Luxury
Véronique Nichanian leaves Hermès after 37 years
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Véronique Nichanian, artistic director of Hermès's men's universe since 1988, has announced her departure after 37 years with the house. Her final show will take place next January. In an exclusive interview with Le Figaro, she reveals the reasons for her decision.
Kering sells beauty division to L’Oréal for 4 billion euros
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Kering has finalized the sale of its beauty and perfumes activities to L’Oréal for around 4 billion euros. This deal marks the first major decision by Luca de Meo, the group's new CEO since last month. The agreement, revealed by the Wall Street Journal the day before, builds on a long history of collaboration between the two French companies.
Ferrari plans crypto auction for 499P hypercar in 2027
Ferrari is set to host the first cryptocurrency auction for its 499P Hypercar, a triple winner of the 24 Hours of Le Mans. The event, exclusive to Hyperclub members, will use a dedicated token and integrate AI for security and optimization. Scheduled for 2027 as part of the World Endurance Championship, it builds on Ferrari's existing crypto payment options.