The silence was intense at Balenciaga, for a show held without any soundtrack as Balenciaga returned to haute couture after half a century. The applause, however, was resounding for creative director Demna Gvasalia.
Activists from social justice organisation Attac on Saturday unfurled a giant banner over the headquarters of French luxury group LVMH and sprayed black paint on the storefront of its newly revamped La Samaritaine.
The LA-based digital-first fashion marketplace has announced that it has closed a $195 million Series F funding round, more than doubling its valuation as the company sets its sights on further international expansion.
Beneath the office space of Emily in Paris, the trend-setting series, one finds another new French concept; rare sneaker store Kikikickz, the brainchild of two entrepreneurs taking sneaker trading to new heights.
Gucci’s experimentation in the digital world – from la mode to marketing – has extended into a new terrain, NFT, as the house has moved to participate in Christie’s debut online auction named Proof of Sovereignty.
French group Kering said Wednesday it will sell a further $1 billion worth of shares in Puma as it continues to unwind its investment in the sneaker and sportswear maker to focus on higher-end luxury brands.
The pandemic has forced luxury goods companies to use social media, video and virtual showrooms to woo their wealthy customers in Europe when tourists, especially from China, have been absent for more than a year.