The EU parliament has backed recommendations to toughen proposed measures to tackle the excessive production and consumption of fashion.

LVHM chief Bernard Arnault is set to visit China, two sources told Reuters on Thursday, as European luxury goods makers closely track the pace of recovery of the key market following three years of Covid disruptions.

Grund’s total payout included special awards that the company’s compensation committee said reflected exceptional performance, the company disclosed in its annual report Friday.

The luxury brand committed to a three-year lease for the ground-level retail space at Capitol Centre starting in mid-May, according to government records.

The next two years will be a critical test of whether the industry can translate pockets of progress into real change.

As digital advertising costs climb, fashion brands are embracing events like in-store happy hours, trunk shows and parties in various formats to generate brand awareness and drive sales.