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Luxury’s Problem With Unsold Stock Comes Under the Microscope
New European regulations will soon force high-end brands to reveal all the stock they shred and burn to keep retail values high.
Opinion: LVMH’s Struggles Are a Bad Look for Luxury
For LVMH and big bling to return to a more encouraging trajectory, China needs to show signs of improvement, writes Bloomberg’s Andrea Felsted.
Sarah Burton: Cracking the Givenchy Code
Two years since taking on one of French couture’s most high-profile — and trickiest — assignments, the designer is rebuilding the house founded by Hubert de Givenchy from the inside out as she establishes her creative voice after more than a decade leading Alexander McQueen.
Marc Jacobs: Plotting Life After LVMH
A Charli XCX cover, a Sofia Coppola documentary, a guest appearance on Broadway… America’s star designer is still all over pop culture as he opens a new chapter for his namesake label under new owners WHP and G-III after decades at LVMH. Can lightning strike twice?
Why Luxury Shares Are (Mostly) Suffering
LVMH and Kering have seen their post-pandemic gains vanish and Hermès has taken a knock as investors question prospects for a sector rebound. Richemont’s climb, meanwhile, shows no sign of letting up.
LVMH Signed a Secret 2002 Pact to Buy Hermès Heir’s Shares. Now They’re Missing
In a June court filing, the luxury conglomerate forcefully denied it had ever tried to acquire shares in its rival from founding-family heir Nicolas Puech, who alleges he was fleeced of his 6 percent stake.
More Brands Are Betting on Protecting Nature. Now Comes the Hard Part.
As extreme weather and nature loss threaten fashion’s access to key raw materials, the industry is looking for ways to shore up supply chains. Early results show it’s possible to build resilience, but also how difficult it is to scale effective action.
Opinion: It’s Risky to Stock Discounter TJ Maxx With Designer Fashion
TJMaxx has quietly become a force in top-end goods, selling cut-price luxury fashion, but there are perils for both luxury houses and the discount retailer, Andrea Felsted writes.
Dior Pushes ‘Haute Wellness’ Strategy
The label’s powerful beauty division is upgrading its spa offering and hiring Pilates instructors and sleep experts as it goes head-to-head with hotels and retreats in a bid to tap the buoyant high-end wellness market.
Julie Kegels Wins LVMH Prize
Zane Li’s Lii and Anil Padia’s Yoshita 1967 took the runner-up Karl Lagerfeld and Savoir-Faire prizes, respectively.