LVMH has acquired a 10 per cent stake in China fashion maker Ochirly French luxury giant LVMH has acquired through private equity arm L Capital, a 10 percent stake in mainland fashion maker Ochirly. The deal is worth US$200 million. Ochirly, established in late 1990s, currently operates about 200 retail outlets across the mainland and … Read more
Born in Spain but based in London since 1992, Elena Garcia originally trained as a linguist, specialising in Public Services Interpreting. Her interpreter’s job has led her to work with many local groups and has made her aware of the problems faced by migrant communities and people in penitentiary institutions. Following her passion for design, … Read more
Ekaterina Petukhova is Co-founder and managing director of Esper Group. Esper Group is the group of companies providing multiple services for companies working in the fashion industry in Russia, former USSR countries and Eastern Europe. Every day Esper Group specialists monitor, collect and analyze using company’s own unique method the information needed to do business … Read more
L2’s inaugural study of European fashion brands reveals that the digital competence of the continent’s niche fashion brands lags that of their larger, more established global fashion peers. The ranking measures the digital aptitude of 46 European niche fashion brands with annual turnover between €25 million and €250 million. Brands were measured on 350 data … Read more
Press Release A new series of Luxury Brand Status Index (LBSI) surveys from the independent and objective New York City-based Luxury Institute reveals firsthand impressions and rankings of dozens of luxury brands by high net-worth consumers from the United Kingdom, France, Germany and Italy. Wealthy European shoppers evaluated each brand on quality, exclusivity, social status … Read more
Luxury e-commerce: Blogs and social media are setting trends more than fashion critics Fashion bloggers will help propel online sales The exclusive fashion world has embraced the Internet later than other industries but is catching up quickly. Brands such as Burberry, Tiffany and Gucci are increasing exposure to social media to connect with a new … Read more