If any senior LVMH executive is looking very smart these days it surely is Pietro Beccari, the CEO of Christian Dior Couture, who just oversaw his house’s path-breaking cruise 2020 collection runway show in Marrakech.
According to a McKinsey study, China’s luxury expenditure is expected to be worth €159 billion and have a 40% share of the global market by 2025, driven by rising middle class expenditure and consumers born in the '90s.
A French mediator has been appointed to try and resolve a power struggle at the top of the world's largest eyewear-maker EssilorLuxottica that has plunged the recently merged group into crisis, a source said.
After FF Reloaded and Fendi Mania, the Roman luxury label is launching Fendi Roma/Amor, the third collection themed around its FF monogram, teaming up with tagger Pref and Korean eyewear label Gentle Monster.
A day after Fendi’s owner Bernard Arnault revealed that the house plans a homage show to its deceased creative director Karl Lagerfeld in Rome, the Roman house announced plans for a second show - in Shanghai.