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LUXURY AT THE SUMMIT 2025
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Stories on fashion and luxury you won't read elsewhere
Miss Tweed:
Stories on fashion and luxury you won't read elsewhere
Stories on fashion and luxury you won't read elsewhere
Top Stories
Astrid Wendlandt
19 January 2025
The year 2025 will be tough for many luxury brands but it will also be a year of high activity in terms of mergers and acquisitions, as struggling labels will need new investors and fresh cash to survive the current downturn. One of the biggest brands to be put on the block will be Versace.
Miss Tweed
19 December 2024
SUSTAINABILITY - WHAT WORKS AND WHAT DOESN’T
Dear readers and summiteers,
Miss Tweed is excited to announce that we will be hosting the fourth edition of our Luxury at the Summit in Val d’Isère April 10-13, 2025.
Our summit next year will be around the theme: Sustainability – what works and doesn’t. In the past decade, fashion and luxury brands have invested a lot of time and money to help preserve the environment and minimize waste and pollution. It’s been a trial-and-error process. Some projects have made a difference, while others have allowed brands to simply tick the “sustainability” box. Fashion, beauty, jewelry and watch brands will come explain to us why their initiatives have had a real impact.
Dear readers and summiteers,
Miss Tweed is excited to announce that we will be hosting the fourth edition of our Luxury at the Summit in Val d’Isère April 10-13, 2025.
Our summit next year will be around the theme: Sustainability – what works and doesn’t. In the past decade, fashion and luxury brands have invested a lot of time and money to help preserve the environment and minimize waste and pollution. It’s been a trial-and-error process. Some projects have made a difference, while others have allowed brands to simply tick the “sustainability” box. Fashion, beauty, jewelry and watch brands will come explain to us why their initiatives have had a real impact.
Weekly Highlights
Kering is offloading some real estate assets to raise cash and slim down its balance sheet. The French group announced this week it was creating a joint venture with investment firm Ardian. It would hold a 40 percent stake in the business and Ardian 60 percent. The idea is to remove the cash flow pressures generated by Kering’s real estate activities from its core business of making and selling luxury goods.
Cartier owner Richemont took the market by surprise this week by publishing strong fiscal third-quarter sales figures, creating hopes that the downturn was not as severe as feared.
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Fabio Becheri and Astrid Wendlandt
12 January 2025
SHANGHAI/TOKYO - Many Chinese shoppers prefer spending money on trekking gear and outdoor activities than on overpriced luxury goods and the trend should continue well into 2025, analysts predict. The luxury slowdown that started in China a year ago is here to stay as health is the new wealth in the world’s second-largest economy.
Astrid Wendlandt
22 December 2024
RIYADH – The Kingdom of Saudi Arabia, the largest country in the Middle East and one of the richest, could eventually overtake Dubai as a luxury destination, some executives believe.
Fabio Becheri
20 December 2024
Balenciaga has a new boss: Gianfranco Gianangeli, former CEO of Martin Margiela and Chief Commercial Officer of Saint Laurent. He’s got a tough task to restore the brand to its past commercial success two years after the profit destructive scandal over its use in ads of teddy bears in bondage gear which unleashed a firestorm of bad publicity.
Astrid Wendlandt
15 December 2024
MUSCAT – French cosmetics giant L’Oréal is expected to announce a minority investment in Amouage, the biggest perfume success story on the Arabian Peninsula backed by the Sultanate of Oman, senior industry sources said. In April, Bloomberg reported that L’Oréal was in talks to buy a minority stake in a transaction that could value the high-end Omani perfume maker at around €3 billion.
Catherine Lebrun
13 December 2024
Miss Tweed announced it, Chanel has just confirmed it.
Matthieu Blazy has landed the most coveted job in fashion: Creative Director of Chanel. He will present his first collection in October 2025. Chanel is giving him the luxury of time to get the brand under his skin and think about what his vision for the storied house will be.
Matthieu Blazy has landed the most coveted job in fashion: Creative Director of Chanel. He will present his first collection in October 2025. Chanel is giving him the luxury of time to get the brand under his skin and think about what his vision for the storied house will be.
Astrid Wendlandt
8 December 2024
The revamp of LVMH’s top creative and executive management is far from over and will last well into next year, several sources with first-hand knowledge of the matter say.
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Miss Tweed's Boutique
A Year in the News 2023-2024 is a compilation of Miss Tweed's stories published during its fourth year. Like the third yearbook, it is a limited edition. Hence, it is a collector's item. It's designed to celebrate the work of illustrator Claire Laude. Each illustration runs next to the first two paragraphs of the story. It does not contain the entire story.
25 €
Author and journalist Astrid Wendlandt conducted a four-year investigation into the secretive world of fashion and luxury involving hundreds of interviews with top executives and designers. How Luxury Conquered the World explains how this industry has become one of the pillars of the global economy, putting it on a par with Google, Amazon, Facebook and Apple combined in terms of job creation and economic might.
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