The luxury industry faces a challenge like never before. The luxury market will face a difficult year ahead: Bain & Company expects that for the full year 2020, the market could contract between 20-35 percent, depending on the speed of the recovery. After falling by an estimated 25 percent in the first quarter … Read more
Unilever and L’Oréal reportedly in running to buy beauty and skincare firm
As the final of LVMH Prize for Young Fashion Designers 2020 is canceled, the 300,000-euro award is distributed equally among the finalists. The LVMH Prize sets up a Fund in aid of young fashion designers. As a result of the Covid-19 pandemic, the final of the 7th edition of the LVMH Prize for … Read more
Collaborative collection: Supreme x Lamborghini. New-York based luxury streetwear brand Supreme has worked with luxury Italian car company Automobili Lamborghini on a new collection for Spring-Summer 2020. The seven-piece capsule collection consists of a Hooded Work Jacket, S/S Shirt, Hockey Jersey, Coverall, T-Shirt, Skateboard and Beanie. Available in Japan stores and online … Read more
From hospitals to hand sanitiser, a number of big names from continental fashion capitals are turning their efforts towards the fight against the coronavirus. Will the British industry follow suit?
LVMH to supply several million surgical masks in France to help the fight against the spread of coronavirus. By virtue of its global distribution network, LVMH Moët Hennessy – Louis Vuitton SE also known as LVMH, the French multinational corporation and conglomerate specializing in luxury goods, has managed to secure an order … Read more