Bernard Arnault, the majority shareholder of luxury group LVMH, has published the financial statements of his personal holding company, Groupe Arnault, after being taken to court by the PCF’s secretary Fabien Roussel.
The French distance-selling menswear specialist, bought last June by Latour Capital, has expanded into 11 countries over the course of 20 years. In 2020, it is entering northern Europe, ahead of a push for the USA.
At 24 years old, Spanish fashion designer Domingo Rodríguez is making waves on the world stage through a skilled social media approach and celebrity partnerships with the likes of Lady Gaga and Taylor Swift.
H&M Group is diving deep into fashion rental and is now testing subscription rental in China though its innovation department The Laboratory, as well as its COS label and Chinese subscription rental company YCloset.
Brands are racing to establish their sustainability credentials and on Friday, Mulberry announced that it has launched its first 100% sustainable leather bag, with all proceeds going to a conservation charity.
Primark owner Associated British Foods issued one of the briefest trading updates we’ve seen on Friday — ahead of its annual general meeting — and it didn’t really tell us much about how trading is going at present.
Iconix Brand Group founder and former CEO Neil Cole has been charged with accounting fraud, while the former chief operating officer has pleaded guilty to related charges and is cooperating with authorities.
The American cosmetics retailer announced increased sales and diluted earnings per share for the third quarter on Thursday, beating analysts’ expectations and sending shares in the company up 8% in the extended session.