
Bernard Arnault's youngest son Jean has been in charge of watches development and marketing at Louis Vuitton since this summer. He is the last of five heirs to join the LVMH group.
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Bernard Arnault's youngest son Jean has been in charge of watches development and marketing at Louis Vuitton since this summer. He is the last of five heirs to join the LVMH group.
Following an incursion into gaming last year, the Parisian label has announced plans to take a deep dive into the virtual world with the creation of a dedicated metaverse service.
The Italian fashion group owned by Renzo Rosso has created BVX (Brave Virtual Xperience), a company that will develop projects and content for the virtual world of the metaverse, headed by Renzo’s son Stefano Rosso.
Designer clothing rental service Rent the Runway made its initial public offering debut on Wednesday, opening nearly 10 percent above the initial public offering price, before falling.
The company revealed on Tuesday that it will offer some 15 million shares, which it expects to sell for between $18 and $21 apiece. At $21 a share, Rent the Runway’s valuation could hit nearly $1.3 billion.
Fashion rental company Rent the Runway on Monday made public its paperwork for a U.S. stock market flotation, joining a bunch of retailers looking to cash in on the record boom in capital markets since last year.
U.S. retail sales unexpectedly increased in August, boosted by back-to-school shopping and government child tax credit payments, which could temper expectations for a slowdown in economic growth in the third quarter.
Beauty company Olaplex Holdings announced that it has publicly filed with the U.S. Securities and Exchange Commission (SEC) to raise up to $100 million in an initial public offering.
Unilever's first-half results should give a sign of how it is coping with rising commodity and transport costs - whether it has managed to lift prices without hitting sales volumes, or whether margins are being squeezed.
The Kate Hudson-backed athleticwear brand has reportedly tapped banks in order to help it prepare for an initial public offering, which the company hopes will value it at over $5 billion.