PARIS — In the gardens of the Domaine de Chaalis, about an hour outside Paris, Paris Good Fashion hosted its first Midsummer Camp on sustainability, bringing together a diverse mix of industry leaders. Representatives from major luxury houses including LVMH Moët Hennessy Louis Vuitton, Chanel, and Ami Paris; premium brands such as Lacoste; mass-market players…
PARIS – Norwegian luggage firm Db, which attracted an investment from LVMH Luxury Ventures Fund last December, has brought on two more minority investors with bold-faced names as it charts further global expansion. Football star Erling Braut Haaland, a striker for Premier League club Manchester City, and salmon heir and fashion model Gustav Magnar Witzøe,…
Sustainability in fashion has evolved from a trend into a movement. A wave of companies — from venture capital firms to luxury houses and minimalist retailers — are shaping a future for fashion that prioritizes longevity, circularity, and responsible production. This article explores how fashion giants Stella McCartney, Chloé, and Patagonia, as well as MUJI…
By Bloomberg Published June 1, 2025 As the latest deadline for TikTok to be sold or banned in the US approaches, we’ll find out next month whether the app will continue to be a fixture on American phones or not. See catwalkFendi – Fall-Winter2025 – 2026 – Womenswear – Italie – Milan – ©Launchmetrics/spotlight A decline in fashion…
“It’s been a manic day,” says the American fashion designer Conner Ives from his studio, in London. His six-person team is still navigating, and reveling in, the aftermath of their recent BFC/Vogue Designer Fashion Fund–award win, which granted them more than $200,000 to support Ives’s eponymous label. “I mean, how could you say no to…
For the group, Europe was the only region that posted growth (a 2 per cent increase), while Japan was down 1 per cent, the rest of Asia declined by 11 per cent and the US decreased 3 per cent (marking a deceleration compared with Q4, when US sales were up 3 per cent). By category,…
By Mimosa Spencer PARIS (Reuters) – Growing fears that Donald Trump’s tariff blitz will plunge the world into recession are dashing hopes in the $400-billion-a-year luxury industry that wealthy Americans might help to pull it out of the biggest slump in years. One Wall Street analyst now expects worldwide sales of luxury goods will fall…
Liberation or decimation? While the 47th President of the United States is often seen as mercurial in his decision-making and penchant for threats, Donald Trump made good on a promise to impose further tariffs, this time mainly reciprocal to U.S. trade partners. In the first 48 hours of the announcement, stocks plummeted, and affected countries,…
Executives of those companies scoff at all this. Many say they now struggle to justify investing in the country and talk instead of cutting staff. In a recent survey by the American Chamber of Commerce in Shanghai, less than half of respondents said they were optimistic about the prospects for their business in China over…
Oct. 16, 2024 – The European luxury goods index dropped today as Europe’s luxury shares slid today following the falling sales of LVMH (LVMHF), the world’s leading luxury goods group. The weakened demand from China is the concern as they are considered important consumers in the luxury business. LVMH fell 7% in early trading and…