Louis Vuitton quietly launched its first line of luxury baby clothing, "Naissance", in early March, putting it in direct competition with market leader Bonpoint. Worse for the Descours family-owned brand, Vuitton is rocking the high-end babywear cradle with a former Bonpoint stalwart.
Divesh Makan, whose multi-family office includes Facebook, Instagram and Twitter founders among its clients, has quietly joined the board of fashion designer Stella McCartney's UK holding company.
Beyond French industry giants like Dassault and Bouygues, several big luxury names have shares in the multi-family office La Maison, a co-shareholder in fashion brand Isabel Marant alongside Montefiore Investment.
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After becoming the first luxury house to stage a fashion show in India in 2005, Chanel is now playing catch-up with Dior, following the latter's show last month in Mumbai.
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To avert the risk of potential rights disputes over the non-fungible tokens (NFTs) associated with its products, Kering brand Gucci is now registering trademarks for all of its items of clothing and accessories in two forms.
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Despite a carefully orchestrated bid for redemption by Balenciaga's artistic director, the brand is struggling to recover after the controversy over its ads featuring children and bondagewear harmed sales. Meanwhile, the studio that designed the contentious campaign has landed several new projects with Condé Nast magazines.
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The second-hand luxury clothing platform Vestiaire Collective is set to weigh in on the next round of regulation from Brussels about end-of-life textiles.
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