LVMH Acquires Arnys

French luxury giant LVMH Moet Hennessy Louis Vuitton Thursday said it bought fashion house Arnys, which makes clothes and accessories for men.

H&M to launch luxury brand?‎

Swedish high street giants Hennes and Mauritz, who own H&M, COS, Monki and Cheap Monday, are rumoured to be branching into a luxury line.

Hong Kong investors buy fashion brand Sonia Rykiel

Hong Kong investment firm Fung Brands has bought 80 percent of French fashion house Sonia Rykiel in a partnership aimed at boosting the brand’s global presence. “The partners want to develop the company as a true international luxury brand,” they said in a joint statement. The Rykiel family will retain a 20 percent stake and … Continued

Oscar de la Renta invites fans to submit ideas

Oscar de la Renta, the high-fashion designer, is launching a digital inspiration Board open to everyone who wants to share an idea for his next collection. For the next 3 months, fans will be able to upload images or videos to the site; these will then appear on a screen in de la Renta’s studio … Continued