On Monday, French luxury goods group LVMH disclosed it has arrived at an all-cash deal worth $16.2 billion to acquire U.S. jewelry chain Tiffany & Co. LVMH will be paying $135 per share for every share of Tiffany & Co…. Read More ›
Louis Vuitton
LVMH’s Louis Vuitton hires Virgil Abloh to design its new menswear collections
Fashion houses are increasingly adopting streetwear looks to attract younger shoppers. On Monday, LVMH’s Louis Vuitton brand, the biggest revenue generator of the French luxury goods group said, it has hired Virgil Abloh, the founder of Off-White, a streetwear label,… Read More ›
Channel deepens digital push, takes minority stake in Farfetch
With Channel’s core strategy revolving around the exclusivity of its products its digital initiative is likely to differ from that of its peers, including Gucci, Louis Vuitton, who prefer growth through sales, online and offline. On Monday, Channel, a top… Read More ›
French fashion house Chloé set to appoint Natacha Ramsay-Levi as its creative director
Ramsay-Levi’s shift from Louis Vuitton to Chloé, underscores the fact that there has been a high turnover rate of staff at the design studio in the last two years. This could be partially attributed to long working hours and stressful… Read More ›
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