The bid for a 100% stake in Roberto Cavalli by the Dubai property group, made via a subsidiary, has convinced Cavalli’s current owner Clessidra, the label and the tribunal, but a final court ruling is still required.
Though the Christian Dior Parfums store on the Champs-Élysées was vandalised last November, the luxury label still wants to make its mark on the prestigious Parisian avenue, opening a brand-new flagship at number 128.
Burberry’s Q1 Trading update was closely watched on Tuesday and it seemed to deliver, with rising sales and a positive consumer response to its Riccardo Tisci-designed collections, both at retail and in wholesale.
Stella McCartney has signed a deal to partner with LVMH, the designer retaining majority ownership of her label but also about to enter a new era as part of the increasingly-sustainability-focused luxury group.
Next autumn, the French department store chain will welcome Vivienne Westwood as the guest of honour of its project to promote more sustainable fashion, with US photographer Roe Ethridge lensing the campaign.
The French fashion house said on Wednesday it is in talks with Mexican artisans regarding the production of the Dolls by Raw Edges collection, which has been criticised for featuring traditional Mexican designs.