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A potential strategic divestment.
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Even though its fashion and leather goods business saw a decline.
Prioritizing a sale to LVMH, L’Oréal, or EssilorLuxottica, or other similar companies.
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In the 12th edition of the ceremony, Soshiotsuki was awarded the LVMH Prize, Steve O Smith was awarded the Karl Lagerfeld Prize and the Savoir-Faire Prize went home with Torishéju.
From quiet luxury evening attire to tailored workwear fusions, Pharrell’s new formal collection is a versatile vision of the modern dandy.
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The 15% duty on US-bound goods fuels the already uncertain landscape for houses like Louis Vuitton, Gucci, Chanel, and Hermes.
For $1B USD, Authentic Brands, Bluestar Alliance, or WHP Global could be the brand’s next parent.
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A combination of economic headwinds, data breaches, and labor scandals continues to set the parent company of Louis Vuitton, Dior, Loewe, and Celine back.
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