L’Occitane Owner Said to Mull Buyout of $4 Billion Beauty Firm
L’Occitane International SA’s controlling shareholder is considering a move to take the skin-care company private, people with knowledge
2023-07-25 19:53
LVMH to Sponsor Paris Olympics in a First for Luxury Group
LVMH agreed to become a premium sponsor of the 2024 Summer Olympics in Paris in the first deal
2023-07-25 14:46
Remy Cointreau Sales Drop 35% as US Cognac Demand Skids
Remy Cointreau SA said first quarter sales fell sharply, as expected, with US consumption of cognac dropping to
2023-07-25 13:47
Paris to bring back swimming in Seine after 100 years
Banned for a century because of filthy water, bathing is to resume in parts of the river in Paris.
2023-07-25 08:17
EssilorLuxottica Scheme Inflates Prices of Eyewear, Suit Says
EssilorLuxottica, the world’s biggest eyeglass manufacturer, was sued over claims it and other luxury makers schemed to inflate
2023-07-22 07:55
Africa’s Thirst for Champagne Could Bring Veuve Cliquot to Kenya and Ghana
Veuve Clicquot, the Champagne maker that’s part of luxury-goods powerhouse LVMH, is exploring new markets in Africa as
2023-07-21 16:24
Fast grocery firms doomed by French dark store ban
Hampered by hostile new regulations, firms that promised instant grocery deliveries are leaving France.
2023-07-20 00:24
Kering Said to Tap Defense Advisers as Activist Bluebell Circles
Kering SA is speaking to defense advisers as activist investors including Bluebell Capital Partners Ltd. circle the French
2023-07-19 21:21
EU’s Latin America Charm Offensive Hits a Roadblock Over Putin
Europe’s attempt to elbow aside China and Russia in the tussle for influence across Latin America came up
2023-07-19 02:55
Kering Says Gucci CEO Marco Bizzarri to Leave Struggling Brand
Kering announced that Marco Bizzarri, the chief executive officer of its biggest brand Gucci, is leaving the struggling
2023-07-19 00:19
LVMH’s Sephora Weighs New China Head to Seek €20 Billion Sales
Sephora, the cosmetics retailer owned by luxury conglomerate LVMH, is considering an overhaul of its China operations, including
2023-07-18 20:28
Dover Warns of Travel Delays Even With Improved Processing
The busiest UK port said it’s ramped up processing capacity to help ferry more people to the continent,
2023-07-18 16:52