He has invested in Sergio Rossi and now Italian businessman Andrea Bonomi has taken a stake in Tod's to support long-term growth at the luxury goods group, a source close to the matter said on Wednesday.
Chloé has revealed a new facet of its "Love Story" women's fragrance, created in 2014. More feminine and sensual than ever, the "Love Story Eau Sensuelle" Eau de Parfum is due out in February from Chloé stockists.
Competition from year-round promotions could dampen France's winter clearance sales that start on Wednesday, a retail analyst said, predicting revenues could be flat to down 2% for the six-week ritual that ends Feb 21.
Outgoing Balenciaga boss Isabelle Guichot, who was expected to remain with parent Kering, has reached an agreement to leave the French luxury and sports group, sources close to the company told Reuters.
Victoria Beckham is said to have made a loss of £4.6m in the last fiscal year and to have been bailed out by her husband. But the bailout is part of the regular comings and goings of money for Brand Beckham, it said.