LVMH, the world’s biggest luxury group has acquired 80 percent of Italian fashion house Loro Piana for 2 billion euros ($2.57 billion).
On the occasion of Les Journées Particulières, Dior opened to the public its historic salons at 30, Avenue Montaigne in Paris and presented the House’s iconic savoir-faires.
Cosmetics chain Sephora has opened a beauty mega-boutique in Shanghai featuring 7,000 products over five floors.
Chateau d’Yquem won’t sell this year’s vintage of its Sauternes sweet wine after rain diluted the quality of the grapes at harvest.
LVMH has released a coffee table book that gives readers a behind-the-scenes glimpse at the estates that produce its world famous wines and bubbly.
Luxury-goods giant LVMH Moët Hennessy Louis Vuitton has opened a managerial training center in Singapore, its first outside of Europe.