Articles by AFP
Arnault family appoints Veuve Clicquot CEO as Paris FC's managing director
Paris - The Arnault family, majority shareholder of Paris FC via its holding company Agache, has appointed the CEO of Veuve Clicquot Ponsardin (LVMH Group), Jean-Marc Gallot, as the football club's managing director. He will take up the position from October 1. The Ligue 1 club and the holding company announced the appointment in a statement on...
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European textile federations call on the EU for "urgent action" against ultra fast fashion
Paris - "Without delay", "immediately": European textile and clothing companies "can no longer wait years for measures to be taken against ultra fast fashion", they write in a joint letter to the European Commission. Fashion and textile players are growing impatient with the slow legislative response to Shein, Temu and AliExpress. These large...
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Television stars shine on the Emmys red carpet
Los Angeles – Television's biggest stars walked the red carpet on Sunday under a bright September sun for the Emmy Awards. This event is the first of many that will set fashion trends on the road to the Oscars. Here are some of the best looks seen at the Peacock Theatre in Los Angeles: Regal in red Selena Gomez, who stars in Hulu's Only Murders...
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Kering to develop Valentino eyewear
Paris - French luxury group Kering, which holds a 30 percent stake in the Valentino fashion house, is set to develop and distribute Valentino's eyewear collections. This new partnership between Kering Eyewear and Valentino will begin on January 1, 2026, marking the start of a long-term collaboration. According to a press release issued on...
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Bernard Arnault 'Honored' by Armani's consideration of LVMH
Paris - Bernard Arnault, chairman and chief executive officer of LVMH (LVMH), said on Friday he was "honoured" that his group had been named in Giorgio Armani's will as a potential partner for the Italian group. Arnault told Agence France-Presse (AFP): "Giorgio Armani, whom I had the pleasure of knowing personally, was a true genius; the only...
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Swatch responds to US tariffs with special "39%" watch
Zurich - Watch brand Swatch has responded to US tariffs with a special edition watch. The design plays on the 39 percent levy imposed on Switzerland. The brand has pledged to stop selling the watch "as soon as the US changes its tariffs". The Swiss brand, known for its multicoloured plastic watches, has launched a model where the numbers three...
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Independence, informality and a touch of tradition: Relaxed gathering of the watch industry
An important summer meeting for watchmakers took place in a nautically designed pavilion in Switzerland. With a brand-new format and a varied programme, Geneva Watch Days is a relatively new entry in the industry calendar. It aims to remain fresh and forward-looking. Founded as a one-off antidote to the economic downturn during the Covid-19...
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'Minimalist' Ralph Lauren designs kick off New York Fashion Week
Ralph Lauren moved the start of New York Fashion Week a few hours early, presenting a Spring 2026 collection on Wednesday that the designer described as minimalist with a touch of softness. The setting: the designer's offices on tony Madison Avenue, where models presented a range of fitted and flowing silhouettes mostly in solid colors....
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Richemont chairman hopeful of negotiated solution on US tariffs
Zurich - Richemont chairman Johann Rupert expressed optimism for a negotiated solution regarding US tariffs on Swiss goods. He stated on Wednesday that the luxury group remains "well-positioned" for the long term. "I am in contact with the Swiss government and the heads of the negotiations in the US", Rupert said at the annual general meeting in...
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Kering: Luca de Meo promises swift, "clear and strong" choices to "streamline, reorganise, reposition" certain brands
"The current situation reinforces our determination to act without delay", stated Luca de Meo on Tuesday at the Kering shareholders' meeting, which is to validate his appointment as the group's new chief executive officer. "This will require clear and strong choices." He emphasised the need "to continue deleveraging and, where necessary,...
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