Business

LVMH-Hermès affair: Reuters revelations contradict Bernard Arnault's defence

On Thursday, Reuters published an investigation that brought new information to light in one of the luxury sector's most high-profile cases: the acquisition of Hermès shares by the LVMH group. According to the news agency, LVMH made a confidential agreement in 2002 with Éric Freymond, who was the wealth manager for Nicolas Puech, one of the...

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BusinessMember

Supplier data leak: What fashion retailers need to know and do, according to experts

Three European retailers — Dutch department store De Bijenkorf, Amsterdam eyewear label Ace & Tate and German online fashion platform About You — disclosed customer data leaks in August. These companies faced the consequences of a cyber incident at logistics service provider Ceva Logistics, even though their own systems were not directly hacked....

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People

Hugo Boss: Frasers CEO Michael Murray is new chairman of the supervisory board

British major shareholder Frasers Group Plc has once again asserted its influence at the Metzingen-based fashion group Hugo Boss AG. On Wednesday, the clothing company announced that Michael Murray was elected as the new chairman of the supervisory board on Tuesday. His predecessor, Stephan Sturm, announced his resignation a few days ago. Murray...

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Retail|Report Member

Paris retail tour: how brands are reinventing physical boutiques as experiential spaces

Ami, Dover Street Market, Nespresso, Coach and Caudalie: ahead of the NRF Retail’s Big Show Europe trade fair, event organiser Comexposium arranged a retail tour in Paris for French and international journalists. The stroll on the eve of the NRF Retail’s Big Show Europe, taking place from Tuesday to Thursday, at Porte de Versailles, demonstrated...

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