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☆ Potential Olympics sponsorship deal tests LVMH heir Antoine Arnault
▼ + stars: | 2023-06-14 | by ( Mimosa Spencer | ) www.reuters.com time to read: +5 min

Discussions on the Olympics deal, being negotiated by Antoine, revolve around promotions focused on LVMH as a group, its two biggest fashion labels - the Louis Vuitton and Dior brands - as well as champagne. However, the behind-the-scenes role of the oldest of Arnault’s four sons, Antoine, hasn't been widely known. Although Antoine Arnault's work shepherding LVMH's sponsorship of the Olympic Games is taking place behind closed doors, the outcome would be highly public. Steve Martin, global CEO of M&C Saatchi Sport & Entertainment, said that while LVMH is already associated with France, a formal sponsorship of the Olympics would help to further differentiate LVMH from luxury rivals. “If we get involved it would be to help out,” LVMH fashion group CEO Sidney Toledano told Reuters.

Persons: Antoine Arnault's, Antoine Arnault, Bernard Arnault's, Bernard Arnault’s, Delphine Arnault, Dior, Antoine, Louis Vuitton, Bernard Arnault, hasn't, Tony Estanguet, Cristiano Ronaldo, Lionel Messi, ”, Steve Martin, LVMH, Martin, Sidney Toledano, –, we’re, Toledano, Mimosa Spencer, Sharon Singleton Organizations: Deal, Dior, FIFA, Olympic, Saatchi Sport & Entertainment, Olympic Games, Reuters, Thomson Locations: PARIS, LVMH, Paris, France, Qatar, Atlanta, London

☆ At a time when most Americans are living paycheck to paycheck, the 'quiet luxury' trend takes over
▼ + stars: | 2023-06-10 | by ( Jessica Dickler | ) www.cnbc.com time to read: +3 min

Actress Gwyneth Paltrow enters the courtroom for her trial in Park City, Utah, March 24, 2023. Gwyneth Paltrow may have had the last word at the conclusion of her ski accident trial in March, but it was her head-to-toe "old money" look that is still echoing through society today. Also buoyed by the elite world depicted in HBO's "Succession" and Kim Kardashian's monochrome mega mansion, the "quiet luxury" trend has quickly caught on, even though, these days, most Americans are more likely to live paycheck to paycheck. What is quiet luxury? Fortunately, the quiet luxury trend is less about buying the exact item, but rather replicating the look with clothes that fit well, in neutral tones or monochrome, she said.

Persons: Gwyneth Paltrow, Rick Bowmer, Kim, Thomaï Serdari, Serdari, Paltrow, Celine, Prada, Terry Sanderson, there's Organizations: NYU's Stern School of Business, Finance, Afp, Getty, Burberry Locations: Park City , Utah

☆ Pete Davidson shows up to ‘Transformers’ premiere in a tracksuit
▼ + stars: | 2023-06-09 | by ( Leah Dolan | ) edition.cnn.com time to read: +3 min

CNN —On Monday, Pete Davidson attended at the New York premiere of “Transformers: Rise of the Beasts” — the franchise’s seventh movie, and the first starring the former “Saturday Night Live” regular. His ensemble for the red carpet? Davidson has adopted an increasingly casual approach to red carpet dressing. Davidson has recently been taking a more casual approach to red carpet dressing. And like Sandler, who is frequently pictured in casualwear alongside decidedly better-dressed female co-stars, Davidson has raised colleagues’ eyebrows on the red carpet.

Persons: Pete Davidson, Davidson, Kim Kardashian, Adam Sandler, Harry Styles, Lizzo, Britney Spears, Sandler, “, ” Davidson, Sandler’s, Jamie McCarthy, ”, “ I’m, Pete Organizations: CNN, New York, Vogue, Cannes Locations: Los Angeles, casualwear

☆ The Italian beaches putting a daily cap on summer visitors
▼ + stars: | 2023-06-01 | by ( Silvia Marchetti | ) edition.cnn.com time to read: +9 min

“We can no longer afford thousands of daily sunbathers all squeezed in one spot as in the past, it’s unsustainable.”Four beaches are affected. Cala dei Gabbiani and Cala Biriala both now have a daily cap of 300 visitors in place, while Cala Goloritze has a limit of 250 visitors per day, and Cala Mariolu, the largest of the beaches, has a daily limit of 700 people. Visitors to Cala Goloritze, which is only accessible by foot or boat, will be charged an entrance fee of six euros (US$6.5.) The entrance fee for Cala Goloritze can either be paid online, or with cash at the entrance to the inlet. Beach towel banBeach towels will not be permitted at La Pelosa Beach in Stintino, Sardinia this summer, according to local authorities.

Persons: ” Stefano Monni, Cala Biriala, Cala Goloritze, Cala Mariolu, Beachgoers, Legambiente, it’s, ”, Monni, Cala Mariuolo, he’s, pelosi, We’ve, Stintino’s, Rita Limbania Vallebella, they’d, ” Keen, Alberto Pizzoli, Filippo Mannino, Martello, Mannino, Isola, “ Organizations: CNN, Cala Locations: Sicily, Sardinia, Orosei, Baunei, Ogliastra, Cala, Italian, sunbathers, La Pelosa, Stintino, La, Isola, Italy, Pelosa, Saline, Isola dei, Lampedusa, Pelagie, AFP, Martello, Giglio, Isola del Giglio, Tuscany

☆ ‘Succession’ Is Over. Why Did We Care?
▼ + stars: | 2023-05-28 | by ( Alexis Soloski | ) www.nytimes.com time to read: +1 min

On Sunday night, with the second son, Kendall, poised to take it all, his younger sister, Shiv, betrayed him. The company would be sold to Lukas Matsson, a Swedish tech anarchocapitalist, with Shiv’s husband, Tom Wambsgans, as C.E.O. In its final season, “Succession” drew fewer than half the viewers, across all platforms, of “The Sopranos” or “Game of Thrones.” So if this was a water cooler show, that water was filtered. Yet its queasy, stinging satire of the ultrawealthy exerted an outsize influence on its audience. If you hardened your heart, or if your heart came pre-hardened, it made for a mutinous kind of comfort viewing, in which pleasure, envy and outrage could twine.

☆ Ukrainian firms venture abroad for growth as war hits home
▼ + stars: | 2023-05-19 | by ( Olena Harmash | ) www.reuters.com time to read: +6 min

The ongoing conflict has prompted several Ukrainian firms to focus abroad to reduce their reliance on a shrinking home market and to tap into the millions of people who have left. Ukraine, which had a pre-war population of about 40 million, has seen its domestic economy turned upside down, with corporate investments and growth now rare. "Our choice was to go to Poland, mainly because Poland hosts now the highest number of Ukrainians who fled from the war." In September, 8.5% of all companies opened in Poland had Ukrainian capital, compared with 0.8% in January 2022. "The main goal is to grow abroad much faster than we planned for ourselves in the pre-war period," Vovk said.

☆ There's a real-life 'Succession' drama playing out among the children of Bernard Arnault, the world's richest person and head of luxury behemoth LVMH
▼ + stars: | 2023-05-05 | by ( Pete Syme | ) www.businessinsider.com time to read: +5 min

But there's a similar legacy battle going on inside LVMH, the French luxury house run by Bernard Arnault. The children of the world's richest man are vying for influence within LVMH in a "Darwinian" fight. Showrunner Jesse Armstrong says his fictional Roy family is inspired by several famous dynasties, such as the Hearsts — the family behind Hearst Communications — and the Redstones — the controlling influence behind Paramount Global. There's still plenty of rivalry between the progeny of Bernard Arnault, CEO of luxury goods behemoth LVMH and world's richest person. The Roy family of "Succession."

☆ A $20 viral handbag that's an affordable take on the 'quiet luxury' trend was just named the hottest fashion item of 2023 so far
▼ + stars: | 2023-04-19 | by ( Mary Hanbury | ) www.businessinsider.com time to read: +3 min

A $20 Uniqlo bag that went viral on TikTok has been named the hottest product of the year so far. There are more than 87 million views of the "Uniqlo bag" on TikTok. This bag is an affordable take on the "quiet luxury" trend that is dominating fashion. There are more than 87 million views of the "Uniqlo bag" on TikTok, for example. The bag falls neatly into the quiet luxury — or stealth-luxe trend — that has become a major talking point in the fashion industry in recent months.

☆ 'Quiet luxury' is back for the first time since the Great Recession. Here's what it is and what brands stand to benefit.
▼ + stars: | 2023-04-16 | by ( Avery Hartmans | ) www.businessinsider.com time to read: +6 min

The quiet luxury trend is dominating 2023 after years of trends like "dopamine dressing." David Russell/HBOLike most other fashion trends, the move toward quiet luxury, or "stealth wealth," is part of a cycle. Liz Hafalia/The San Francisco Chronicle via Getty ImagesAt this point, quiet luxury has become so popular that even luxury brands themselves are being asked about it. She also highlighted Italian luxury house Brunello Cucinelli, French leather goods firm Hermès, and Armani, who has been doing quiet luxury for nearly two decades. If that's a bit outside your budget, there are mass-market retailers partaking in what the quiet luxury trend is promoting: durable, sustainably made clothing in timeless fabrics and silhouettes.

☆ Wearable Clothes at Last? The Top Trends From the Fall 2023 Fashion Shows
▼ + stars: | 2023-03-11 | by ( Katharine K. Zarrella | Lizzy Wholley | ) www.wsj.com time to read: +1 min

LOW-KEY LUXURY At the fall fashion shows, many designers proposed quiet, classic clothes rife with sophistication. From left: fall looks from Fendi, the Row and Loro Piana. This season put an end to that. Perhaps inspired by political and economic uncertainty, or maybe by the fact that women exist in the tangible world again, not just behind filtered screens, brands including Saint Laurent, the Row, Bottega Veneta and Fendi turned out exquisitely wearable, sometimes understated clothes. The shift in tone resonated with guests, some of whom are cautiously optimistic it might last beyond this crucial season for the brand.

☆ Luxury group LVMH's sales defy downturn as shoppers splurge
▼ + stars: | 2023-01-26 | by ( Mimosa Spencer | ) www.reuters.com time to read: +3 min

REUTERS/Marco BelloPARIS, Jan 26 (Reuters) - Luxury goods group LVMH's (LVMH.PA) sales rose 9% in the fourth quarter as shoppers in Europe and the United States splurged over the crucial holiday season, helping partly to offset COVID disruptions in China. Sales at the world's biggest luxury group reached 22.7 billion euros ($24.65 billion) in the final three months of the year, with the 9% increase on an organic basis a touch above analyst expectations for 7% growth, based on a consensus cited by UBS. LVMH has gained market share every year since 2019, its boss Bernard Arnault, the world's richest man, said. The group proposed a dividend of 12 euros per share, up from 10 euros a year ago. LVMH's shares have hit new highs this month, giving the luxury goods group a market capitalisation of 400 billion euros for the first time and cementing its lead as Europe's most valuable company.

Nudged by private equity funds, those supplying the booming luxury goods industry are now finding strength in unity. Largely family-owned and small in size, these businesses often struggle to meet the changing needs of the luxury brands they work for. "Luxury brands have been growing exponentially: our customers needed us to grow with them," said Nicola Giuntini, whose Tuscany-based company makes luxury coats and jackets for brands including Celine, Burberry (BRBY.L) and Stella McCartney. PRODUCTION NICHESItaly's manufacturing sector has also been a hunting ground for big luxury brands keen to secure their supply chain. Italian private equity firm XENON International, for example, has bet on producers of materials and finishes for luxury items which it has grouped together in MinervaHub.

PARIS, Dec 9 (Reuters) - Antoine Arnault, LVMH chairman Bernard Arnault's eldest son, was on Friday named chief executive of family holding company Christian Dior SE, replacing veteran executive Sidney Toledano and stirring speculations of succession at the group. Christian Dior is a listed company that owns the bulk of the Arnault family's stake in LVMH (LVMH.PA) , the world's largest luxury group. At LVMH, Antoine Arnault, a business school graduate and a board member since 2006, oversees the group's communications and environmental issues, driving efforts to shore up its reputation. [1/4] Antoine Arnault, CEO of Berluti, attends the Fall/Winter 2019-2020 collection show for fashion house Berluti during Men's Fashion Week in Paris, France, January 18, 2019. Alexandre Arnault, 30, is an executive at Tiffany & Co. while Frederic Arnault, 27, is chief executive of TAG Heuer.

REUTERS/Gonzalo Fuentes/File PhotoPARIS, Dec 9 (Reuters) - Antoine Arnault, the eldest son of LVMH (LVMH.PA) chairman and chief executive officer Bernard Arnault, has been named chief executive of family holding company Christian Dior SE, replacing veteran LVMH executive Sidney Toledano. Christian Dior SE is a listed company that owns the bulk of the Arnault family's stake in LVMH, the world's largest luxury group. The most visible of the five, Antoine Arnault, 45, oversees the group’s communications and environmental issues, driving efforts to shore up its reputation. The fashion label was folded into the LVMH group in 2017, and Christian Dior SE now holds 41% of LVMH, corresponding to 56% of the voting rights in the group. Alexandre Arnault, 30, is an executive at Tiffany & Co. while Frederic Arnault, 27, is chief executive officer of TAG Heuer.

☆ LVMH's Antoine Arnault: Big opportunity of growth in U.S. market
▼ + stars: | 2022-10-14 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLVMH's Antoine Arnault: Big opportunity of growth in U.S. marketChairman of Loro Piana, CEO of Berluti and Director of Communications at LVMH, Antoine Arnault speaks to CNBC's Charlotte Reed from LVMH's annual Journées Particulières event which opens the conglomerate's brand atelier doors to the public worldwide.

☆ (P) FLEXO by Florentino Delure, costumul-hibrid ce anulează categorisirea ținutelor drept casual sau business
▼ + stars: | 2021-03-30 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: +2 min

Vă invităm să vizualizați varianta FLEXO de culoare Bordeaux, prezentat de ambasadorul oficial al brand-ului, Mihai Dogotari:În contrast cu concepția tradițională conform căreia un costum la patru ace devine automat o ținută clasică, Florentino Delure vine să combată normele cu FLEXO - costumul-hibrid ce anulează categorisirea ținutelor drept CASUAL sau BUSINESS. Datorită construcției sale Zero-Gravity, acest costum devine extrem de flexibil, potrivindu-se drept mănusă pentru orice constituție corporală, reușind, în același timp, să scoată în evidență masculinitatea și stilul inovativ al purtătorului. Chiar dacă costumul FLEXO nu este o ținută pur BUSINESS, datorită construcției sale lejere, FLEXO devine o ținută potrivită atât pentru un context casual, cât și pentru întruniri mai oficiale. Pentru o apariție perfectă în costumul FLEXO, vă sugerăm asortarea acestuia cu un pulover de tip Polo din Cashmere (pentru timpuri primăvăratice mai răcoroase), sau cu un tricou Polo și o pereche de adidași (da, adidași (!) Florentino Delure rămâne unicul brand din Republica Moldova ce oferă o gamă variată de costume Business și Casual, inclusiv FLEXO, ajunse la Chișinău de la producătorii italieni cu care se colaborează încontinuu de mulți ani.

Persons: Mihai, Loro Organizations: BUSINESS, Zero, Polo, Business, Casual Locations: Bordeaux, FLEXO, Republica Moldova, Chișinău

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