The French luxury group that owns brands such as Gucci, Saint Lauren and Balenciaga, makes an out-of-the-box appointment to revive its flagging sales
luxury fashion brands
Latest in luxury fashion brands
acquisition
Prada Group to acquire Versace in a $1.375 billion cash deal
Versace to maintain its creative DNA and cultural authenticity, while benefitting from the full strength of Prada’s consolidated platform
Dubai
Dubai luxury retailer Etoile Group opens 11 new stores in UAE, Saudi, Bahrain, Qatar
The company opened new Chanel, Tod’s, and Etro stores across the Gulf region during the first half of 2024
Fashion brands
Kelvin Haus launches its ‘sustainable future’ brand for fashion enthusiasts in UAE
The company said it also introduced an innovative use of NFTs, setting new trends in the industry
Beauty Industry
Mode Dubai fashion event postponed to April 2024
The highly anticipated fashion event is the latest event to hit due to the on-going conflict in the region
Beauty Industry
Global brands and celebrities set to dazzle at Mode Dubai
The UAE’s first consumer-focused fashion week Mode Dubai will feature an impressive line of global lifestyle brands
Beauty Industry
New fashion show coming to Dubai, aims to create ‘hub of style, culture, and inspiration’
Dubai’s first consumer-focused fashion week will see a range of haute couture by some of the top shots in the global fashion and beauty industry
Louis Vuitton
Louis Vuitton and Dior top list of world’s most popular luxury fashion brands: Report
Report reveals the world’s most revered luxury brands, with Louis Vuitton and Dior topping the list
Bernard Arnault
LVMH joins $500bn club, set to beat Tesla as world’s ninth-biggest listed company
On Monday, LVMH became the first European company to cross $500 billion in market value
Bernard Arnault
Who is Bernard Arnault? The world’s richest man that dethroned Elon Musk
This is the first time Arnault topped the list of the wealthiest people
Balenciaga
Luxury fashion house Balenciaga quits Twitter following Elon Musk rule
Vogue had quit the social media platform earlier whereas companies such as General Motors, Volkswagen, Pfizer and General Mills have reportedly paused advertising on the platform
Coronavirus Pandemic
Gulf bidder likely to buy Meghan Markle dressmaker Ralph & Russo
A number of Arab bidders are said to be circling the purchase of Ralph & Russo, the luxury British dressmaker
Beirut
Video: How are underprivileged women in Lebanon being empowered through luxury bags?
An initiative in Lebanon is harnessing the talent of disadvantaged women to produce high fashion handbags.
foreign direct investment
India’s FDI rule changes likely to attract more high tech, luxury brands
India will allow single brand companies to start online sales in India before they set up their brick and mortar stores which could be opened within two years
