Baccarat is for sale. Tor Investment and Sammasan Capital, the two Hong Kong creditors who became shareholders of the prestigious crystal factory when its Chinese owner disappeared in 2020, have mandated the bank Messier & Associés to find a buyer, according to our information.
Around six to seven contenders are still in the running, according to sources familiar with the matter. Asian and Gulf investors, an industrialist from northern Europe, as well as a Swiss fund and another from the Maghreb.
The glass factory founded by King Louis XV in 1754, however, no longer interests French investors. The French industrial group Chargeurs, which seeks to strengthen its position in luxury, was interested in the deal.
“They found the sellers’ price expectations unreasonable in view of the performance and closed the file this summer,” indicates a source. Since then, its manager Michaël Fribourg has turned to other acquisitions in the luxury sector. Sammasan Capital hopes to raise more than 400 million euros from the sale of the emblematic Lorraine factory.
Vuarnet, the emblematic brand of Roger Pouilloux and Jean Vuarnet, is acquired by LVMH. Vuarnet’s purchase terms and amount are unknown at the moment. But 
A platform aimed at scaling the fragrance brands in Richemont’s portfolio, Laboratoire de Haute Parfumerie et Beauté, will raise the bar on the company’s beauty business.
Antoine Arnault, who had been appointed head of communications and image for the LVMH group (Moët Hennessy Louis Vuitton), is truly a master of communications. Surfing on the Restos du Cœur for 10 million euros is certainly a stroke of genius. And all the while, the Insoumis are getting in their faces comments like “Did they donate any of their parliamentary ‘alimony’ to the Restos du Coeur?”
For twenty years Jean-François Spricigo has developed an artistic language of rare power, mixing different photographic writings often nourished by dialogue with writing, sounds, video or staging. At the foundation of this radical work, the intense relationship with nature which animates the artist, refuting any hierarchy between forms of life: “Humbly, I observe nature and recognize it as the only tangible norm in the face of the changes in our societies” . As the only place, also, of possible reconciliation between the imaginary and the real.
The French luxury house announced in early February that it had taken its beauty activity back in-house, and appointed Raffaella Cornaggia as CEO of Kering Beauté.
The Cherigan Paris 1929 fragrance brand was discovered by Luc Gabriel in 2016, 87 years after its launch and more than a half century after its demise. The name cheri, French for darling, and gant, French for glove, intrigued him. Cherigan was part of the Art Deco period, which Gabriel 
As temples of luxury as well as tourist attractions, Dior Paris 30 Montaigne and Tiffany & Co’s Landmark boutique in New York set the tone. In order to increase traffic and productivity per square foot, luxury boutiques must now become “even more attractive.”
We can safely say that casualwear has dominated our collective wardrobes for the last decade, and while some of it has become quite elevated when it comes to fabrics, the sartorial aesthetic remains the choice for special occasions for a number of reasons.
Leonard A. Lauder will step down from the board of directors of the Estée Lauder Cos. in November when his current term expires.
Eight tons of plastic on the Côte d’Azur for a couturier always looking for buzz … This Monday, the designer proudly posted a video on his Instagram account to present his latest creation: an enormous inflatable bag, set up on the beach in Villefranche-sur-Mer.
After a yearlong renovation, Le Bon Marché (Good Market) unveils its new jewelry space.
Here I am, back from a rather hectic holiday, and today I open my 1,280 emails… Given my advanced age, I discover all these spams sent to me for old-age insurance and incontinent diapers, in itself quite a program… I know that, from time to time for some, I have verbal diarrhea, but still!
As inflation bites its mass-market US shoppers and even aspirational consumers after a post-pandemic handbag spending spree, Michael Kors, which generates the largest chunk revenue, has experienced steeper revenue declines than some higher-end peers in recent quarters.
It was the exquisite morning hour, when the sun blushed through the warm Summer mist. My view followed the vines through the Louisiana cypresses, a blond light drenched nature and you’d have thought it was snowing gold. Suddenly, a woolly cloud swam across the azure in the