LVMH Moët Hennessy Louis Vuitton’s courtship of leathergoods maker Hermès is not a secret, nor is it subtle. Conglomerate chairman Bernard Arnault claims his motive is not to take over Hermès, but if this is true, what exactly is it that he wants?
With its planned acquisition of Italian label Brioni, Gucci and Yves Saint Laurent owner PPR has made clear its interest in a market segment where it sees much potential: luxury menswear.
Swiss watchmaker Hublot is actively fighting the battle against counterfeits by using Wisekey technology to protect products.
Auberge Resorts has added Hotel Jerome to its small curated list of luxury hotels in a move that will increase the brand’s access to the world of affluent skiing enthusiasts.
Hermes is still fighting against what it sees as unfriendly advances from LVMH and has recently been allowed to sell shares to a private holding company rather than publicly. Therefore, experts believe that an acquisition by LVMH is not inevitable.
Following a lengthy trial in Parisian courts, former Christian Dior creative director John Galliano has been found guilty of a hate crime for an act committed in February. This is leading industry experts to wonder whether or not his reign in the luxury industry is over.
A preliminary injunction was made last week in the Christian Louboutin-Yves Saint Laurent case claiming that the former did not exclusively own the rights for red shoe-soles. But what does this mean for Louboutin’s trademark style?
Footwear manufacturer Christian Louboutin may be well-known for its use of red soles on its designs, but the jury is still out on whether or not its recent lawsuit against rival fashion house Yves Saint Laurent is plausible, or if this could actually open the door for more lawsuits.
The recent scandals involving Rupert Murdoch and the News Corporation have the potential to affect the company’s ad sales for its publications such as The Wall Street Journal or The New York Post, although some experts doubt that possibility.
The hubbub in Washington regarding the Innovative Design Protection and Piracy Prevention Act still has some experts unclear as to whether or not law enforcement on counterfeit goods can do anything to stop the so-called cultural phenomenon.
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