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 second show - in Shanghai.
LVMH is one of France’s most valuable groups, and chairman Bernard Arnault is Europe’s richest man, yet the luxury baron insisted on Thursday at the annual shareholders meeting that it's really just a family affair.
Pledges to donate millions of euros, including from LVMH's Bernard Arnault, Kering's François-Henri Pinault and L'Oréal's founding Bettencourt family, poured in Tuesday in the aftermath of a fire at Paris' Notre-Dame.
France accounts for over one quarter of the total sales of the top 100 luxury corporations worldwide according to Deloitte’s 2019 report, with 9 groups listed and LVMH, L'Oréal, Kering and Chanel in the top 10.
For the first time, the luxury label is present in force in Milan during the Furniture Fair, to unveil the design object collection created with renowned Milanese interior decoration studio DimoreStudio.