A pioneering bill to slow fast fashion gets approval from France's lower house. Next stop the Senate
France's lower house of Parliament has unanimously approved a pioneering bill to curb the environmental impact of fast fashion, marking a significant step towards sustainability in the global fashion industry.
Emotions high at French protests over Macron's pension plan
Protesters opposed to President Emmanuel Macronโs unpopular plan to raise the retirement age to 64 have marched in cities and towns around France, in a final show of anger before a decision on whether the measure meets constitutional standards.
Largest luxury deal back on, Tiffany agrees to lower price
NEW YORK โ The largest deal in luxury is back on after New York's famed jeweler Tiffany agreed to a slightly reduced offering price from LVMH in Paris. LVMH will now pay $131.50 for each Tiffany share putting the total price tag at $15.8 billion, down from the $16.2 billion that was first offered earlier this year. Rumors that the two luxury companies had rekindled talks began to surface in recent days. โWe are as convinced as ever of the formidable potential of the Tiffany brand and believe that LVMH is the right home for Tiffany," LVMH CEO Bernard Arnault said in a prepared statement Thursday. LVMH, led by billionaire Arnault, a consumate dealmaker, believes Tiffany will strengthen its position in high-end jewelry and in the U.S. market.