LVMH Made a Record $53.5 Billion in 2018, Parisian Fashion Industry Goes Sustainable

by Aria Darcella
LVMH Louis Vuitton

Read today’s dose of chic intel right here…

Louis Vuitton Handbags Drive LVMH’s Sales (The Fashion Law)
LVMH brought in $53.5 billion in revenue in 2018 — a record high for the luxury conglomerate. Sales of leather goods were up, rising 21 percent among recurring operations. In particular, Louis Vuitton was highlighted as a brand that “[delivered] an exceptional performance,” thanks to its “iconic leather goods lines which are continuously rejuvenated, and in its ready-to-wear and shoe lines.”

Paris Creates Five-Year Plan to Become More Sustainable (WWD)
The city of Paris has established an initiative to make its fashion industry more sustainable by 2024. Titled “Paris Good Fashion,” the initiative will be spearheaded by a committee of fashion industry professionals that will work on “creating a circular economy; improving sourcing and traceability, and working on making certain processes more sustainable, such as distribution, energy and communication.”

(Shutterstock)

A Jeremy Scott Retrospective Just Opened in Dallas
Texas is now the best place to see 20 years worth of Jeremy Scott’s work. On Sunday the exhibit VIVA AVANT GARDE: A Jeremy Scott Retrospective opened at Dallas Contemporary. Curated by the museum’s executive director, Peter Doroshenko, the show features pieces from Scott’s early collections, his work for Moschino, as well as footage from past fashion shows.

(Dallas Contemporary)

“Jeremy Scott is a contemporary American design legend,” said Doroshenko. “Over the years he has pushed pop culture aesthetics in fashion and has sown his unique, over-the-top, vision on a truly global level. We are thrilled to be organizing a survey exhibition of his work and its accompanying publication.” Viva Avant Garde is on view now, and runs thru March 17.

Supermodels Help Celebrate the Launch of Adam Franzino’s Muses 
Last night Toni Garrn, Lais Ribiero, Martha Hunt, Jasmine Tookes, and Maya Henry came together to host a party for Adam Franzino’s photography exhibit, Muses. The Vernissage Art Advisory and Amethyst Beverage presented the event, benefitting the Toni Garrn Foundation.

Lais Ribiero, Jasmine Tookes, Adam Franzino, Maya Henry
(Ryan Miller/Capture Imaging)

Fashion Hong Kong Hosts Intimate Lunch Ahead of NYFW
On Tuesday Fashion Hong Kong celebrated the designers showing at New York Fashion Week with a lunch at Philippe Downtown, Philippe Chow’s new restaurant in meatpacking.

The Whitney Holds its Annual Art Party, Hosted by Forty Five Ten
Last night, the Whitney Museum of American Art celebrated its annual Whitney Art Party with co-chairs Natasha Lyonne, Kristen Cole of Forty Five Ten, Jack McCollough and Lazaro Hernandez of Proenza Schouler, Michael Carl, and Micaela Erlanger. The evening began with a glamorous pre-Art Party dinner featuring a performance by the five-time Grammy winning John Benitez Trio curated by and featuring Isaiah Barr of Onyx Collective, and culminated with the Art Party, with music by DJ KITTENS, cocktails, and exhibition viewing.

Michael Carl, Jack McCollough,Kristen Cole, Lazaro Hernandez,Natasha Lyonne, Micaela Erlanger, Maddie Ziegler (BFA)

Subscribe to our newsletter and follow us on Facebook and Instagram to stay up to date on all the latest fashion news and juicy industry gossip.

You may also like

Leave a Comment

X