Eight Awards For The 2016LVMH Awards

Sponsored by LVMH, after a week of fashion week.

2016 finally, the list of finals will be released.

Although three Chinese designers were among the 23 designers, one of the three most innovative designers was disappointed.

However, the power of new designers from China has made international people admire this.

The eight designers are: Tuomas Merikoski, Matthew Williams, Brandon Maxwell, Hiromichi Ochiai, Christelle Kocher,

Grace Wales Bonner and Glenn Martens.

These eight

The competition for champions will be final in June 16th.

The final jury will be made by LVMH jury and Lord Buddha.

What's interesting is that the eight finalists were designers who came from all over the world, but there were three designers from Paris.

Therefore, this shows that Paris's fashion capital is still influential.

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In the first week of 2016, people in the luxury goods industry still feel happy and sad.

On the other hand, luxury goods giant LVMH set up a new company to cope with the recession, while the fashionable big coffee Lord was exposed to tax evasion. On the other hand, Tory Burch and LVMH fashion department CEO announced their engagement, and the parent company sold in December.

The luxury industry is facing reform and will not be calm in 2016.

LVMH, the world's largest luxury group, announced that it will invest $12 billion to form a new investment company, L Catterton.

The new investment company is jointly invested by LVMH group and Groupe Arnault, the controlling shareholder of LVMH group and investment institution Catterton.

LVMH CEO Bernard Arnault says L Catterton aims to become a leader in consumer company investment.

Nowadays, the decline of luxury goods industry is an indisputable fact.

Data show that LVMH L Capital's Asia branch L Capital Aisa has invested more in catering and entertainment over the past two years.