This week’s global markets round-up of fashion business news also features Advent to buy Zimmermann in a $1 billion deal, Amyris to shut down Costa Brazil and Onda Beauty and cotton yarn demand stagnant in north India.
The Paris men’s shows were charged with sexual energy, elegance and a nomadic spirit, reports Angelo Flaccavento.
Signs of streetwear’s importance to the luxury business model were everywhere this week, from Virgil Abloh’s last collection for Louis Vuitton to LVMH’s Aimé Leon Dore deal to Bally’s appointment of Rhuigi Villaseñor.
The Japanese designer who founded A Bathing Ape will be the label’s new artistic director. The brand also tapped a new CEO from French intimates brand Undiz.
The former Lacoste creative director is set to leave the brand when his contract expires in June, as LVMH re-examines underperforming units.