The news published by Bloomberg about a possible takeover of the down jacket label by the French luxury group fuelled plenty of speculations. FashionNetwork.com analyses the operation’s potential impact.
Fair trade regulatory body the Competition Commission of India is considering issuing a “soft advisory” to e-commerce businesses operating in India in a bid to increase transparency through self-regulation.
The chief executive and top shareholder of Moncler played down speculation around a takeover by Gucci-owner Kering on Thursday, saying the two firms sometimes talked but that there was no deal in the works.
In her first Métiers d'Art collection for Chanel, Virginie Viard looked to Gabrielle Chanel's iconic apartment at 31 Rue Cambon, reinventing the brand's historical codes in a much-applauded show at the Grand Palais.
Aquascutum’s Chinese owner is the subject of a potential lawsuit over unpaid invoices, as fears over a liquidity crisis persist. A Portuguese fabrics firm called Calvelex is expected to take it to court this week.
Mukesh Ambani’s Reliance Industries became the first Indian company to cross Rs 10 lakh crore in market value. Reliance Retail’s market capitalisation crossed Rs 5 lakh core as share prices rose dramatically.
Millennial and Gen Z consumers, especially from Asia, plus the growth of online, a booming secondhand market, and a desire for social responsibility are all pushing growth higher in the luxury market, a new study shows.