Today, LVMH announced the eight designers shortlisted to compete for the 11th edition of the LVMH Prize for Young Designers, Karl Lagerfeld prize and inaugural …
LVMH
With Succession in Focus, LVMH Adds Alexandre and Frédéric Arnault to Board
At its annual meeting Thursday, LVMH shareholders approved the luxury conglomerate’s proposal to add two more of chairman Bernard Arnault’s children to its board of …
LVMH Sales Grow 3 Percent As Luxury Boom Stalls
Louis Vuitton- and Dior-owner LVMH reported first-quarter sales up 3 percent on an organic basis, confirming fears that luxury demand would continue to stall as …
Chanel Eyes NYC Fifth Avenue Tower That LVMH Is Also Targeting
Chanel Ltd. is in talks to purchase a building on Manhattan’s Fifth Avenue, joining the competition among the world’s top retailers to snap up spots …
Power Moves | Tapestry Appoints CFO, LVMH Fashion Group Has a New Deputy CEO
Tapestry appoints Scott A. Roe CFO and head of strategy. The longtime VF Corp. executive will lead financial functions as well as the strategy and …
Senior Vuitton Executive to Join Michael Burke at LVMH Fashion Group
A top Louis Vuitton executive is set to join the LVMH fashion group, the division of the luxury conglomerate that houses labels including Celine and …
LVMH in Exclusive Talks With Lagardere for Paris Match Magazine
Luxury giant LVMH is in talks to buy French magazine Paris Match from media conglomerate Lagardere SA, which is majority controlled by Vincent Bollore’s Vivendi. …
Elena Velez and Jacques Agbobly Among LVMH Prize Semi-Finalists
On Friday LVMH named the 20 semi-finalists competing for this year’s LVMH Prize for Young Fashion Designers, which includes a year of mentorship by LVMH …
LVMH Explores Purchase of Building on Manhattan’s Fifth Avenue
LVMH Moët Hennessy Louis Vuitton SE is in talks to buy a building on Manhattan’s Fifth Avenue as the luxury conglomerate seeks to control the …
Op-Ed | Is It Time to Break Up Luxury Behemoth LVMH?
When Bernard Arnault presents LVMH’s annual earnings on Thursday, investors and analysts will be hanging on to his every word as they try to decipher …
Will LVMH Signal an End to Luxury’s Slump?
Haute couture shows start in Paris this week. The ultra-expensive, handcrafted looks on display there are among the few luxury items brands can still count …
Will LVMH Signal an End to Luxury’s Slump?
Haute couture shows start in Paris this week. The ultra-expensive, handcrafted looks on display there are among the few luxury items brands can still count …
TikTok, LVMH Work on Plan to Limit Fake Items Sold on the App
Luxury conglomerate LVMH is in discussions with TikTok and its parent company ByteDance Ltd. on a plan for limiting counterfeit products sold on the popular …
Frédéric Arnault Named CEO of LVMH Watches
Frédéric Arnault is the new chief executive of LVMH Watches, effective Jan. 1, LVMH announced in a statement Friday. The newly created role will see …
LVMH Cedes Control of Cruise Retail to Florida Developer Jim Gissy
LVMH signed a deal to sell a majority stake in the parent company of its cruise retail business to a group of investors led by …
Morgan Stanley Downgrades LVMH to End Six Years of Bullishness
For the first time in six years, a Morgan Stanley analyst is relinquishing his positive view on LVMH. Edouard Aubin downgraded the luxury-goods giant to …
Bernard Arnault Loses His Slot as the World’s Second-Richest Man to Jeff Bezos as LVMH Stock Slips
LVMH founder Bernard Arnault is no longer the world’s second-richest person, with his total wealth falling below Jeff Bezos’ net worth amid signs of a …
LVMH Q2 China Rebound Offsets Weakening US Demand
LVMH sales in the second-quarter were buoyed by a strong rebound in Chinese spending, helping to offset weakening demand from aspirational customers in the US, …
LVMH Inks Blockbuster Olympics Deal
PARIS — If luxury titan Bernard Arnault allowed himself a self-satisfied smirk at last month’s French Open finale, now we know why. As the buzz …
LVMH Emerges as ESG Magnet With $17 Billion Stake
The world’s biggest producer of luxury goods has emerged as a favourite among fund managers marketing themselves as promoters of environmental and social goals. More …