What Next After Nicolas Ghesquiere Departs Balenciaga?

After spending 15-years at Balenciaga,  Nicolas Ghesquiere’s abrupt decision to leave the eponymous fashion label that he had resurrected has raised a flurry of questions in the fashion circuit.  Ghesquiere who joined Balenciaga in 1997 when he was just 23 years old brought back the architectural designs that Balenciaga was always known for. Not only that, […]

L Capital’s LVMH-Like Model For India is Still Unclear

The Private Equity (PE) arm of  Paris-based LVMH Moet Hennessy Louis Vuitton – L Capital with Ravi Thakran at the helm of affairs gave a lot of hope to the Indian Fashion Fraternity to see ‘corporatisation’ of Indian Fashion Industry. Ravi Thakran being an Indian led the Desi fash-frat to unjustifiably believe that L Capital […]

LVMH All Set to Acquire Aman Resorts from DLF

On 25th August 2011 Fashionscandal.com brought you the news that DLF is planning to sell off Aman Resorts minus the Aman Hotel in Delhi to the Malaysian Goverment. You can read the earlier post here: http://wp.me/p1C8a1-Co However the latest development states that LVMH is most likely to acquire Amanresorts International Pte from DLF Ltd. that owns […]

LOUIS VUITTON disposes off its manufacturing unit in India

Four years after choosing Puducherry, erstwhile Pondicherry for its first manufacturing plant in Asia, French luxury goods giant Louis Vuitton has decided to sell its Indian unit to a Chennai-based firm – Leather Crafts India. The management made a formal announcement about exiting India on June 13. And guess what’s the reason behind LV saying bye-bye […]