Chanel and Brunello Cucinelli Confirm Their Cooperation With Italian Authorities
The Parisian fashion house Chanel and the Italian group Brunello Cucinelli have responded to the raid on their offices by Milanese authorities last Thursday. The two luxury brands intend to cooperate fully with Italian authorities as part of an investigation into alleged working conditions at some of their subcontractors.
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Chaumet Advances the Acquisition of B.M.C. by Two Years to Secure its Jewellery Expertise
According to a source close to the LVMH Group, Chaumet has moved up the acquisition of 100% of the Italian manufacturer B.M.C. S.p.A. by two years; the deal was originally scheduled for 2028. The Parisian high-end jewelry house, owned by LVMH since 1999, had taken an initial stake in the Valenza, Piedmont-based company in 2020.
By Eva Morletto
Burberry Wins Over Gen Z And Returns to Growth in The 2026-2027 First Quarter
Burberry has posted an encouraging first quarter, with a 5 per cent rise in sales and retail turnover of £455 million. This is the British group’s best quarterly performance in three years, driven by a transformation strategy launched by its chief executive, Joshua Schulman.
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