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opinions

Business

Harrods owner nets $892 million gain from Tiffany & Co. sale

Harrods owner nets $892 million gain from Tiffany & Co. sale

Harrods owner Qatar Investment Authority made a gain of around $892 million when it sold shares in Tiffany & Co as part of LVMH’s $15.8 billion acquisition, according to analyst estimates and filing data.
Luxury
Business
Mango to diversify by launching homeware line

Mango to diversify by launching homeware line

The Spanish fashion retailer is adapting to the new normal of lockdowns and remote working, and is set to extend its product range into the home linen and home decoration categories in Q2.
Lifestyle
Retail

Leeds Group improves sales, earnings, despite German Covid restrictions

Covid restrictions in Europe made it a tough first half for Leeds Group. However, the UK-based fabrics and haberdashery specialist managed to increase revenues and return to profit for its first six months to November.
Fashion
Business

Jaeger administrators confirm closures, redundancies

​M&S’s deal to buy Jaeger completed on Friday and the administrators to the heritage brand have confirmed that all 63 standalone stores and the label’s concessions will not reopen after the current UK lockdown ends.
Fashion
Retail

Design

Brunello Cucinelli: The Jean-Jacques Rousseau on being a humanist entrepreneur and the need for a social contract with creation

Brunello Cucinelli: The Jean-Jacques Rousseau on being a humanist entrepreneur and the need for a social contract with creation

Brunello Cucinelli, who opened the famed Florentine trade fair Pitti on Tuesday, is fashion's resident philanthropic designer entrepreneur. One of fashion's busiest men discusses his idea for a new social contract.
Luxury
Industry
LVMH Prize launches 8th edition

LVMH Prize launches 8th edition

After an unusual 2020 strongly affected by the Covid-19 pandemic, the French luxury giant is relaunching its competition for young designers with a digital semi-final. Applications are open until 28 February. 
Fashion
Design

Kering sponsors renovation of Florence’s Palazzo Vecchio courtyard

Kering is sponsoring a key element of the renovation of the famed Michelozzo courtyard of Florence’s Palazzo Vecchio, the city hall of the Renaissance capital. 
Luxury
Industry

Fawaz Gruosi launches his own jewelry brand

Fawaz Gruosi, the former star designer of de Grisogono and one of the most influential jewelers in the industry, has launched his own eponymous jewelry brand, with a debut store in Mayfair, London.
Luxury
Design

Appointments

​Lenton to quit as Hammerson CFO following sale of Via Outlets business

​Lenton to quit as Hammerson CFO following sale of Via Outlets business

Hammerson said Friday its chief financial officer James Lenton is to leave the UK property giant after 15 months. But the board said Lentos will continue in his role until a successor is found.
Fashion
Appointments
L'Oréal appoints Blanca Juti as chief communications and public affairs officer

L'Oréal appoints Blanca Juti as chief communications and public affairs officer

From April, Blanca Juti will step into the role of chief communications and public affairs officer for cosmetics giant L’Oréal. Heineken Group’s current chief corporate affairs officer will take over from Lucia Dumas.
Beauty
Appointments

L'Occitane International appoints ex-Chanel executive Yves Blouin as general manager

Yves Blouin, a former Chanel executive specialised in Asian markets, has recently been appointed general manager of cosmetics group L'Occitane International, succeeding Sylvain Desjonquères.
Luxury
Appointments

H&M's Eriksson succeeds Kristina Stenvinkel as group's Communications Director

​H&M Group has announced that its Head of Media Relations Andreas Eriksson, is to take on the role of Communications Director across the group succeeding Kristina Stenvinkel. 
Fashion
Appointments

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