LVMH has acquired a new perfume brand “Jean Patou”. The giant French conglomerate secretly took management control of Patou last year from Designer Parfums, a UK group based in Watford north of London, which is owned by Mehta business family.
After a couple of months the board of Jean Patou appointed Sidney Toledano to be its new chairman, replacing Nikita Mehta, the 28-year-old daughter of Dilesh Mehta, the CEO and founder of Designer Parfums.
At the time, LVMH board member, Toledano was CEO of Christian Dior. In January, he became the President of LVMH Fashion Group, which controls a series of significant fashion houses including Céline, Fendi, Givenchy, Pucci, Kenzo and Loewe. Continue reading
The parent of brands including Louis Vuitton, Dior, Guerlain and Bulgari said revenues totaled 10.89 billion euros in the three months to June 30, above the market consensus of 10.86 billion euros.
The British government should consider banning the sale and import of all fur following Brexit, a parliamentary committee examining regulation in the sector said in a report published Sunday.
Tucked away all the way up on Madison Avenue at 64th Street is the Vacheron Constantin boutique. Usually filled with the latest and greatest modern hits, this summer the brand’s New York City home is exhibiting and selling a selection of remarkable vintage pieces as part of their “Collectionneurs” line.
Balmain is bolstering its digital reach with the launch of an online flagship serving customers in more than100 markets in partnership with Yoox Net-a-porter Group.
To celebrate the brand’s 70th anniversary, Longchamp is scheduled for September 8, to stage its first official runway Fashion Show in New York this Fall with a tandem with a tandem event scheduled on September 11,for the Opéra Garnier in Paris.
MILAN yesterday — Carlo Benetton died on Tuesday in Treviso, Italy, after fighting a cancer for the last six months. He was 74 and the youngest of the Benetton siblings, who also include Luciano, Giuliana and Gilberto and who together founded the Benetton fashion group in 1965, building it into an international powerhouse in the Eighties and Nineties, leveraging a streamlined organization and manufacturing pipeline.
Yesterday the homage rendered Rue Cambon with looks pairing black boater hats, tailored jackets, white shirts and black satin bows conjuring a young Inès de La Fressange. Vauthier backstage described it as a celebration of the savoir-faire of France’s métiers d’art.
“After 10 successful years, Helen David is stepping down from her role as chief merchant to pursue new ventures. Helen’s talent and drive have been instrumental in the continued success of Harrods, and she has made an outstanding contribution to the business,” according to the company.
Following the opening of a store on London’s Sloane Street last May, Belgian accessories label Delvaux, which was founded in Brussels in 1829, inaugurated on Tuesday its first boutique in Milan.
After a week that saw the beginning of collections from Virgil Abloh at Louis Vuitton and Kim Jones at Dior, with the rush of star power fueling other designers to up their game with a series of outstanding staged shows.
Puig, the family-owned Spanish fragrance and fashion firm, has just been acquired by the Belgian fashion label known for its dignified and elegant designs.