Stories on fashion and luxury you won't read elsewhere

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Miss Tweed:
Stories on fashion and luxury you won't read elsewhere
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Astrid Wendlandt
14 June 2026
Beauty industry leader L’Oréal and Italian eyewear giant EssilorLuxottica are gearing up to do whatever it takes to prevent LVMH from getting its hands on Armani as the bidding process for a 15 percent stake in the Italian fashion company is about to start. Financial advisers estimate Armani to be worth around €6 billion.
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Astrid Wendlandt
13 June 2026
Olivier Rousteing is in the process of joining Puig’s Rabanne fashion and perfume brand, sources close to the Spanish perfume company said. The 40-year-old French designer left Balmain in November after serving as creative director for 14 years. His mission will be to boost Rabanne’s brand awareness and enhance its luxury positioning to lift perfume sales.

Rousteing will focus on building the couture business and dressing celebrities for red-carpet appearances. Puig sister brand Jean-Paul Gaultier follows exactly that model. It focuses on staging amazing shows and designing stunning outfits for superstars.
Weekly Highlights
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Frasers Group, controlled by British billionaire Mike Ashley, embarked this week on his biggest deal ever a with takeover offer for Hugo Boss that values the German fashion house at €2.7 billion.
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