Kering Group Plans to Sell Beauty Business; LVMH Q3 Report Rebounds | Fashion Watch
Editor’s NoteThis article discusses a potential multi-billion euro deal between Kering and L’Oréal, which would represent a significant strategic…
European Commission
【European Uni】EU Investigates X Over ‘Grok’ AI’s Generation of Sexual Images
Editor’s NoteThe European Union has opened a formal investigation into X (formerly Twitter) over concerns related to its AI tool “Grok” and the…
【European Uni】But what is this never-before-used tool made of?
Editor’s NoteThis article examines the EU’s proposed “Anti-Coercion Instrument,” a powerful trade tool championed by President Macron as a potential…
【Antwerp, Bel】Antwerp World Diamond Centre: European Cut Diamonds Escape US Import Tariffs
Editor’s NoteThis article highlights a significant trade development for the Antwerp diamond industry, which has secured a zero percent import tariff…
MYT Netherlands Parent B.V. (“Mytheresa”) Receives Final Regulatory Clearance to Acquire YOOX NET-A-PORTER (“YNAP”) from Richemont, with Closing Planned for 23 April 2025
Editor’s NoteThis article has been updated to confirm that Mytheresa has received the final regulatory approval from the European Commission,…
【Trujillo, Sp】Trujillo: Thirst for Water Diamonds
Editor’s NoteThis analysis reveals significant discrepancies between the promised and actual performance of a high-profile diamond production…
【Brussels, Be】EU Partially Allows Import of Russian Diamonds
Editor’s NoteThis article has been updated to clarify the European Commission’s statement regarding exemptions to the EU’s ban on Russian diamonds,…
【Brussels, Be】EU European Commission Proposes Ban on Russian Diamonds, Also Seeks to Tighten Crude Oil Sanctions
Editor’s NoteThe European Union has proposed its 12th package of sanctions against Russia, targeting the import of diamonds among other measures….
【Paris, Franc】Tiffany Gives Green Light to Merger with LVMH After Price Reduction
Editor’s NoteAfter a legal dispute, Tiffany & Co. has approved a revised merger with LVMH at a reduced price of $131.5 per share, lowering the total…