Weekly Fashion News Report
Fashion luxury group Kering, owner of brands such as Saint Laurent, Bottega Veneta, Balenciaga, Gucci, Alexander McQueen. Accquires 30% of Valentino brand as part of bigger strategic parthership between Mayhoola and the french conglomerate. Mayhoola is a Qatar investment fund owner of Valentino, Pal Zileri and Balmain (WWD)
Luxury group Richemont accquires a controlling stake in italian shoemaker Gianvito Rossi (Richemont)
LVMH is now a Paris 2024 Olympics and Paralympic Premium Partner. The luxury conglomerate will not only sponsor athlets and design the medals, but will also play an important part during the ceremony (WWD)
The Council of Fashion Designers of America (CFDA) release the first schedule for the New York Fashion Week that will take place from September 8-13 (CFDA)
On August 1 will be released Prada's makeup and skincare line (WWD)
Pharell Williams creates custom Louis Vuitton looks for Beyoncé Detroit concert (WWD)












