LVMH unveiled a major new plan on the environment Wednesday, guided by Antoine Arnault. Here, FashionNetwork.com discusses with Antoine all things LVMH, handling multiple jobs and his views on Greta Thunberg.
French Connection’s half-year results showed it “building on good progress” and “on track to meet expectations”, but it's still loss-making. It also said its strategic review would be completed before 2020.
LVMH's Patrice Wagner really doesn’t like to boast, but in his view, there is no more Parisian department store than Le Bon Marché, which kicks off the fall this weekend with a massive exhibition on Los Angeles.
French Connection is still lossmaking and margins are down but there's news to be cheerful about too as its new concept store outperforms, wholesale turnover rises, e-tail makes up a third of sales and m-commerce surges.
French Connection had some good news on Tuesday with an improving performance and Veryexclusive's Sarah Curran joining the board. But its turnaround is still far from certain as losses continue and sales are still down.
Asia’s premier fashion event Centrestage has opened in Hong Kong featuring more than 210 fashion brands from 22 countries and regions and about 40 fashion events, including a gala fashion show, Centrestage Elites.
There’s a lot of contradictory data coming out of the UK at the moment but one thing is clear, while some stores are prospering, others are finding this spring/summer a struggle with fashion sales dropping last month.
Apax Partners seems to be the frontrunner to buy fashion and GM e-tail giant Shop Direct, yet it’s still not a one-horse race with US private equity firm Hellman and Friedman also reported to have entered the fray.