François-Henri Pinault told the group’s annual general meeting he was “confident” it could “strongly outperform” the luxury market.
The Italian private equity bought a 51 percent stake in the women’s wear brand designed by Giada Forte.
The luxury firm’s first-quarter revenues beat market expectations but lagged its French peers.
The perfumery chain gifted 100,000 euros to Cosmetic Executive Women.
The avant-garde Danish designer will show his fashion and art at the Maison du Danemark from May 12 to July 16.
The brand has mounted an exhibition and pop-up space featuring a selection of images from the publication in London.
The company plans a rollout to other U.K. and European cities to cater to time-poor women.
The manager succeeds Robert Polet, who remains director of the group.
Both business segments contributed to the quarterly growth.
The Federation of the Swiss Watch Industry revealed a 7.5 percent increase in international sales after 20 consecutive months of declines.
Carel has repositioned — moving its average consumer age from 60 to 35 and under.
During the event, the designer will also present a fashion capsule developed in collaboration with graffiti artist Alec Monopoly.
The Leonardo DiCaprio Foundation and Oceana’s United States Shark Conservation Program will benefit from Gillier’s decision to sell some of the collection.
Since opening his first store in Paris in 1992, Louboutin has sold footwear, handbags, small leather goods and beauty products and now has more than 100 stores.
– April 26, 2017