Luxury Headlines – 7/10/2024

LVMH Secures 10-Year Partnership With Formula 1
Luxury conglomerate LVMH has agreed with Formula 1 on a 10-year partnership, effective 2025.
Mytheresa Acquires YNAP from Richemont
Mytheresa has reached an agreement to acquire Yoox Net-a-Porter (YNAP) from Richemont for €555 million.
Ritz Carlton Debuts Fashion Line in Collaboration with Late Checkout
Marriott International's luxury brand, The Ritz-Carlton is introducing its first clothing line in collaboration with the Spanish high-end menswear label Late Checkout.
Blue Star Alliance Acquires Off-White from LVMH
LVMH has announced the sale of Off-White LLC, the company behind the popular streetwear brand Off-White, to New York-based management firm Bluestar Alliance.
Dolce & Gabbana Unveils First-Ever Café in Shanghai
As part of its Chinese expansion strategy, Italian luxury brand Dolce & Gabbana has unveiled the opening of its first-ever café in Shanghai at the Citic Square flagship.
Maserati Names Maria Conti as Head of Maserati Corse
Italian luxury automotive brand Maserati has announced that Maria Conti, Maserati's Chief Communication Officer, will oversee Maserati Corse motorsport activities effective October 1st, 2024, succeeding Giovanni Sgro.
Moncler Expands Global Footprint with New York Flagship
Luxury outwear brand Moncler has announced its strategic move to increase its global retail presence.
Hedi Slimane Leaves Céline
Following his creative leadership at Céline for the last 7 years, Hedi Slimane is stepping down from his role as artistic director.

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