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LVMH

Fashion superstar Slimane to take over

Paris - Al Maghrib Today

Hedi Slimane, the designer who pioneered the skinny look at Dior and Saint Laurent, is to take over at Celine, the brand's owners said Sunday. The 49-year-old French-born creator is one of fashion's biggest and most enigmatic names, and his future has been surrounded by speculation since he walked away from Saint Laurent last year. The luxury giant LVMH, whichRead more

Jonathan Anderson seeks 'sanctuary'

London - Al Maghrib Today

Is the world becoming "hysterical"? British fashion designer Jonathan Anderson thinks so and offered an antidote with his new collection at London Fashion Week on Saturday, giving women a "sanctuary". The 33-year-old designer's creations had a zen-like quality emphasising comfort, though not without elegance and even a bit of impertinence. Anderson's shows are among the most closely-followed at London FashionRead more

Hermes sees risk from strong euro after record first half

Paris - Al Maghrib Today

Luxury goods maker Hermes cautioned on Thursday that a strong euro could hamper its ability to maintain record high profitability achieved in the first half as demand recovered. Hermes and rivals such as LVMH and Kering have all started to see rising demand in mainland China and improving tourist spending in Europe, but the euro’s strengthening this year has raisedRead more

Giants ban ultra-thin models

Paris - Al Maghrib Today

A host of French-owned fashion labels spanning Christian Dior to Saint Laurent pledged Wednesday to ban ultra-thin models from their advertising and catwalk shows following criticism that the industry encourages anorexia. French holding companies LVMH and Kering, which own dozens of top brands between them, unveiled a charter "to ensure the well-being of models" which will also outlaw the hiringRead more

Carla Fendi, face of famous Italian luxury brand, dies aged 79

Rome - Al Maghrib Today

Carla Fendi, one of the five Italian sisters who transformed their parents’ small leather workshop into an international luxury fashion powerhouse, has died at the age of 79, the family said on Tuesday. Fendi, who died late on Monday and was the fourth of the sisters, was the public face of the company famous for its line of colorful “baguette”Read more

LVMH bags Christian Dior Couture

Paris - Arab Today

The world's top luxury company LVMH said Tuesday it plans take full control of Christian Dior in order to harness the "high growth potential" of "one of the world's most iconic brands," whose sales have doubled over the past five years. LVMH, which already owns Christian Dior perfumes, said in a statement it had now agreed to buy Christian DiorRead more

LVMH to unite all brands via The Industry

London - Arab Today

Luxury conglomerate LVMH plans to launch an e-commerce site that would bring together all of its luxury labels under the brand name of its department store Le Bon Marché. According to a report in the Financial Times, the site will not only offer LVMH-owned brands, which include Louis Vuitton, Céline, Marc Jacobs, Loewe and Nicholas Kirkwood, but also non-LVMH-owned brands.Read more

LVMH to re-enlist Frank Gehry for applied arts centre

Paris - AFP

LVMH will tap architect Frank Gehry once again to create a centre for applied arts beside his Louis Vuitton Foundation, the luxury group and the City of Paris announced Wednesday. The celebrated Canadian-American architect, 88, will be tasked with renovating and transforming a disused museum located a stone's throw from the futuristic Foundation he built on the western edge ofRead more

LVMH bags German luggage maker RIMOWA

Paris - AFP

French luxury group LVMH said Tuesday it had acquired a majority percent stake in German premium luggage manufacturer RIMOWA for 640 million euros ($716 million). The Cologne-based company, known for its lightweight aluminium suitcases, will continue to be run by Dieter Morszeck, the grandson of the RIMOWA's founder, who will also retain an equity stake. "We share with Dieter MorszeckRead more