The 34th Hyères Fashion Festival begins on Thursday, with a busy programme of exhibitions, shows, competition and conferences, with Natacha Ramsay-Levy as guest of honour and the Chanel-sponsored Métiers d’art Prize.
According to a survey for the Altagamma association with BCG, a growing interest in collaborations and second-hand items are the features of a new kind of luxury goods consumption, chiefly by youngsters.
France accounts for over one quarter of the total sales of the top 100 luxury corporations worldwide according to Deloitte’s 2019 report, with 9 groups listed and LVMH, L'Oréal, Kering and Chanel in the top 10.
Hanneli Rupert, daughter of Johann Rupert, chairman of Cartier and Richemont, has emerged as a countercurrent voice defending the use of exotic leather while the rest of the industry has been moving away from it.
From New York's Fifth Avenue to Paris' Place Vendome, Louis Vuitton sells its handbags at some of the world's swankiest locations - but the brand is increasingly betting on "pop-ups" to keep shoppers hooked.
Chanel and The RealReal continue to be embroiled in a legal dispute that began in November, with the French fashion house showing no signs of backing down following a new filing in a New York federal court.