French luxury group LVMH has acquired a historic villa in Cannes, France, for around €50 million ($52.7 million), to showcase its brands during the city’s …
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LVMH
LVMH Extends Its Bet on Luxury Hospitality With Fontenille Deal
LVMH is betting on a small but high-end French hotel group with properties in tourist hot spots like Tuscany and Minorca for its latest expansion …
LVMH Fund Invests in Norwegian Luggage Brand Db Bags
LVMH’s luxury fund has taken a minority stake in the Norwegian luggage brand Db Bags, originally named Dochebags. It is LVMH’s luxury fund’s second investment …
LVMH Moves Alexandre Arnault to Headquarters, Fuelling Succession Talk
LVMH appointed new divisional leaders in a reshuffle that returns one of billionaire founder Bernard Arnault’s sons to the luxury conglomerate’s Paris headquarters from New …
LVMH Would Take €800 Million Hit From France’s Planned Tax Hike
While plenty of French companies may be hoping the government’s proposed €8 billion increase in corporate taxes remains a temporary measure, as promised, executives at …
LVMH HR Chief Chantal Gaemperle Exits Group
Chantal Gaemperle, LVMH’s human resources & synergies chief and a member of the group’s executive committee, is leaving the French company after 17 years. The …
LVMH Acquires Minority Stake in Our Legacy
Our Legacy says it’s attracted and rebuffed several approaches from would-be investors as the label—Swedish fashion’s standard-bearer for low-key menswear cool—grew into a global business …
LVMH Fashion and Leather Goods Sales Fall 5%, Missing Estimates
LVMH’s critical fashion and leather goods division reported third-quarter sales down 5 percent, missing the expectations of analysts who had predicted between 0 and 2 …
LVMH Investors Jittery Over Anaemic China Demand
Investors in French luxury group LVMH, opens new tab are eager for signs that China’s new fiscal stimulus measures can finally pull wealthy and middle-class …
Op-Ed | LVMH Is in the Luxury Driver’s Seat With F1 Deal
Bernard Arnault is firmly in the luxury industry’s driver’s seat with LVMH Moet Hennessy Louis Vuitton SE’s sponsorship of Formula One motor racing. The company’s …
LVMH and Formula 1 Announce 10-Year Partnership
LVMH and Formula 1 on Wednesday announced a decade-long partnership to begin in 2025. As part of the deal, several LVMH brands including Louis Vuitton, …
LVMH Sells Off-White Brand to Bluestar Alliance
LVMH has sold Off-White LLC, owner of the Off-White brand, to Bluestar Alliance LLC, the New York-based brand management company that operates labels such as …
LVMH Chairman Wins Big on China Stimulus With $17 Billion Wealth Surge
Bernard Arnault entered Thursday having lost more wealth this year than any other billionaire, with his luxury-goods fortune slumping by $24 billion. Then China’s top …
Moncler CEO Strengthens Grip on Company With LVMH Deal
Moncler’s Chairman and CEO Remo Ruffini is tightening his control of the outerwear specialist after striking a deal with LVMH, which will take a stake in …
Celebrities at the 2024 LVMH Prize
The 2024 LVMH Prize, held last week in Paris, showcased some of the most exciting up-and-coming talents in fashion, with the prestigious award going to …
LVMH Close to F1 Sponsorship Deal for Range of Brands
LVMH is in late stage talks to become a major sponsor of Formula One, in a deal that would see the French luxury conglomerate promote …
Hodakova Takes Home Top Honours at the 2024 LVMH Prize
PARIS – Hodakova, the Stockholm-based label founded by Ellen Hodakova Larsson, won top honours at the 2024 LVMH Prize announced in Paris on Tuesday for …
Celebrities at the Vogue x NBC x LVMH Prelude Cocktail Event
Here is a roundup from the other celebrities who attended the Vogue x NBC x LVMH Prelude Cocktail Event in Paris on Thursday evening, alongside …
Vogue x NBC x LVMH Prelude Cocktail Event: Louis Vuitton Edition
On Thursday evening, the Louis Vuitton Foundation in Paris was abuzz with glitz and glamour as celebrities gathered for the Vogue x NBC x LVMH …
LVMH Holds Talks on Sponsoring Formula 1 in Blow to Rolex
A Swiss watch brand owned by French luxury conglomerate LVMH is in talks to take over as the official timekeeping sponsor of Formula 1 motor …