Luxury brands have been sounding the alarm about a global downturn in recent months. With second quarter results due out this week from three of …
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LVMH
Yes, Loro Piana is Owned by LVMH and Here’s How and Why
If you’ve ever wondered, “Is Loro Piana owned by Louis Vuitton?” or “What’s the story behind Loro Piana’s acquisition by LVMH?” you’re not alone. The …
Op-Ed | LVMH Has Already Won Gold
Whichever sporting heroes bring home the medals at the Paris Olympics later this month, there will only be one true winner: LVMH founder, chairman and chief executive …
Op-Ed | Could LVMH Buy Richemont?
So now we know. In January, Bernard Arnault sang the praises of Cartier owner Cie Financiere Richemont SA. He also quipped that if its chairman Johann …
LVMH Buys High-End Swiss Clock Manufacturer L’Epée 1839
LVMH is buying the owner of L’Epée 1839, a Swiss manufacturer of high-end clocks, a niche timekeeping market that’s largely been bypassed by luxury conglomerates …
LVMH Lines Up Next CFO as Luxury Empire’s Succession Stakes Grow
LVMH has chosen an eventual successor to its long-time chief financial officer as billionaire Bernard Arnault prepares a new generation of leaders to steer the …
Lagardere Moving Closer on Sale of Paris Match Magazine to LVMH
French media and business conglomerate Lagardere said on Wednesday it is moving closer to a sale of its Paris Match magazine to luxury goods giant …
LVMH Said to Shake Up Fashion Group Leadership
PARIS — Former Louis Vuitton chief executive Michael Burke is stepping back from his role overseeing LVMH’s Fashion Group — at least in its existing …
LVMH Considering Options for Marc Jacobs, Amid Buyer Interest, Say Sources
LVMH Moet Hennessy Louis Vuitton SE is exploring options for its Marc Jacobs fashion brand amid interest from potential buyers, people with knowledge of the …
LVMH Prize Names Finalists, Adds Phoebe Philo and Pharrell Williams to Jury
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 …
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 …