On Friday, French luxury brand Hermès announced the commencement of work on a new leather goods production site in Louviers, Normandy. The site is scheduled to open its doors in 2022 and will accommodate 250 artisans.
Resale marketplace The RealReal’s latest annual report has highlighted a shift towards high-value items during the Covid-19 pandemic, as well as other trends, including the rise of stealth luxury and luxury streetwear.
LVMH, the world’s biggest luxury goods group, said sales momentum picked up in June and had especially improved in China, after store closures sparked by the pandemic tore a hole in the Louis Vuitton owner’s Q2 sales.
The Paris haute couture collections, to most fashion aficionados the ultimate expression of creative fashion, debuts in Paris on Monday morning, with the first digital season in the world’s greatest fashion capital.