France

Rimowa with new CEO

Jan 8, 2021 / France

LVMH Moët Hennessy Louis Vuitton has named Hugues Bonnet-Masimbert the new Chairman and Chief Executive Officer of Rimowa

Brands Companies France Luxury Management People

LVMH completes the acquisition of Tiffany & Co.

Jan 7, 2021 / France

The luxury group announced that it has completed the acquisition of Tiffany & Co., the global luxury jeweller. The acquisition of this iconic US jeweller will transform LVMH’s Watches & Jewellery division and complement LVMH’s 75 distinguished Maisons

Accessories Brands Companies France Leather goods Luxury

Chloé appoints Gabriela Hearst Artistic Director

Dec 9, 2020 / France

The Richemont-owned French luxury fashion house announced the appointment of Gabriela Hearst to the position of Artistic Director after making official the departure of Natacha Ramsay-Levi last week

Accessories Brands Companies Fashion Footwear France Leather goods Luxury Management People

France Retail: So far, back in business, but for how long?

Premium ContentDec 7, 2020 / France

After a lost spring, a season heavily impacted by the COVID-19 crisis, the French retail market reacted well, and summer sales brought a good mood to the business. However, a second wave hitting the country after the summer led to a November with closed stores (non-essential stores were not open for over a month). The enthusiasm of the reopening on the 28th of November led crowds to queue for visiting some stores. However, it is not clear if this will be enough to ensure an end of the year out of the red.

Companies Coronavirus - Covid19 Footwear France Online Retail Special Reports World Footwear Reports World Footwear Retail Flash Reports

Paris confirms shows in January

Dec 4, 2020 / France

The Fédération de la Haute Couture et de la Mode (FHCM) announced the dates for the next seasons of menswear and haute couture for January 2021, confirming that they will take place at the beginning of next year

France

Longchamp President Philippe Cassegrain dies

Dec 3, 2020 / France

The creator of the iconic Le Pliage bag, Longchamp's historic President, was 83 years old and did not resist to complications related to COVID-19

Brands Companies Coronavirus - Covid19 France Luxury Management People

LVMH names Chris de Lapuente new CEO of Selective Retailing

Nov 30, 2020 / France

The French-based luxury giant has named Chris de Lapuente as the new Chairman and CEO of LVMH's division of Selective Retailing, effective from January onwards

Brands Companies Footwear France Luxury LVMH Management People

The world’s most expensive cities

Nov 18, 2020 / World

Paris and Zurich re-join Hong Kong at the top of the latest ranking of the world's most expensive cities, according to the latest information by The Economist

Consumption Economy France Hong Kong Switzerland World

Eurazeo Brands buys Axel Arigato for 56 million euros

Nov 16, 2020 / Sweden

The global investment company is investing 56 million euros in Axel Arigato, a Swedish premium sneaker, ready-to-wear and accessories brand, to become a majority shareholder, alongside brand's founders Max Svärdh and Albin Johansson

Acquisitions Brands Companies Footwear France Investment Luxury Sweden

Imports of footwear with a dark picture in the first semester

Premium ContentNov 9, 2020 / Business Conditions Survey

The most recent statistics for footwear trade in 2020 show a very dark, albeit expected, picture. In the first semester of the year, footwear imports fell in almost every country

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Hermès returns to growth

Oct 27, 2020 / France

Sales in the third quarter (+7% at constant exchange rates and +4% at current exchange rates) are driven by strong activity in the group's stores (+12% at constant exchange rates), the momentum in Asia and a significant improvement in all other geographical areas

Companies Footwear France Hermès Leather Leather goods Luxury Quarter Results Results Sales

LVMH: fashion and leather goods division with improved revenue

Oct 21, 2020 / France

The luxury group recorded revenue of 30.3 billion euros in the first nine months of 2020, down by 21%. Revenue was down by 7% in the third quarter, reflecting an improvement in trends, with a return to growth in the Fashion & Leather Goods segment

Brands Companies France Leather goods Luxury LVMH Quarter Results Results Shoes

Ralph Toledano re-elected President of the Fédération de la Haute Couture et de la Mode

Oct 14, 2020 / France

The General Assembly of the Chambre Syndicale de la Haute Couture extended the mandate of Ralph Toledano as President of the Chamber for 2 years

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Chanel buys majority stakes in shoemaker Ballin and tannery Gaiera

Oct 9, 2020 / France

Chanel continues to reinforce its network of suppliers as it acquires majority stakes in Italian luxury shoemaker Ballin and tannery Conceria Gaiera Giovanni

Acquisitions Companies Footwear France Leather Leather goods Luxury Production Shoes