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News briefs

LVMH, Capri Holdings, Hermès and Coty

February 9, 2023

Mr. Rothschild created and sold several non-fungible tokens (NFTs) that Hermès argued violated the trademark of the brand's Birkin bag. Image credit: OpenSea/Rothschild Mr. Rothschild created and sold several non-fungible tokens (NFTs) that Hermès argued violated the trademark of the brand's Birkin bag. Image credit: OpenSea/Rothschild

 

Luxury Daily's live news for Feb. 8:

LVMH launches second-edition ‘You and Me’ talent recruitment tour
French luxury conglomerate LVMH is hitting the road once more in search of tomorrow’s top talent, this year touting three times as many available jobs.


Capri Holdings reports 6pc revenue drop during last quarter of 2022
U.S. fashion group Capri Holdings reports a six percent drop in revenue during the fourth quarter of 2022 as the company struggled to weather the economic crisis at hand.


Hermès declares victory in landmark digital copyright lawsuit
French fashion house Hermès was awarded 133 thousand dollars in damages and a declaration of victory in its copyright lawsuit against digital artist Mason Rothschild.


Prestige beauty sales down 5pc at Coty, as luxury fragrance carries conglomerate
U.S. beauty group Coty is offering a case study in olfactory success, despite overall sales declines experienced during the company’s last fiscal quarter.


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