays the guests at the height of the Bimbo’s hips. Suddenly, disaster! A diamond vanishes into the crowd, and there she is in panic, what a tragedy! What a tragedy! Don’t diamonds last forever?


British tennis player Jack Draper has gone from being a friend of Burberry to an official member of its global family. In short, he’s moved from the couch to the living room.


Forget glass skin, the fad of yesteryear that made women’s faces look like freshly polished windscreens. Now it’s time for ‘butter skin’. an innovative concept that combines glamour with the essential need to look delicately buttery at any time of day.
The rotor vibrates and its shudder, like a steel wing, beckons you to travel, and already the wind is caressing the cabin with the warm breath of early spring. The ground fades away in a whisper, leaving the weight of everyday life to crumble away. The helicopter rises, a sylph of the air, a mechanical bird gliding towards the immense blue, towards the eternity of an endless sky as far as the forest of Brocéliande.
The ‘Tonneau’ bag is a leather goods classic, and an iconic piece that captivates with its elongated, cylindrical shape. Its design is both chic and practical, making it a coveted accessory for fashion lovers and leading luxury brands.
Luxury in China: When Brands Step Down from Their Pedestal (But with Style). Once upon a time, luxury in China was a playground for capricious billionaires and eager nouveau riche, ready to raid a Chanel boutique like others fill their shopping carts at Lidl on discount day. But that was before. Today, in times of austerity and economic restrictions, major fashion houses have had to readjust their strategy. Gone are the diamond feasts and private fashion shows that looked like G7 summits now it’s all about democratizing glamour!
Earthquake at Loewe: Proenza Schouler arrives, Anderson evaporates and Dior trembles. Jack McCollough and Lazaro Hernandez, the turbulent brains behind Proenza Schouler, are taking over the reins at Loewe. Yes, you read that right. The New York duo, accustomed to graphic cuts and asymmetric jackets that raise bankers’ eyebrows, are set to inject a dose of Brooklyn into the century-old Spanish fashion house.
Get ready, because this season, your glasses will no longer be mere accessories, but true fashion shields! Forget the discretion of tiny frames and barely visible lenses. In 2025, elegance is measured in square centimeters!
A fashion prodigy who must have woken up one day and said to himself: ‘What if I made fashion into a vast playground where nothing makes sense any more, but everyone applauds?’
Never has the LVMH Prize shone a light on undeniable talents designers capable of bringing a singular vision to the fashion industry. Today, it seems that this award has become nothing more than a marketing springboard for self-proclaimed creators, where craftsmanship takes a backseat and concept prevails over couture. The selection of the Berlin-based duo Ottolinger is a case in point a brand determined to prove that banality can be labeled as “avant-garde,” as long as it is wrapped in a pretentious rhetoric not of Ariadne’s thread, but of Buzz.
After transforming Balenciaga into a temple of chic streetwear (or chic in jogging pants, depending on the style), Demna is packing her bags to take over as artistic director of Gucci. Her mission? To revive the Italian fashion house with ever bolder ideas. In other words, to make new things out of old, but at a higher price.
Miu Miu, a little-awaited moment to imagine the version of the woman in disguise for the long-gone ‘Uta de Ballenstedt’. However, will Miuccia serve us? The front row was filled with a cheerful kermesse, from a cowgirl in a swimming costume to an army of schoolgirls in pleated skirts ready for their first Manga playground.