Category: Business
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A Charter Grows Up, With Homework Left Over
The two largest luxury groups tightened their rules on models. Read what changed, and what didn’t. When rivals sign the same document, pay attention. LVMH and Kering, the two luxury French groups that own most of luxury’s household names (Louis Vuitton, Dior, Gucci, Saint Laurent and many more), have strengthened their joint charter on the…
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Loro Piana Builds a Cathedral for Knitwear
While much of fashion outsources, Loro Piana, one of the quietest names in luxury just poured its largest industrial investment into a single sweater-making hub. In an industry that often talks about craft while quietly optimizing costs, a luxury company building a 8,000-square-meter factory for knitwear is making a statement. Possibly even a loud one,…
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Chanel Hires a Painter-Turned-Makeup Artist, and Your Lipstick Should Be Nervous
The house of the little black jacket just handed its color palette to someone who trained with a paintbrush first. In fashion, a new creative director gets a front-page announcement and a thousand think pieces. In beauty, the person deciding what shade of red your lips will wear for the next decade often arrives with…
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Hermès Crosses the Bridge: Why Brooklyn Just Got Its Orange Box
After three years of a “temporary” shop that behaved suspiciously like a long engagement, the French house has made it official. When a brand famous for waiting lists decides to stay somewhere, the neighborhood should take notice. Williamsburg, the Brooklyn enclave once known for warehouses, vinyl and artisanal everything, now has a permanent address of…
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Who Owns a Flower? Louis Vuitton’s Monogram Fight Just Got Complicated
LV won its lawsuit. China’s museums just quietly won the argument. Nothing turns a courtroom win into a PR headache faster than a museum exhibit. That’s the position Louis Vuitton finds itself in after a Chinese court sided with the house in a trademark case — only for a state museum to promptly display artifacts…
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$24 Million and No HOA: The Beachfront Deal That Says Everything About Ultra-Wealthy Taste
A house just broke its own sales record for the third time. That’s not a fluke — that’s a strategy. Most homes are lucky to set one record. Mont Blanc, a gulf-front estate on Scenic Highway 30A in Seagrove Beach, Florida, has now done it three times since 2020 — and this time, courtesy of…