Chaumet Empowers Cultural Innovators with Grants at First Echo Culture Awards

Chaumet celebrates four winners of first ECHO CULTURE AWARDS. Celebrating Culture: Chaumet Honors Women Making a Difference at ECHO CULTURE AWARDS. Chaumet, the Parisian luxury jewelry and watchmaking house, is well-known for its exquisite craftsmanship, timeless designs, and rich cultural heritage. But beyond its exceptional creations, Chaumet has been actively involved in promoting culture and … Read more

The $2.25 billion Tom Ford Has A New Owner and A New Creative Director

The Estée Lauder Companies Completes Acquisition of the Tom Ford Brand. The Estée Lauder Companies Inc. has completed its acquisition of the TOM FORD brand and is now the sole owner of the TOM FORD brand and all its intellectual property. ELC’s stewardship and its licenses with Ermenegildo Zegna N.V. (Zegna Group) and Marcolin Group … Read more

LVMH Makes History With Market Value Exceeding $500 Billion

LVMH becomes first European firm to reach market value of $500 billion. European luxury conglomerate LVMH breaks record with $500 billion market value. It’s worth noting that market values can fluctuate rapidly based on a variety of factors, including changes in market conditions, company performance, and global events. Luxury goods company LVMH / LVMH Moët … Read more

Unlocking the Power of Girls: Luxury Skincare Brand Makes Historic Donation to Gender Equality Program

Clé de Peau Beauté and UNICEF Join Together to Benefit 5.7 Million Girls through Education, Employment, and Empowerment Programs with Partnership Renewal. Clé de Peau Beauté x UNICEF to tackle the root causes of gender inequality Luxury skincare brand announced the world’s largest private sector contribution to UNICEF‘s Gender Equality Program. The luxury skincare brand … Read more

The Parent Company for Gucci, Saint Laurent, and Balenciaga, Creates Luxury Beauty Division

Kering luxury group, the parent company for Gucci, Saint Laurent, and Balenciaga, Creates Luxury Beauty Division. A global Luxury group, Kering manages the development of a series of renowned Houses in Fashion, Leather Goods and Jewelry : Gucci, Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen, Brioni, Boucheron, Pomellato, DoDo, Qeelin, as well as Kering Eyewear. … Read more

Biggest Luxury Group Acquires Italian Jewelry Producer To Significantly Increase Production Capacity

LVMH strengthens its position in jewelry with the acquisition of Pedemonte. LVMH Group announces the acquisition, from the Equinox III SLP SIF investment fund, of the Pedemonte Group, a jewelry producer present in Italy and France. This strategic operation for the Watches & Jewelry Division and its jewelry Maisons will allow the Group to significantly … Read more