Qatari investment fund Mayhoola, owner of Italian fashion house Valentino, and Chinese Fosun, a conglomerate behind French Club Med, are both in a battle to acquire majority stakes in French fashion couturier Lanvin.
In 2015, Luxury kidswear reached $135.6bn globally and accounted for 12% of the overall clothing market. For 2017, it is expected to hit $180bn, is childrenswear is going to save the luxury industry?
Seasonal changes are transformative but Paris Fashion Week this September is expected to reveal major creative shifts at some of the biggest names in fashion.
All eyes will be on Paris for the 2017 spring-summer shows as the first collections of Maria Grazia Chiuri, Anthony Vaccarello and Bouchra Jarrar debut.
