The Wealthy are Less Willing to Spend on Sustainable Products
Millennial and Gen-Z respondents were among the most likely to pay a premium for environmental-friendly practices.
Bouchra Jarrar
Did Digital Couture Week Work?
This season's Haute Couture Week was basically video week. Modern? Sort of. There was a lot of MTV to the proceedings, if without the creative energy and anarchy, writes Angelo Flaccavento.
Lanvin Appoints New Creative Director
Bruno Sialelli has been appointed as creative director of the French luxury fashion house.
Another Leadership Shake-Up at Lanvin
The changes follow the acquisition of a majority stake in the troubled fashion house by Chinese conglomerate Fosun Group last month.
Lanvin's Jet-Set Woman
Olivier Lapidus' sophomore collection was a step forward from a disastrous debut.
Chinese Firms Make a Push into Luxury
Chinese apparel group Shandong Ruyi said its ambition was to become 'the LVMH group of China.'
Should Fashion Brands Bet on Star Designers?
There are advantages to hiring a star designer who knows how to feed the voracious publicity machine, argues Alexandra Shulman.
Report: Lanvin in Financial Trouble, Sales Expected to Slump 30 Percent
Auditors for the fashion house have filed a warning with a commercial court in Paris over its financial situation, say sources.
A Very Different Lanvin
Nothing could save Olivier Lapidus' empty reiteration of Lanvin’s legacy, hell bent on drumming home the house logo in every way, shape and form.
Luxury Sector Posts Strong Results, but Caution Prevails
First-half results could not have been better, but warnings of a more uncertain path ahead curbed investor enthusiasm for luxury.
Can Anyone Save Lanvin Now?
With revenues sharply down and the departure of its latest artistic director after only 16 months, the world’s oldest continuously running fashion house is facing a downward spiral.
Power Moves | Mansur Gavriel's New President, Shiseido’s Plan For BareMinerals
This week, Shira Sue Carmi joins Mansur Gavriel as it looks to expand into ready to wear, while Shiseido Americas taps Susan Jurevics to develop its bareMinerals brand.
Olivier Lapidus Joins Lanvin Amid Plans to Make Brand ‘A French Michael Kors’
Lapidus joined Lanvin as artistic director on Monday, replacing Bouchra Jarrar, who exited the company last week.
Company Snapshot
The experienced couturier sat at the creative helm of France's oldest fashion house for 16 months.
The News in Brief
Express Files for US Bankruptcy Protection, to Close Over 100 Stores
Fashion retailer Express Inc has filed for Chapter 11 bankruptcy in the United States and intends to close more than 100 stores, it said on Monday.
Nike Says Job Cuts at Oregon Headquarters to Total More Than 700
Nike Inc. will have eliminated about 740 jobs at its headquarters by late June as part of its multiyear cost-cutting plan.
P&G Lifts Annual Profit Forecast on Strong Us Consumer Demand, Easing Costs
Procter & Gamble raised its annual profit forecast on lower commodity costs and as consumers, particularly in the United States and Europe, kept buying its pricey Tide detergent and Dawn dish soap.
Frédéric Malle Steps Down From Namesake Brand
Frédéric Malle announced on Apr. 18 that he will be leaving his brand Editions de Parfums Frédéric Malle at the end of June.
With Succession in Focus, LVMH Adds Alexandre and Frédéric Arnault to Board
The two brothers join older siblings Antoine and Delphine, meaning that 4 out of Arnault’s 5 heirs now serve on the board. Bernard Arnault, age 75, has placed his controlling interest in LVMH in a stock-share partnership aimed at perpetuating family control.
Arnault Says He Hopes Tensions With China on Luxury Quiet Down
Billionaire Bernard Arnault said he hopes a planned visit to France next month by China’s Xi Jinping will help smooth trade relations between Paris and Beijing.
Vita Liberata Bought Back By Founder
Alyson Hogg, who founded the luxury tanning brand in 2003, has reacquired it from Crown Laboratories.