News

Friday, July 22, 2016 at 3:59am
GREEN LIGHT: Italy’s bourse watchdog Consob on Friday said there was no reason to suspend Cairo Communication‘s tender offer to control RCS MediaGroup. The decision comes after Tod’s chief executive officer Diego Della Valle raised doubts on Wednesday about the outcome of the... read more
Friday, July 22, 2016 at 3:15am
PARIS — Isabel Marant has changed hands. The French fashion label on Friday confirmed that 51 percent of its capital has been sold to Montefiore Investment. Terms of the deal were not disclosed. Citing Isabel Marant’s “tremendous untapped potential,” Henri Topiol, a principal... read more
Friday, July 22, 2016 at 2:34am
LONDON — European stock markets made small gains in midmorning trading on Friday, with the CAC 40 in Paris leading the way. The French market advanced 0.2 percent to 4,386.18, followed by the FTSE 100 in London and the FTSE MIB in Milan, which each edged up 0.1 percent to 6,705... read more
Thursday, July 21, 2016 at 9:01pm
Prestige fragrance sales are up, but it’s not perfume consumers are after — it’s candles, up 18 percent in dollar sales for the 12 months ending April, and reed diffusers, up 36 percent. Sales increases in the $49.9 million home-scents segment are driving the most significant... read more
Thursday, July 21, 2016 at 9:01pm
PARIS — As Europe’s luxury players jockey to secure rare raw materials and know-how, leather goods isn’t the only category in view. Signaling the importance of fine fabrics to its ready-to-wear business, Chanel will today reveal it has invested in four French silk specialists,... read more
Thursday, July 21, 2016 at 9:01pm
Skin- and hair-care brand Intelligent Nutrients is opening a New York flagship on Friday, fulfilling a dream for late founder Horst Rechelbacher. “This is a store that really is about experiencing,” said Nicole Rechelbacher, Horst’s daughter, who co-owns the company with his... read more
Thursday, July 21, 2016 at 9:01pm
Kate Moss made heads spin, among other things, at Miu Miu’s resort show bash. The famous face took a break from the runways to DJ for an hour straight at the hyperenergized party at the Hôtel de la Païva, an opulent mansion on the Champs-Élysées, scratching out songs including... read more
Thursday, July 21, 2016 at 9:01pm
Pierre Bergé enlisted architects Karl Fournier, below right, and Olivier Marty, below left, of Studio KO, the firm behind the Balmain flagship in New York and Chiltern Firehouse in London, to head the Morocco project for the Musée Yves Saint Laurent Marrakech, slated to open in... read more
Thursday, July 21, 2016 at 9:01pm
On Thursday Stella McCartney posted a #tbt clip from Sundance TV’s “Iconoclasts” series on Instagram of her and artist Ed Ruscha walking through his studio. “We should do a project together too one day,” she says to Ruscha. “Wouldn’t that be fun?” he replied. “I’m being serious... read more
Thursday, July 21, 2016 at 7:03pm
TRUE COLORS: Fox’s Megyn Kelly stole her share of headlines for wearing a black spaghetti strap dress to cover the RNC Wednesday night, but the female portion of the Trump contingency have been attracting their share of attention in the fashion department. When it comes to... read more

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