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Houses

Chanel poaches hire from Élysée Palace

Lawyer Rhizlane Bouachra is leaving the Élysée Palace's press office.

Subscribers only France 26.09.2024

On the eve of Paris Fashion Week, LVMH ponders management rethink of couture houses

Just as LVMH is finalising the arrival - and potential departure - of several creative directors, the management of LVMH Fashion Group is weathering turbulence, too. Having set up an interim management team, the luxury giant is now eyeing a more permanent organisation.

Subscribers only France 19.09.2024

Paris Fashion Week a goldmine for contemporary art gallery owners

Contemporary art galleries are taking advantage of Paris Fashion Week to rent out their premises at a premium for showrooms and cocktail parties. The money they make can cover almost a year's rent.

Subscribers only France 19.09.2024

LVMH compensates Loewe for losing shop on Paris's Rue Saint-Honoré

Spanish fashion label Loewe lost its store at 384 Rue Saint-Honoré to Celine in 2022. To make up for it, the brand is preparing to open three floors of shops a few numbers away from its former location.

Subscribers only France 19.09.2024

After fighting the Beaux-Arts, François-Henri Pinault now happily hires it

The Beaux-Arts de Paris continues to benefit from the financial opportunities offered by the luxury goods industry.

Subscribers only France 19.09.2024

LVMH waging 'coffee table book' publishing offensive

The luxury giant is stepping up its involvement in publishing houses to produce prestigious and beautiful books for its brands.

Subscribers only France 12.09.2024

Tom Ford in the doldrums after Estée Lauder takeover

The Texan designer's namesake brand has registered declining sales since Estée Lauder acquired 100% of the company in November 2022. For the time being, the house's valuation remains higher than the acquisition price.

Free access Houses 12.09.2024

Élysée Palace partnership prompts Enowe to spread its luxury wings

The investment fund last year won the approval of the office of France's president for one of its holdings, the top-flight watchmaker Pequignet. Buoyed by the kudos, the family office now plans to expand its portfolio of luxury brands.

Subscribers only Houses 12.09.2024

Paris 2024 organisers less than hospitable to key partner Moët Hennessy during Olympics

The Paris 2024 Olympic Organising Committee refused accreditation to a sales rep of Moët Hennessy Diageo, owned by LVMH, which was a premium partner of the Games. The issue went all the way to the courts.

Subscribers only Houses 12.09.2024

Inside the secret WhatsApp groups of Paris luxury boutiques

Faced with increasingly well-organised thieves, shops on the Avenue Montaigne and the Rue du Faubourg Saint-Honoré are resorting to informal means to stop shoplifters.

Subscribers only Houses 05.09.2024

Legal battle could cost Balenciaga its central Paris flagship

The landlord of Balenciaga's flagship store on the Rue Saint-Honoré filed a complaint accusing the Kering brand of using a conspicuously complex arrangement to occupy its premises. The case could see the luxury house evicted.

Subscribers only Houses 05.09.2024

After Polène, LVMH and L Catterton set their sights on other 'affordable luxury' targets

L Catterton, LVMH's investment fund, last week took a stake in the Polène leather goods brand. The move is part of a strategy of diversifying into non-luxury fashion that could continue with further acquisitions.

Subscribers only Houses 05.09.2024

Acne Studios slapped with hefty tax bill

French tax authorities have served the Paris branch of the Swedish designer label Acne Studios with a bill for more than €1m in unpaid taxes.

Subscribers only Houses 05.09.2024

Counterfeiters quick to thrive on Celine's quiet success

As a pioneer of the "quiet luxury" trend, Celine and its bags have become the target of a major imitation operation.

Subscribers only Houses 05.09.2024

Capri-Tapestry merger: the hush-hush involvement of Chanel and LVMH

A merger between the two US luxury giants that has been blocked by the Federal Trade Commission has received behind-the-scenes backing from their main European competitors. LVMH and Chanel have a vested interest in getting involved, fearing that their own future acquisitions could also be opposed.

Free access Houses 05.09.2024

Spotlight
Should he stay or should he go? Hedi Slimane saga puts Celine under stress

Celine's creative director, who has been the subject of rumours as recurrent as they are contradictory, must decide in the months to come whether to stay put or leave LVMH. Glitz.paris reveals the issues at stake, the conflicts and the ongoing negotiations.

Hedi Slimane's future as creative director of Celine is still uncertain at the start of the new season.

Subscribers only Houses 29.08.2024

Kiss and makeup: Louis Vuitton counts on cosmetics to woo back Chinese youth

To compensate for declining revenues in China and across Asia, the French luxury brand will be launching its first-ever lipstick range.

Free access Houses 29.08.2024

Front Row
Angela Ahrendts, the former Apple and Burberry executive much sought after in the luxury world

The ex-CEO of Burberry and former vice-president of Apple now sits on the boards of several tech and luxury companies, including Ralph Lauren and SKKY Partners, Kim Kardashian's investment fund.

Ralph Lauren director Angela Ahrendts.

Subscribers only Houses 29.08.2024

Richard Mille's Middle East sales stall

Despite sustained growth in the brand's Abu Dhabi and Dubai boutiques, the ultra-luxury watch group Richard Mille has seen its Middle East sales fall below the 100 million Swiss franc mark for the first time.

Subscribers only Houses 29.08.2024

Ambani wedding serves as launchpad for Indian designer Rahul Mishra

Mukesh Ambani's son's spectacular wedding has enabled the billionaire to consolidate his position as a luxury player in India. He is now looking to expand internationally and has plans to open a boutique in Paris for Rahul Mishra.

Subscribers only Houses 25.07.2024

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