RICHEMONT SALE NET A POSTER

Pitching investors on a buyout that would take the company private, and looking at acquiring Net-a-porter. This buyout would let the Munich-based Mytheresa rev up its operations away from the glare of Wall Street.
And acquiring Net-a-porter, a possibility first reported by The Financial Times, would bolster the company’s operations significantly as it currently ships out of Germany, while Net-a-porter has a complementary distribution system in the U.S. and Asia.

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A FISH CALLED PHARRELL

Greek god of the seas, son of Cronos and Rhea. Its name was already known in the Mycenaean era, where its attributions also extended to earthquakes, horses, bulls and winds. Husband of Amphitrite, he fathered various evil creatures, all an agenda for Little Pharrell.

The multi-hyphenate designer, who is also men’s creative director at Louis Vuitton, unveiled a jewelry collection inspired by Poseidon’s mythological trident, but he’s going to drown in spit again. Continue reading

KIKO MILANO MEETS LVMH

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.

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RELUXURY ANOTHER LIFE

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.

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DIOR AT BROOKLYN MUSEUM

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.

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TILBURY PROFUMO DI DONNA

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.

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CHOPARD ARTISAN OF EMOTION

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.

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ROBERTO CAVALLI DIED AT 83

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.

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GUCCI AND KERING NEWS

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.

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ANN DEMEULEMEESTER 2025

On the heels of a strong fall 2024 sales campaign, the Paris-based fashion house said Wednesday that it is planning to unveil its first pre-collection next month.

Creative director Stefano Gallici’s resort 2025 lineup will be unveiled via appointments between May 21 and 24 at the brand’s storied showroom on Rue de Saintonge in Paris. Continue reading

VALENTINO HOUSE OF CREDIT CARD

Valentino confirmed this afternoon the arrival of Alessandro Michele as creative director of the Roman house. He succeeds Pierpaolo Piccioli, who left the brand on Friday after 25 years. Michele having left his position as creative director of Gucci in November 2022. Here is the House of credit cards for Valentino, because in fact, since his departure from the house, Gucci has not posted record figures like in his time.

Very eager to make the “anarch” Pardon de La Marque  what he had done with Gucci Michele begins Tuesday, according to the internal press release. His first collection will be for spring 2025.

With his fashion shows Michele reinvented Gucci for a completely new, offbeat and androgynous aesthetic. As noted, even the Prince of Venice does not want Maria Grazia for his Valentino brand. So here is the fashion transfer window which is getting underway, and in the profession, the word is absolutely right! Continue reading

A GOOSE THAT CATCHES A COLD

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.

ECO RESPONSIBLE BEHAVIOR FOR OTHERS

British model Cara appears in the designer’s Summer 2024 campaign shot in South London, at the Veolia recycling plant, a company that deals with water management, waste management and services energy with the aim of collecting waste to depollute, decarbonize and regenerate it.

The brand said this was its most conscious collection to date, with 95% of the materials being sustainable, the models are not recycled, as Cara goes from Chanel to Dior and now Stella, it takes well pay for a house fire in Los Angeles. The house purchased for 7 million dollars was completely destroyed following an electrical problem causing very significant pollution. the 750 m² of the building, purchased for 7 million, is a studio for her who has no children and lives alone, very ecological!!!

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MEGHAN MARKLE LAUNCH A BRAND

Prince Harry’s wife Meghan Markle is launching a lifestyle brand named after their oceanfront California home. An Instagram page and website for American Riviera Orchard went live without advance warning Thursday, both featuring a gold-colored crest for the new venture.

The logo featured Montecito, the celebrity enclave near Santa Barbara, sometimes referred to as the American Riviera, where the couple has been living there since 2020. The social media account’s biography simply reads: “by Meghan, The Duchess of Sussex.”

A representative for the duchess confirmed her participation in the new venture to AFP, without providing further details. American Riviera Orchard appears to be a brand focused on kitchens and lifestyles. Continue reading

BALMAIN YOU ARE FIRED

Balmain CEO Jean-Jacques Guével leaves office after four years. Previously CEO of Zadig & Voltaire, Guével joined Balmain in February 2020, just before the coronavirus pandemic turned the world upside down.

The French fashion house revealed his departure in a brief statement Monday, noting that “under his tenure, the company has experienced significant growth and evolution.” But who will believe that!

“Balmain is one of the oldest luxury houses in Paris, with a unique and rich heritage”, But except The chief designer.

Balmain chairman Rachid Mohamed Rachid, who is also CEO of Balmain’s parent company Mayhoola, thanked Guével with certainly a big check. Continue reading