"We can now operate like a normal company": Renault's de Meo makes clear Nissan deal is about giving each side autonomy to do its own thing. Just don't call it a divorce. wsj.com/articles/nissa by and
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Nick Kostov
@Nick_Kostov
Luxury and fashion for in Paris/Co-author BOUNDLESS: The Rise, Fall and Escape of Carlos Ghosn. Available here: amzn.to/3gLPE8b
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RIP Paco Rabanne, one of the most seminal fashion figures of the 20th century 🕊
Gucci-owner Kering has tapped Raffaella Cornaggia, a senior Estee Lauder executive, to lead a new beauty division
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VIDEO: Here’s How Bernard Arnault Became the Richest Person in the World 👇
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A trial in NY starts today where French luxury brand Hermès says the creator of a 'MetaBirkin' is a digital speculator looking to get rich quick
The NFT's creator says his work is an artistic expression, protected under the First Amendment.
wsj.com/articles/virtu
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OFFICIAL: Nissan and Renault have agreed the most significant change to their alliance since it was forged almost 25 years ago.
Renault will cut its stake in Nissan to 15%, while Nissan will invest in Renault’s EV business
Story w/
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NEW: Gucci names Sabato De Sarno as new creative chief, filling the gap left by Alessandro Michele’s departure late last year 👇
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LVMH reported record annual earnings, as it rides a surge in demand for luxury goods that China’s recently loosened Covid restrictions could extend into this year
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A return to my former passion:
Renault, Nissan Near Deal on Alliance Shake-Up
wsj.com/articles/renau…
In the paper today 📰🚘
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Looking out for LVMH's results in Paris later today. Here's what to expect from the owner of Louis Vuitton, Dior and Tiffany's (& Europe's largest company...)
I wrote about the animal heads (forgive me), which included talking to the artist who made them, who wanted to note that he's a vegetarian–
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Businesses in the eurozone hit the ground running in January, a further sign that the threat of a global recession this year is diminishing, economists said wsj.com/articles/europ via
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“It’s literally like Shaq’s blazer”
Oversize jackets are hip and have fans, though some customers find them comically large. By 👇
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On fashion’s silly season (which seems about to become even sillier!)
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“This menswear season was distinguished and high-energy, with plenty of high-profile celebrity appearances, marking a return to form for the category after the rise of co-ed shows"
on the highlights of Paris men’s week
ICYMI: Affluent consumers in a downturn may not buy that new plane or that new yacht. But they will still buy $5,000 suits
By my colleague
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"There is little doubt that China’s economy will rebound strongly this spring and summer…—as in the West, households will want to make up for lost time. But a lengthy, multiyear U.S.-style consumer frenzy might not be in the offing."
Thousands of people took to the streets and workers across France went on strike to protest Macron's plan to raise the country's retirement age. This could be the begining of long battle between unions and Macron wsj.com/articles/frenc via
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The founders of some of Europe’s top luxury companies are preparing for retirement. Their heirs will have a tough job delivering the returns investors are used to, via
British fashion house Burberry and Cartier's owner said sales to Chinese shoppers were starting to pick up, an early sign of recovery in what was the luxury industry’s biggest market before the pandemic.
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LVMH announced a major reshuffle of its top executives at Louis Vuitton and Christian Dior wsj.com/articles/lvmh- via
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I was lucky enough to read this before publication, and it’s awesome ! Fun, fast-paced and enlightening.
Congrats to my friend and 👏👏
Highly recommend it whether you like football or not
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TODAY’S THE DAY!
“Messi vs. Ronaldo: One Rivalry, Two GOATs, and the Era That Remade the World’s Game,” by @CleggJon and me, is out in 
You can buy it anywhere books are sold, just in time for the World Cup. @MarinerBooks
harpercollins.com/products/messi
You can buy it anywhere books are sold, just in time for the World Cup. @MarinerBooks
harpercollins.com/products/messiShow this thread
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The deal that would reshape Renault and Nissan's alliance faces delays as the two companies struggle to agree over issues including intellectual property and voting rights w/ and
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How Russia restarted its auto industry – and what that tells us about the broader Russian economy
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"A long period of atonement will be required before any brand will be ready to engage with him again”
How Kanye West’s erratic behavior and anti-Semitic comments have jeopardized his future in fashion and entertainment
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"The luxury industry isn’t immune to recession or to shocks...we’ve also seen in the past that when it happens, it usually doesn’t last very long.”
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Europe's energy crisis threatens to tear apart its industrial fabric, including its industry making fabric. and show how an entire ecosystem of small businesses is at risk. wsj.com/articles/energ via
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The world’s biggest luxury company had another stellar quarter. So why are shareholders proving tough to impress ?
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Nice story !
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As an energy crisis looms, young activists in Paris are using superhero-like Parkour moves to switch off wasteful lights that stores leave on all night. nyti.ms/3yZnrRB
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The City of Light is going dark. The Eiffel Tower and other landmarks are turning the lights off early as part of a call for ‘energy sobriety.’
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$350,000 !! 😮
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Hermes Kelly bag fetches record price at a Sotheby’s auction bloomberg.com/news/articles/
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Daniel Lee has been named chief creative officer at Burberry, replacing Riccardo Tisci
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A Gucci handbag for $250 instead of $2,000? How the booming secondhand luxury market is splitting the industry 👇
