LVMH-owned Rimowa is launching a sunglasses line produced and distributed by Thélios, the joint venture between the luxury giant and eyewear manufacturer Marcolin, which is soon set to unveil Dior’s new eyewear line.
Carlo Capasa has been confirmed for the fourth consecutive term as the president of the Italian Fashion Chamber (CNMI), as Serge Brunschwig, Alfonso Dolce and Jacopo Venturini joined the new executive committee.
The former Givenchy CEO has joined the Richemont group, where he will supervise the fashion and accessories division from September. He succeeds Eric Vallet, who left last October to become CEO of Rémy Cointeau.
Bernard Arnault, Europe’s richest man, has acquired a one-quarter stake in Arnaud Lagardère’s holding company, in a move that will be seen as an attempt to support the family of his fellow French billionaire.
After being forced to halt production for weeks, the luxury industry's supply chain is slowly restarting in Italy and France. The system has been battered by the Covid-19 pandemic, with many sub-contractors struggling.
The LVMH Prize for Young Fashion Designers has called off the final of this year’s event, and instead plans to direct its prize money into a fund for young designers, the latest cancellation due to the Covid-19 pandemic.