The next men's fashion season has been confirmed. The London, Milan and Paris Fashion Weeks will take place from 12 to 27 June, while Pitti Uomo will return with a physical event scheduled to run 30 June to 2 July.
The American footwear and accessories group announced on Wednesday that its revenues for the fourth quarter ended March 31, 2021, totaled $361.0 million, an increase of 0.5% from $359.2 million in the prior-year period.
The French luxury giant is strengthening its LVMH Fashion Group division, whose CEO, Sidney Toledano, will be supported by Guillaume Motte, current president for Europe and the Middle East at Sephora, starting May 3.
Covid-19 has boosted e-tail, especially for multibrand sites and leading luxury labels, according to a study by Bernstein for Altagamma. An evolution that means other labels need to rethink their commercial strategy.
Alber Elbaz, the renowned fashion designer credited with giving classic tailoring a more playful edge, was buried in Israel on Wednesday following his weekend death in Paris aged 59 after a battle with Covid-19.
As expected, a poor performance from its retail operations hit the Grosvenor Group in its latest trading year as the pandemic caused the high-end property business to swing to its first loss since the financial crisis.
The LVMH Prize 2021 has named its finalists - Bianca Saunders, Charles de Vilmorin, Christopher John Rogers, Conner Ives, Colm Dillane, Kika Vargas, Lukhanyo Mdingi, Nensi Dojaka and Rui Zhou. Three of them are American.