Nearly a year after selling his namesake brand to Estée Lauder, American designer Tom Ford is preparing his next chapter. The brand's new owners, meanwhile, are implementing a major shake-up.
The owner of a dozen five-star hotels in Europe and the United States, former Qatari premier Hamad bin Jassim Al Thani has stepped down from the board of the Luxembourg holding company that runs his hotel empire, handing the reins to one of his sons.
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For 10 months, the Barrière hotel group's PR department was tasked with damage control amid the bitter father-and-son media duel between Dominique Desseigne and Alexandre Barrière. The latter, now atop the group, and his new CEO are set to shake up its communications team.
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A few weeks after the announcement of the merger with Tapestry, employees of the fashion brands involved are concerned about their future. Capri, the holding company that made the sale, has been trying to put their minds at ease.
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Kering clinched a deal to buy into Valentino's capital just before announcing its six-month results in July. But the French luxury group has also formed a strategic partnership with the brand's majority shareholder, Qatar's royal family.
French fragrance house Diptyque - whose candles grace the lobbies of luxury hotels, spas and high-end fashion boutiques - is the latest brand to announce plans to sponsor the arts.
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Several of the yachts that dropped anchor off the Italian island of Capri this summer belong to luxury world heavyweights.
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The luxury industry is puzzling over how to work around new French legislation that came into force in June regulating internet influencers, whom the sector relied on to boost their brands on social media.
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