LVMH-backed private equity fund Moët Hennessy Louis Vuitton has targeted beauty powerhouse Kiko Milano.

After months of speculation, L Catterton announced on Friday that it had acquired a majority stake in the company. So the lord wants to get his hands on the world’s beauty.

Created in 1997 by entrepreneurs Antonio and Stefano Percassi, Kiko Milano is controlled by Percassi’s Odissea Srl holding company and generated revenue of €798 million in 2023, up 19% year-on-year. previous year and ranking 49th in the annual ranking of the world’s largest beauty companies by sales. The company has more than 1,100 stores worldwide and sells its products in more than 66 markets.

ReLuxury, the first show dedicated to the second life of luxury products and then the circular economy is nestling even in prestigious houses, a new idea to further promote their heritage and their exceptional know-how. “Luxury is what can be repaired,”said Jean-Louis Dumas, emblematic President of Hermès, used to say.

Luxury is indeed meant to be timeless, a beautiful watch, a bag or a piece of jewelry is passed down from generation to generation. This is why the economic model of reselling luxury items is a virtuous circle, for the seller, for the buyer, but also for the brand, because the planet and humanity! all need to be cuddled.

Bringing a repair cycle into this environment turns out to be a relevant response to the phenomenon of “köpskam”, the shame of buying. A neologism which is gradually emerging in Nordic society and which mainly targets the fashion industry. Recommerce is in fact a weapon of massive reconstruction to combat waste. This perfectly meets the new expectations and aspirations of today’s luxury customers.

However, luxury brands still remain perplexed about investing in this new second life market. However, the market for the resale of timepieces and jewelry is estimated at some 21 billion euros per year, with growth expected to be around 8% per year.

It is in the atmosphere of a winter night that the very evidence of the locker room, which was intended to be both classic and powerful, stigmatizes the woman as a man. The idiom of lines to find the language of the stars, for a subtle dosage of the masculine fly jacket which plays with the feminine, very gently and in control; a sculptural “Zaraïfié” collection with cuts celebrating Parisian chic for New York.

Celebrity makeup artist  Charlotte Tilbury is set to launch her first perfume collection. Charlotte Tilbury said this launch aims to evoke a range of emotions, vibrations, actions and reactions, through a collaboration with International Flavors & Fragrances (IFF) and their revolutionary proprietary technology.

It is specified that this collection is dedicated to neuroscents. And as Charlotte Tilbury looks to expand her brand into a billion-euro makeup, skincare and fragrance business, the introduction marks a major milestone for the company, which has already established itself as the UK’s leading prestige combination makeup brand.

The six scents in the collection are called Love Frequency, More Sex, Cosmic Power, Magic Energy, Calm Bliss and Joyphoria. In collaboration with IFF, a pioneer in research on perfumes and the impact of perfume on the brain, there may also be sex shops in the Soho district, you understood the message charlotte wants more sex.

Since 1860, Chopard has been an artisan of emotion. And In 2013, Caroline and Karl-Friedrich Scheufele, co-presidents at Chopard, launched the “Journey to Sustainable Luxury” and in 2018, the Maison committed to using 100 percent ethical gold when producing all its watches and jewelry.

The latest collection features the new L.U.C XPS Forest Green model, which embodies understated elegance and exclusively uses Chopard’s proprietary steel, Lucent Steel™. With a recycling rate of at least 80 percent, the steel aids the Maison’s goal to reduce its carbon footprint.

Standouts from the latest collection include the more vibrantly hued blue Happy Sport, a limited-edition with only 250 pieces available. The women’s watch celebrates Chopard’s “Joie de Vivre” with its legendary “dancing diamonds” on the dial and is powered by mechanical movement.

This year, they expanding portfolio with timepieces featuring colored dials, appealing to individuals who seek a touch of uniqueness.

Roberto Cavalli, designer of the jet set for decades thanks to his python skins and flamboyant prints, died yesterday at the age of 83. Leopard prints and bare outfits had made them the darling of the international jet set from St. Topez to Portofino. The house he founded in 1975 confirmed the news in a press release, adding that the designer’s legacy would live on “through his art, his creativity, his love of nature, of animals, he loved life 200 to time.

Fausto Puglisi, the brand’s creative director since 2020, said carrying on the founder’s legacy was the greatest honor of his career. “You may not be here physically anymore, but I know I will always feel your spirit with me,” Puglisi said.

The couturier’s passion for Ferraris, cigars and horses, a fan of trendy St Tropez evenings and revealing a tanned torso à la Bernard Henri Levy, made him a sought-after character among the show biz paparazzo. Married to a Miss Universe finalist, owner, traveling mostly by his personal helicopter to reach his vineyard in Tuscany. Cavalli patented several methods of printing on leather, which attracted the attention of a few luxury houses, including Hermès. We offer our most sincere condolences to his family.

Stefano Cantino, head of communications at Louis Vuitton, has been appointed deputy general director of the Italian fashion house Gucci. Cantino would start on May 2 and would work hand in hand with Jean-François Palus, president and CEO of Gucci, as well as Francesca Bellettini, deputy CEO of Kering in charge of the brand.

Cantino’s extensive experience in the luxury industry at senior levels in various organizations, his wide range of expertise, as well as his strategic thinking and artistic culture, make him a great asset to my team. It’s the lord of the Arnault ring who will be happy!

Although classified by some as a public relations executive, Cantino spent much of his 22-year career at Prada in various business development, merchandising and marketing roles, involved in everything from retail to industrial processes , working closely with Prada CEO Patrizio Bertelli and designer Miuccia Prada, but also at Vuitton as well, which he joined in 2018.

Canada Goose the Toronto-based company did not specify the total number of employees impacted by what it described as a redesign of global corporate workforce but reduced its corporate workforce by 17 percent. As of April 2023, Canada Goose reportedly had a 4,760-person staff, according.

As with many brands catering to cold-weather enthusiasts, Canada Goose’s sales have been tempered by unseasonably warm temperatures in the U.S. this winter, but its expensive price point is probably the real reason.

A few changes were also made at the senior executive level. Carrie Baker, president of brand and commercial, will oversee design as part of her expanded role.

Additionally, John Moran, the company’s former chief operating officer, left March 19. Additionally, Dan Binder, who joined the brand full time last spring as chief transformation officer, will now oversee global stores.