French luxury goods group LVMH on Thursday named two top Louis Vuitton executives as new managers of Tiffany and overhauled the design team in its first shake-up of the US jeweller following a $15.8 billion acquisition.
M&S is reportedly close to a deal to buy Jaeger, which is part of Philip Day’s failed Edinburgh Woollen Mill Group. But while it’s believed to be taking on the brand and its stock, the stores aren’t part of the deal.
Struggling UK footwear giant Clarks could be about to strike a deal to sell a stake to a private equity company. And the sale could mean the end to more than two centuries of majority ownership by the founding family.
The NYC-based jewellery brand has released exterior renderings of the renovations taking place at its emblematic Fifth Avenue flagship, revealing the addition of a glass exhibition and event space to its upper floors.
In her first Métiers d'Art collection for Chanel, Virginie Viard looked to Gabrielle Chanel's iconic apartment at 31 Rue Cambon, reinventing the brand's historical codes in a much-applauded show at the Grand Palais.