French luxury group LVMH has persuaded U.S. jewelry chain Tiffany & Co to provide it with confidential due diligence after it raised its bid to close to $16 billion, people familiar with the matter said on Wednesday.
The web is brimming with all kinds of content, and labels have understood the appeal of strong visual images and storytelling through uber-curated videos, as shown by the latest ad campaigns by Versace, Gucci and GCDS.
ABG, which acquired Volcom from Kering earlier this year, has announced that the American boardsports brand will launch its first eyewear collection next year through a partnership with Electric Visual Evolution.
Kering Group’s luxury menswear brand Brioni has named the US celebrity Brad Pitt as its new brand ambassador. The brand is also celebrating its 75th anniversary this coming year with a special event at Pitti Uomo.
Italian authorities arrested the boss of a company in the southern city of Naples that employed dozens of undocumented workers allegedly making leathergoods for some of Europe's best-known luxury groups.
Instead of leading in fashion education, Paris has historically dawdled behind its greatest rivals. Though that seems very likely to change, and quickly, thanks to a major new project launched in Paris with the IFM.