These Are the Companies That Have Withdrawn From Russia

More than 400 companies have withdrawn, at least temporarily, from Russia since it invaded Ukraine. Some have been there since the fall of communism — symbols of the enduring power of Western culture and commerce.

#3m-company, #apple-inc, #boycotts, #bp-plc, #british-american-tobacco-plc, #christian-dior-sa, #coca-cola-company, #cold-war-era, #ford-motor-co, #ikea, #levi-straussco, #lvmh-moet-hennessy-louis-vuitton-sa, #mcdonalds-corporation, #pepsico-inc, #pizza-hut, #russian-invasion-of-ukraine-2022, #uniqlo

How Billionaires Are Shaping France’s Presidential Campaign

In a nation with strict political finance laws, control over the news media has provided an avenue for the very rich to influence elections, this one more than ever.

#bertelsmann-ag, #bouygues, #campaign-finance, #canal-plus, #cnews-canal-plus-sa, #elections, #fox-entertainment-group-inc, #france, #lagardere-publishing, #lvmh-moet-hennessy-louis-vuitton-sa, #macron-emmanuel-1977, #media, #news-and-news-media, #newspapers, #politics-and-government, #radio, #television, #tf1-group, #vivendi

No Ikea Shelves, No Levis: The Western Retail Exodus From Russia Is On

Since the invasion of Ukraine began, the increasing financial and reputational risks of doing business in Russia is leading Western brands to halt operations.

#balenciaga-fashion-label, #embargoes-and-sanctions, #luxury-goods-and-services, #lvmh-moet-hennessy-louis-vuitton-sa, #owens-rick, #russian-invasion-of-ukraine-2022, #shopping-and-retail, #stanley-blackdecker-inc

Luxury Giants LVMH and Hermès Will Close Stores in Russia Temporarily

The French brands join other Western companies in pausing retail operations as the Russian invasion of Ukraine escalates.

#belarus, #hm-hennesmauritz-ab, #hermes-international-sa, #lvmh-moet-hennessy-louis-vuitton-sa, #russia, #shopping-and-retail, #shutdowns-institutional, #ukraine

Did Your Handbag Help Destroy the Rainforest?

A recent report examines the links between fashion brands and Amazon deforestation.

#adidas-ag, #agriculture-and-farming, #amazon-jungle, #brazil, #cattle, #fashion-and-apparel, #forests-and-forestry, #global-warming, #greenhouse-gas-emissions, #hm-hennesmauritz-ab, #leather-and-leather-goods, #lvmh-moet-hennessy-louis-vuitton-sa, #prada-spa, #stand-earth, #tapestry-inc, #your-feed-fashion

Workers in Europe Are Demanding Higher Pay as Inflation Soars

Prices are rising at the fastest rate on record, and unions want to keep up. Policymakers worry that might make inflation worse.

#economic-conditions-and-trends, #europe, #european-central-bank, #france, #leroy-merlin, #lvmh-moet-hennessy-louis-vuitton-sa, #organized-labor, #prices-fares-fees-and-rates, #sephora, #wages-and-salaries

Virgil Abloh, Bold Designer of Men’s Wear, Dies at 41

His expansive approach to design inspired comparisons to artists including Andy Warhol and Jeff Koons. For him, clothes were totems of identity.

#abloh-virgil, #deaths-obituaries, #design, #fashion-and-apparel, #lvmh-moet-hennessy-louis-vuitton-sa

Victims of Sexual Misconduct Testify Against Forced Arbitration

In emotional testimony before the House Judiciary Committee, four survivors of sexual misconduct said they had been required to stay silent because of “forced arbitration” clauses in their contracts.

#afiniti-ltd, #arbitration-conciliation-and-mediation, #cbs-corporation, #ganley-ken-kia-medina-ohio, #house-committee-on-the-judiciary, #louis-vuitton, #lvmh-moet-hennessy-louis-vuitton-sa, #sexual-harassment

Frédéric Arnault: The Newest Power Player in Luxury’s First Family

Frédéric Arnault is making big moves as chief executive of TAG Heuer. Just don’t mention the show “Succession.”

#arnault-bernard, #arnault-frederic, #bianchi-stephane, #content-type-personal-profile, #fashion-and-apparel, #gosling-ryan, #lvmh-moet-hennessy-louis-vuitton-sa, #tag-heuer, #watches-and-clocks, #your-feed-fashion

The Mystery of That Basquiat Painting — and Its Tiffany Blue

Ghosts of the artist’s past debate the connection to any brand.

#advertising-and-marketing, #arnault-alexandre, #art, #basquiat-jean-michel, #dayton-anne-s, #equals-pi, #gagosian-larry, #lvmh-moet-hennessy-louis-vuitton-sa, #tiffanycompany, #your-feed-fashion

Camille Miceli is the First Female Designer for Pucci

Camille Miceli once inspired Marc Jacobs, John Galliano and others. Now she’s Pucci’s first female designer.

#appointments-and-executive-changes, #christian-dior-sa, #content-type-personal-profile, #design, #emilio-pucci-srl, #fashion-and-apparel, #louis-vuitton, #lvmh-moet-hennessy-louis-vuitton-sa, #miceli-camille, #your-feed-fashion

Jay-Z Sells Half of Ace of Spades Champagne to LVMH

LVMH will acquire half of Armand de Brignac, Jay-Z’s Champagne line known as Ace of Spades.

#jay-z, #lvmh-moet-hennessy-louis-vuitton-sa, #mergers-acquisitions-and-divestitures, #moetchandon, #rap-and-hip-hop, #roc-nation

Fenty, Rihanna’s LVMH Fashion Line, Closes For Now

Rihanna was the first woman to create an original brand at LVMH, among the likes of Dior, Givenchy, Celine and Fendi.

#fenty-beauty-by-rihanna, #lvmh-moet-hennessy-louis-vuitton-sa, #rihanna, #your-feed-fashion

Luxury Giants Like Louis Vuitton Are Falling for Big Gems

“They get a lot of publicity and customers who otherwise would not have thought of these brands for high jewelry.”

#amfitheatrof-francesca, #burke-michael-1957, #diamonds, #jewels-and-jewelry, #louis-vuitton, #lucara-diamond-corp, #luxury-goods-and-services, #lvmh-moet-hennessy-louis-vuitton-sa, #tiffanycompany, #your-feed-fashion

Kim Jones Wants to Rule the Fashion World

The celebrated men’s wear designer makes his women’s wear debut at Fendi this week. Can he pull it off?

#couture-fashion, #fashion-and-apparel, #fendi-spa, #fendi-silvia, #jones-kim, #lvmh-moet-hennessy-louis-vuitton-sa, #orlando-a-biography-book, #your-feed-fashion

C.E.O.s, Former Officials Call for a Post-Trump Globalism Revival

A group of company leaders and former policymakers argue that “globalism” isn’t an epithet. Instead, they argue, it is the way forward.

#alibaba-group-holding-ltd, #arnault-bernard, #blair-tony, #dimon-james, #gates-robert-m, #income-inequality, #johnsonjohnson, #jpmorgan-chasecompany, #lvmh-moet-hennessy-louis-vuitton-sa, #politics-and-government, #tsai-joseph-c, #united-states-politics-and-government

The Luxury E-Commerce Wars Heat Up

On one side: Amazon. On the other: a new alliance of brands and platforms. Who will win?

#alibaba-group-holding-ltd, #amazon-com-inc, #bolen-alexander-lytton, #compagnie-financiere-richemont-sa, #coronavirus-2019-ncov, #e-commerce, #farfetch-com, #kering-sa, #luxury-goods-and-services, #lvmh-moet-hennessy-louis-vuitton-sa, #mergers-acquisitions-and-divestitures, #neves-jose, #quarantine-life-and-culture, #rupert-johann-1950, #shopping-and-retail, #yoox-net-a-porter-group-spa, #your-feed-fashion

This Year’s Black Friday Designer Fashion Sales May Not Be What You Think.

A group of brands and retailers have been trying to reset expectations.

#bergdorf-goodman, #black-friday-and-cyber-monday-shopping, #burch-tory, #fashion-and-apparel, #fivestory, #kering-sa, #lvmh-moet-hennessy-louis-vuitton-sa, #nordstrom-inc, #open-letter, #roussel-pierre-yves-1965, #shopping-and-retail, #van-noten-dries, #webster-the-retailer, #your-feed-fashion

Tiffany Deal Is a Signature Move by the Sun Tzu of Luxury

Bernard Arnault, the chairman of LVMH Moët Hennessy Louis Vuitton and the richest man in Europe, is no stranger to public battles.

#arnault-bernard, #fashion-and-apparel, #groupe-arnault, #gucci, #lvmh-moet-hennessy-louis-vuitton-sa, #mergers-acquisitions-and-divestitures

Can Luxury Fashion Ever Regain Its Luster?

The industry is trying to reach customers amid a severe global recession that has brought mass layoffs and plunging sales. Traditional fashion weeks might be out of step.

#amazon-com-inc, #arnault-antoine, #coronavirus-2019-ncov, #e-commerce, #farfetch-com, #fashion-and-apparel, #ferragamo-salvatore-italia-spa, #luxury-goods-and-services, #lvmh-moet-hennessy-louis-vuitton-sa, #neves-jose, #new-york-fashion-week, #shopping-and-retail

Are Exotic Skins Out of Fashion?

Covid-19 may be the tipping point when it comes to crocodile, python, ostrich, and clothes.

#agriculture-and-farming, #alligators, #animal-abuse-rights-and-welfare, #animals, #biodiversity, #convention-on-international-trade-in-endangered-species, #coronavirus-2019-ncov, #fashion-and-apparel, #fur, #kering-sa, #luxury-goods-and-services, #lvmh-moet-hennessy-louis-vuitton-sa, #minks-animals, #people-for-the-ethical-treatment-of-animals, #phillips-van-heusen-corporation, #regulation-and-deregulation-of-industry, #reptiles, #wildlife-trade-and-poaching, #your-feed-fashion

Tiffany’s $16 Billion Sale Falls Apart in Face of Pandemic and Tariffs

The luxury giant LVMH Moët Hennessy Louis Vuitton backed out of its deal to buy the jeweler.

#arnault-bernard, #coronavirus-2019-ncov, #customs-tariff, #jewels-and-jewelry, #luxury-goods-and-services, #lvmh-moet-hennessy-louis-vuitton-sa, #mergers-acquisitions-and-divestitures, #shopping-and-retail, #suits-and-litigation-civil, #tiffanycompany

Matthew Williams Takes Over Givenchy

This is not the house Audrey Hepburn’s image built.

#abloh-virgil, #alyx-fashion-label, #appointments-and-executive-changes, #design, #fashion-and-apparel, #givenchy, #lvmh-moet-hennessy-louis-vuitton-sa, #waight-keller-clare, #williams-matthew-m, #your-feed-fashion