Buccellati, one of Italy’s last high-end independent jewelers, is actively seeking a buyer after its new Chinese owners pulled the plug on a 200-million-euro expansion plan, sources told FashionNetwork.com.
It’s official. After weeks of rumors, Lucas Ossendrijver, the long-time menswear designer of Lanvin, has left France’s oldest couture house, bringing down the curtain on a 14-year-run at the famous marque.
Inter Parfums on Monday reported its updated 2019 guidance, forecasting sales to grow by 6% next year to reach $705 million, as the New York company expects to reap the benefits of new fragrance drops.
Following predictions from industry observers indicating Chinese company Icicle as the favourite to take over Carven, the French brand has confirmed that the premium fashion group is indeed the new owner of the house.