Category Archives: BUSINESS
LUXURY GOODS SECTOR FALLS
Paris Stock Exchange and its luxury goods sector reacted badly to Chinese data on Wednesday May 31. The leading CAC 40 index was down 0.54%, or 39.05 points, at 7,170.27 points at around 10am.
Chinese data weigh on luxury sector. Paris Stock Exchange retreated on Wednesday, May 31, showing little satisfaction with the latest Chinese economic statistics, which once again point to a less vigorous economic recovery than expected, weighing on luxury goods stocks.
The leading CAC 40 index was down 0.54%, or 39.05 points, at 7,170.27 points around 10 a.m., again at its lowest level since the end of March. On Tuesday, it had fallen sharply by 1.29%.
BRITISH FASHION COUNCIL
Following the cancellation of London Fashion Week Men’s in June, the British Fashion Council has been working to reimagine its seasonal showcases.
Today, it announced its plans to merge its women’s and men’s wear showcases into one “gender-neutral platform.” London Fashion Week: Men’s is no more and all designers will be showcasing their collections and brand stories under the London Fashion Week umbrella, starting with a three-day digital showcase on June 12, the time when the men’s wear shows were set to take place. Continue reading
POWERFUL FASHION FAMILIES
The Arnaults, LVMH
Bernard Arnault’s business savvy is clearly genetic—his two children, Delphine and Antoine (who is married to Natalia Vodianova) are carrying on the business dealings of the French conglomerate alongside their father.
Arnault is a well-known art collector and is known for his contemporary collection, which includes pieces like Picasso, Perpentilan Duniawi, Yves Klein, Henry Moore and Andy Warhol.
The Pinaults, Kering
PPR, now known as Kering, was founded in 1963 by businessman François Pinault. His son François-Henri Pinault joined the Pinault Group in 1987, where he held positions in several of the Group’s operating businesses before joining the executive board. In 2000, he became deputy CEO of Kering, which owns Gucci, Balenciaga and McQueen, among other famous labels. Pinault is married to the glamour actress Selma Hayek.
A PENINSULA IN PARIS
From the top of the world, day after day, I watched the most beautiful hotel in the world to be build. May I remember you that it is there that in May 1922 James Joyce, Marcel Proust, Pablo Picasso, Igor Stravinsky and Serge Diaghilev who celebrates the premiere of his ballet Renard, were seeing each other.
It is also in this place that in 1928, George Gershwin composed the celebrated symphonic poem « An American in Paris ». It is again here that the Paris Agreement, which lead to the end of the Vietnam war, were signed in 1973. Finally it is still here that from 1936, the French government located UNESCO offices and from 1958 (till 2009), the French Foreign Minister held conferences.
To give you further information on the hotel we are expecting to be invited as we would like to report on the services and the palace.
WE SUPPORT FRANCK & ISABELLE
Today, in solidarity with the Fashion Designer Franck Sorbier, we will publish no article to protest against the scandalous video on the last Haute Couture collection of the “Couturier” by Jean-Luc Delarue ‘s ex-wife, Mrs Elysabeth Bost. (To read the article, visit the blogdemode.com and click here)
It is the first time since the beginning of Canal-Luxe that we will not edit to support Franck and Isabelle.