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Kering closes its stores on Saturday, the applications are opened for the LVMH innovation award, the d’Auchel luxury leather goods manufacturer moves to Troyes region and other news of the day.
Press review
Kering gives up opening its stores on Saturday
While department stores such as Le Printemps and Galeries Lafayette have finally decided to open after 3 Saturdays at a loss, the Kering group is playing it safe.
“In order to ensure the safety of our teams and customers, all Parisian shops in our homes will remain closed on Saturday,” Kering said in a statement. These are the boutiques of Gucci, Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen, Brioni, Boucheron, Pomellato, Dodo, Qeelin, Ulysse Nardin and Girard-Perregaux.
Figures relating to losses suffered by luxury stores because of the riots, have not yet been reported.
In addition, François-Henri Pinault said on RTL, where he was received to discuss the 10th anniversary of the Kering Foundation: “I was surprised by the scale of the movement, but I understand” “We are already in a country where inequalities are high, if, in addition, inequalities are increasing and you have no prospects of being able to progress socially and your purchasing power is mechanically decreasing, it is unbearable,” he added.
LVMH calls for start ups in 2019 Luxury innovation push
In May, luxury giant LVMH will present its “LVMH Innovation Award” for the third time. This award is intended to reward a start-up of less than ten years old and less than 100 employees, meeting the challenges of the French group in terms of customer experience.
By 15 February 2019, thirty finalists will be selected by a jury of professionals. All will benefit from a spotlight at the Viva Technology show, which will be held from 16 to 18 May at Porte de Versailles in Paris. It is on this occasion that the winner will be announced, winning a one-year personalized support within LMVH.
In 2018, the jury awarded Oyst (one-click purchase without additional information) and the previous year, it had awarded the start-up Heuritech (study of the desirability of fashion brands and products via artificial intelligence).
D’Auchel luxury leather goods brand settles near Troyes
Made in France is once again attracting with the installation of new luxury leather goods workshops d’Auchel in the surroundings of Troyes.
The d’Auchel house should employ about thirty craftsmen by 2021. They will produce very high quality hand-sewn leather bags for the brand and other leading luxury brands. Some craftsmen will even be trained locally.
First, installed in the Parc of Great Troyes in Sainte-Savine, the factory is to be established in one year’s time in the Torvilliers business park.
Mellerio and Rare Champagne join forces for an exceptional cuvée
Maisons Mellerio and Rare Champagne are happy to reveal their collaboration around a millesime of only 1000 magnums, made from the 1997 harvest and kept confidential for more than twenty years: Rare Le Secret.
To dress four of these exceptional bottles, Laure-Isabelle Mellerio created a precious ornament of gold, platinum and diamonds inspired by the knots that Queen Marie-Antoinette, a muse common to both Houses, she loved so much. The other 996 vials are decorated with a gold and numbered plate.
Stella Mc Cartney is encouraging to consume less
Through a renewed partnership between the fashion brand and the reseller company The RealReal, Stella McCartney is encouraging consumers to adopt a circular economy.
Like most retail industries that rely on consumers to continue to buy more and more. With each new season, new trends, new colours, while last year’s clothes remain in the closet and, even worse, find their way to the landfill.
In the United Kingdom, the value of clothing not worn in closets is estimated at $46.7 billion. Meanwhile, the average American throws 81 pounds of clothing away each year, leaving some 26 billion pounds of textiles and clothing in landfills. A vicious circle that Stella Mc Cartney wants to stop by encouraging consumers to consume better and to be more sustainable.
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