US’ Nike & Yoon Ahn unveil Ambush collection
Yoon Ahn, Ambush designer and American sportswear company Nike have unveiled the latest Nike x Ambush collection. The lineup, a merger of sportswear and contemporary culture, includes a reimagined unisex football jersey, a Nike x Ambush Air More Uptempo Low shoe, and a metallic-silver football. The collection will be available from August 4.
French fashion firm LVMH’s revenue soars 15% in H1 FY23
LVMH posted a 15 per cent revenue increase to €42.2 billion in H1 FY23. Organic revenue grew by 17 per cent. Profits from recurring operations and net profit saw an upswing of 13 per cent and 30 per cent, reaching €11.574 billion and €8.481 billion respectively. The fashion and leather goods segment expanded 20 per cent to €21.162 billion.
LVMH becomes premium partner for Paris 2024 Olympics
Luxury conglomerate LVMH Group has partnered with Paris 2024 for the upcoming Olympic and Paralympic Games, bringing its creativity and expertise to the event. The partnership aligns with LVMH’s mission, ‘The Art of Crafting Dreams’. Over the next year, LVMH’s Maisons, such as Louis Vuitton, Dior, and Berluti, will unveil their involvement in the event.
