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LVMH creates Heng Long Italy

LVMH Métiers d'Art is strengthening its position in Europe by acquiring an exotics’ leather maker and a high-end ready-to-wear leather maker.


Lanvin aims to be profitable by 2023

The French luxury label aims to become profitable by 2023 through a new turnaround plan that includes a boost in accessories and the downsizing of the Paris headquarters, the brand’s Deputy Chief Executive Officer, Arnaud Bazin, told Women’s Wear Daily.


Mulberry could close UK production site

The British fashion and accessories brand, which is preparing to permanently close down its offices in Paris and Hong Kong, is also reportedly considering to discontinue its footwear line.