Recovering sales of Louis Vuitton handbags helped LVMH contain the fallout from the coronavirus crisis in the third quarter, as the world's biggest luxury goods group reported a smaller-than-expected drop in revenues.
US biotech firm Bolt Threads has announced "an unprecedented consortium” of major global companies “who have secured exclusive access to its innovative material, Mylo”. Adidas and Lululemon are also on board.
After stepping in as head of Reebok Studies last year, the Haitian-American designer is now taking over creative direction for the whole brand, as well as joining the Adidas-owned label's leadership team.
The brand has put together an impressive video, where models leap acrobatically around some of Paris' most beautiful monuments at sunset, all while wearing the label's menswear collection for Spring/Summer 2021.
LVMH is parting ways with luxe shoe label Nicholas Kirkwood after seven years with Kirkwood taking back control. The brand is loss-making and was never likely to rival some of LVMH's mega names in terms of turnover.