French authorities say faulty Takata airbag responsible for driver's death
French authorities say a defective airbag manufactured by now-bankrupt Japanese firm Takata was responsible for the fatal injuries sustained by a driver who died of a road accident last week. France's transport minister has called for all Citroen C3 and DS3 models fitted with recalled airbags to be taken off the road. Plus, at the Paris Air Show, aerospace giants and startups alike are showcasing technologies to make aviation greener.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Fashion Network
4 hours ago
- Fashion Network
Lacoste names Eric Vallat as chief executive, replacing Thierry Guibert
Lacoste is entering a new era of leadership. Ten years after taking the reins and nearly tripling the brand's revenue—which is now reportedly nearing €3 billion— Thierry Guibert is stepping back from day-to-day operations. A seasoned executive with prior leadership roles at Fnac and Conforama, Guibert has appointed a trusted successor: Eric Vallat, most recently CEO of Rémy Cointreau, will return to the fashion industry as Lacoste's new chief executive. According to U.S. publication WWD, Vallat will officially join the French brand on 1 September. The appointment marks a return to familiar territory for Vallat. Before leading Rémy Cointreau, he served as CEO of Rémy Martin, the company's cognac division under the Richemont Group. Based in Geneva, he also oversaw Richemont's fashion and accessories division. Earlier in his career, he held executive roles at French luxury labels J.M. Weston and Bonpoint. With Vallat's arrival, Guibert will step down from Lacoste's operational leadership. 'I've had the privilege of leading Lacoste for over ten years, working alongside exceptional teams to guide the brand through a major transformation,' Guibert said in a statement. 'Now, I've chosen to focus fully on leading MF Brands Group. I'm very pleased to hand over the reins to Eric Vallat—a bold leader with a proven track record. His extensive expertise and experience will be key to unlocking Lacoste's next chapter. I'm confident he will carry forward the momentum we've built with both excellence and a collective spirit. As CEO of MF Brands Group, I will remain closely involved in supporting him in this new phase.' Guibert will continue as CEO of MF Brands Group, which recently sold The Kooples but retains Gant, Aigle, and Tecnifibre in its portfolio. The group reports €3.7 billion in business volume, a network of 2,400 stores, and a global workforce of around 12,000. (Exchange rate: 1 euro = 0.85 pounds sterling)
Fashion Network
4 hours ago
- Fashion Network
Spurred on by a new generation, Moismont collaborates with Le Bon Marché
With a new generation at the helm, French fashion brand Moismont continues to expand its wardrobe, initially focused on accessories and more specifically scarves. With a chic style that's also bursting with pattern and color, thanks to its Indian manufacturing roots. Founded in 2012 by Martine Bijvoet, who had previously created and then sold the scarf brand Inouitoosh (now Inoui Editions), the label was born at the Domaine de Moismont, a vast family home in the Somme region that still draws its business from apple and pear orchards. Her son Jacques Bijvoet took over the reins of the brand in 2022, and anchored its headquarters in Paris, where he works alongside his family. His sister works in production, while his brother-in-law looks after the finances. The gradual expansion of the clothing offer, in addition to accessories, has enabled the brand this year to imagine a real wardrobe for Le Bon Marché, where its products have been sold for many years. A capsule will be unveiled in September 2025 in collaboration with the department store's own women's brand, recently reformulated and named Le Bon Marché Rive Gauche. Traditionally produced in India for the cotton models, and in Mauritius for the knitwear, the collection features blouses, skirts, pants, bibs, jackets, dresses and accessories priced from 35 to 265 euros. Available in shades of burgundy, green and dark blue, with some inspiration from Scottish tartans. "There's a real connection between the Bon Marché customer and the Moismont customer. This collaboration shows that we've become a full-fledged ready-to-wear player. Clothing now accounts for almost 60% of our sales, compared with 40% for accessories and luggage," explained Jacques Bijvoet. The brand, which generates annual sales of around 4 million euros, wants to be more visible, and this partnership should help. In fact, the next capsule will be launched with the family-owned Cyrillus brand. Moismont's distribution is via its e-commerce site (which accounts for 10% of business), but above all via wholesale, which is its sole physical sales channel. The company has around 500 retailers, most of whom are based abroad, mainly in the U.S. and Asia. "We only produce to order, so we have extremely little residual stock, a slight risk weighing solely on the e-shop," he explained. The good results of the brand - which employs a dozen people - give him confidence to expand, but without haste. "We're profitable, and our annual growth rate has been 30% for the past five years. That's very encouraging, but as a family business, without investment funds, we can't finance more than growth. In the coming years, we'd very much like to open our first flagship store in Paris, now that our offer is more complete," he concluded. In the meantime, Moismont will be setting up a pop-up store on rue Debelleyme in the Marais district of Paris for the festive season.
Fashion Network
4 hours ago
- Fashion Network
Ever Dye raises €15 million to advance to the industrial stage
French biosourced textile dye specialist Ever Dye has announced the raising of €15 million to finance its move to an industrial scale. The Romainville-based company led this round of financing with Crédit Mutuel Innovation and the Daphni fund, while Ring Capital, EIC Fund and 2021 Next took part in the deal along with historic investors Asterion Ventures and Maki VC. Ever Dye had already raised 3.4 million euros in January 2023. Headed by Philippe Berlan, former managing director of La Redoute, the company offers a bio-based dyeing process that can be utilized through existing dyers' infrastructures. This approach, based on biosourced pigments, could reduce the carbon impact of textile dyeing by 61% to 89%. A study of dyeing, which remains one of the major black spots in the textile supply chain, from an environmental point of view. Often derived from petrochemicals, pigments and their applicators are responsible for 20% of global water pollution. Dyeing is even said to account for 52% of the sector's carbon emissions, notably via the amount of energy consumed by the processes. After three years of development, Ever Dye's process has now received the commitment of retailers and brands such as Lacoste, Adore Me, Kiabi and Petit Bateau. A major French luxury brand has also committed to a concrete collaboration with the company, which now intends to move from the laboratory to the factory stage.
