Both LVMH and Kering stand to benefit from their donations to save Notre-Dame, though a political backdrop of populism has raised the risk of a backlash....
The global market for secondhand apparel is on track to exceed the size of fast fashion retail in the next decade. Neiman Marcus’ new stake in luxury resale site Fashionphile shows how brands, retailers and resale platforms can work together to tackle this opportunity....
Labels that used to be available only at the local mall are changing their distribution models in order to build a direct, and hopefully more profitable, relationship with the consumer. But it's a tricky move to pull off....
The group’s chairman and chief executive also addressed criticism around his Notre-Dame donation, and concerns from animal rights activists about LVMH’s use of exotic skins....
The French beauty group said on Thursday that Axel Dumas, the CEO of Birkin-bag maker Hermes, had resigned as a board member as the luxury group starts work on its own line of cosmetics....
Chairman Terry Duddy will take over on an interim basis as the company seeks a successor to Sergio Bucher....