Hermes sales were up 8.9 percent in the second quarter, down from 13.5 percent in the previous three months. Revenues in the three months to June 30 totaled 1.36 billion euros, representing a rise of 8.3 percent at constant exchange rates.
That compares with a 15 percent rise in revenues at LVMH Moët Hennessy Louis Vuitton, and a 25.4 percent increase at Kering, which saw net profit surge 77.6 percent thanks to another outstanding performance from its cash-cow brand Gucci.
In the medium-term, despite growing economic, geopolitical and monetary uncertainties around the world, the group confirms an ambitious goal for revenue growth at constant exchange rates. Everybody can dream. Continue reading
For their second runway collection, the two designers Laura Kim and Fernando Garcia wanted to pay tribute to Oscar de La Renta, the house founder.
Fashion Weeks are a real opportunity for new designers to make them known. Unfortunately, often we attend to presentation which will never be produced and are better suited for a conceptualized student show than one from a brand trying to sell product. It is a real debate which has been on for quite some time over the traditional fashion week runway format.
Richard René will be the next Creative Director for Guy Laroche, a veteran of brands including Hermès and Jean Paul Gaultier, has taken the helm of the label Guy Laroche and is slated to show his first collection on Sept. 27 during Paris Fashion Week. He succeeds American designer Adam Andrascik, who had held the post since 2015.
Desigual has hired French artist, filmmaker, jean-Paul Goude as a creative director for the Spring Summer 2018 season.
Plenty of major names have skipped out of New York Fashion Week; Tommy Hilfiger is off to London for his show and the season has been shortened by one day. Nonetheless, despite, a five-brand departure.
Amazon will be in France the new digital retailers. That is why Galeries Lafayette announced on Thursday its control over the French clothing and home furnishing catalogue, La Redoute.
Unlike its main competitors, LVMH and Kering, which last year both posted record growth, in 2016 Chanel suffered a fall in sales and profits. After years of steady growth, Chanel indeed continues to slow down. As in 2015, last year the French fashion label, led since 1983 by Creative Director Karl Lagerfeld, saw its net income plummet by 34.8%, down to $874 million (€736 million), while its revenue lost 9%, reaching $5.67 billion (€4.77 billion).
In Austria, Brigitte Macron showed once again that she is unafraid to experiment with fashion. Walking through Salzburg with Eveline Steinberger-Kern, wife of the Austrian president, Macron debuted a new red dress by Louis Vuitton, her go-to design house.
Vans and Karl Lagerfeld have just signed a cooperation to design a footwear and apparel capsule set to be launched worldwide on September 7.
The luxury goods giant and a leisure industry partner want the historic Jardin d’Acclimatation to join the ranks of France’s top three amusement parks.Louis Vuitton and ski resort operator hope to propel a 150-year-old Parisian leisure park to the future with a 60 million-euro rejuvenation. Located in the French capital’s western greenbelt, the Bois de Boulogne, the park will stay open during the works, LVMH said in a statement Friday. With the help of a team of architects and landscape planners, the pair plans to build an ecological promenade, restructure the park’s digital offering with a new web site, rebuild the mini farm and the install 17 new carousels in a steam punk-inspired ambiance.LVMH plays an active role in urban renewal projects in its home city and has operated the park since 1984. 
LVMH powered ahead in the second quarter thanks to “outstanding momentum” at its cash-cow Louis Vuitton brand, but reiterated its cautious outlook for the second half as it starts to face tougher comparatives, particularly in Asia.
Several days after announcing the launch of a leather goods training course in partnership with Polimoda, the luxury giant has returned to Tuscany, a region known for its expertise in leather, to unveil a new atelier dedicated to its brand Céline, which will see the light of day in 2019.
After having played a major role in the men’s fragrance planet, Ralph Lauren has chosen the american actress Jessica Chastain to represent the new Ralph Lauren’s fragrance of eau de parfum “Woman”.Woman is the first women’s franchise the brand has launched in nearly a decade. 
Last week, Louis Vuitton joined the online market likes of Burberry, Gucci and Michael Kors still dominated by local China giants such as Tmall and JD.com.
Famous designers are treated like European Premier League football managers: No matter how talented you are. Fashion Industry observers and those who work with designers say it is a sign of these digitally driven times, where the pressure is on to deliver multiple capsule collections and substantial sales growth season after season, to maintain the buzz around a brand and to keep shareholders happy.