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Hermès Bucks Luxury Slowdown as Sales Gain 11% in Q3, as Loyal Clients in China Upped Spend

Sales continued to grow apace at Hermès, even as sales plunge at rivals Kering and LVMH.

Ramdane Touhami Expands His Curated World With New Paris Boutique

After reviving Officine Universelle Buly, Touhami has brought his brands under one roof and created a space…

Arnault Family’s Agache Holding Confirms Talks for Paris Soccer Club Acquisition

The holding is expected to acquire a 55 percent stake in the Paris FC soccer club that would then grow to 85…

LVMH Misses Expectations as China Flags

The group saw a "marked deterioration" in sales of fashion and leather goods to Chinese consumers.

Kim Jones Is Stepping Down at Fendi

The British designer is parting ways with the Roman house after an eventful four-year collaboration. He…

Bernard Arnault Bets on Craftsmanship to Help LVMH Ride Out the Luxury Downturn

The French luxury group celebrated the 10th anniversary of its Institut des Métiers d'Excellence vocational…

Louis Vuitton Objets Nomades, Virgil Abloh Piece, New Galleries to Highlight Second Design Miami.Paris

The event will welcome 16 new exhibitors, feature one of the last works of Virgil Abloh and commence with a…

Arnault Family Poised to Buy Majority Stake in Paris Soccer Club

The acquisition would set the stage for a face-off between two soccer clubs owned by rival French luxury…

Oasi Zegna Ski Racing Center Becomes Official Training Site for Italy’s Ski Teams

The center is located in the alpine town of Bielmonte.

London Is Attracting Big Luxury Spenders Despite Broader Economic Challenges

A report by luxury industry lobby Walpole and property giant Cadogan argues that London remains attractive to…

LVMH Invests in French Model Constance Jablonski’s Nonalcoholic Sparkling Wine

Moët Hennessy, the group's wines and spirits division, has acquired a minority stake in French Bloom.

EXCLUSIVE: LVMH Inks 10-year Global Partnership With Formula 1

Tag Heuer, Louis Vuitton and Champagne house Moët & Chandon are involved in the deal, estimated at under $100…

Hedi Slimane Is Leaving Celine

The French designer has been its artistic, creative and image director since January 2018.

Italian Government Urged to Help Protect Tuscany’s Manufacturing Pipeline

A challenging global economic scenario is slowing down production and impacting the region's pipeline, as…

EXCLUSIVE: Dior Releases First Campaign Featuring Lewis Hamilton

The Formula 1 champion and Dior brand ambassador appears in ads for the lifestyle capsule collection he guest…