On June 13, LVMH announced that it had entered into a strategic partnership with Accor, owner of Orient Express trains.
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In-depth guides exploring the structure, strategies, and business dynamics shaping the global fashion and luxury industry. From luxury conglomerates to fashion week economics, this section breaks down complex industry topics into accessible, evergreen analysis.
On June 5, Dutch semiconductor equipment manufacturer ASML Holding NV surpassed LVMH in market capitalization for the first time, becoming Europe’s second-largest listed company.
Sweden’s H&M Group announced that it has been named the top brand in the “Fossil Fuel Free Fashion” ranking released in May by the environmental group Stand.earth.
Google will invest $350 million in Flipkart, India’s giant e-commerce mall, valuing the company at…
California-based beauty brand e.l.f. Beauty, Inc. announced on May 22 that its annual sales have surpassed $1.02 billion, up 77% from the previous year.
French luxury brand Chanel reported a 16% increase in sales to $19.7 billion in 2023 on a comparable basis, surging to a record high for the privately owned luxury house.
Dolce & Gabbana USA Inc. is being sued by a customer who purchased $6,000 in NFTs, including outfits for the Metaverse.
As Shein, a retailer known for its ultra-low prices, prepares for its initial public offering (IPO), questions about the working conditions at its supplier factories are growing more intense.
On May 9, Tapestry, Inc., an American conglomerate that owns brands such as Coach and Kate Spade New York, lowered its annual sales forecast due to weak sales.
Frasers Group, led by Mike Ashley, has acquired the popular British fashion brand Ted Baker and is looking to steer it as a new partner.