Gucci Notte Collection at 2024 LACMA Art+Film Gala

Gucci Notte Collection at 2024 LACMA Art+Film Gala

Gucci creative director Sabato De Sarno used the red carpet as his runway Saturday night at the LACMA Art+Film Gala in Los Angeles, debuting his second eveningwear collection at the fundraiser attended by Kim Kardashian, Troye Sivan, Andrew Garfield, Chloë Sevigny and Anna Wintour, among others, with a performance by Charli XCX. Featuring 12 looks … Read more

Sales up 11.3 percent as it stays ahead of Kering, LVMH

Sales up 11.3 percent as it stays ahead of Kering, LVMH

PARIS – What luxury slowdown? Hermès International continues to buck the trend and outpace its peers, with sales up 11.3 percent at constant currency in the third quarter to 3.7 billion euros. That puts the Birkin bag maker well ahead of other French luxury goods players, such as Kering, which reported sales down 16 percent, … Read more

Arnault Family Set to Buy Majority Stake in Paris FC Soccer Club

Arnault Family Set to Buy Majority Stake in Paris FC Soccer Club

PITCHING UP: Who knew that Paris had a second football team? The French capital’s soccer scene is about to heat up, amid reports that luxury magnate Bernard Arnault’s family holding is poised to buy a majority stake in Paris FC, the second-divison club that lives in the shadow of Paris Saint-Germain. The Arnault family’s holding … Read more

Gucci Appoints Stefano Cantino CEO

Gucci Appoints Stefano Cantino CEO

MILAN — Kering on Tuesday named Stefano Cantino the new chief executive officer of Gucci. He will succeed Jean-François Palus on Jan. 1 and report to Francesca Bellettini, deputy CEO of Kering in charge of brand development. Cantino joined Gucci in May as deputy CEO and will have a seat on Kering’s Executive Committee. Palus … Read more

Salma Hayek, The Rose’s Woosung, Cardi B and More

Salma Hayek, The Rose’s Woosung, Cardi B and More

DRAMA QUEEN: Sean McGirr dialed up the drama with a theatrical runway show featuring a smoke-filled runway and Irish lore-filled looks. It was the creative director’s second Paris Fashion Week outing. Salma Hayek sat with husband and Kering chief executive officer François-Henri Pinault, as she showed off the cut of her gold sequined dress. It … Read more

Paris Exhibition Creates Dialogue Between Demna and Cristóbal Balenciaga

Paris Exhibition Creates Dialogue Between Demna and Cristóbal Balenciaga

PARIS — Demna may have pushed the envelope with his latest Balenciaga couture show, presenting creations made from materials including upcycled plastic bags, aluminum foil and synthetic hair, but a new exhibition at parent company Kering’s headquarters in Paris aims to show he has more in common with founder Cristóbal Balenciaga than one might suspect. … Read more

Chanel Buys the Building Housing Its Store on Paris’ Avenue Montaigne

Chanel Buys the Building Housing Its Store on Paris’ Avenue Montaigne

PARIS – Chanel said Wednesday it has bought the building housing its boutique on Avenue Montaigne for an undisclosed sum, as leading luxury brands continue to snap up real estate in a bid to secure prime locations for their brands. The building at 42 Avenue Montaigne is home to a fashion, watches and fine jewelry … Read more

Revenues Slip 1 Percent, Guidance Lowered

Revenues Slip 1 Percent, Guidance Lowered

BERLIN – Revenues at German company Hugo Boss fell 1 percent in the second quarter to 1.01 billion euros. With a revamped brand design and major investment into initiatives like a star-studded marketing campaign, Hugo Boss had been doing well up until now. “We boosted brand relevance…winning over consumers from all over the world,” chief … Read more

Ex-Gucci Store Employee Takes Legal Action for Second Time This Year

Ex-Gucci Store Employee Takes Legal Action for Second Time This Year

A former Gucci store employee in Chicago has filed a civil class action amended lawsuit alleging consumer fraud and false business practice. Tracy Cohen, who worked in the Chicago store for 18 years, took legal action Wednesday against Kering Americas and Gucci America in the Circuit Court of Cook County, Ill. She is demanding a … Read more

Balenciaga teams with Alipay on US$650 T-shirt, prompting social media ridicule

Balenciaga teams with Alipay on US0 T-shirt, prompting social media ridicule

Spanish luxury fashion brand Balenciaga’s latest offering is a 4,700 yuan (US$650) T-shirt in collaboration with Chinese mobile payment platform Alipay, sparking discussions and chaff on Chinese social media. The short-sleeved, oversized garment – which is unisex in design – only comes in two sizes and one colour, black. The iconic Balenciaga print is brandished … Read more