LVMH sells Off-White brand
Luxury Tribune
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On Monday, French luxury goods giant 酩悦·轩尼诗-路易·威登集团 announced the sale of luxury streetwear brand Off-White to US company Bluestar Alliance LLC. The group refused to comment on ‘the terms of the transaction’
The LVMH empire extends to Moncler
酩悦·轩尼诗-路易·威登集团 has signed an agreement with Moncler CEO and largest shareholder, Remo Ruffini , to acquire up to 22% of Double R, which in turn owns 15% of the Moncler group.
China injects $150 billion into its economy – What are the consequences for luxury goods?
On Tuesday, 24 September, Central Bank of the Republic of China (Taiwan) announced the country's biggest economic stimulus package since Covid in an attempt to boost consumer purchasing power. The luxury sector welcomes the announcement.
Montblanc appoints new CEO, Giorgio Sarné
On Tuesday, September 24, Richemont , the parent company of Montblanc , announced Giorgio Sarné's appointment as CEO of the brand. He will succeed Nicolas Baretzki , who will take up his position as Deputy CEO at Dior.
According to Launchmetrics, LVMH dominates the ranking of brands with the highest media impact during the Paris Olympics
Launchmetrics, the media analysis platform specialising in fashion, luxury, and cosmetics (MLC), has just provided a Media Impact Value (MIV) of the brands at the Paris Olympics. Dior tops the list.