Harrods owner Qatar Investment Authority made a gain of around $892 million when it sold shares in Tiffany & Co as part of LVMH’s $15.8 billion acquisition, according to analyst estimates and filing data.
Covid restrictions in Europe made it a tough first half for Leeds Group. However, the UK-based fabrics and haberdashery specialist managed to increase revenues and return to profit for its first six months to November.
Brunello Cucinelli, who opened the famed Florentine trade fair Pitti on Tuesday, is fashion's resident philanthropic designer entrepreneur. One of fashion's busiest men discusses his idea for a new social contract.
After an unusual 2020 strongly affected by the Covid-19 pandemic, the French luxury giant is relaunching its competition for young designers with a digital semi-final. Applications are open until 28 February.
CEO of Louis Vuitton Japan David Ponzo has been catapulted to the role of EVP for global commercial activities at LVMH's flagship brand, succeeding Anthony Ledru, who has taken over as head of Tiffany & Co.
From April, Blanca Juti will step into the role of chief communications and public affairs officer for cosmetics giant L’Oréal. Heineken Group’s current chief corporate affairs officer will take over from Lucia Dumas.
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