Arnault says he hopes tensions with China on Lluxury quiet down

By Bloomberg Published Apr 18, 2024 Billionaire Bernard Arnault said he hopes a planned visit to France next month by China’s Xi Jinping will help smooth trade relations between Paris and Beijing. Bernard Arnault “I hope the economic tensions will quiet down and that we can continue a solid economic collaboration with China,” Arnault, the […]

16 Luxe Designer Handbags From Fashionphile to Shop for Less

Shopping for pre-loved designer handbags has always been a fun hobby of mine. I love the challenge of scouring thousands of items to find the best deals on luxe pieces in mint condition. This is one of the many reasons I love Fashionphile, a brand that buys and sells pre-owned, authentic designer goods. The site […]

Swiss watch exports plunge as China and Hong Kong demand dries up

By Bloomberg Published Apr 18, 2024 Monthly Swiss watch exports suffered their biggest decline since 2020 as demand for premium and luxury timepieces in key markets including China and Hong Kong plunged. DR Exports dropped 16% by value in March to 2 billion Swiss francs ($2.2 billion) from a year earlier, the Federation of the […]

Princess Diana’s dresses on display in Hong Kong ahead of auction

By AFP Published Apr 18, 2024 Shoulder-padded, daffodil yellow and accented with gleaming gold buttons — a very of-its-time suit Princess Diana wore during her 1989 trip to Hong Kong is now among six outfits on display in the former British colony. The suit on display in Hong Kong – Peter Parks / AFP The […]

BFC Foundation appoints Andin Fonyonga to board of trustees

By Fibre2Fashion Published Apr 18, 2024 The BFC Foundation has welcomed Andin Fonyonga to its board of trustees. Fonyonga joins fellow trustees David Pemsel, Pam Batty, Laura Strain and Caroline Rush. Fonyonga is a senior lawyer and fashion enthusiast who leads a legal and compliance function for a global e-commerce fashion retailer. She has over […]

Boohoo uses AI for search and merchandising

As artificial intelligence (AI)  continues to make its mark across the fashion landscape, Boohoo Group has now expanded its tie-up with cloud-based e-commerce experience platform Bloomreach. PLT Adding to Bloomreach’s omnichannel marketing automation, the fashion retail giant is now using its AI-powered search and merchandising tools across multiple brands including, Boohoo, Boohoo Man, and Karen Millen. Since […]

Spanish cosmetics group Puig seeks to raise up to 2.9 billion euros in IPO

By Reuters API Published Apr 18, 2024 Spanish perfume and fashion company Puig said on Thursday it aims to raise between 2.3 billion euros ($2.46 billion) and 2.9 billion euros in Spain’s largest initial public offering in almost a decade. The maker of Paco Rabanne and Carolina Herrera fragrances is offering to sell its shares […]

Two more Arnault heirs join LVMH board

By Reuters API Published Apr 18, 2024 Two of LVMH Chairman and CEO Bernard Arnault‘s sons and heirs were named to the board of the luxury goods conglomerate on Thursday, reinforcing the family’s hold on the sprawling empire which spans fashion, jewellery and hotels. Shareholders approved the nominations of Alexandre Arnault, 31, and Frederic Arnault, […]

Valentino is new International Booker Prize event sponsor

Valentino has formed a new cultural partnership and has been announced as the sponsor of the International Booker Prize 2024 ceremony. The company said the new partnership is “designed to give the world’s best storytellers the broad cultural status they deserve”. The Booker Prizes are the world’s top literary fiction prizes, synonymous with the Oscars […]