french luxury group

French luxury giant LVMH is selling its stake in Marc Jacobs for Rs 7,090 crore to a joint venture of WHP Global and G-III Apparel Group. While LVMH shifts focus to heritage brands, Marc Jacobs remains Creative Director. This marks a significant shift in the luxury market's strategy, with brand managers taking a larger role.

Ben Kingsley, Max Minghella, and Pekka Strang are the latest additions to 'The White Lotus' season 4, set to unfold during the Cannes Film Festival in France. This season will explore rival film teams at a luxurious resort, with a focus on French customer service. The new cast members join a star-studded ensemble for Mike White's acclaimed HBO dramedy.

Kristen Stewart challenged Cannes' strict dress code by wearing sneakers with designer outfits, including vintage Nike and Converse. Stewart's consistent rebellion, including walking barefoot in 2018, underscores a broader feminist critique of gendered fashion standards.

Farhana Bodi made a stunning entrance at the 2026 Cannes Film Festival opening ceremony in a breathtaking 15-kilogram aquamarine gown by Atelier Zuhra, encrusted with thousands of Swarovski crystals.

In a bold move toward revitalizing national pride, Burkina Faso's ruling junta is championing a nationalist movement that mandates the play of local music in entertainment venues and promotes the purchase of homegrown products.

There is a lot that Darjeeling could learn from Champagne when it comes to protecting its legacy. As the 87 odd estates in the Himalayan foothills gear up to educate the world about their authentic GI tagged teas, we get a whiff of what’s brewing

Global icon Jennie Kim was spotted in statement Indian diamonds at the 2026 TIME100 Gala in Manhattan, where she paired the iconic jewels with a stunning black outfit.

Global luxury leaders from Comité Champagne visited India's Kurseong to forge a historic alliance with Darjeeling tea producers. This landmark dialogue focused on protecting the unique identities and legacies of both iconic Geographical Indications. The initiative aims to foster mutual knowledge sharing and elevate Darjeeling tea's status as a luxury connoisseur's choice, mirroring Champagne's global success.

Global luxury sales faced a stark reality check as LVMH reported a mere 1% growth, significantly impacted by Middle East conflicts. Dubai's luxury malls saw sales plummet 50%. Europe's sales contracted 3% due to fewer Gulf tourists, while the US remained a bright spot. Fashion sales declined, but watches and jewelry showed resilience.

A French officer inadvertently revealed the location of the aircraft carrier Charles de Gaulle by publicly recording a run on the Strava app. The vessel, deployed to the eastern Mediterranean, was reportedly northwest of Cyprus. This incident highlights ongoing security concerns with fitness app data, following similar past exposures.

The acclaimed 'White Lotus' is set for its fourth season, transporting viewers to the glamorous South of France, specifically Saint-Tropez. Joining the ensemble are Max Greenfield and Kumail Nanjiani, among others, promising the show's signature blend of sharp satire and unfolding drama.

LVMH's growth has gone slow. The shares of the company slumped earlier last week to the lowest level since December 2022.

A French woman lost nearly £700,000 to scammers impersonating Brad Pitt, believing she'd found love. The fraudsters used AI-generated images and fabricated stories of illness and financial woes. Despite losing her savings and home, she claims the ordeal freed her from a miserable marriage, finding a strange sense of liberation in her newfound poverty.

Moncler has expanded its range from warm winter roots. The luxury label is all set to post results of the latest quarter and industry insiders are expecting to see a good raise in the brand's growth in the market.

french luxury group Hermes, renowned for its Birkin handbag, will increase prices in the United States from May 1st. This decision aims to offset the impact of President Trump's 10% import tariffs. Despite wildfires and snowstorms disrupting US sales, Hermes reported strong first-quarter global sales of 4.1 billion euros, with a notable 13.3% surge in the Americas region.

The luxury group is expanding.

Aditya Birla Fashion and Retail (ABFRL) announces joint venture with Christian Louboutin for Indian market. ABFRL and Christian Louboutin will hold equal stake in newly incorporated subsidiary. Christian Louboutin known for signature red sole shoes. Several global luxury brands entering Indian market due to rising disposable incomes and young population exposed to global brands. ABFRL previously partnered with Galeries Lafayette to open luxury department stores. ABFRL and Reliance Brands partnering with global brands to expand in India.

In a recent investigation by the European Union authorities, these three luxury brands were found to be violating the existing competition rules, leading to a collective fine amounting to 157 million euros, i.e., around Rs 1,610 crore.

Japanese fashion designer Kenzo Takada, better known as Kenzo, died Sunday from the Covid-19 disease, his spokesman told several French media outlets. Aged 81, Takada was at the American Hospital of Paris in Neuilly-sur-Seine, a residential suburb on the western outskirts of the French capital, the spokesman said.

Estee Lauder Cos Inc (EL.N) is nearing a deal to buy Tom Ford for about $2.8 billion, including debt, beating out competition from a number of others interested in acquiring the luxury fashion brand, the Financial Times reported on Friday, citing people briefed about the matter.

As per Forbes, Arnault claimed the top spot with a net worth of $186.4 billion surpassing Bezos whose net worth stands at $186 billion. The French fashion tycoon has added over $47 billion to his net worth so far in 2021.

Christian Dior SE, popularly known as Dior is a French luxury fashion giant, from the house of French businessman Bernard Arnault, who also heads LVMH, the world's largest luxury group. The label has a long-standing rivalry with Italian luxury house Valentino and looks like, the conflict is just going to get worse.

Creative director Alessandro Michele is leaving Italian fashion house Gucci, the biggest brand of french luxury group Kering, Women's Wear Daily (WWD) reported late on Tuesday.