Archive for the 'LVMH' Category

Fashion Businessman Jacques Levy Passes Away

Jacques Levy, the former president and CEO of Sephora, has passed away.

Levy, who also used to work at the LVMH Moët Hennessy, Louis Vuitton-owned perfumery chain, died on January 1st after a long illness at the age of 62.

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Marc Jacobs Prez Resolves Ex-COO's Sexual Harassment Lawsuit

Good news for Robert Duffy!

The president of Marc Jacobs has revolved the sexual harassment suit brought on by the company's ex-COO Patrice Lataillade.

In case you forgot, Lataillade said he was fired last September after complaining about Duffy's sexual misconduct in the workplace, which included naked photo shoots and pole dancing.

LVMH denied the COO's claims and promised to vigorously defend the case in court, but it looks like that won't be necessary now.

As of last week the case was officially closed with a rep for LVMH saying the lawsuit was "resolved to the satisfaction of both parties".

[Image via AP Images.]

Kate Moss Is Designing A Tattoo-Inspired Jewelry Collection

There's no stopping Kate Moss when it comes to collaborations.

After designing for Topshop and Longchamp, the supermodel has signed on to design her own line of pricey baubles for French jewelery company Fred.

The 22 style collection is mostly inspired by her many tattoos and is made of gold and precious stones like rubies and diamonds.

For those looking to get a piece of Kate, the Kate Moss for Fred collection goes on sale October 1st with prices starting at $473 and jumping all the way to $47,300.

[Image via WENN.]

Marc Jacobs Is Asking Dior For A HUGE Paycheck

If bosses at LVMH want Marc Jacobs to take over at Christian Dior they're going to have to cough up a lot of money.

According to reports, talks between the two have hit a rough patch because Marc and his business partner Robert Duffy want at least 8 figures (or $10 million) EACH and a better benefits plan to make the move.

As of right now, they're both one of the highest paid designers and executives in the fashion biz, but the Dior job would be a lot more work.

On top of his own line, Jacobs would have to create two couture collections on top of the two ready-to-wear and pre-collections each year.

We're sure if they want him bad enough, they'll strike a deal that's good for all three parties.

[Image via Patrick Hoffmann/WENN.]