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The Federal Trade Commission is preparing to sue to block a luxury fashion mega merger, Tapestry’s $8.5 billion takeover of Capri Holdings, two people with knowledge of the matter said. The F.T.C.’s five commissioners are expected to meet next week to discuss the case, a move that could precede a formal vote on whether to file a lawsuit, the people said. The people, who were not authorized to discuss the deliberations, said that it was still possible that the agency could opt not to sue. Monopoly cases in the fashion industry are rare, because there is no shortage of new labels looking to undercut legacy brands. “It is the paradigmatic part of the economy where there is ample competition,” said Howard Hogan, the chair of the fashion, retail and consumer practice at the law firm Gibson Dunn.
Persons: , Kate Spade, Capri’s Versace, Michael Kors, Louis Vuitton’s, , Howard Hogan, Gibson Dunn Organizations: Federal Trade Commission, Capri Holdings, Gucci, Monopoly Locations: American
Beyoncé approves of cowboycore
  + stars: | 2024-02-16 | by ( Leah Dolan | ) edition.cnn.com   time to read: +4 min
Completing her look were a pair of aviator-style shades, an embellished head scarf and a stone-colored cowboy hat. In fact, Beyoncé hasn’t been without a cowboy hat in nearly two weeks. On TikTok #cowboycore has 11.4 million views and counting, where users video themselves styling a wide-brimmed rancher cap or, as in one video, pairing vintage leather chaps with a belted trench coat. Cowboy boots, for one, were plucked from their country context and thrust onto the urban streets of metropolitan cities years ago. The embroidered leather boots have been a mainstay of the style set ever since, transcending over the years from a subversive statement piece to something more timeless.
Persons: , Houston , Texas —, Gaurav, Beyoncé hasn’t, Louis Vuitton, Stetson, There’s, Sunday Beyoncé, James Devaney, Bella Hadid, Tito, Hadid, klaxon, Kim Kardashian, Louis Vuitton’s, Tom Ford, Suzanne Plunkett, They’ve, Marilyn Monroe, Princess Diana, Britney Spears, Kate Moss, Celine, Raf Simons Organizations: CNN, Bushwick, New York, Sunday, Super Bowl, London Fashion, Reuters Locations: New, Houston , Texas, Texas, Weatherford , Texas, Paris
CNN —Carrying lunch into the office from home can be one way to save money — except, perhaps, when it is stored in Pharrell Williams’ Louis Vuitton sandwich bag costing over $3,000. Model Anna Ewers carried the sandwich bag during Pharrell Williams' debut show for Louis Vuitton in Paris in June 2023. But it’s not the first time that Louis Vuitton has drawn inspiration from everyday (and, traditionally, much cheaper) accessories. In its Spring-Summer 2007 collection, the fashion house paid homage to the budget-friendly checkered plastic laundry bags beloved the world over. In 2022, the brand also released a cross-body bag resembling a paint can (complete with metal handle), “decorated with playful references to Louis Vuitton’s heritage.”In 2007, Louis Vuitton paid homage to the humble laundry bag.
Persons: Pharrell Williams, Louis Vuitton, Williams, Anna Ewers, Louis, Giovanni Giannoni, , it’s, Louis Vuitton’s, Francois Guillot, Virgil Abloh, , Marcel Duchamp —, Ashish Gupta, ” “ It’s, ” Gupta, , Balenciaga Organizations: CNN, Louis Vuitton, West Hollywood, Getty Locations: Paris, Pont, West, AFP
Louis Vuitton Doubles Down on Chinese Consumers
  + stars: | 2023-12-01 | by ( Nick Kostov | ) www.wsj.com   time to read: 1 min
HONG KONG—For one night only, this city’s famed promenade along the waterfront was converted into a sandy shoreline. Louis Vuitton, the Parisian luxury powerhouse, staged a glitzy fashion show in Hong Kong Thursday evening, with a front row studded with Chinese celebrities, music by the brand’s menswear creative director Pharrell Williams and models marching along the fabricated seaboard in sailor uniforms and surfer wetsuits. The blowout affair—Louis Vuitton’s first show in Hong Kong—asserted LVMH’s commitment to courting Chinese shoppers and projecting confidence in what is one of the world’s largest markets for luxury goods.
Persons: Louis Vuitton, Pharrell Williams, wetsuits, — Louis Vuitton’s, Hong Kong — Locations: HONG KONG, Louis, Hong Kong
Many of the looks were completed with naval accessories, like raffia bucket hats and Louis Vuitton Keepall 25 bag hand-embrodiered with seashells. Musician Ma Siwei and actor Dylan Wang at the Louis Vuitton Men's fashion show in Hong Kong, China. Louis Vuitton opened its first boutique in Hong Kong in 1979. Many of the looks were completed with naval accessories, like raffia bucket hats and Louis Vuitton Keepall 25 bag hand-embrodiered with seashells. “I definitely knew I wanted Hong Kong to be my second stop after Paris,” he said of his Louis Vuitton show schedule.
Persons: Hong Kong CNN — Louis Vuitton’s, Pharrell Williams, Pont, Hong, Anson Lo, Song, , Williams, ” —, , Louis Vuitton, Ma Siwei, Dylan Wang, Billy H.C, Kwok, Virgil Abloh, Louise Delmotte, , Louis Vuitton’s, junkboat, Dior, Louis Vuitton's, Lam Yik, Tyrone Siu, Reuters Louis Vuitton’s, Lorraine Schwartz, it’s, ” Williams, “ You’re Organizations: Hong Kong CNN, Hollywood, CNN, Louis, Paris, Vuitton, National Security Law, Hong Kong Tourism Board, , Bloomberg, Getty, K11 Group, Stars, Victoria, Reuters, Reuters Louis Vuitton’s womenswear Locations: Hong Kong, Asia, Hong, Victoria Harbour, American, Paris, Hawaii, China, Victoria Dockside, Huangpu, Shanghai, South Korea
Inside Pharrell’s Celebrity Auction House Gamble
  + stars: | 2023-11-21 | by ( Jacob Gallagher | ) www.wsj.com   time to read: 1 min
Louis Vuitton’s mammoth monogram luggage already sells for tens of thousands of dollars on the resale market. But you know what makes a trunk even more valuable? If it was previously owned by Pharrell Williams. Late last year, the Grammy winner and men’s creative director of Louis Vuitton added to his already jammed schedule by opening Joopiter, his very own auction house.
Persons: Louis, Pharrell Williams, Louis Vuitton
Jean Arnault was standing in a gilded, mirrored room of Paris’s Musée d’Orsay showing off Louis Vuitton’s newest watch model to a clutch of experts one July morning. The thin unisex watch, named the Tambour, was the result of almost two years of work. But the most valuable Tambour in the building wasn’t on display with the others. His version was made of a rare metal, tantalum. “We’re only going to make one,” Arnault said.
Persons: Jean Arnault, Louis, We’re, ” Arnault,
Sales Slow at Louis Vuitton’s Owner as China Sputters
  + stars: | 2023-10-10 | by ( Nick Kostov | ) www.wsj.com   time to read: 1 min
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Persons: Dow Jones Organizations: louis
The lawyer — Laurence Eisenstein, whose firm works to recover artwork looted by the Nazis — said he’d been speaking to a British scholar who’d come across the name René Gimpel in art collectors’ archives. Thousands of objects lost or lootedAs well as being a famous gallerist of his time, René Gimpel was a very well-connected man. Captured sometime between 1916 and 1933, it showed the three Derain paintings in question hanging on the art dealer’s wall. In 2020, seven years after they began their fight, the Gimpel heirs were finally reunited with the three Derain paintings. Dumas said this is often not the case for Jewish families trying to recover their ancestors’ stolen art.
Persons: Claire Gimpel’s, — Laurence Eisenstein, , he’d, who’d, René, Eisenstein, Claire, Ian Locke, ” Claire, he’s, André Derain, Claude Monet, René Gimpel, Clarisse Vuitton, Louis Vuitton’s, Monet, Georges Braque, Henri Matisse, Pablo Picasso, Marcel Proust, Johannes Vermeer, , Monte, Odile Firer, — René, — Locke, Hôtel Doucet, , “ I’m, Palais Bourbon —, Locke, , Crécy, Corinne Hershkovitch, ” Hershkovitch, Sarah Tilotta, Margaux Dumas, Diderot, Derain, Benoît Payan, Payan, Dumas, Marseille's, Benoit Payan, Gimpel, Alain Robert, SIPA, They’re Organizations: France CNN —, CNN, Gestapo, Europe —, Palais Bourbon, Chapelle, Ministry of Culture, French Ministry of Culture, University Paris, Technical University Berlin, Smithsonian Archives, American Art, Mayor, French Ministry of, Belgium ”, Locations: Paris, France, British, French, Gimpel, Vichy France, Cannes, French Vichy, Neuengamme, Hamburg, Europe, Spontini, German, Nice, Troyes, Marseille, René’s Paris, Vichy, Belgium
The heat outside mirrored the fervor inside, as Vuitton proved, once again, that in the world of fashion, it's an unstoppable force. ACTIVISTS TARGET LOUIS VUITTON DURING PARIS FASHION WEEKJust before Louis Vuitton’s anticipated show, environmental activists from “Dernière Rénovation” sprayed the brand’s Champs-Elysées storefront with orange paint. According to social media, to challenge the luxury brands of Paris Fashion Week and the wealthy attending the specific event. Another proudly showcased the real seaweed – yes, seaweed – that went into crafting a striking 70s macrame dress. Stella’s Sustainable Market showcased her dedication to innovative materials, complemented by English sculptor Andrew Logan’s artistry.
Persons: Louis Vuitton’s, Zendaya, Cate Blanchett, Jennifer Connelly, Paul Bettany, Jaden Smith, Vuitton, Stella McCartney, Nicolas Ghesquière, Ghesquière’s, Armani, LOUIS VUITTON, , , influencer Jeremstar, Robert Downey Jr, “ Emily, Ashley Park, Anna Wintour, Breteuil, Stella, Linda McCartney, , basked, McCartney, Andrew Logan’s, STELLA MCCARTNEY, ” McCartney Organizations: PARIS, harlequins, Paris Fashion Locations: City of Light, Paris, yore, PARIS, Camden
Plant-based plastic, that is. However, the environmental benefits of plant-based plastics are increasingly appealing to companies promising to use more sustainable materials by the end of the decade. Plants absorb the atmosphere’s carbon dioxide, which cuts the greenhouse-gas emissions from making bioplastics to at least half that of fossil-fuel-based plastics. A Lululemon shirt containing plant-based nylon. Only plant-based plastics that are chemically identical to fossil-fuel–based versions can enter the existing and growing recycling infrastructure.
Persons: Bioplastics haven’t, Michael Carus, , ” Carus, Eastman, Chris Killian, bioplastics, Warby Parker, , Biden, Manav, olefins, Dow, bioethylene, LVMH Moët Hennessy Louis, Haley Lowry, Dieter Holger Organizations: Sustainable Business, Kodak, U.S . Defense Department, European, dieter.holger Locations: China, Japan, biomanufacturing, U.S, Iowa
At one point, it seemed like he might give up on the conversation altogether. “I mean, do you like listening to yourself on voice mail?”Williams, 50, was raised in Virginia Beach by his father, Pharaoh, a handyman, and his mother, Carolyn, a teacher. A dedicated polymath who shifts between styles, genres and media, Williams is his best, most creative self in the presence of water. He grew up in a housing project called Atlantis, right by the beach; today, he holds an annual music and art festival in Virginia Beach called Something in the Water. And when he’s not in Miami on Biscayne Bay, he spends his time in Paris, where he has a music studio at the LVMH headquarters overlooking the Seine.
Persons: Pharrell Williams, Virgil Abloh, Louis Vuitton’s, Justin Timberlake’s, , Karl Lagerfeld, “ Karl ” —, ’ ”, Pont, ” Williams, Pharaoh, Carolyn, Chad Hugo, Funk, Williams, he’s Organizations: Neptunes, Motown Locations: Virginia Beach, Miami, Biscayne Bay, Paris, Seine
CNN —A minuscule handbag measuring just 657 by 222 by 700 microns (or less than 0.03 inches wide) sold for over $63,000 at an online auction Wednesday. Barely visible to the human eye, the fluorescent yellowish-green bag is based on a popular Louis Vuitton design — though it is the work of a New York art collective, not the luxury label itself. Microscopic 'Louis Vuitton' handbag sold for $63K at an auction, the latest project from art collective MSCHF. MSCHFThe sale was hosted by Joopiter, an online auction house founded by American musician, record producer and designer Pharrell Williams. “Pharrell loves big hats, so we made him an incredibly small bag,” he told the newspaper.
Persons: Louis, Louis Vuitton, Pharrell Williams, Williams, Louis Vuitton’s, Kevin Wiesner, “ Pharrell, MSCHF, , Andy Warhol, Damian Hirst, Birkin, Iggy Azalea, Janelle Monáe, Organizations: CNN, Louis Vuitton, Joopiter, New York Times, Nike Locations: New York, Brooklyn, American
CNN —With multiple bags and a baby bump protruding from an unbuttoned jacket, Rihanna’s maternity style has reached new heights in Louis Vuitton’s latest campaign. Rihanna pictured carrying various versions of Pharrell Williams' reimagined Louis Vuitton Speedy bag. In several of the campaign pictures she is seen wearing Louis Vuitton garments bearing the checkerboard motif that featured heavily in the label’s star-studded Spring-Summer 2024 show last Tuesday. The singer was one of several A-list celebrities in attendance that evening, which marked Williams’ Louis Vuitton debut. Pharrell Williams acknowledges the audience at the end of his Louis Vuitton Menswear Spring-Summer 2024 show.
Persons: Louis Vuitton’s, Pharrell Williams, Louis Vuitton, Virgil Abloh, Rihanna, Louis, Kitajima, Martine Syms, Keizo Kitajima, Williams, , Stefano Rellandini, ” Williams, Audrey Hepburn, Organizations: CNN, Louis Vuitton Locations: Paris, New York City, AFP
RECENTLY, while pondering how men could dress sexily—a rarely discussed topic—in 2023, we took a moment to ask ourselves which looks wannabe charmers should definitely avoid. Suggestions flew back and forth in a flurry: “Terry-cloth one-piece rompers?” ventured one editor, only to be reminded that Sean Connery as James Bond managed to make a similar look appear quite hot. As someone pointed out, this, too, can smolder—see Louis Vuitton’s deeply cool, pixelated take on the pattern for Spring 2024. “Floor-length leather coats a la ‘The Matrix’?” Now we were getting somewhere. “Gladiator sandals?” Well, yes, but not exactly a go-to look for middle-management types, or frankly anyone.
Persons: Terry, , Sean Connery, James Bond, , Louis Vuitton’s
Pharrell Williams, Louis Vuitton’s New Don
  + stars: | 2023-06-18 | by ( Jon Caramanica | ) www.nytimes.com   time to read: +1 min
Earlier this month, Pharrell Williams was in the men’s atelier on the second floor of Louis Vuitton’s corporate office in Paris, sunglasses on, surveying his new perch. “This window is different.”The window by his desk looks out over the small plaza on the north side of the Pont Neuf, where in just a couple of weeks, his first show as Louis Vuitton men’s creative director would take place. A 50-foot statue of the artist Yayoi Kusama, a Vuitton collaborator, hovered just outside. The rapper Pusha T and the streetwear innovator Nigo were milling about. I mean, the Seine River right there — it’s like the moat.”
Persons: Pharrell Williams, Louis Vuitton’s, , Pont, Louis Vuitton, Pusha, Williams’s, Locations: Paris, Seine
What Is This? A Handbag for Ants?
  + stars: | 2023-06-13 | by ( Callie Holtermann | ) www.nytimes.com   time to read: +1 min
MSCHF, the creative collective responsible for the Big Red Boots that clomped across New York Fashion Week in February, is thinking smaller for its next accessory release. On Wednesday, the group plans to unveil its Microscopic Handbag, a specklike rendition of Louis Vuitton’s OnTheGo tote. This is not the kind of tote bag that can be filled up with vegetables at the farmers’ market: At most, it could be used to carry around a platelet or two. Kevin Wiesner, the chief creative officer of MSCHF, positioned the bag as a commentary on the impracticality of ever-shrinking luxury handbags. “I think ‘bag’ is a funny object because it derives from something rigorously functional,” he said in an interview.
Persons: Louis Vuitton’s OnTheGo, Louis Vuitton, Kevin Wiesner Organizations: Big Red, New York, Louis Vuitton’s OnTheGo tote Locations: New
Big Bow Energy: Fashion’s Latest Power Statement
  + stars: | 2023-04-01 | by ( Kristen Bateman | ) www.wsj.com   time to read: +1 min
TURN OF THE TIED From left: power bows at Louis Vuitton’s spring 2023 show, Acne Studios’s spring 2023 show and on Simone Rocha’s fall 2023 runway. Look to the red satin bows that drenched diaphanous black dresses on London designer Simone Rocha’s latest runway. Big black bows playfully obscured models’ torsos at Acne Studios’s spring 2023 show. And during its latest Paris presentation, Japanese brand Noir Kei Ninomiya used sparkly pink or black loops to adorn harnesses that evoked bondage. Designer Kei Ninomiya said he’s intrigued by the way bows “represent something positive, as well as the variety of shapes and expressions that they can convey.” Feel-good harnesses, anyone?
Louis Vuitton’s Formula for World Domination
  + stars: | 2023-02-11 | by ( Nick Kostov | ) www.wsj.com   time to read: 1 min
PARIS—Louis Vuitton constructed a vast makeshift warehouse in the courtyard of the Louvre to house its recent menswear show. Hundreds of K-pop fans trying to get a glimpse of star Jung Hoseok , better known as J-Hope from BTS, lined the streets. The guest list was designed to attract global attention: Hong Kong pop singer Jackson Wang , Los Angeles rapper Tyga and Mia Khalifa , a Lebanese-born pornographic actress turned social-media influencer. J-Hope, Usher and “Emily in Paris” actor Lucien Laviscount took their front-row seats not far from Bernard Arnault , the chairman and chief executive of LVMH Moët Hennessy Louis Vuitton SA, together with his wife and four of his five children, all of whom work for the company.
Luxury brands have a lot riding on how Chinese shoppers behave as they emerge from Covid-19 lockdowns. The industry’s most powerful company can’t give a clear read on their mood yet. On Thursday, Paris-based LVMH Moët Hennessy Louis Vuitton reported its second consecutive year of record annual sales and profit. The company’s most important brand, Louis Vuitton, passed the €20 billion sales milestone for the first time in 2022, equivalent to $21.78 billion at Thursday’s exchange rate. LVMH founder and world’s richest man Bernard Arnault also gave an update on progress at Tiffany & Co. Operating profit at the U.S. jewelry brand have doubled since LVMH paid $16 billion for it in 2021 in the luxury industry’s most expensive takeover to date.
“THEY’RE VERY NICE, inspiring weirdos.” That’s how Louis Vuitton women’s artistic director Nicolas Ghesquière describes his fashion-industry peers. Growing up in France’s relatively remote Loire Valley, Mr. Ghesquière, 51, dreamed of being one such weirdo. He’d watch fashion programs on TV, special-order magazines with his mother and customize friends’ clothes. “As a kid [fashion] was my way of expressing myself,” recalled the Paris-based designer. Since 2013, he’s been at Vuitton, whose new spring 2023 collection was shown in Paris earlier this month at the Louvre Museum’s Cour Carrée.
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