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☆ The fashion show that changed hip-hop forever
▼ + stars: | 2023-10-10 | by ( Sowmya Krishnamurthy | ) edition.cnn.com time to read: +8 min

CNN —Chanel’s 1991 Fall-Winter ready-to-wear show was set in Paris, but its soul was right off the streets of New York City. “He listens to everything, reads everything, sees everything, and then distills it into these potent fashion images.”Linda Evangelista and Karl Lagerfeld (center) walk the runway during the finale of Chanel's 1991 Fall-Winter fashion show in Paris, France. Victor Virgile/Gamma-Rapho/Getty ImagesWhat would become known colloquially as Chanel’s “hip-hop collection” was a watershed moment, the pinnacle of French prêt-à-porter (ready-to-wear) welcoming hip-hop into its sanctum. It’s unclear whether Mizrahi and the like appreciated hip-hop or saw it as a grab for cache and cash. Editor’s Note: This piece is excerpted from Sowmya Krishnamurthy’s “FASHION KILLA: How Hip-Hop Revolutionized High Fashion,” published by Gallery Books, a subsidiary of Simon & Schuster.

Persons: CNN —, Nancy Sinatra’s “, Rocky, Sylvester Stallone, Dolph Lundgren, gazed, Karen Mulder, Helena Christensen, Linda Evangelista, CHANEL, ”, glitz, “ Chanel ”, Jeans, risqué, “, Karl Lagerfeld, Lagerfeld, Tim Blanks, ” Linda Evangelista, Victor Virgile, Chanel, ” gushed Rose Marie Bravo, Isaac Mizrahi, Charlotte Neuville, Adrienne Vittadini, Randolph Duke, Norma Kamali, Arthur Hubbert, Katharine Hamnett, Rifat Ozbek, Queen Latifah, Donna Karan, Mizrahi, ” Mizrahi, Freddy, Chuck D, Flav, Al Pereira, Michael Ochs, Denise Burrows, Pat Cleveland, Dorothy “ Terri ” Springer, Gucci, Louis Vuitton, Simon, Schuster, Sowmya, Simon & Schuster Organizations: CNN, Co, Magazine, Newsweek, Penske Media, Getty, Women’s, Michael Ochs Archives, Fashion, New York Times, Gallery Books, Simon & Locations: Paris, New York City, Harlem, France, Chanel

☆ LVMH Q3 revenue rises 9%, slowing from post-pandemic frenzy
▼ + stars: | 2023-10-10 | by ( Mimosa Spencer | ) www.reuters.com time to read: +2 min

People walk past the Louis Vuitton store at Miami Design District, in Miami, Florida, U.S. November 30, 2021. REUTERS/Marco Bello Acquire Licensing RightsPARIS, Oct 10 (Reuters) - Luxury goods bellwether LVMH (LVMH.PA) reported a 9% rise in third quarter revenue on Tuesday, marking slower growth as strong wave of post-pandemic spending eases up amid a backdrop of rising inflation and economic turbulence. LVMH, which owns labels including Louis Vuitton, Dior, Tiffany and Bulgari, said that revenue came to 19.96 billion euros ($21.16 billion), up 9% year-on-year, stripping out the effect of currency fluctuations and acquisitions. The fashion and leather goods division, home to Louis Vuitton and Dior, recorded sales growth of 9%, compared to analysts' expectations for 10% growth. LVMH is facing slowing demand for high end goods in the United States and Europe, where rising prices have prompted shoppers — especially younger generations — to pull back from a post-pandemic spending euphoria, while the recovery in China has been uneven.

Persons: Louis Vuitton, Marco Bello, Tiffany, Bulgari, Hennessy, LVMH, Luca Solca, Bernstein, Mimosa Spencer, Ingrid Melander, Josie Kao Organizations: Miami Design District, REUTERS, Rights, Dior, Champagne, drugmaker Novo Nordisk, Thomson Locations: Miami , Florida, U.S, United States, Europe, China

"The recent decline in European luxury stocks reflects the uncertainty over the European economy and also the uneven growth outlook for the Chinese economy," Garnry said. Reuters GraphicsTHE LUXURY GAPAlthough luxury valuations have come down, they are still well above the rest of the market. The end of the French luxury group's 2-1/2 year-long reign was widely put down to investors losing appetite for luxury stocks as well as the growth of Novo's anti-obesity drug Wegovy. Some analysts have turned cautious on the luxury sector, with UBS last week reducing its estimates to account for the risk of slowing Chinese consumption. Gerry Fowler, head of European equity strategy and global derivative strategy at UBS, said risks in luxury stocks started to become more apparent in May.

Persons: Louis, Stephanie Lecocq, Bernard Ahkong, Peter Garnry, Garnry, LVMH, Morgan Stanley, Gerry Fowler, Bernstein, Gilles Guibout, Lucy Raitano, Mimosa Spencer, Amanda Cooper, Alexander Smith Organizations: REUTERS, Paris Fashion, U.S, UBS O'Connor Global, Alpha, Saxo Bank, Reuters Graphics, GAP, Novo Nordisk, UBS, Bank of America, AXA Investment Mangers, Thomson Locations: Paris, France, PARIS, Europe, U.S, China, United States

Birkenstock would end up raising $1.58 billion at the top of the range. While shares of Arm and Klaviyo still trade above their IPO price, Instacart's stock is now worth less than its IPO value. This helps explain why Birkenstock is not inclined to raise its IPO price range despite the strong initial investor demand. To leave less to chance, Birkenstock launched the roadshow for its IPO last week with some investors lined up. Birkenstock was founded in 1774 in the German village of Langen-Bergheim by Johannes Birkenstock and his younger brother Johann Adam Birkenstock, who were both shoemakers.

Persons: Birkenstock, Financière Agache, Johannes Birkenstock, Johann Adam Birkenstock, Barbie, Margot Robbie, Bernard Arnault, Louis Vuitton Moet Hennessy, Anirban Sen, Chris Reese Organizations: Birkenstock Holding, U.S, Arm Holdings, Nike Inc, Partners, Norges Bank Investment Management, Thomson Locations: New York, Langen, French, Birkenstock

☆ Paris Fashion Week: Highlights from the Spring-Summer 2024 runways
▼ + stars: | 2023-10-06 | by ( Samantha Tse | ) edition.cnn.com time to read: +15 min

Meanwhile over at Miu Miu, it was a heartfelt adieu to Fabio Zambernardi after more than four decades with the Prada Group; as in Milan, Miuccia Prada came out and took a bow with him one last time. Pamela Anderson attended fashion week shows sans makeup, as shown here at Vivienne Westwood. At Miu Miu, Sydney Sweeney, Emma Chamberlain, Zaya Wade and Mia Goth made for an eclectic, très-trendy front row; Cate Blanchett appeared at Louis Vuitton alongside Zendaya, who wore a dramatic white double-zipper dress that has gone viral. Issey Miyake continues to explore movement in its runway shows, this season with musicians imitating chirping and other sounds found in nature. Peter White/Getty ImagesOne of the most joyful moments on the Miu Miu runway was the accessory styling.

Persons: Milan —, Peter Do, Helmut Lang, Francesco Risso, Marni, Stefano Gallici, Ann Demeulemeester, “, Sarah Burton’s, Alexander McQueen, Burton, Lee McQueen’s, Magdalena Abakanowicz’s, McQueen, Sarah Burton, Ik Aldama, Alexander McQueen Naomi Campbell, Aldama, Anna Wintour, Tim Blanks, Gabriela Hearst, Chloe, Miu Miu, Fabio Zambernardi, Miuccia Prada, Paris Hilton, Angela Bassett, Fan Bingbing, Jared Leto, Sigourney Weaver, Cher, Usher, Chanel, Riley Keough, Jennie Kim, Blackpink, Pamela Anderson, Vivienne Westwood, JM Haedrich, Pamela Anderson forewent, Issa Rae, Francesco Risso’s, Mugler, Sydney Sweeney, Emma Chamberlain, Zaya Wade, Mia Goth, Cate Blanchett, Louis Vuitton, Zendaya, Jun Takahashi, Victor Virgile, Junya Watanabe, Casey Cadwallader, chiffon, corseted, Rick Owens, Zimmermann, charmeuse, Van Noten, Karl Lagerfeld’s, Victoria Beckham, Kim Kardashian, Kris Jenner, Issey Miyake, chirping, Valentino, FKA, Demna, Cathy Horyn, Guram Gvasalia, Amanda Lepore, Emmanuel Grégoire, Victor Lochon, Glenn Martens, Tweed, Virginie Viard, Bertrand Guay, Gabriela Hearst's, Ik, Hearst, Aitor Rosas Sune, WWD, Isidore Montag, Victoria Beckham Kendall Jenner, David, Romeo, Harper, Peter White, Bingbing, Daniele Oberrauch, Jonas Gustavsson, Karl Lagerfeld's, Miyake, Isabel Marant's, Filippo Fior, Isabel Marant, Jun, Valerio Mezzanotti, Ann Valerio Mezzanotti Junya Watanabe, Miu, Jane Birkin, Julien De Rosa, Gigi Hadid, Caliee Spaeny, Priscilla Organizations: France CNN, Milan, Paris, Prada Group, SAG, Givenchy, Champs Elysee, Louis, LVMH, Getty, Washington Post, Rugby Locations: Paris, France, New York, London, “ Paris, Polish, Brazil, Milan, Hollywood, Balenciaga, AFP, Brooklyn, Van

☆ No college, no problem. Tiffany's wants Gen Zers to make luxury jewelry.
▼ + stars: | 2023-10-05 | by ( Tim Paradis | ) www.businessinsider.com time to read: +5 min

The company's owner, luxury goods giant LVMH Moët Hennessy Louis Vuitton, is expanding a program that trains people to become artisans who can make Tiffany's high-end jewelry. The company said Thursday it's begun a two-year bench jewelry apprenticeship program involving Tiffany and the Rhode Island School of Design. The move comes as Gen Zers rethink the idea of college as costs skyrocket and US student-loan payments are resuming following a pandemic hiatus. The programs work with colleges and universities to help conduct the training. LVMH has used apprenticeship programs to help develop the skilled artisans it needs for its brands.

Persons: Tiffany, —, Moët Hennessy Louis Vuitton, Gena Smith, it's, Smith, LVMH, Johnny Vacar, It's, they'd Organizations: Service, Tiffany, Rhode Island School of Design, Data Initiative, Tiffany's, Louis Vuitton Locations: Europe, North America, Island, York, LVMH's, Japan, San Francisco

☆ At Rosemead High, generations of students were harassed or groomed for sex as they tried to get an education
▼ + stars: | 2023-10-03 | by ( Matt Drange | ) www.businessinsider.com time to read: +87 min

Students were regularly subjected to sexual harassment by Hall, two former students told me. “I feel like so many of us were victims to the culture,” one former Rosemead student told Insider. Manipulation by a trusted adult has been passed like a virus to generations of Rosemead students. AdvertisementThe Shops at Santa Anita in Arcadia have long been a local haunt for Rosemead High students. We wondered aloud whether Masiello had harassed our mother the same way he'd done to generations of Rosemead students.

Persons: Clara didn't, She'd, Alex Rai, Eric Burgess, Burgess, Rai, Clara, they'd, Rai texted, she'd, who'd, Mark Abramson, Rai didn't, Leonard Levine, — I'm, Alex Rai wasn't, wouldn't, Rosemead, RubyAnna Sare, Sare, Harlan Mayne, Mayne, Dwain Crum, he'd, colluded, Crum, Robin Torres, Torres, Edward Zuniga, Zuniga, Paul Arevalo, Kristy, Jim Hall, Hall, groped, Angela, Diane Bladen, Bladen, Michael Sullivan, Sullivan, Denton Todd, Todd, Barbara, Arevalo, Barbara said, Matt Drange, Andrew Dalton, Dalton, ” Mark Abramson, I've, Will, Suzy, Carly Sanchez, Sanchez, aren't, —, David Pitts —, Pitts, Cindy, Scriabin, David Pitts, couldn't, That's, G, You'd, It's, Wing Chan, Chan, Louis Vuitton, Justin Rosien, Rosien, Rosien texted, cringed, Jim Hall's, Don Masiello, Paul Arevalo's, Sergio Caveyo, Caveyo, Brian Day, Alex, messaged, Brian Aliff, Aliff, Nichole, I'd, scoot, Michelle, Michelle's, Michelle didn't, Sarah, Brian Bristol, didn't, Nichole's, Weeks, Herbert Ortiz, Jaime, Ortiz, Richard Daniels, Daniels, Fidel Dominguez, Rosemead High's, Larry Callaham, Masiello, Jan Herzog, Herzog, Justin Fregoso, James Eder, Fregoso, me Eder, Eder, they've, Anne Bazile, Bazile, Unbeknownst, Arevalo —, Jonathan Howard, Credentialing, Howard, Elaine Rose, Rose, El Monte Union High School District Arevalo, he's, José Gallegos, Gallegos, Billie, Jo Grant, Grant, Michael Cohen, Cohen, Santa Claus, Oz, California's, haven't, Lupe Nieves, Nieves, reenacted, faxed, Harold Greenberg, Dan Morris, Morris, Alex Valdez, J, Valdez, alums, Heidi, Guillermo, she's, Clara wasn't, Mark Matthews, Matthews, Rai groped, Janine Salanitro, Zuniga hasn't, Felipe Salazar, Salazar, Andrew Dalton's, Matt Drange’s Organizations: Business, Rosemead High School, Rosemead High, Rosemead, El Monte Union High School District, Sheriff's Department, TA, El Monte Union High School, X's, Ford, Business Insider, Casa del Rey, Nissan, Nike, Bristol, Arroyo High School, High School, Los, Los Angeles County Sheriff's Department, Perris High School, of Education, Angeles County Sheriff's Department, California, California Department of Education, Monte Union High School, Valdez, Gabrielino, Rai, Los Angeles County Sheriff's, Temple City Locations: Southern California, Rosemead, San Gabriel Valley, San Gabriel, Los Angeles, Huntington Beach, Pasadena, Bladen, California, Arevalo, Utah, Santa, Arcadia, Beverly Hills, Burgess, Bristol, Arroyo, Perris, California's, Angeles, Cindy's, Los Angeles County, Temple

☆ Anna Wintour's furious staff said Sam Bankman-Fried would 'never step foot in fashion again' after he snubbed her Met Gala invite
▼ + stars: | 2023-10-03 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

Anna Wintour invited Sam Bankman-Fried to the Met Gala during a Zoom meeting on Valentine's Day 2022. Wintour's team were furious when he ultimately snubbed the invite, per Michael Lewis' new book about FTX. After the meeting Bankman-Fried thought: "'I would have to think hard if this is a thing I want to go to,'" per the excerpt. Bankman-Fried ultimately decided not to go, but it was FTX's former head of public relations, Natalie Tien, who had to deal with the fallout with Wintour's team. AdvertisementAdvertisementLewis wrote: "Natalie was prepared for Anna Wintour's people to be disappointed when she told them that Sam wouldn't be there.

Persons: Anna Wintour, Sam Bankman, Fried, Michael Lewis, —, Anna Wintour's, FTX's, Wintour, didn't, Lewis, Louis Vuitton, Tom Ford, Natalie Tien, Natalie, Sam wouldn't, Sam, FTX Organizations: Valentine's, Service, Beverly Hilton, CBS, Alameda Research Locations: Los Angeles, America, Alameda

☆ Jean Arnault Has New Goals for Louis Vuitton Watches. Profit Isn’t One of Them.
▼ + stars: | 2023-10-02 | by ( Nick Kostov | Photography Lukas Wassmann For Wsj. Magazine | ) www.wsj.com time to read: 1 min

Jean Arnault Has New Goals for Louis Vuitton Watches. Profit Isn’t One of Them. The youngest son of Bernard Arnault is taking a risk at the LVMH brand: Making a more expensive product—and making it harder to find. “We’re not going to make a ton of money with this. It’s not going to be highly profitable at all, but it’s really about making sure that we switch the message,” says Jean Arnault of the brand’s new strategy.

Persons: Jean Arnault, Louis Vuitton, Bernard Arnault, “ We’re, It’s, ”

☆ One family’s battle to be reunited with art looted by the Nazis
▼ + stars: | 2023-10-02 | by ( Aurore Laborie | ) edition.cnn.com time to read: +14 min

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

☆ Louis Vuitton applies geometric patterns to tailored classics
▼ + stars: | 2023-10-02 | by ( Mimosa Spencer | ) www.reuters.com time to read: +1 min

[1/6] A model presents a creation by designer Nicolas Ghesquiere as part of his Spring/Summer 2024 Women's ready-to-wear collection show for fashion house Louis Vuitton during Paris Fashion Week in Paris, France, October 2, 2023. REUTERS/Stephanie Lecocq Acquire Licensing RightsPARIS, Oct 2 (Reuters) - Louis Vuitton (LVMH.PA) womenswear designer Nicolas Ghesquiere sent out a lineup of tailored styles with a geometric touch for the LVMH-owned label's spring runway show, which was held in a gutted-out building on the famous Champs Elysees in Paris. Shimmery jumpsuits with low necklines and glossy miniskirts added extra shine, while high-waisted trousers were elevated with voluminous sleeves. Paris Fashion Week winds up Tuesday, with labels including Chanel and Miu Miu. Reporting by Mimosa Spencer, Editing by Rosalba O'BrienOur Standards: The Thomson Reuters Trust Principles.

Persons: Nicolas Ghesquiere, Louis Vuitton, Stephanie Lecocq, strode, Zendaya, Louis Vuitton's, Pharrell Williams, Felix, Chanel, Miu Miu, Mimosa Spencer, Rosalba O'Brien Organizations: Paris, REUTERS, Rights, Thomson Locations: Paris, France

As the subjects of a preliminary investigation, neither Arnault nor Sarkisov are suspects and neither has been accused of wrongdoing. The investigation, apparently ongoing, will not fail to prove this.”“Besides, who can seriously imagine that Mr Bernard Arnault, who has built the leading French and European company over 40 years, would engage money laundering to expand a hotel?” Laffont added. CNN has contacted Tracfin and Sarkisov for comment. LVMH is once again Europe’s biggest company by market capitalization, after being briefly dethroned last month by Danish drugmaker Novo Nordisk (NVO). Arnault’s company encompasses luxury fashion and drinks brands such as Louis Vuitton and Moet & Chandon.

Persons: London CNN —, Bernard Arnault, ”, Arnault, Nikolai Sarkisov, Tracfin, Sarkisov, Arnault’s LVMH, Arnault’s, Jacqueline Laffont, Cheval, Laffont, Le, “, Elon Musk, Louis Vuitton, Moet, Chandon Organizations: London CNN, Paris Public Prosecutor’s Office, CNN, SNC, Bloomberg, Elon, Europe’s, Danish drugmaker Novo Nordisk Locations: Paris, London, Russian, Sarkisov, Courchevel, Blanc, Cheval Blanc, “, Danish

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

☆ Sleek silhouettes, flowers and a protest mark Hermes show in Paris
▼ + stars: | 2023-09-30 | by ( Mimosa Spencer | ) www.reuters.com time to read: +1 min

[1/5] Models present creations by designer Nadege Vanhee-Cybulski as part of her Spring/Summer 2024 Women's ready-to-wear collection show for fashion house Hermes during Paris Fashion Week in Paris, France, September 30, 2023. REUTERS/Stephanie Lecocq Acquire Licensing RightsPARIS, Sept 30 (Reuters) - Hermes artistic director Nadege Vanhee-Cybulski evoked a country garden for her spring show at Paris Fashion Week on Saturday, seating the audience among wildflowers and grassy borders as she showed sleek coats, silk skirts and slim, skin-baring dresses. Audience member Bryanboy, a digital creator whose real name is Bryan Yambao and who regularly attends runway shows, leapt out of his seat and snatched the banner away from the protester. There have been several incidents involving protesters disrupting catwalk shows this season, including at a Coach show in New York. Paris Fashion Week runs until October 3, featuring dozens of labels including Chanel and LVMH-owned Louis Vuitton.

Persons: Nadege, Hermes, Stephanie Lecocq, Nadege Vanhee, baring, Coats, Bryanboy, Bryan Yambao, gesturing, Chanel, Louis, Mimosa Spencer, Helen Popper Our Organizations: REUTERS, Rights, Paris, Reuters, Louis Vuitton, Thomson Locations: Paris, France, New York

☆ Coperni adorns futuristic lineup with AI pins at Paris Fashion Week
▼ + stars: | 2023-09-30 | by ( Mimosa Spencer | ) www.reuters.com time to read: +2 min

[1/5] Naomi Campbell presents a creation by designers Sebastien Meyer and Arnaud Vaillant as part of their Spring/Summer 2024 Women's ready-to-wear collection show for fashion brand Coperni during Paris Fashion Week in Paris, France, September 29, 2023. REUTERS/Johanna Geron Acquire Licensing RightsPARIS, Sept 30 (Reuters) - Coperni designers Sebastien Meyer and Arnaud Vaillant held their fashion week outing in a vast underground sound research centre in the heart of Paris, showcasing sporty ultra-modern styles with tech devices, the Humane Ai Pin, fastened to lapels. Models, including Naomi Campbell, emerged on the runway, moving swiftly in loose suits, sheer fitted dresses, bra tops and jeans. The label, founded in 2013, is known for generating buzz during Paris Fashion Week, last year spray painting a dress on Bella Hadid, and more recently, sending robot dogs onto the runway. Paris Fashion Week runs until Oct. 3 and features brands including Chanel, Hermes and LVMH-owned Louis Vuitton.

Persons: Naomi Campbell, Sebastien Meyer, Arnaud Vaillant, Johanna Geron, Ai, Bella Hadid, Chanel, Hermes, Louis, Mimosa Spencer, Sonali Paul Organizations: REUTERS, Rights, Puma, Louis Vuitton, Thomson Locations: Paris, France

☆ LVMH boss Bernard Arnault under investigation in Paris over Russian oligarch transactions
▼ + stars: | 2023-09-29 | by ( Elliot Smith | ) www.cnbc.com time to read: +2 min

Bernard Arnault, Chairman and CEO of LVMH Moet Hennessy Louis Vuitton, attends a news conference to present the 2022 annual results of LVMH in Paris, France, January 26, 2023. The prosecutor's office declined to comment further on the ongoing investigations. The Paris public prosecutor's office is investigating LVMH CEO Bernard Arnault over financial transactions involving Russian oligarch Nikolai Sarkisov. "All transactions were carried out by French companies, through French notaries by French lawyers on all sides. He added that neither the company nor Sarkisov had received any request for documents from French authorities.

Persons: Bernard Arnault, LVMH Moet Hennessy Louis Vuitton, Le, Sarkisov, France's, Nikolai Sarkisov, Arnault, Igor Ivanov, Ivanov, LVMH Organizations: LVMH, CNBC Locations: Paris, France, Arnault, Belgium, Courchevel

☆ Dries Van Noten shows layered tailoring at Paris Fashion Week
▼ + stars: | 2023-09-27 | by ( Elizabeth Pineau | ) www.reuters.com time to read: +2 min

[1/7] Models present creations by designer Dries Van Noten as part of his Spring/Summer 2024 Women's ready-to-wear collection show during Paris Fashion Week in Paris, France, September 27, 2023. REUTERS/Johanna Geron Acquire Licensing RightsPARIS, Sept 27 (Reuters) - Dries Van Noten unveiled a layered collection for spring, mixing patterns and sparkles into a line-up of tailored coats and loosely worn dress shirts at Paris Fashion Week on Wednesday. After the show, Van Noten trotted out for his bow, waving at the crowd, who erupted into applause. Paris Fashion Week runs until Oct. 3, featuring some of the world's biggest brands including Hermes, Chanel, Louis Vuitton and Dior. Reporting by Elizabeth Pineau; Writing by Mimosa Spencer; Editing by Alison WilliamsOur Standards: The Thomson Reuters Trust Principles.

Persons: Van Noten, Johanna Geron, strode, Ami Suzuki, Aya Suzuki, Lea Drucker, Puig, Paco Rabanne, Jean Paul Gaultier, Nina Ricci, Carolina Herrera, Charlotte, Hermes, Chanel, Louis Vuitton, Elizabeth Pineau, Mimosa Spencer, Alison Williams Organizations: Paris, REUTERS, Rights, Antwerp, Royal Academy of Fine Arts, Dior, Thomson Locations: Paris, France, Bermuda, Charlotte Tilbury

☆ Dior shows frayed edges and bare shoulders at Paris Fashion Week
▼ + stars: | 2023-09-26 | by ( Mimosa Spencer | ) www.reuters.com time to read: +2 min

[1/7] A model presents a creation by designer Maria Grazia Chiuri as part of her Spring/Summer 2024 Women's ready-to-wear collection show for fashion house Dior during Paris Fashion Week in Paris, France, September 26, 2023. "It's a reflection about image, about the narrative and how we build -- in some way -- a stereotype in our mind," Chiuri told Reuters. Chiuri used knitwear techniques to lighten the weight of a pleated skirt, and took on pointy-toed kitten heels, turning them into gladiator shoes, with rows of straps running up the leg, fastened with pearls. The LVMH-owned (LVMH.PA) fashion label's show saw onlookers angle for photos of celebrities, including Blackpink member Jisoo, Charlize Theron, Elle Macpherson and Rosalia. Paris Fashion Week, which runs until Oct. 3, features dozens of labels including Louis Vuitton, Chanel, Hermes and Saint Laurent.

Persons: Maria Grazia Chiuri, Dior, Stephanie Lecocq, baring, Chiuri, Elena Bellantoni, ” Bellantoni, jean, Queen Camilla, King, Jisoo, Charlize Theron, Elle Macpherson, Rosalia, Louis Vuitton, Chanel, Hermes, Saint Laurent, Mimosa Spencer, Alexandra Hudson Organizations: Paris, REUTERS, Rights, Reuters, Alexandra Hudson Our, Thomson Locations: Paris, France, Versailles, King Charles's

☆ Saint Laurent elevates the jumpsuit at Paris Fashion Week
▼ + stars: | 2023-09-26 | by ( Mimosa Spencer | ) www.reuters.com time to read: +1 min

[1/5] Models present creations by designer Anthony Vaccarello as part of his Spring/Summer 2024 Women's ready-to-wear collection show for fashion house Saint Laurent during Paris Fashion Week in Paris, France, September 26, 2023. Sunglasses, aviation hats and natural leather belts completed the looks, which came mostly in autumn tones of beige, olive, purple and a rusty brown. The show closed the second day of Paris Fashion Week, which has drawn fashion crowds and celebrity fans to the French capital. The catwalk shows run until Oct. 3, and feature dozens of luxury labels including Hermes, Chanel and Louis Vuitton. Reporting by Mimosa Spencer; Editing by Aurora EllisOur Standards: The Thomson Reuters Trust Principles.

Persons: Anthony Vaccarello, Saint, Johanna Geron, Saint Laurent, Hermes, Chanel, Louis Vuitton, Mimosa Spencer, Aurora Ellis Organizations: Paris, REUTERS, Rights, Paris Fashion, Thomson Locations: Paris, France, Seine

[1/5] Models present creations by the creative studio of Pierre Cardin fashion house for their Spring/Summer 2024 Women's ready-to-wear collection show during Paris Fashion Week in Paris, France, September 25, 2023. REUTERS/Stephanie Lecocq Acquire Licensing RightsPARIS, Sept 25 (Reuters) - Paris Fashion Week kicked off on Monday with a Pierre Cardin show in the headquarters of France's Communist Party, which was bathed in blue light to conjure up the colour of the ocean. It was the French label's second show at Paris Fashion Week since founder Pierre Cardin died in 2020, building on its space-age catwalk in March after a gap of more than two decades. Fashion Week, which runs until Oct. 3, will feature more than 100 designers, including Louis Vuitton, Chanel and Hermes, dozens of new international designers, as well as French fashion house Balmain whose show will go ahead despite the theft of part of its collection. Thieves seized the vehicle carrying some 50 items between a Paris airport and the label's headquarters in the French capital.

Persons: Pierre Cardin, Stephanie Lecocq, Rodrigo Basilicati Cardin, Oscar Niemeyer, Fabien Roussel, Louis Vuitton, Chanel, Hermes, Dior, Saint Laurent, Van Noten, Lanvin, Sandra Auger, Elizabeth Pineau, Geert De Clercq, Alison Williams Organizations: Paris, REUTERS, Rights, France's Communist Party, Paris Fashion, French Communist Party, Espace Niemeyer, Balmain, Thomson Locations: Paris, France, French, Givenchy

"Gucci is the opportunity to fall in love with fashion, ancora," De Sarno said in a post on Instagram in the run-up to the show, using the Italian word for "again." Debut collections can generate mixed reactions, and even positive press reviews are not always a proxy for their future commercial success. Kering shares closed 1.5% higher after the show. At their current price, Kering shares are trading at the equivalent of around 14 times expected earnings over the next 12 months, according to LSEG data. Reporting by Mimosa Spencer and Elisa Anzolin, editing by Silvia AloisiOur Standards: The Thomson Reuters Trust Principles.

Persons: Sabato De Sarno, Kering, De Sabato, Kenneth Richard, Federico Giglio, Giglio.com, Gucci, De Sarno, De, Antoine Belge, Francois, Henri Pinault, Julia Roberts, Ryan Gosling, Louis, Dior, Alessandro Michele, Marco Bizzarri, Jean, Hermes, Mimosa Spencer, Elisa Anzolin, Silvia Aloisi Organizations: luxe, Reuters, Exane BNP, fashion's, Louis Vuitton, Moncler, Thomson Locations: Milan, Italy, New York, Chengdu, Bangkok, London, Brera

☆ ‘Everyone is in the same boat’: Is designing fashion worth going into debt?
▼ + stars: | 2023-09-20 | by ( Leah Dolan | ) edition.cnn.com time to read: +8 min

Kylie Jenner is a known favorite, too, choosing a Spring-Summer 2023 look to wear during Paris Fashion Week last September; as well as posing in custom pieces for her 399 million Instagram followers. It’s as simple as that,” Findikoglu told CNN during an interview outside her east London studio on the first day of London fashion week. While 31-year-old American designer Michael Halpern — who has received two British Fashion Awards in his career — announced just last week that not only would his label be skipping London Fashion Week, but that it plans to close for good. Findikoglu believes more financial help should be available to all brands on the London fashion week schedule. I’m not going to come to the studio in my knife dress, you know?”A model walks the runway at the Dilara Findikoglu show in the avant garde knife dress during London Fashion Week February 2023.

Persons: Dilara Findikoglu, Olivia Rodrigo, Findikoglu —, —, Lady Gaga, Madonna, Bella Hadid, She’s, Margot Robbie, Barbie, Hari Nef, Kylie Jenner, Cardi, MTV VMAs, Taylor Hill, “, ” Findikoglu, I’m, she’s, ” Margot Robbie's corseted, Findikoglu, Stuart C, Wilson, Steven Stokey, Daley, S.S Daley, Michael Halpern —, ”, Loewe, Louis Vuitton, Dior, Celine, Fendi, Marc Jacobs, Gucci, Balenciaga, Alexander McQueen, Saint Laurent, David M, it’s, I’ve, Cameron Smith Organizations: CNN, London CNN, MTV, Stone Magazine, Awards, London, Central Saint Martins, Savigny Partners, Brands, British Fashion Council, BFC, Getty Locations: London, Turkey, American, Savigny, Bottega Veneta, NEWGEN, Paris

MILAN/PARIS, Sept 19 (Reuters) - Gucci creative director Sabato De Sarno takes to the runway in Milan on Friday, in a high-stakes designer debut for the Italian label’s owner, French luxury group Kering (PRTP.PA). De Sarno’s Gucci catwalk presentation – one of the industry’s most highly-anticipated shows this year – will serve as an aesthetic reset for the brand, aimed at reigniting sales, but it is also the first major test of a sweeping overhaul at Kering. The group has also taken steps to broaden its revenue sources, announcing plans to buy high end perfumer Creed in June and a 30% stake in fashion label Valentino in July. “We don’t think that a margin reset would be badly received by the market,” said Carole Madjo, analyst with Barclays. Reporting by Mimosa Spencer and Elisa Anzolin Editing by Tomasz JanowskiOur Standards: The Thomson Reuters Trust Principles.

Persons: Gucci, Sabato De Sarno, De Sarno’s Gucci, Valentino, Louis, Jean, Francois Palus, Marco Bizzarri, De Sarno’s, Bizzarri, Alessandro Michele, De Sarno's, Sabato De Sarno's, ”, Carole Madjo, Daria Werbowy, Luca Solca, Bernstein, Mimosa Spencer, Elisa Anzolin, Tomasz Janowski Organizations: MILAN, Louis Vuitton, Dior . Group, Gucci, RBC, Barclays, De, Thomson Locations: PARIS, Milan, Kering

☆ Ozempic maker Novo Nordisk isn't just Europe's second-most valuable company. It is also singlehandedly boosting Denmark's economy.
▼ + stars: | 2023-09-18 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

Ozempic-maker Novo Nordisk is Europe's second-largest company by market capitalization. It's also boosting Denmark's economy all on its own. AdvertisementAdvertisementNot only that, Novo Nordisk has also been propping up Denmark's economy all on its own. Jonas Petersen, an analyst at Denmark's statistics department, further told the AFP that the trend is "changing the picture of the economy." Denmark's statistics department and Danske Bank's Olsen did not immediately respond to requests from Insider for comment sent outside regular business hours.

Persons: It's, would've, LVMH Moët Hennessy Louis Vuitton, Elon Musk, Amy Schumer, they've, Las Olsen, Jonas Petersen, Bank's Olsen Organizations: Novo Nordisk, pharma, Service, Novo Nordisk's, Novo, Danske Bank, AFP, Nordisk Locations: Wall, Silicon, Europe

☆ Balmain Collection Robbed in Run-Up to Fashion Show, Designer Says
▼ + stars: | 2023-09-17 | by ( Sept. | At A.M. | ) www.usnews.com time to read: +1 min

PARIS (Reuters) - French fashion house Balmain has lost dozens of pieces due to be unveiled at a Paris show later this month after a lorry carrying the clothing was hijacked, its creative director Olivier Rousteing said. Rousteing said in an Instagram post that thieves seized the vehicle carrying some 50 items from Balmain's new collection between a Paris airport and the label's headquarters in the French capital. Balmain is due to present its 2024 spring-summer collection on Sept. 27 during the Paris fashion week, which features high end labels including Louis Vuitton, Dior, Chanel and Hermes. A spokesperson for Balmain confirmed that the Paris show would go ahead, declining to comment about the robbery pending an investigation. Balmain is controlled by Mayhoola, an investment vehicle backed by Qatar's royal family.

Persons: Olivier Rousteing, Rousteing, Louis Vuitton, Chanel, Hermes, Gus Trompiz, Mimosa Spencer, Tomasz Janowski Organizations: PARIS, Balmain, Dior Locations: Paris, Balmain

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