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Why Fashion’s Giant Notre-Dame Pledges Are Good for Business

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....


What Neiman Marcus’ Latest Investment Means for the Resale Market

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....


The 5 Most Important Things a Brand Must Do When Building a Direct-to-Consumer Business

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....


Bernard Arnault Talks Hedi Slimane, Rihanna and Karl Lagerfeld at LVMH’s Annual Shareholder Meeting

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....


Hermes CEO Steps Down from L'Oreal Board

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....


Debenhams CEO Steps Down Following Takeover by Lenders

Chairman Terry Duddy will take over on an interim basis as the company seeks a successor to Sergio Bucher....