Twenty debutantes aged 16 to 20 were presented to Parisian society during the 25th edition of Le Bal on Nov. 30.
Beatrice Ballini is also joining the Coty board.
It’s located in a downtown building popular with the fashion crowd.
Tiffany & Co., LVMH Moët Hennessy Louis Vuitton, Compagnie Financière Richemont, Tapestry and Capri Holdings are all exposed, says Cowen.
Retailers and brands continue to market to younger and younger audiences, even though older people have more money.
The Dow slid almost 400 points and retail stocks did not escape the sell off as investors became increasingly nervous.
The administration has pledged to introduce levies on $300 billion worth of Chinese imports, including apparel and footwear, on Sept. 1.
An estimate has the legal cannabis market reaching $14 billion by 2022.
Jimmy Choo’s Tanya Golesic and Eurazeo Brands’ Jill Granoff were among the businesswomen presented with fashion leadership awards.
With fuel from Capri Holdings and a fresh focus on bags, Choo wants to become a global accessories brand.
Increased investments in digital marketing, new store openings and assortment will also help the Michael Kors, Versace and Jimmy Choo brands grow.
But it might not be at home — and it might take longer than expected.