Tiffany, LVMH showdown playing out in vicious counteracting press releases
French luxury conglomerate LVMH and U.S. jeweler Tiffany & Co. are heavily engaged in a war of words after the $16.2 billion deal between the two fell apart Sept. 9.
French luxury conglomerate LVMH and U.S. jeweler Tiffany & Co. are heavily engaged in a war of words after the $16.2 billion deal between the two fell apart Sept. 9.
No one knows when the COVID-19 crisis will be contained or when consumers will feel safe again. The CEOs I have talked to over the past few weeks are estimating between the spring of 2021 and mid-2022.
British designer Kim Jones has taken on more responsibility within the LVMH family by being named artistic director of haute couture, ready-to-wear and fur collections at Roman fashion and leather goods house Fendi.
The $16.2 billion deal to acquire jeweler Tiffany & Co. fell through Sept. 9 when potential acquirer, luxury conglomerate LVMH, backed out after citing threats of taxes on French products by the United States.
When the coronavirus pandemic suddenly and swiftly halted business as usual, it also upended the traditional and venerable fashion calendar — forcing major fashion weeks to go to digital.
Even while consumers stay closer to home during the ongoing coronavirus pandemic, many have made smartphones their primary digital devices — and brands should adjust their marketing to meet this important shift.
Saying that luxury is synonymous with innovation might sound odd at first. After all, many define luxury with words such as “status,” “fine materials” and “expensive.”
This summer, bag and accessories label By Far took Chinese social media by storm despite the COVID-19 pandemic.
For COVID-19-hit luxury groups that have seen their European and North American stores record a trickle of shoppers this year – if their stores were open at all – boutiques in China have propped up total revenue to a significant degree this year.
Italian fashion and leather goods maker Salvatore Ferragamo is joining the parade of luxury brands dabbling in podcasts with its own series honoring its eponymous founder and his legend