France
Brazilian Footwear elects seven target markets
The Brazilian Shoe Manufacturers Association (Abicalçados), the Brazilian Trade and Investment Promotion Agency (Apex-Brazil) and the members of the Brazilian Footwear program (maintained by those entities) promoted a meeting to select target markets for the next two years
LVMH invests in luxury platform Lyst
Fashion research platform Lyst announced the participation of the LVMH group in a new round of funding. Although the details of the deal have not been revealed, investment should amount to 50 million euros
Global footwear together for free and fair trade
Wishing to give a strong signal against the protectionist movements recently emerging in several parts of the globe, representatives of footwear national associations and industry chambers of various continents signed a joint declaration in support of free and fair trade
Kering with strong revenue growth
The group's consolidated revenue in the first quarter of 2018 totaled 3 107.8 million euros, up by 27.1% as reported and 36.5% on a comparable basis
LVMH most attractive employer among students
The luxury house has consolidated its position as the preferred employer among students at French business schools in the latest Universum ranking
Louis Vuitton expands French manufacturing
The French-based luxury house is expanding its leather goods and handbag production with two new workshops in western France
Hermès with strong growth in sales
The French-based luxury group announced a 9% increase in sales (at constant exchange rates) in 2017, with well-balanced contributions across the business lines and all geographical areas
Strong year at LVMH
A leading player in the luxury segment, LVMH Moët Hennessy Louis Vuitton recorded revenue of 42.6 billion euros in 2017, an increase of 13% over the previous year. Organic revenue growth totaled 12%
Kering to offer Puma shares to investors
The Paris-based luxury group will offer its shareholders the option of receiving shares in sports brand Puma in place of cash dividends
Carrefour to acquire 17% of Showroomprive
The French multinational retailer and the online sales player announced the signing of a strategic agreement. Carrefour will acquire 17% of the share capital of Showroomprive from Conforama, a subsidiary of the Steinhoff Group
Vivarte sells Merkal Calzados
The sale of the Spanish footwear brand to British private equity firm OpCapita is part of the ongoing restructuring program of the French retailer
adidas appoints new managers for Europe
The Germany-based sportswear group has appointed new General Managers for its operations in important Europe markets. France, Italy and Iberia will have new business heads
Hermès to expand production in France
The France-based luxury group has announced it will open two new leather-goods production sites within the next two years in France-
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