French luxury giant LVMH Moët Hennessey Louis Vuitton SE is selling its only US hotel, the El Encanto in Santa Barbara, California. The 90-room property …
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LVMH
Michael Burke Tapped to Lead LVMH Americas
LVMH’s Michael Burke is moving to New York to take on the new role of chairman and CEO of LVMH Americas. Burke, who formerly served …
LVMH to Buy Belmond Hotel Group for $2.6 Billion
PARIS, France — LVMH is making a $2.6 billion bet that the same consumers who can spend $1,000 on a Louis Vuitton bag will splash out …
LVMH Plans London Hotel and New Flagship in Experiential Push
LONDON, United Kingdom — LVMH is betting that a new Cheval Blanc hotel by ‘starchitect’ Norman Foster around the corner from its Louis Vuitton mega-store in …
LVMH Has Room to Raise Prices 2-3%, LVMH Deputy CEO Says
French luxury group LVMH has room to raise prices of high-end products by around 2-3 percent without likely affecting demand from luxury clients, but it …
LVMH Relinquishes Place Among Europe’s Top Five Biggest Stocks
LVMH lost its place among Europe’s top five listed companies as the luxury-goods maker endures its worst year-to-date slide since the 2008 financial crisis. The …
LVMH Said to Signal Continued Weakness on China Woes
LVMH is warning investors and analysts that demand remains soft after the luxury conglomerate missed revenue estimates for the first three months of the year, …
LVMH Shares Have Lost Their Lustre
After being a boon to the Paris equity market for years, LVMH stock is now its biggest drag. France’s benchmark CAC 40 index is trailing …
LVMH Shareholders Agree Bernard Arnault Can Remain CEO Until He Is 85
LVMH shareholders on Thursday voted to allow Bernard Arnault, 76, to remain at the helm of the world’s largest luxury group until he’s 85. The …
Hermès Market Value Surpasses LVMH, Which Once Tried to Buy It
Hermès’s market capitalisation surpassed that of rival LVMH, the conglomerate which once tried to buy the maker of the coveted Birkin bag in a stealth …
LVMH Perfumes and Cosmetics Revenue Declines 1%
Amid a tough landscape for luxury, LVMH’s beauty category is no longer immune to the broader global slowdown. Organic revenue in the conglomerate’s perfumes and …
LVMH Sales Miss Expectations | BoF
LVMH reported quarterly sales that missed expectations as the luxury industry struggles to reinvigorate demand following last year’s slump. Sales fell 5 percent on an …
LVMH Sales to Test Luxury Investors’ Nerves After Tariff Pain
Europe’s luxury-goods stocks have had a turbulent start to the year, giving investors plenty to consider heading into first-quarter results from sector bellwether LVMH. The …
LVMH Names New CEOs at Fendi, Louis Vuitton China and Kenzo
LVMH is making leadership changes at three of its fashion houses. Ramon Ros has been named CEO of Fendi, where LVMH hopes he will “elevate …
LVMH Announces Finalists for 2025 Prize for Young Designers
Today, LVMH announced the eight finalists for the 2025 Prize for Young Designers. The finalists are Alain Paul, All-In by Benjamin Barron and Bror August …
Jean-Christophe Babin Named CEO of LVMH Watches
LVMH has appointed Jean-Christophe Babin to the helm of LVMH Watches, succeeding LVMH-scion Frédéric Arnault, the group announced in a statement on Friday. The role …
Moncler To Add Alexandre Arnault To Its Board After LVMH Deal
Moncler SpA is set to appoint a son of billionaire LVMH founder Bernard Arnault to its board after a deal with the French luxury group …
LVMH Seeks to Clear Way for Bernard Arnault to Stay at the Helm Until 85
Bernard Arnault, 76, could remain at the helm of the world’s largest luxury group LVMH until he’s 85 if shareholders back a company proposal at …
Frédéric Arnault Named CEO of Loro Piana in LVMH Reshuffle
LVMH scion Frédéric Arnault has been named chief executive of Italian luxury brand Loro Piana. The move sees Frédéric, one of five children of chairman …
Decoding LVMH Watch Week | BoF
LVMH’s watch and jewellery division recorded a 3 percent fall in revenues last year as the watch industry suffered its most challenging period since the …