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Fashion Exclusive

LVMH-backed Aimé Leon Dore looks for new investor

Astrid Wendlandt

30 August 2026

Aimé Leon Dore, the cool upmarket New York streetwear brand backed by LVMH, has hired JP Morgan bankers to help it sell a controlling stake and finance its next level of growth, industry sources say.

Weekly Highlights

D&G UNDER PRESSURE TO COPE WITH DEBT

Bankers are forcing Dolce & Gabbana to sell real estate in key cities like Milan to lower debt in response to the company’s frail finances. The Italian fashion house is known for living above its means and hosting spare-no-expense events, like the Jennifer Lopez concert that closed its Alta Moda show in mid-July in Taormina, Sicily.

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Versace Retrospective in Paris celebrates nonconformist 1990s

Catherine Lebrun

9 August 2026

As Versace prepares to embark on a new creative chapter under the direction of the talented Pieter Mulier, the man behind Alaïa’s revival, the Maillol Museum in Paris is presenting an exhibition that traces the career and history of the fashion house’s founder, Gianni Versace.

Fashion

Alaïa struggles to find a replacement for Mulier

Astrid Wendlandt

2 August 2026

Alaïa has enjoyed spectacular growth under Pieter Mulier. His Teckel bags and ballerina flats sell like hot cakes and are copied by many brands. The Belgian designer left the brand a few months ago after having done a fantastic job revamping its image and restoring its fashion authority since 2021. Last month, Mulier started working for Alaïa’s rival Versace.

Fashion

Why Dior is improving only modestly while Chanel is on fire

Astrid Wendlandt

26 July 2026

When LVMH publishes its second-quarter results on Monday, investors will want to know if Dior’s sales are finally rising, boosted by demand for Jonathan Anderson’s designs, after several quarters of decline. Since he joined Dior a year ago, the Northern Ireland-born Anderson has successfully refreshed the brand and given it new relevance.

Strategy

For high spenders, a brand-hosted dinner is no longer enough

Victor Gosselin and Astrid Wendlandt

19 July 2026

Fashion and luxury brands need to up the ante if they want to hold on to their high-spending very important customers (VICs), experts and industry executives say. Competition for their loyalty and deep pockets has become much fiercer than it was two or three years ago.

Cosmetics

Coty could lose more licenses starting with Burberry

Astrid Wendlandt

12 July 2026

Coty is a shrinking company. You wonder what will be left of it in a few years’ time. This week, the New York-listed beauty group sold its Gucci perfume and beauty license, one of its biggest, to L’Oréal and Kering for $400 million. The next step could be selling or losing licenses with other big fashion and luxury brands. On the list, Burberry would be first, followed by Hugo Boss and others.

Fashion

Kering and Mayhoola may have to renegotiate Valentino deal

Astrid Wendlandt

5 July 2026

Kering is having second thoughts about buying the 70 percent in Valentino it does not already own due to the brand’s poor performance, sources close the French group said.

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