Richemont
Ailing Delvaux forced to shutter chic Paris store
The Palais-Royal boutique opened in September 2014.
The Palais-Royal boutique opened in September 2014.
The celebrated actress and wife of François-Henri Pinault will be guest of honour at the London-based Serpentine Gallery's annual event, much to the chagrin of patrons and guests from other corners of the luxury world.
Having expanded its business by installing spas in major hotels and organising wellness retreats, the brand's cosmetics division is poised to enter the tourism sector. The shift coincides with the appointment of a travel industry professional to the LVMH board.
Facing legal action in a European Commission price-fixing investigation, the fashion house has negotiated leniency by confessing to a major infraction in antitrust law previously unknown to Brussels.
Appointed as head of Alexander McQueen, Gianfranco D'Attis has been entrusted with a tricky task: turning around the British fashion house, which is significantly impacting the already fragile results of its shareholder, Kering.