Missoni Family Exits Namesake Brand
The transaction gives FSI, a Milan-based private equity fund, a controlling share in the Italian luxury house, as more founder-owned brands turn to investors to fund growth and weather a tough global market.
Luxury
How rapid change is reshaping the tradition-soaked luxury sector in Europe and beyond.
THE NEWS IN BRIEF
Rolex Enthusiasts Get Kalshi Contracts to Bet on Watch Prices
The contracts allow users to trade on outcomes such as whether an item will surpass a price threshold or predict whether a brand will launch a new model.
Giambattista Valli Again Cancels Paris Fashion Show
Following a last-minute withdrawal from the couture calendar in January, the label, which is majority-owned by Pinault family investment fund Artémis, cancelled a runway outing scheduled for March 6.
Arnault Tightens Grip on LVMH as His Stake Crosses the 50% Mark
Now the Arnault family also has over 65 percent of LVMH’s voting rights.
Zadig & Voltaire Names Dan Sablon Creative Director
Sablon, who serves as Vogue France’s cultural director-at-large, will show his first collection for the French fashion label in March during Paris Fashion Week.
Moncler Revenues Up 7% in Fourth Quarter on Strong Asia, Americas
The Italian luxury outerwear group posted a better-than-expected sales rise thanks to growth in Asian and US markets.
Swiss Watch Exports Resume Slump as US Rebound Proves Short Lived
Exports fell 3.6 percent in January, led by a decline in the most expensive precious metal watches and a slump in the US market.
Cucinelli Says It Resumed Shipments to Saks at End of January
Executive chairman Brunello Cucinelli said the company has seen no financial hit in 2026 from the luxury retailer’s bankruptcy.