Speaking before parliament, Jean-Yves Le Drian clarified that he had sent the letter in response to a question from LVMH.

The potential merger entered the first phase of a European Commission investigation, with a provisional deadline of Oct. 26.

The Hong Kong firm ups its exposure to Mainland China via the well-regarded Translatio, which distributes brands like Acne, Isabel Marant, and 3.1 Phillip Lim.

LVMH said it expects to receive all requisite antitrust clearances “well before” the Nov. 24 deadline to complete the contested deal.

The French luxury group accuses Tiffany of “meritless allegations and aggressive misdirection campaign tactics.”

Made in Italy Fund will boost the international business of Rosantica with a focus on the U.S.

This confirms a WWD report on July 5 that the Italian retailer was eyeing the Belgian fashion brand.

France’s Finance Minister Bruno Le Maire stressed plans to implement a digital tax on American technology giants.

The French group is in a dispute with the American jeweler over its planned $16.2-billion acquisition.

The Minister for Europe and Foreign Affairs asked LVMH to defer the transaction beyond Jan. 6, 2021, past the deadline of the original agreement.

The deal includes Top of the World headwear, including its factory in Norman, Okla.

Jérôme Espinos, who has worked at Ralph Lauren and Rossimoda, has been named president of the French Legacy Group.

The plan is to have the fair work with Première Vision.

The retailer plans to convert the stores into its Express and Market formats as well as its discount format Supeco.

The eyewear giant may launch an appeal after a court dismissed its attempt to gain information from GrandVision and its owner HAL.