WPP acquires design agency Made Thought to ‘raise the bar’ for creativity December 6, 2021 WPP today announces the acquisition of a majority stake in branding and design agency Made Thought.
The reality of large-scale enterprises adopting blockchain technology January 30, 2023 Toby Gilbert of Coinweb has little doubt that large-scale enterprises can accelerate and deliver adoption for blockchain... eventually.
Toyota, Starbucks and LVMH shut down some China operations over coronavirus fears January 29, 2020 Japanese carmaker Toyota, US coffee chain Starbucks and French luxury goods company LVMH have all shut down some of their China operations in reaction to the spread of the coronavirus. Toyota said today that it would keep its plants in China closed until at least 9 February in reaction to the spread of the virus. [...]
LVMH close to buying Tiffany & Co for $16bn November 24, 2019 Luxury fashion house LVMH, the owner of Louis Vuitton, is close to buying jewellery retailer Tiffany & Co for about $16.3bn. LVMH, which also owns Dior and Moet & Chandon, is nearing an agreement to acquire the US jewellers for $135 per share, in a deal that could be announced this evening or tomorrow. Read [...]
Checking into Prince William and Kate’s getaway, Cheval Blanc Randheli Maldives March 16, 2023 THE HOLIDAY: Over-water villas and white sand beaches? Meh, I’ve heard it all before. The Indian Ocean archipelago of the Maldives can feel so clichéd, it takes a seriously swish hotel to stand out from the rest. Enter Cheval Blanc Randheli, a very French take on the postcard-pristine tropical idyll, owned by luxury goods house [...]
Mark Kleinman: British Steel, Freetrade’s Future and Investment Association grumbles February 23, 2023 I wasn’t wrong a few weeks ago when I wrote here that sorting out Britain’s financially troubled steel industry would ultimately be someone other than Grant Shapps’ mess to clean up. What I didn’t anticipate then was that just a month later Kemi Badenoch would become the fourth business secretary in six months given the [...]
The billionaire yacht lifestyle, for less: a glamorous trip aboard Le Ponant June 11, 2024 Go on this stunning yacht and make new friends
Man Down: Rihanna’s Fenty fashion line closes after two years February 10, 2021 Pop star Rihanna is closing her Fenty fashion line less than two years in production. Luxury goods group LVMH announced it was putting the brand “on hold” but pledged to concentrate on the “Fenty ecosystem” which includes Rihanna’s lingerie and beauty ranges. The singer and Louis Vuitton owner launched the brand in May 2019 and [...]
LVMH strikes $16.2bn deal for jeweller Tiffany November 25, 2019 Louis Vuitton owner LVMH has struck a $16.2bn (£12.6bn) deal to buy iconic Fifth Avenue jeweller Tiffany after first launching a bid late last month. The $135 (£105) per share deal will see the jeweller join top name brands such as Givenchy and Christian Dior under LVMH’s umbrella. Read more: When a fat finger caused [...]
Puttin’ on the Ritz: The business of selling luxury July 4, 2022 If you are a regular reader of this column, it is a fair bet that you enjoy—or at least have a healthy interest in—what are hoarily known as the finer things in life. I have written about cocktails, tailoring, members’ clubs, cigars, hats and a gallimaufry of luxury-associated subjects, unstinting in my recommendations and preferences. [...]