The Spanish firm is entering a new era driven by a rebrand and its commitment to Paris. In 2019, a Chinese investor is expected to join the family business to boost its distribution and help it expand its product offer.
Hong Kong has taken over from New York as the city with the most expensive street as far as retail rents are concerned but Paris and London rents are growing fastest for luxury labels, two new reports show.
LVMH are being very, very nice to Celine and Hedi Slimane. The group just handed over the former Dior Homme boutique on high-traffic corner of Paris' rue François 1er and rue Marignan to Celine for a new store.