Delvaux news and archive

Delvaux names new chief brand officer

Delvaux has a new chief brand officer at the helm. Ermanno Piraes has been named to the position, marking the latest executive shakeup since the brand was acquired by Richemont. Previously, Piraes worked as press director of Fendi, but he is no stranger to Delvaux. He joined Delvaux over a decade ago before his stint at Fendi. Piraes joins the...

People

Delvaux gets new old CEO

Jean-Marc Loubier, the former CEO of Delvaux who helped the brand expand through the 2010s, is now returning to the Belgian fashion house for a second round as CEO. Delvaux is now owned by luxury conglomerate Compagnie Financière Richemont, the owners of other brands including Chloé and Cartier. The news was reported by WWD. Loubier returns to...

BusinessFeatured

Richemont acquires Belgian luxury goods house Delvaux

Switzerland-based luxury giant Richemont has acquired a 100 percent stake of Delvaux, the renowned Belgian luxury leather goods company, in a private transaction. Commenting on the acquisition, Philippe Fortunato, CEO of fashion and accessories maisons at Richemont, said: “Delvaux’s rich archives and creative momentum over the last 10 years...

Business

Delvaux potentially up for sale

Belgian luxury handbag company Delvaux is looking for a buyer. The Hong Kong-based billionaire brothers Victor and William Fung are looking to offload the brand from their portfolio. The sale could be valued between 500 million to 600 million dollars. In 2011, the Fung brothers took a majority stake in the brand via is subsidiary First Heritage...

Retail

Belgian luxury handbag label Delvaux opens new store in London

Delvaux has finally unveiled its new address at New Bond Street, London. The Belgian luxury brand, which previously occupied number 36 of the same street, now operates a larger and more visible store. There is no doubt the Belgian fashion house, founded in 1829 and official purveyor to the Court of Belgium since 1883, is on a quest to win...

Design

Delvaux to open London boutique

Delvaux, the luxury Belgian accessories company, is to open its first boutique on New Bond Street in London later this year. Delvaux is one of the oldest luxury brands in the world and was founded 1829. It has been an official purveyor to the Court of Belgium since 1883. Much like Hermès, the company makes all of its bags in its own workshop in...