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Macron stalwart buys into traditional French savoir-faire market

C4 Industries founder and former tech industry player Pascal Cagni has been buying up luxury tableware and furnishing companies.© Studio Pachamama

Since 2017, businessman Pascal Cagni, formerly Apple's vice president for Europe, has been presiding over the parastatal Business France. He also has been buying up luxury brands to create his own dedicated company in this domain.

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Families

Arnaults raise family stake in LVMH

The fact that the luxury giant's share price has been hovering sluggishly just below the €500 mark these last three months has afforded the Arnaults the opportunity to acquire further shares and move ever closer to the strategic 50% threshold.

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Houses

LVMH, L'Oréal and Exor among long list of buyers rejected by late Giorgio Armani

The death last week of the famous Italian fashion designer has raised the question of his succession. His empire, which has been the subject of much speculation, has remained independent until now, despite a series of confidential negotiations with LVMH and L'Oréal, as Glitz reveals here.

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Ralph Lauren shifts strategic focus to ultra-wealthy

The end of outlets, price increases, investment in premium brands - the US fashion house has responded to the global consumer crisis by focusing primarily on the most affluent customers. Other luxury brands have also gone down this road, but for Ralph Lauren it marks a break with the strategies of the past.

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Short sellers rein in their assault on Kering

The rise in the luxury group's share price since July has forced speculators who were betting massively on the price plummeting to stop shorting the stock.

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Entourage

Indian conglomerate Reliance runs into trouble with its luxury licences

The company is the local partner of Zegna in India but has largely been operating independently from the Italian fashion house, which is causing tensions between the two.

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Counterfeit market feels effects of tit-for-tat tariffs imposed by Washington and Beijing

The US-China trade war is prompting more extensive checks on potential fake luxury goods.

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