Gucci names Massimo Vian head of industrial operations and supply chain

Translated by Nicola Mira Published Dec 15, 2023 A new executive will soon take charge of industrial operations at Gucci. The Kering group’s leading label has appointed Massimo Vian, formerly COO of Prada, to the newly created post of head of industrial operations and the supply chain. A highly strategic role, given how important it … Read more

Gucci unveils new boutique concept at its renovated Milan store

Translated by Roberta HERRERA Published Dec 13, 2023 Following an extensive year-long refurbishment, Gucci unveils its fully renovated flagship store in Milan. The reopening of its historic boutique, established since 1951 on the prestigious Via Montenapoleone, marks the definitive departure from the era of Alessandro Michele. The former creative director’s flamboyant style has given way … Read more

The record rush to buy a Rolex or a Patek Philippe is over

By Bloomberg Published Dec 9, 2023 The biggest ever boom in Swiss luxury watches is coming to an end. For three years, the industry enjoyed a surge of renewed interest that kicked off during the pandemic, when wealthy – and cash-flush – consumers stuck at home began drooling over luxury mechanical wristwear from iconic Swiss brands. … Read more

Hermès created Europe’s biggest family fortune after spurning LVMH

By Bloomberg Published Dec 9, 2023 On a chilly October day in Paris in 2010, Bertrand Puech got an unexpected call on his cellphone from Bernard Arnault, the founder of luxury giant LVMH Moët Hennessy Louis Vuitton SE and one of the world’s richest men. Arnault told Puech, the family patriarch at rival Hermès, that his … Read more

Bernard Arnault acquires another Champs Elysées building

Luxury’s greatest shopaholic, Bernard Arnault, has bought himself another trophy building, located on his favorite strip – Les Champs Elysées. Bernard Arnault – LVMH  The French multi-billionaire snapped up 150 avenue Champs Elysées, an 18,000 square-meter building, which sources indicate set Arnault back close to one billion euros. Meaning a whopping €55,000 per square-meter. According to … Read more

Sergio Rossi names ex-Hindmarch and Belstaff chief Wright as new CEO

Sergio Rossi has a new Global CEO with Helen Wright taking over from interim CEO Paul Kotrba after a career spent in the fashion industry’s higher-end in her native Australia and in London. Helen Wright – Sergio Rossi Wright has “over 25 years’ experience gained in corporate, private equity, and owner founder settings for multi-national … Read more

Nicole Kidman, oversize as ever, and an original collaboration with Erewhon

For the first show in its history in Los Angeles, Balenciaga kept the event a secret. On Friday, journalists and guests received a package containing a silver ingot in the shape of an energy bar, a nod to the healthy lifestyle of Los Angeles and also to the collaboration imagined with Erewhon. Balenciaga and Erewhon … Read more