Frank Boehly was re-elected as President of the Conseil National du Cuir (CNC) and SIC S.A. (the commercial branch of the French Leather Industry) on the 24th of June 2021 during the General Assembly of both bodies. He is now starting a third term at the head of the French leather industry
Confidence of both consumers and retailers improved in the last few months in France, contradicting the general expectation of the negative impact of the new lockdowns. Footwear retail, which had a deep fall back in April, improved significantly in May. And good news extend to the online, as lockdowns have favoured the internet sales share against the physical store trade for many categories, with apparel and footwear standing out
The luxury giant, which since 2000 owns 67% of the historic fashion house founded in Florence in 1947, will now take full control of Emilio Pucci as it acquired the remainder shares
Social network Pinterest announced the expansion of their shopping attributes to Australia, Canada, France and Germany. The shopping features were available first in the US and UK
With the world fast approaching 180 million cases of infected people and with vaccination now in place in several countries, we bring a summary of our latest Flash Reports focused on some key markets
Data released by Abicalçados, the Brazilian Footwear Industries Association, show that footwear exports in the country in April totaled 8.5 million pairs. This represents a 76% increase compared to April 2020
The France-based luxury group has announced a new position of Director of Strategy and nominated Mélanie Flouquet for the position. Ginevra Elkann is leaving the Board of Directors
In the first quarter of 2021, the group's consolidated revenue amounted to 2.08 billion euros (44% at constant exchange rates and 38% at current exchange rates), thanks to an outstanding performance in Asia and Japan and the upturn in America
LVMH is strengthening the management of its Fashion Group division, which gathers brands such as Celine, Givenchy, Loewe, Emilio Pucci, Kenzo, Marc Jacobs and Patou. Executive Director Sidney Toledano will now have the support of Guillaume Motte
The French multinational corporation and conglomerate specializing in luxury goods has announced the launch of Nona Source, the first online resale platform for “re-sourcing” materials from the Group’s Fashion & Leather Goods Maisons
The Artistic Director of the French luxury fashion house Kenzo will step down from the role on the 30th of June 2021, after two years at the service of the LVMH's brand
The designer died on the 24th of April in Paris, at the age of 59. He was most notoriously known for its collaboration with the French brand Lanvin, where he was creative director between 2001 and 2015
After a period of some return to normality, as reported in our previous Retail Flash for France, footwear retail in France plunged in November, to recover over the Christmas period. The up and down continued when we entered 2021. And the concern is raised: if 2020 was not good, and if other waves of the pandemic emerge, how will the footwear retail resist in 2021?
The second-hand fashion platform announced the completion of a new 178 million euros financing round, backed by global French luxury group Kering and US investment firm Tiger Global Management