Ciao, America: Olsen sisters' label The Row heads for Italy
Faced with rising production costs, luxury ready-to-wear brand The Row is set to turn its back on the US and relocate its workshops to Italy.
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The networks involved in a sophisticated laundering technique that relies on artificially VAT-free luxury purchases made in Europe and resold in China lay dormant during the Covid-19 pandemic. But they may soon spring back to life as EU borders reopen to Chinese tourists.
Brand ambassadorships have become a primary marketing tool for luxury houses, making such contracts very profitable for the stars who sign on. Glitz.paris has the lowdown on one such deal, between Chanel and the Belgian singer Angèle.
Ready-to-wear brands are the main suppliers of online sales sites and often sell their goods there, but luxury houses have historically been reluctant to follow suit, fearful of devaluing their image. Now several high-end names have decided to quietly test those waters on sales site The Bradery.
The sustainability incentive scheme set up by France's AGEC law has led to a fierce dispute between textile manufacturers and large retailers at Refashion, the industry's eco-organisation. Luxury's big names are finding themselves caught in the crossfire.
The Paris administrative court has just put an end to a legal dispute that the owners of a mansion next to Dior's new headquarters have been waging for three years. LVMH, the designer's parent company, recently renovated the HQ site at great expense.
Serge Gainsbourg's heirs are working to have the renowned French crooner's former Paris home opened to the public, and to build a museum and a bar nearby. Both attractions are sure to draw a large crowd, and luxury restaurants and nightclub operators are keen to get involved.
In the first quarter of 2022, following a long reorganisation of its operational and shareholding structure, Chanel definitively moved its decision-making and financial core to London. This sleight of hand, which Chanel only acknowledged in a footnote, comes at a time when the Wertheimer brothers, the group's two French shareholders, are paving the way for their succession.