Top stories of the week (11-15 October)

by Maje Pérez-Ramos
  • The shocking story with which Olivier Rousteing, creative director of Balmain, surprised the world this week: a year ago he suffered a serious home accident that caused him burns all over his body. He kept the incident and his recovery a secret and only now, on the occasion of his tenth anniversary at the French maison, has he told his story. Read it in his own words here.
  • Scandal splashes Coach: environmental activist Anna Sacks (@thetrashwalker) reveals in Tik Tok evidence of the more than questionable practice of damaging and discarding unsold merchandise, with which the American firm (and it seems it is not the only one) reduces it tax bill. Coach now faces an unprecedented reputational crisis. All the details here.
  • The astronomical revenue figures with which LVMH crowns itself as king of luxury in the third quarter of the year, 15,512 million euros. Read more about it here.

Image: @coach

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