Billionaire Bernard Arnault’s LVMH lost the latest round in its court battle against French tax officials who raided the luxury-goods firm’s Paris headquarters to gather …
LVMH
LVMH, L’Oréal Among Suitors for Stake in Aesop
LVMH and L’Oréal SA are among the luxury consumer companies weighing offers for a stake in Aesop that may value the high-end cosmetics brand at …
LVMH Backs Marquis, a New Communications Agency in Paris
Youssef Marquis, a longtime communications executive for LVMH’s Givenchy and Louis Vuitton labels, is set to open a new Paris-based agency with support from the …
LVMH, Richemont Set to Benefit From Middle East’s Fast Growth
The Middle East is expected to become one of the fastest growing markets for luxury in 2023, according to Barclays Plc analysts, with the owners …
LVMH to Build New Workshop Making Louis Vuitton Bags in Italy
LVMH, the world’s largest luxury goods group, plans a new factory in Italy producing Louis Vuitton bags and other leather accessories, the Tuscany region said on Friday. …
Antoine Arnault Becomes CEO of LVMH Holding Company
Christian Dior SE, the holding company through which French billionaire Bernard Arnault and his family control luxury goods conglomerate LVMH, has named Antoine Arnault its …
LVMH Beats Estimates, Blames Tourist Shopping for Slowing US Growth
LVMH’s third quarter revenues rose 20 percent on an organic basis to €19.8 billion ($19.3 billion). The group’s fashion and leather goods division, including profit …
Ye Lashes Out at LVMH and Vogue Editor After ‘White Lives Matter’ T-Shirt Draws Criticism
The rapper formerly known as Kanye West dominated the conversation around Paris Fashion Week for a second day as he unleashed a torrent of Instagram …
LVMH Announces Bonus Payment to Help Staff Tackle Inflation Pressures
French fashion giant LVMH announced a bonus payment for staff to help them cope with inflationary pressures, joining a growing list of blue-chip French companies …
Harlem’s Fashion Row and LVMH Unveil the Virgil Abloh Award
In partnership with LVMH, the New York-based fashion organisation will host its 15th anniversary fashion show and awards on Sept. 6. This year, in addition …
Bernard Arnault Reorganises Holding Company to Ensure Family Control of LVMH
Bernard Arnault is reorganising his holding company as the French billionaire seeks to ensure long-term family control over LVMH, the luxury empire he’s built. Europe’s …
Last Mile Delivery Start-Up Wins LVMH Innovation Prize
Toshi, the London-based last-mile delivery start-up founded by fashion entrepreneur Sojin Lee, won LVMH’s 2022 Innovation Awards Grand Prize Thursday. Lee, who was a founding …
LVMH Invests in Lab-Grown Diamond Start-Up Lusix
LVMH Luxury Ventures, the French luxury conglomerate’s private equity arm, has acquired a stake in Israeli lab-grown diamond start-up Lusix alongside other investors in a …
Britain’s S.S. Daley Wins the LVMH Prize
Emerging British label S.S. Daley won the LVMH Prize for 2022, securing a cash prize of €300,000 for founder Steven Stokey-Daley as well as a …
LVMH to Accept Cryptocurrency At Watchmaker Tag Heuer
Tag Heuer has started accepting cryptocurrency online in the United States, becoming the first brand in luxury conglomerate LVMH’s portfolio to do so. The Swiss …
LVMH to Accept Cryptocurrency At Swiss Watchmaker Tag Heuer
Tag Heuer has started accepting cryptocurrency online in the United States, becoming the first brand in luxury conglomerate LVMH’s portfolio to do so. The Swiss …
LVMH Readies for Post-Pandemic Travel Boom With New Hospitality Chief
The luxury goods conglomerate has appointed Stéphane Rinderknech as chairman and CEO of LVMH Hospitality Excellence. He succeeds Andrea Guerra, Luxottica’s former CEO, who will …
LVMH Beauty Partners With Sustainable Packaging Company
The conglomerate’s beauty arm has formed a partnership with Origin Materials Inc., a California-based company focused on creating packaging and materials with minimal carbon footprint. …
How Long Can LVMH Keep Up Its Winning Streak?
Inflated Expectations LVMH reports first-quarter results on April 12 The Louis Vuitton and Dior owner has reported a series of blockbuster quarterly sales and profits …
The LVMH Prize Finalists Have Been Announced: KNWLS, ERL, ASHLYN, and More
Chosen for their approach to sustainability and inventiveness, the eight frontrunners have been revealed. Chosen for their approach to sustainability and inventiveness, the eight frontrunners …