L’Oréal Overtakes LVMH as France’s Most Valuable Listed Company

By admin September 16, 2026 No comment

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L’Oréal became France’s most valuable listed company on Tuesday, overtaking luxury giant LVMH as weaker demand continues to weigh on the global luxury sector. L’Oréal’s market capitalisation reached around €203 billion, compared with about €201 billion for LVMH, marking the first time since 2017 that a non-luxury company has held the top position on the […]

Gucci Faces Backlash Over AI-Generated Fashion Images

By admin February 25, 2026 No comment

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Gucci has drawn criticism after posting AI-generated images to promote its upcoming Milan Fashion Week show. Users on social media questioned the use of AI in place of human models and photographers, arguing it clashes with the fashion house’s emphasis on creativity and Italian craftsmanship. The images were clearly labeled as “created with AI,” but […]

L’Oréal Seeks Earlier Access to Gucci Beauty Licence as Kering and Coty Hold Talks

By admin February 14, 2026 No comment

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French cosmetics giant L’Oréal would welcome taking over the Gucci beauty licence before its current 2028 expiry, chief executive Nicolas Hieronimus said, confirming that discussions are under way between Gucci owner Kering and present licence holder Coty. Speaking at an analyst conference, Hieronimus said L’Oréal would be “happy to get the brand sooner,” but stressed […]

Italian Police Request Governance Records from 13 Fashion Brands

By admin December 4, 2025 No comment

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Italian police visited the headquarters of 13 major fashion brands, including Dolce & Gabbana, Versace, Prada, and Gucci, requesting documents on governance and supply-chain controls. The action is part of an investigation into alleged worker abuse at subcontractors, although none of the companies are under formal investigation or subject to court-appointed

Prada Acquires Versace in Major Luxury Fashion Shake-Up

By admin December 3, 2025 No comment

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Prada has officially acquired Versace in a landmark deal worth $1.38bn (£1.04bn), bringing two iconic Italian luxury labels under one umbrella. The purchase price is significantly lower than the nearly $2bn paid by Versace’s former owner, Capri Holdings, in 2018. With this acquisition, Prada strengthens its portfolio—already home to brands like Miu Miu—as competition

Elevating Global Luxury Standards with Alcazar’s Ultra-Rare T-Shirts

By admin November 22, 2025 No comment

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Indian entrepreneur Dr. Ajit Ravi has introduced an exceptional addition to global luxury fashion through Alcazar’s ultra-exclusive T-Shirt collection. Crafted with precision and limited to just six pieces per size — 36 in total worldwide — the collection is positioned as a high-value identity statement, beginning at a base price of ₹25,000. Reserved strictly for […]

French to get bonus to make do and mend clothes

By admin July 12, 2023 No comment

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France is introducing a bonus scheme to encourage consumers to repair their clothes and shoes rather than discarding them. Starting in October, customers will receive discounts ranging from €6 to €25 per repair. Bérangère Couillard, the junior ecology minister, expressed concerns about the 700,000 tonnes of clothing that end up in French landfills annually. The […]