Historic French luxury leather goods house Moreau Paris has been acquired by Cardinal Invest, the holding company of French luxury manufacturer Groupe Lécuyer, following approval from the Paris Commercial Court. Read More...
French luxury brand Hermès has reported consolidated revenue of €8.2 billion for the first half of 2026, up 6.1% at constant exchange rates and 1.6% at current exchange rates compared with the same period last year. Read More...
France and Italy have committed to strengthening cooperation to support the competitiveness of Europe's fashion and luxury industries, according to a joint statement issued following the 36th Franco-Italian Summit in Cannes in June. Read More...
French luxury brand Chanel has taken a further step towards establishing a new quality control and logistics centre in Tuscany after signing a protocol agreement with the Regione Toscana and the Municipality of Serravalle Pistoiese to support the development of the project. Read More...
French luxury group Kering has appointed Gianfranco D’Attis as Chief Executive Officer of Alexander McQueen, effective June 3, as the brand looks to strengthen its market position following a period of restructuring and weaker sales. Read More...
Chanel has reportedly acquired five leather goods workshops, a move that highlights growing competition among luxury houses to secure manufacturing capacity. Read More...
Luxury group LVMH is facing growing scrutiny over cost-cutting measures and restructuring efforts as reports emerge of planned job reductions at its tannery in France. Read More...
Italian trade unions have called a strike across French luxury group Kering’s operations in Italy which will take place on May 20, citing concerns over a lack of transparency surrounding the company’s restructuring strategy and planned job cuts at Alexander McQueen. Read More...
French luxury brand Hermès has reported consolidated revenue of €4.1 billion for the first quarter of 2026, representing a 6% increase at constant exchange rates, although sales declined 1% at current exchange rates due to a €290 million negative currency impact. Read More...
Hermès reported strong financial results for 2025, with revenue exceeding €16 billion for the first time as growth in leather goods and strong regional demand supported performance across most markets. Read More...
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