The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
Located between the Louvre and Centre Pompidou in Paris, The Bourse de Commerce Pinault Collection is established by the Kering owner. It was originally slated to open in June of 2020 but was delayed by the Covid-19 pandemic. Starting on May 22, the museum will be open Wednesday to Monday, 11 am to 7 pm, and an online reservation will be required to access the museum.
The Bourse de Commerce will show Pinault’s personal collection, which he has long wanted to show in Paris. It contains thousands of pieces by artists like Piet Mondrian, Damien Hirst and Jeff Koons. According to the museum’s website, Pinault sees The Bourse de Commerce as a step towards “writing the next chapter of [his] cultural project.”
Joan Kennedy is Editorial Associate at The Business of Fashion. She is based in New York and covers beauty and marketing.
The sharp fall in the yen, combined with a number of premium brands not adjusting their prices to reflect the change, has created a rare opportunity to grab luxe goods at a discount.
Fashion’s presence at Milan Design Week grew even bigger this year. Savvy activations by brands including Hermès, Gucci, Bottega Veneta, Loewe and Prada showed how Salone has become a ‘critical petri dish for dalliances between design and fashion,’ Dan Thawley reports.
The Hood By Air co-founder’s ready-to-wear capsule for the Paris-based perfume and fashion house will be timed to coincide with the Met Gala in New York.
Revenues fell on a reported basis, confirming sector-wide fears that luxury demand would continue to slow.