The French luxury group LVMH moved a step closer Monday to acquiring Les Echos after the financial newspaper's owners, the British group Pearson, announced an end to consulations with the paper's employees.
Italian designer Valentino received a standing ovation from a packed room for his last ever ready-to-wear show in Paris on Wednesday, October 3rd, having announced his retirement after 45 years in the business.
A little black dress and a Soviet painting, gold embroidery and Russian icons: fashion and art are brought together at an exhibition devoted to French fashion house Chanel that opened here on Thursday, September 18th.
After one of northern Europe's wettest summers on record, fashion designers showing in Milan this week are confidently predicting more seasonal sunshine next year for their airy, light-as-a-feather creations.
Gucci, which Texan designer Tom Ford put on the international fashion map with his steamy, overt sexuality, has taken a step back in time to revisit the more restrained 1950s for its collection for next summer.
Richemont, the world's second-biggest luxury goods group, said on Thursday September 13rd that its sales had risen by 11.0 percent in the first five months, from April to August, of its 2007-8 financial year.