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Business

LVMH backs down on renegotiating Tiffany deal, sources say

LVMH backs down on renegotiating Tiffany deal, sources say

French luxury goods giant is not asking to renegotiate its $16.2-billion acquisition of U.S. jewelry chain Tiffany & Co after deliberating whether to do so, people familiar with the matter said on Friday.
Luxury
Business
Cross-border e-commerce: H&M, Zara, C&A, Zalando among European leaders in 2019

Cross-border e-commerce: H&M, Zara, C&A, Zalando among European leaders in 2019

European cross-border e-commerce continues to grow, with fashion a leading category and pure players grabbing the lion share of the business, while Amazon accounted for 80% of the sales generated by non-European sellers.
Fashion
Business

Chanel among foreign firms getting UK government-backed loans

Criticism is brewing in the UK media over big foreign firms, including Chanel, accessing state-backed UK loans. But the company said it would be repaid within a year and also that it hasn't used the furlough scheme. 
Luxury
Business

Rosario Toscano on launching Balmain eyewear in an industry in huge flux

Few luxury sectors are in a greater stage of flux than eyewear, where luxury giants like Kering and LVMH have both radically redrawn the business model. Meet Rosario Toscano – who just launched Balmain eyewear.
Fashion
People

Trade shows

Harrogate Fashion Week postponed to August

Harrogate Fashion Week postponed to August

Organisers of Harrogate Fashion Week announced this week that the trade show will be postponed to 23-24 August because of the coronavirus crisis and disruptions to the buying season. 
Fashion
Trade shows
JOOR links with London Fashion Week and Premium for virtual shows

JOOR links with London Fashion Week and Premium for virtual shows

Digital wholesale platform JOOR said on Wednesday that it will power key fashion industry events London Fashion Week next month and Premium Berlin in July, as well as a number of autumn fashion events.
Fashion
Trade shows

Parisian trade show Tranoï looking for new partners

In mid-April, Tranoï filed for a protection procedure to navigate the period of uncertainty caused by the Covid-19 pandemic, and is now looking for new investors to bolster its evolution.
Fashion
Trade shows

Valmont Barcelona Bridal Week to present new format in September

The bridal showcase has announced that its upcoming edition will take place on 4-10 September with a flexible and hybrid format that combines physical and digital initiatives.
Fashion
Trade shows