Filmed in a Monaco stadium, Hedi Slimane unveiled his spring/ summer 2021 collection for Celine with a runway show that mixed bourgeoise-style silhouettes with sporty, casual looks straight out of American campuses.
Hermès' comparable sales picked up in the third quarter, rising 7%, and the Birkin bag maker said this positive momentum had extended into October after a strong rebound in Asia and surging online revenues.
French luxury group Kering confirmed a broad recovery in sales of high-end goods in the third quarter as Asian and U.S. demand helped revenues improve, though its star Gucci brand underperformed rivals.
The Italian label too has introduced the role of director in charge of diversity, equity and inclusion. Based in North America, the position has been entrusted to Malika Savell, formerly with French luxury group LVMH.
Australian mining billionaire Andrew Forrest said his private company bought bootmaker R.M. Williams from French fashion giant LVMH, returning ownership of the famed fashion label to its home country after six years.
Tiffany & Co said on Thursday sales have been rising through October with its business in the midst of a rebound, as the jeweler looked to counter claims from French luxury giant LVMH that its prospects were "dismal".
Recovering sales of Louis Vuitton handbags helped LVMH contain the fallout from the coronavirus crisis in the third quarter, as the world's biggest luxury goods group reported a smaller-than-expected drop in revenues.