This week, the luxury group appointed LVMH veteran Philippe Fortunato to oversee fashion and accessories, while the German suit maker tapped Daniel Grieder after his recent departure from Tommy Hilfiger.
This week, Chanel appoints former Serpentine Galleries Chief Yana Peel to a newly created arts and culture post, while Givenchy hires its new CEO from Dior.
A joint venture between LVMH and Marcolin could triple its production of glasses over time as its portfolio of brands expands.
Between China’s consumer recovery, Trump’s promise of lower taxes and higher oil prices boosting Middle Eastern and Russian economies, 2017 is looking a lot rosier for luxury goods.
Last week’s LVMH-Marcolin deal follows a string of changes in the competitive luxury eyewear sector as companies reassess their business models to adapt to growing demand.
The LVMH agreement could also involve investing in Marcolin’s Italian manufacturing operations, as well as the creation of a new company.
Kering’s decision to take its eyewear business in house was dubbed an “eyewear revolution,” but what does it mean for the giants that dominate the market?
As 3D printing systems become better and cheaper, the designer eyewear market may soon start to feel the effects, with potentially wide-ranging implications, from product development to counterfeiting.