On June 25, California-based online retailer Revolve Group, Inc. announced that it had acquired a majority stake in French luxury couture house Alexandre Vauthier.
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On June 13, LVMH announced that it had entered into a strategic partnership with Accor, owner of Orient Express trains.
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.
On May 27, French luxury conglomerate LVMH announced the appointment of Pierre-Emmanuel Angeloglou as the new CEO of Fendi.
Google will invest $350 million in Flipkart, India’s giant e-commerce mall, valuing the company at…
Vestiaire Collective, the giant French resale platform, recently appointed Rickie De Sole to its Board of Directors.
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.