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Revenue at LVMH's selective retailing unit, which also includes the Le Bon Marche department store on Paris's left bank, fell by almost a third last year, the biggest drop among all of the group's divisions. (Bloomberg) -- La Samaritaine, the landmark Paris department store that dates to 1870, is reopening after closing 16 years ago. [Extracted from the article]

The article profiles fashion designer Olivier Rousteing, head of luxury label Balmain based in Paris, France. In the fall of 2011, the designer is set to launch his first collection for the label. The resurgence of Balmain is credited to his predecessor Christophe Decarnin. Growing the cash holding as well as improving the sensibility of the luxury label is cited as the key challenge facing Rousteing.

Reports that talk show host Oprah Winfrey was denied entry to an Hermés store in Paris, France. Suggestion that Winfrey was denied entry based on racist discrimination of the store's staff; Claim of the staff that Winfrey was turned away for coming to the store after it had closed.

The article discusses the Salon Made in France, which was held on March 30-31, 2011 in Paris, France. The Salon features high fashion clothing and luxury goods. Topics mentioned include high levels of Chinese demand for French styles, increased levels of demand after the financial downturn of 2009, and the paradox that many participating French companies' products are produced outside of France.

The article discusses the expansion of luxury companies into less popular neighborhoods in Paris, France. According to the article, France is the number one tourist destination in the world for luxury shopping, and stores must compete with one another for real estate property in the most popular neighborhoods. Moving to a less crowded street means a company can open a larger store.

The article reports that the luxury brands committees from the Saint-Honoré neighborhood of Paris, France, Comité du Faubourg Saint-Honoré and Comité Saint-Honoré have merged to form the committee named plus important Comité de luxe de France, or the most important luxury committee of France. The reason behind the merge and the presidents of both committees including Benjamin Cymerman and Michèle Cassegrain are mentioned.

The article examines the opening of a freestanding Louis Vuitton jewelry store on the Place Vendôme in Paris, France. Topics include a discussion of the store's layout, which includes two VIP areas and an attic atelier, the work that will take place in the jewelry workshop, and a discussion of the jewelry that will be sold in the boutique, including charms, watches, and minaudières.

The article profiles luxury goods designer Balenciaga's flagship store on Rue Saint-Honoré in Paris, France. Topics include the rapid growth of the directly-operated Balenciaga store network around the world, a discussion of the growing fashion district on Rue Saint-Honoré, and Balenciaga chief executive officer Isabelle Guichot's plans for the future of the company.

The article discusses the luxury goods purchasing office Lambert + Associates, based in Paris, France, which is expanding to Japan and China. Quotes from company president Helen Lambert illustrate the company's views on the Japanese industry, the company's plans for China, and the effect of the global recession on the luxury market.

The article discusses the legal disagreement opposing luxury giants Lvmh and Hermès, following the entry of the former into the capital of the latter, with particular focus given to strategies which aim is to differentiate Hermès and to affirm its independence vis-à-vis Lvmh. Additional attention is given to its new flagship store inaugurated in Paris' prestigious rue de Sèvres.

The article reports on the plan of PPR SA to list the majority of its stake in CFAO, a distributor of car and pharmaceutical in Africa, on the Euronext stock exchange in Paris, France in December 2009. It states that the move is part of the company's aim to focus its business merely on retail and luxury goods. According to chief executive officer (CEO) François-Henri Pinault, the plan will drive growth to the business since it will center on a group of globally known brands.

The article focuses on Paris, France-based social networking site Luxury Society and its impact to the luxury industry. Accordingly, the site launched in February 2009 offers profiles, ability to link to others, an editorial section with articles and links to other publications as well as discussion forums. It had attracted 2,000 members, with the majority from luxury firms. It also announces its plan to coproduce a luxury conference in France with the newspaper "Les Echos."

The article reports that the arrival of luxury brands on the Avenue des Champs-Elyses in Paris, France has pushed its identity into a more upscale market. Louis Vuitton, Cartier and Montblanc have helped propel the street to a destination for international luxury shoppers, who often stay at one of the five-star hotels in close proximity. A study by Cushman & Wakefield said retail rents on the Champs-Elyses increased 8.7 percent in 2006. Average rent on the Champs-Elyses is $922 a square foot, the most expensive in Europe.

The article presents the outlook of two financial analysts for merger and acquisition (M&A) deals in the luxury goods industry in Paris, France. HSBC analysts Antoine Belge and Erwan Rambourg believe that M&A should be downplayed in the luxury sector. Despite talk that family-controlled companies like Herms, Tod's and Bulgari are ripe for takeover, the analysts contend that the firms will not change hands soon since the controlling families do not appear ready to relinquish power.

Reports on several law firms in Paris, France, that are celebrating the successful acquisition of luxury goods company Taittinger by private equity house Starwood Capital in 2005.

Reports on the appointment of Florian Chanet as managing director of luxury products division of L'Oréal in Paris, France. Career highlights; Personal background.

The article focuses on the concept of tax-free shops in Paris, among which rules the most is bag-maker, luxury goods manufacturer, Louis Vuitton. Paris is littered with tax-free shops and the people who mostly drop into these shops are none other than Japanese tourists. Vuitton sells only through its own shops. Vuitton's management concentrates on making money in style. For them most important thing is to respect the trademark. The all important trademark is preserved by Vuitton's allocation of 2&percent; of its annual sales revenue to the constant fight against counterfeiters. Recently comes the classic French M&A transaction, that is, Louis Vuitton's bid for Veuve Clicquot, a deal without aggression, where the joins ought to be as artistically finished as in a good handbag. Vuitton has a reputation as the best managed and most attractive company of its size in France. For the last two years its sales have out-performed all other French companies in percentage growth terms, and its share value has rocketed.