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News briefs

Day’s wrap: Capri Holdings, Louis Vuitton, Puig, Moët Hennessy and Maria Grazia Chiuri

June 1, 2022

The third drop is dedicated to luggage. Image courtesy of Louis Vuitton

 

Luxury Daily’s live news for June 1:

Capri Holdings sees record year in fiscal 2022, with growth across all houses
Fashion luxury group Capri Holdings saw a sizable revenue increase of 24.6 percent in the fourth quarter of 2022.


Louis Vuitton previews third NBA drop, case for coveted trophy
French fashion house Louis Vuitton is expanding its partnership with the National Basketball Association (NBA), promoting a third drop that illustrates the spirit of basketball.


Puig acquires majority stake in DTC fragrance brand Byredo
Spanish holdings company Puig, parent company of Carolina Herrera and Nina Ricci, has acquired a majority stake in Swedish luxury brand Byredo.


Moët Hennessy highlights environmental commitment with World Living Soils Forum
LVMH’s wine and spirits arm Moët Hennessy is hosting the first edition of the World Living Soils Forum on June 1 - 2 in Arles, France.


Maria Grazia Chiuri lauded for expressive strides for women in fashion
The Couture Council of the Museum at FIT has announced it is honoring Maria Grazia Chiuri, creative director for Dior, with its 2022 Couture Council Award for Artistry of Fashion.


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