The Enforcement Directorate held a second auction for two of accused jewellery tycoon Nirav Modi’s cars on June 4 and garnered an extra Rs 42 lakh as Modi remains held in a UK jail awaiting his extradition trial.
LVMH is close to acquiring a new perfume brand, Jean Patou, for its portfolio and has done it very much on the quiet. The French conglomerate took management control last year without any fanfare from Designer Parfums.
In anticipation of next month's official LA Fashion Week runway shows, organizers have released insight into the theme of the event – cultural diversity – and previewed some of the designers that will show.
In the midst of a huge thunderstorm, scores pleaded to enter into the main Porsche showroom of New York on Saturday. Their mission: to witness the latest collection of Artistix, the cult brand directed by Andy Hilfiger.
Ralph Lauren staged a fashion first Tuesday evening in suburban New York. He became the first designer to present his latest collection inside his own garage; and threw in a sit-down dinner to celebrate.