Business
7 articles
Chanel Acquires Charvet, Implications for Luxury Fashion
After 188 years of independent ownership, the revered French shirtmaker Charvet has been fully acquired by luxury behemoth Chanel.
Anthropic Halts Access to New AI Models Amid Reliability Concerns
Just two weeks after touting 'significant performance improvements,' AI giant Anthropic abruptly pulled access to its new Claude 3.
Richest Fashion Dynasties in the Global Fashion Industry
The Weston family, owners of value fashion giant Primark, commands an estimated £18.
Top Influential Fashion and Beauty Companies in 2026
By 2026, a beauty brand established just five years prior is projected to outrank a century-old luxury conglomerate in cultural impact and consumer loyalty, despite generating only a fraction of its r
VYKO launches Ireland's first luxury brands group for global expansion
Ireland's newly launched Vyko Group plans to raise €50 million.
LVMH Shares Drop Amid Broader Luxury Market Slowdown
LVMH reported a 1% increase in organic revenue for the first quarter of 2026, reaching €19.
LVMH sees Q1 revenue dip amid shifting luxury market dynamics
LVMH's flagship Fashion & Leather Goods segment, a historical powerhouse, recorded its first year-on-year decline in Q1 2026, with a 2% organic drop.