The French businessman, founder of luxury conglomerate LVMH, received the Grand-Croix de la Legion d’Honneur at the Elysee Palace.
Despite the rebound, consumer spending is slowing as households grapple with inflation and higher borrowing costs.
Comparable-store sales, a key retail metric, rose 2.8 percent for the quarter ended Feb. 3, much higher than the 0.8 percent predicted by Wall Street.
Alibaba’s AliExpress could face a hefty fine after the European Commission on Thursday opened an investigation into dissemination of potentially illegal and pornographic materials.
The US House of Representatives approved a bill that could ultimately lead to a ban of the app, but its path forward remains far from certain.
Can Covid-Era Beauty Brands Grow Up?
Thirty years of providing the world’s finest wool to the fashion house Loro Piana has done almost nothing for the Indigenous people of the Peruvian Andes.
The leading lady of Naomi: in Fashion, which opens at the V&A in June, told a press briefing she feels “extra pressure, because everyone expects a...
The fashion resale company finally became profitable last year, but it was at the cost of losing consignors who complain that reselling is no longer as...
The Swedish luxury menswear brand is embracing the post-pandemic growth in the formal wear category, while optimising the consumer reach of their core line. BoF sits...