Alexandre Arnault appointed co-CEO of Rimowa

The acquisition of Rimowa brings to over 80 the number of international brands owned by LVMH. Matter of fact, it would hard for any self-respecting person to spend a day without consuming something by LVMH. Seeing as its labels include everything from Louis Vuitton luggage, Christian Dior couture, Fendi furs, Guerlain perfumes, Hennessy brandy, Belvedere vodka, one quarter of all French champagne and the beauty retailing giant Sephora. We caught up with Alexandre at the official opening of Rimowa’s Paris flagship, when everyone from his Karl Lagerfeld to Bella Hadid [...]

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Yves Saint Laurent aims to surpass 3 billion euros in turnover

2016 was the sixth consecutive year of growth for Yves Saint Laurent, with sales reaching 1.22 billion (+ 25.3%), and operating profit of around 268.5 million (+ 59%), 22% of sales. But the company CEO Francesca Bellettini said in an interview to CorrierEconomia that she is not satisfied: “Our target is 3 billion in revenues, because we have the strength and the talent to do it. About Anthony Vaccarello? It was a long weighed decision. He is the perfect man.” In an interview to the FT, Belletini points to brand’s [...]

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Johann Rupert, Chairmain of Richemont, establishes Michelangelo Foundation with craftsmanship focus

Johann Rupert, 66-year-old South African billionaire, chairman and controlling shareholder of the luxury goods group Richemont, owner of brands such as Cartier, Montblanc and Van Cleef & Arpels has recently spoken about the  Michelangelo Foundation which he quietly and without much fanfare founded. A Geneva-based nonprofit organization, it aims to champion master craftsmanship (initially focusing on Europe) by building networks of like-minded artisans and their supporting institutions, facilitating apprenticeships and nurturing global recognition for the Continent’s applied arts culture, hoping to bolster its future. “Our society today honors all the wrong people. [...]

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The future of the luxury brands of Starwood and Marriott: “We keep all brands”

In a recent interview, Tina Edmundson, Marriott’s Global Brand Officer provided her view on the future of the luxury brands of the merged group. Marriott was already the biggest hotel company in the world with its 19 brands—including Ritz-Carlton, JW Marriott, and Edition—and now it has 30. Amazingly, all of them are staying, and Edmundson didn’t give any indication that that would change. “We thought long and hard about how you serve up 30 brands in a meaningful way—one that helps consumers infer both price and experience,” said the Marriott [...]

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Roeland Vos, President CEO of Belmond in an exclusive interview with CPP-LUXURY.COM

CPP-LUXURY.COM has recently interviewed, exclusively, Roeland Vos, President and CEO of Belmond Ltd. How has your company performed in 2016? And what are your expectations for the rest of the year? – in general terms, not specific financials Belmond has had a solid year and we have high expectations for a strong third quarter, which is generally our most profitable quarter. The Olympics in Brazil have given us a good uplift and we also have had a good summer across our resort hotels, particularly in Europe.  We have also recently [...]

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