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Today: March 16, 2025
Today: March 16, 2025
Tassilo Hummel

Tassilo Hummel

Staff Writer

Latest From Tassilo Hummel

Business|Europe|Fashion and Beauty|Finance|Stock Markets

Gucci's pick of Demna as new design chief unsettles Kering investors

Kering lost around $3 billion in stockmarket value on Friday after the group chose in-house talent Demna to reinvigorate its Gucci label

Gucci's pick of Demna as new design chief unsettles Kering investors
Business|Europe|Fashion and Beauty

LVMH heir Frederic Arnault to head Loro Piana, exit watches division

Frederic Arnault, one of the five children of LVMH chairman and CEO Bernard Arnault, will become chief executive of the group's high-end Italian

LVMH heir Frederic Arnault to head Loro Piana, exit watches division
Business|Economy|Europe|Fashion and Beauty|Political|US

Trump tariffs would test pricing power of Europe's luxury goods makers

European luxury goods makers say they could draw on pricing power to offset the cost of any tariffs imposed by U.S.

Trump tariffs would test pricing power of Europe's luxury goods makers
Business|Economy|Europe|Fashion and Beauty|Stock Markets

Birkin bag maker Hermes extends lead over rivals with end-of-year sales surge

French luxury group Hermes reported fourth-quarter results well above analyst expectations on Friday, showing robust appetite from wealthy

Birkin bag maker Hermes extends lead over rivals with end-of-year sales surge
Business|Europe|Political|Technology

LVMH media unit refrains from lawsuit against Musk-owned X, sources say

By Tassilo Hummel and Mathieu Rosemain PARIS -LVMH-owned newspaper group Les Echos-Le Parisien is not party to a lawsuit involving French media against Elon Musk's X that it previously said it would

LVMH media unit refrains from lawsuit against Musk-owned X, sources say
Business|Economy|Europe|Fashion and Beauty

Gucci sales slump continues as market awaits turnaround

Luxury group Kering said its return to growth will take time after its embattled star label Gucci posted another quarter of weak sales and has

Gucci sales slump continues as market awaits turnaround
Business|Europe|Fashion and Beauty

Design chief De Sarno leaves Gucci as brand seeks revival

Gucci design chief Sabato De Sarno is leaving the Italian flagship label after less than two years in the job, owner Kering said on Thursday, as the brand strives to

Design chief De Sarno leaves Gucci as brand seeks revival
Americas|Business|Economy|Europe|Political

Trump’s tariff threats hang over young Arnault’s mission to fix LVMH drinks unit

Alexandre Arnault is taking a key role at LVMH's $6 billion wine and spirits business just as U.S.

Trump’s tariff threats hang over young Arnault’s mission to fix LVMH drinks unit
Business|Economy|Europe|Fashion and Beauty|US

LVMH eyes US workshop expansion, but any shift will likely be limited

LVMH chief executive Bernard Arnault has sparked a debate over France's attractivity for business.

LVMH eyes US workshop expansion, but any shift will likely be limited
Business|Economy|Europe|Fashion and Beauty|US

LVMH considers widening US footprint as CEO Arnault expresses France fatigue

Luxury giant LVMH is "seriously considering" bulking up its production capacities in the United States, CEO Bernard Arnault said on Tuesday, praising

LVMH considers widening US footprint as CEO Arnault expresses France fatigue
Business|Economy|Europe|Fashion and Beauty|Finance

LVMH touts good start to 2025 but Q4 results underwhelm

LVMH has made a good start to 2025, CEO Bernard Arnault said on Tuesday, after the luxury conglomerate posted a slight rise in fourth-quarter

LVMH touts good start to 2025 but Q4 results underwhelm
Americas|Business|Economy|Europe|US

France's cognac makers lift US exports ahead of Trump inauguration, data shows

French cognac makers increased shipments to the United States in December, trade data showed, as distributors fill up their stocks to prepare for possible new

France's cognac makers lift US exports ahead of Trump inauguration, data shows
News|Education|Europe

French police evacuate pro-Palestinian students from Sciences Po after overnight sit-in

Police in Paris entered France's prestigious Sciences Po university on Friday and removed student activists who had occupied its

French police evacuate pro-Palestinian students from Sciences Po after overnight sit-in
Business|Europe

Kretinsky and Layani face off in battle for distressed IT firm Atos

The battle for debt-laden IT consulting firm Atos pits Czech billionaire Daniel Kretinsky against French businessman David Layani, indicative

Kretinsky and Layani face off in battle for distressed IT firm Atos
Europe|News|Political

France's political alliances and their election pledges

France's political parties have scrambled to form political alliances after President Emmanuel Macron's surprise move to call a parliamentary election, reshaping

France's political alliances and their election pledges
Election|Europe|News

Macron calls shock French elections after far-right rout

French President Emmanuel Macron rolled the dice on his political future on Sunday, calling snap legislative elections for later this month after he

Macron calls shock French elections after far-right rout
Election|Europe|News|Political

French far-right extends poll lead as campaign ends

France's far-right National Rally (RN) extended its lead in a poll published on the last day of campaigning before Sunday's first round of parliamentary elections,

French far-right extends poll lead as campaign ends
Europe|News|World

In riot-scarred New Caledonia, France's Macron delays voting reform

French President Emmanuel Macron said on Thursday after a day of talks in New Caledonia that he would delay a voting reform that had

In riot-scarred New Caledonia, France's Macron delays voting reform
Business|Europe|News|Technology

Europe sets benchmark for rest of the world with landmark AI laws

Europe's landmark rules on artificial intelligence will enter into force next month after EU countries endorsed on Tuesday a political deal

Europe sets benchmark for rest of the world with landmark AI laws
Europe|World

Drawing Ukraine red lines, French far right talks tough on Russia

France's far-right leader Jordan Bardella on Monday sought to reassure European allies over his commitment to Ukraine and readiness to stand up to

Drawing Ukraine red lines, French far right talks tough on Russia
Election|Europe|News

Macron's ministers say a polarising French election risks stoking unrest

France could face civil disorder and violence connected to a snap parliamentary election in which the far-right looks poised to win the largest share

Macron's ministers say a polarising French election risks stoking unrest
Europe|News

Le Pen's investment in far-right Bardella pays off ahead of French election

Jordan Bardella has helped steer France's far-right National Rally (RN) toward its first real chance of power, the rapidly emerging fresh face of a party that has

Le Pen's investment in far-right Bardella pays off ahead of French election
Election|Europe|News

In post-vote turmoil, French left seeks to rule but centrists demand role

Leaders from the left-wing bloc that came first in France's legislative election and the runner-up centrists have engaged in a frenzied race

In post-vote turmoil, French left seeks to rule but centrists demand role
Europe|News|Political

French far right hopes polishing its act will deliver victory

After a shock defeat in France's legislative elections, Marine Le Pen's National Rally (RN) will double down on weeding out problematic

French far right hopes polishing its act will deliver victory
Business|Europe|Technology

Airbus and Thales explore tie-up of space activities, sources say

European aerospace groups Airbus and Thales are exploring a tie-up of some space activities as new competition disrupts the sector,

Airbus and Thales explore tie-up of space activities, sources say

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