Paris-based couture house Giambattista Valli has entered a new chapter. On May 20, founder Giambattista Valli announced that he had regained full ownership of his namesake brand from investment company “Artémis,” returning once again as the sole owner of the Maison.
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In-depth analysis of the business, strategy, and economics shaping the global fashion and luxury industries. Covering conglomerates, market trends, startups, retail strategy, and the people driving the business of fashion.
French luxury house “Chanel” has returned to growth in its 2025 fiscal year, reporting both revenue and operating profit increases.
British luxury house Burberry is reshaping its global retail strategy. According to the company’s fiscal 2026 results for the year ended March 28, 2026, Burberry closed 21 stores while opening nine new locations, bringing its total directly operated store count to 410 worldwide.
Everlane, the San Francisco-born fashion brand once synonymous with Millennial-era “radical transparency,” is reportedly being acquired by Chinese fast-fashion giant Shein — a move that is already sending shockwaves through the fashion industry.
On May 14, LVMH Moët Hennessy Louis Vuitton announced that it has agreed to sell the American fashion brand Marc Jacobs to brand management firm WHP Global. Financial terms of the transaction were not disclosed.
Italian luxury house Giorgio Armani is reportedly exploring a plan to divide a future minority stake sale equally among LVMH, L’Oréal, and EssilorLuxottica following the death of founder Giorgio Armani.
On May 7, New York-based luxury group Tapestry, Inc., the parent company of “Coach” and…
With more than 75 maisons under its umbrella and annual revenue exceeding €80 billion, LVMH Moët Hennessy Louis Vuitton stands as the world’s most powerful luxury group. From Louis Vuitton and Dior to Tiffany & Co. and Dom Pérignon, the conglomerate controls some of the most influential luxury brands in the world. But how did LVMH become such a dominant force? This guide breaks down the group’s vast brand portfolio by business division while examining its acquisition strategy, creative leadership structure, and the latest developments shaping the company in 2026.
On May 4, U.S. beauty company Coty announced its financial results for the third quarter of fiscal year 2026. While revenue declined year-over-year, the company delivered profit ahead of expectations through disciplined cost control and optimized investment allocation.
The sequel to the 2006 hit The Devil Wears Prada, The Devil Wears Prada 2, debuted at No.1 at the North American box office.