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Petri joins Balmain from Chaumet, where he served as retail director of Europe. Prior to this, he worked in strategy and project management at LVMH.
In his new role, Petri will spearhead Balmain’s commercial strategy and optimise its wholesale and retail distribution network.
A pioneer in luxury education since 1991, French business school ESSEC has launched a new Master’s in Luxury Management — preparing students for the evolving luxury industry through a thorough academic and hands-on curriculum.
Oberg stepped into the top job at her startup last August. In an exclusive interview with The Business of Fashion, she explained how she plans to scale her business while sidestepping the ‘founder’s ego’ problem that has doomed many emerging brands.
Discover job openings at the LVMH luxury fashion house on BoF Careers, the global marketplace for fashion and beauty talent.
With hiring slowing and AI reshaping entry-level work, recent graduates are turning to a mix of old-school tactics and unconventional paths to get a foothold.
Christine Hunsicker admitted she falsified financial statements to promote CaaStle Inc. as a valuable, growing business when in reality it was struggling.
The American cosmetic giant’s buyout of Ayurvedic beauty line Forest Essentials came as a surprise. By picking an under-the-radar brand it knows well, the company can show that it’s still in the M&A game without needing to outbid rivals.
The underwear company is anticipating net sales of at least $6.85 billion in the current fiscal year, exceeding analyst estimates and marking the highest revenue since its split from L Brands Inc in 2021.
The Japanese brand is accelerating its expansion in India to capture a greater share of the rapidly growing apparel market and affluent consumer base.
