Volcom, the skate, swim, and snowboarding lifestyle brand that creates durable, stylish clothing and accessories, was sold to Authentic Brands Group (ABG). Kering luxury group, the owner of some of the biggest luxury powerhouses such as Gucci, Saint Laurent, Bottega Veneta, and Ulysse Nardin, sold its US sports and lifestyle brand Volcom. The lifestyle … Read more
The holiday season is a key moment for luxury customers to buy themselves something special. Demand among luxury customers for exclusive items and one-of-a-kind experiences is just as strong when choosing gifts for others as it is when shopping for themselves, according to a new study by YNAP group. The survey shows the growing importance … Read more
Company will reuse, repair or recycle products and end use of real fur
News that British fashion label destroyed £28m of clothes and cosmetics has raised questions
Kering Luxury Group and Alibaba Group Agree to Cooperate in Protection of Intellectual Property and Joint Enforcement. Kering Luxury Group is taking proactive measures and using advanced technology to help law enforcement bodies and other relevant authorities to address the challenges of intellectual property infringement. The luxury group owner of some of the world’s most … Read more
Richemont-owned luxury brand Shanghai Tang sold to Italian entrepreneur Alessandro Bastagli. Richemont, the Swiss luxury goods group, announces that it has completed the sale of luxury brand Shanghai Tang to a consortium of investors led by Italian entrepreneur Alessandro Bastagli. For its financial year ended 31 March 2017, Richemont reported sales of € 10 647 … Read more