Arushi Sakhuja
This week the fashion industry is making a buzz when it comes to luxury highlights. Here are some of the top news updates that caught our attention.
Louis Vuitton’s first hotel in Paris
One of the key luxury highlights is the announcement of Louis Vuitton to transform its corporate headquarters in Paris into a hotel within the next five years. In an interview CEO Michael Burke explained that the headquarters, located in Paris’ 2nd arrondissement will undergo a massive revamp over the next decade. Further, the sprawling space will also house the world’s largest Louis Vuitton store. Starting December 12, the 400,000-square-foot building will play host to LV Dream, an experiential installation exhibiting Louis Vuitton’s long list of artist collaborations. The attraction will also feature a gift shop, cafe, and chocolate shop run by Maxime Frédéric, head pastry chef at Cheval Blanc Paris.
Dior’s gingerbread decor at Harrods
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The holiday season cheer has set in and it’s officially the season with The ‘Fabulous World of Dior’ pop-up at Harrods. The historic building is decorated with Dior’s signature charms and the facade resembles a gingerbread house. Animated window displays, specially designed luxury Dior creations, exhibitions, and decadent gingerbread treat come together for an unforgettable retreat.
Discover the Café Dior, as a tribute to Monsieur Dior’s passion for gastronomy. A gourmet menu of French cuisine with British influences offers exceptional dishes and delicious desserts. As a final surprise, try the irresistible gingerbread cookies. They come in the form of House emblems like the ‘Bar’ jacket, ‘Lady Dior’ and the J’adore perfume bottle.
Balenciaga quits twitter
Following Elon Musk’s acquisition of Twitter, luxury brand Balenciaga has left the social media platform. Musk had initially expressed plans and has gone through with a mass layoff when he stepped into his role as CEO. He also plans to focus much of his efforts on promoting free speech, all while minimizing content moderation on the website.
Estee Lauder will buy Tom Ford for $2.8 billion
Luxury house Estee Lauder will be acquiring Tom Ford for a whopping $2.8 billion to own Ford’s fashion and beauty business.
Estée Lauder already holds the license for Tom Ford beauty but with this new acquisition, it will extend its reach to the brand’s apparel and accessories business. Earlier this month, it was also reported that Tom Ford is worth around $3 billion USD.
Shantnu and Nikhil launch S&N Cricket Club
When it comes to luxury highlights in India, Indian couturiers Shantnu and Nikhil are the talk of the town. Adding to their prolific portfolio, designers Shantnu and Nikhil who are best known for their unconventional drapes, have forayed into the world of cricket. The brand recently announced the launch of the S&N Cricket Club on social media. In a recent post, it said, “Like most Indians, our core childhood memories come from the friendly cricket matches we played in the parks of our residential colonies and school. There was always a whirlwind of emotion in every ball thrown, every catch missed and every wicket fallen. This very emotion of nostalgia not only unites the nation together still but has also become the spirit of our pride. Shantnu Nikhil Cricket Club is a long-awaited dream, inspired by our love for cricket and a vision to connect the sport to a lifestyle promise. With SNCC, we are proud to present a new fashion vocabulary that represents a vision of modern everyday dressing injected with a jolt of much-needed youthful swagger, ” said the designers. The collections will be available in retail stores and on the website from 20, November.
Piet Mondrian’s Composition No. II painting sells for $51 million on Sotheby’s
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A new luxury auction record has been set with Piet Mondrian’s painting ‘Composition No. II’ from 1930 selling for $51 million. This Mondrian’s piece was painted at the high point of his career and is described as, possessing the balance, harmony and life that drove the artist to create the most daring compositions of the twentieth century.”
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