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Kering Eyewear announces new global deal with Valentino

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September 15, 2025

Kering’s full takeover of Valentino may be delayed but the French luxury giant is still deepening its ties with the Italian label.

Kering Eyewear – DR

On Monday, Kering Eyewear and Valentino officially announced a newly signed global agreement. The exclusive collaboration will grant Kering Eyewear the rights to develop and distribute the sun and optical collections under the Valentino brand as of the start of next year.

The company said it marks “the beginning of a long-term partnership between these two global players in the luxury business”. 

Roberto Vedovotto, founder, president and CEO of Kering Eyewear, said: “We are honoured to welcome Valentino into the Kering Eyewear portfolio, and to have the opportunity to contribute to the brand’s continued success. As a prestigious Maison de Couture, Valentino stands for masterful craftsmanship, exquisite design, and is a symbol of a one-of-a-kind style. We are therefore committed to developing its sunglasses and frames collections in line with its vision by leveraging Kering Eyewear’s expertise in high-end luxury eyewear and Valentino’s iconic codes, unique heritage, and savoir-faire.”

And Valentino CEO Riccardo Bellini added: “We are delighted to announce this strategically important partnership with Kering Eyewear. Marrying Maison Valentino’s matchless creativity and iconic style with Kering Eyewear’s unrivalled knowhow in luxury eyewear manufacturing and distribution, we will work together to further elevate the Valentino Eyewear experience. We also wish to express our sincere gratitude to AKN Group for the collaboration and the successful development of our eyewear business over the past years. It is with great enthusiasm and excitement that we now embark on this new chapter.”

They also said the deal represents an important step for Valentino’s brand positioning in the eyewear category “leveraging on the unique approach to luxury and innovative business model of Kering Eyewear”. 

The collab sees Kering Eyewear further “consolidating its leadership in the high-end eyewear segment, elevating its offer through the addition of an iconic brand celebrated for its unparalleled creative excellence and emotional beauty”.

The first collection under the agreement will be for SS26 and will be presented during the Valentino Show in Paris on October 5. It will be in-store next March.

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Louvre thieves escaped with 30 seconds to spare, probe reveals

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December 10, 2025

The thieves who stole crown jewels from the Louvre in October evaded police with just 30 seconds to spare due to avoidable security failures at the Paris museum, a damning investigation revealed on Wednesday.

The glass entrance to the Louvre in Paris, France – DR

The probe, ordered by the culture ministry after the embarrassing daylight heist, revealed that only one of two security cameras was working near the site where the intruders broke in on the morning of Sunday October 19.

Agents in the security control room did not have enough screens to follow the images in real-time, while a lack of coordination meant police were initially sent to the wrong place once the alarm was raised, the report unveiled at the French Senate’s Culture Commission stated.

“It highlights an overall failure of the museum, as well as its supervisory authority, to address security issues,” the head of the commission, Laurent Lafon, said at the start of a hearing.

One of the most startling revelations was that the robbers left only 30 seconds before police and private security guards arrived on the scene. “Give or take 30 seconds, the Securitas (private security) guards or the police officers in a car could have prevented the thieves from escaping,” the head of the investigation, Noel Corbin, told senators.

He said that measures such as a modern CCTV system, more resistant glass in the door cut open with angle grinders, or better internal coordination could have prevented the loss of the jewels- worth an estimated $102 million- which have still not been found.

Major security vulnerabilities were highlighted in several studies seen by management of the Louvre over the last decade, including a 2019 audit by experts at the jewellery company Van Cleef & Arpels. Their findings stressed that the riverside balcony targeted by the thieves was a weak point and could be easily reached with an extendable ladder — exactly what transpired in the heist.

Corbin confirmed that under-fire Louvre boss Laurence des Cars had not been aware of the audit which was ordered by her predecessor, Jean-Luc Martinez. “The recommendations were not acted on and they would have enabled us to avoid this robbery,” Corbin said, adding that there had been a lack of coordination between the two government-appointed administrators.

Police believe they have arrested all four intruders, who escaped on powerful motorbikes, having carried out the heist in the Apollo Gallery in around 10 minutes in total, according to the investigation. The revelations on Wednesday are likely to pile more pressure des Cars, the first woman in the role who was appointed by President Emmanuel Macron in 2021.

Questions have swirled since the break-in over whether it was avoidable and why a national treasure that is the world’s most-visited museum appeared to be so poorly protected. France’s lower house of parliament is carrying out its own inquiry, while des Cars and Martinez are set to be grilled by senators next week.

Last month, France’s state auditor said security upgrades had been carried out at a “woefully inadequate pace” and the museum had prioritised “high-profile and attractive operations” instead of protecting itself.

Senior police officer Guy Tubiana, a security advisor at the culture ministry who took part in the investigation, told senators he was “stunned” by what he had discovered at the museum. “There was a succession of malfunctions that led to catastrophe but I never would have thought the Louvre could have so many malfunctions,” he said.

Staff at the Louvre at set to go on strike on Monday to demand management act against what they see as understaffing and overcrowding at the museum, which welcomed 8.7 million people last year. At the weekend, the museum revealed that a water leak had damaged 300 to 400 journals, books and documents in the Egyptian department in late November.

Copyright © 2025 AFP. All rights reserved. All information displayed in this section (dispatches, photographs, logos) are protected by intellectual property rights owned by Agence France-Presse. As a consequence you may not copy, reproduce, modify, transmit, publish, display or in any way commercially exploit any of the contents of this section without the prior written consent of Agence France-Presses.



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Gieves & Hawkes opens new store as it returns to Bath

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December 10, 2025

Frasers Group’s Gieves & Hawkes brand is continuing to expand at retail and has returned to the city of Bath with the opening of a store in the newly redeveloped Shire’s Yard. 

Gieves & Hawkes, Bath

Bath is a key destination for both UK and and international tourists, as well as having an affluent local catchment, so it looks like a strong move for the heritage menswear brand.

The 2 Broad Street store is set across three floors in a prime location at the heart of the city with the company saying the opening is “a significant moment in the brand’s continued celebration of craftsmanship and heritage”.

The space covers 2,085 sq ft and showcases the full breadth of the Gieves & Hawkes offering, from ready-to-wear tailoring and “refined” casualwear to the made-to-measure service for which the label is known.

Managing director Jason Gerrard said of the opening: “Bath is a city where Gieves & Hawkes has enjoyed a longstanding presence and loyal following. The opening of our new store is within the exceptional Shire’s Yard development, and we are privileged to be part of its vibrant community. Our new store represents our long-term commitment to Bath and the Southwest.”

Gieves & Hawkes, Bath
Gieves & Hawkes, Bath

The Bath return is part of an ongoing national expansion strategy. Earlier this year, in a 254-year retail first, the brand opened a store-in-store within Frasers Group’s Flannels flagship in Leeds.

At the time Frasers said the debut “marks a significant milestone in the brand’s history and is a precursor to a wider regional expansion strategy to tap into a desire for craftsmanship, integrity, and authenticity outside of the capital”.

Bath is clearly another step in that journey.

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Marc Cain names Marc O’Polo’s Patric Spethmann its new CEO

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December 10, 2025

German womenswear brand Marc Cain has named a new CEO and it’s clearly preparing well in advance as he’ll take the reins of the business as of June next year.

Dr. Patric Spethmann – MARC O’POLO

He’s Dr Patric Spethmann, who will be responsible for all areas of the business. Helmut Schlotterer, founder and owner of Marc Cain, will remain chairman of the board, “primarily to mentor Patric Spethmann and act as a coach and advisor”.

So what is it about Spethmann that made the company (whose products are available internationally include the US and UK) pick him? He joins from Marc O’Polo, where he most recently held the position of COO. There, his focus was on “optimising internal processes, increasing the efficiency of workflows and organising structures”.

“In Patric Spethmann, we have gained a leader who brings with him many years of experience in the industry. Together, we will set the course for maintaining our brand and values and strategically driving them forward. This puts us in an excellent position for the future and enables us to respond quickly and efficiently to the challenges of the new era,” Schlotterer said.

And Spethmann added: “I am very much looking forward to joining Marc Cain in June 2026. As a leading player in the field of premium women’s fashion, I am particularly impressed by the company’s extraordinary innovative strength and its clear focus on forward-looking technologies. This combination of creativity, quality and progressive thinking makes Marc Cain, in my opinion, a company that sets trends for the entire industry.”

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