Spanish fashion group Tendam will reopen its stores in Russia through a Belarusian company, its chief executive officer told Reuters on Tuesday, following the model …
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LVMH is now first European company with market value of over USD 500B
French luxury goods giant LVMH Moët Hennessy Louis Vuitton SE, simply known as LVMH, has officially become the first company in Europe with a market …
LVMH becomes first European company to reach $500bn valuation | Luxury goods sector
LVMH, the French luxury goods group behind Louis Vuitton and Moët & Chandon champagne, has become the first European company to hit a $500bn (£400bn) …
Tapestry Invests in Alternative Leather Company Gen Phoenix
Reusable leather-maker Gen Phoenix, formerly known as Eleather, has raised $18 million in a funding round that counts Coach-owner Tapestry and boot brand Dr. Martens …
Gucci Teams Up With Company Behind Bored Ape Yacht Club
Gucci is strengthening its ties to web3. On Monday, the luxury brand announced a multi-year partnership with Yuga Labs, the web3 company behind several well-known …
Kering Eyewear Acquires Manufacturing Company UNT
In a move to shore up its position in the eyewear industry, Kering announced on Monday its eyewear division had acquired the French manufacturing company …
Textile-to-Textile Recycling Company Circ Closes $25 Million Investment
European retail giant Zalando, material science and digital labels maker Avery Dennison and outdoor and sportswear manufacturer Youngone participated in the funding round announced Wednesday, …
Ssense Is the Latest Fashion Company to Reduce Headcount
Ssense, a Canadian retailer that has emerged as a major contender in the online multi-brand luxury space in recent years, has laid off 138 employees, …
Beauty Retailer Morphe’s Parent Company Files for Chapter 11
Forma Brands LLC, the parent company of beauty retailer Morphe LLC, filed for bankruptcy in Delawre on Thursday as it reached a deal with lenders including Jefferies …
The Year Ahead: What a Fashion Company Looks Like in 2023
In 2023, fashion leaders have an opportunity to review their talent rosters and team structures. Despite the many challenges on the horizon, as inflation dampens …
Antoine Arnault Becomes CEO of LVMH Holding Company
Christian Dior SE, the holding company through which French billionaire Bernard Arnault and his family control luxury goods conglomerate LVMH, has named Antoine Arnault its …
Balenciaga Seeks Damages From Company That Made Controversial Ad
Kering SA’s Balenciaga is seeking at least $25 million in damages from the production company behind an ad campaign that has made the luxury fashion house the …
Marimekko’s Strategy to Scale as a Values-Driven Company
The Finnish textile and lifestyle brand Marimekko was launched in 1951 by Armi Ratia and her husband Viljo with a radical premise for post-war Finland: …
Amazon Becomes World’s First Public Company to Lose $1 Trillion in Market Value
Amazon.com Inc. is the world’s first public company to lose a trillion dollars in market value as a combination of rising inflation, tightening monetary policies …
4 Fundamental Steps to Improve Your Healthcare Company ROI
Today we want to share 4 fundamental steps to improve your healthcare company ROI. It has been shown time and again that healthcare companies who …
Priyanka Chopra Suits Up in Yuzefi at Fast Company Innovation Festival – Footwear News
Priyanka Chopra Jonas was business-ready in a royal blue suit for her speaking engagement at the 2022 Fast Company Innovation Festival. The actress and philanthropist …
Jennifer Garner Is Business-Chic In Pointy Pumps at Fast Company Event – Footwear News
Jennifer Garner spoke at the 2022 Fast Company Innovation Festival day three held in New York City today. Garner addressed the crowd, discussing her very …
Patagonia’s billionaire owner gives away company to fight climate crisis | US news
Setting a new example in environmental corporate leadership, the billionaire owner of Patagonia is giving the entire company away to fight the Earth’s climate devastation, …
Factors to Consider When Searching for a Custom T-Shirting Printing Company in Toronto
Toronto is a bustling Canadian city with a rich history, architectural mixtures, and delectable cuisines. All these are reasons why around 27.5 million tourists head …
Bernard Arnault Reorganises Holding Company to Ensure Family Control of LVMH
Bernard Arnault is reorganising his holding company as the French billionaire seeks to ensure long-term family control over LVMH, the luxury empire he’s built. Europe’s …