LVMH is close to acquiring a new perfume brand, Jean Patou, for its portfolio and has done it very much on the quiet. The French conglomerate took management control last year without any fanfare from Designer Parfums.
The legal action being brought by House of Fraser landlords is set to delay the struggling retailer’s CVA and means that the £70 million cash injection that the firm is getting from its new owner could be delayed too.
As it pushes forward with the expansion of its network of brick-and-mortar stores and fulfillment centers, the US-based platform dedicated to second-hand luxury products has received $115 million in Series G financing.
The French runway season will start one day earlier in September, with Christian Dior opening the season with an early afternoon on Monday, September 24, according to the official calendar released Wednesday afternoon.
A casualty of Hammerson's change of direction (as well as the weak market for bricks and mortar stores) is the mall giant's plan for a massive expansion at Brent Cross that has now been indefinitely deferred.
The Milan-based shopping destination is set to open its first ever US location at NYC’s Seaport District, bringing its unique blend of fashion, art and cuisine to the historic waterfront neighbourhood in September 2018.
FashionNetwork.com visited the Parisian atelier where the luxury label’s finest creations are hand-made. The atelier will be open to the public on October 12-14, as part of the LVMH group’s ‘Private Days’ initiative.