This week, shares soared after luxury’s biggest player reported another quarter of better-than-expected results. But protesters flooding Paris’ tony shopping streets penetrated LVMH’s headquarters — …
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LVMH
LVMH Strengthens Tiffany & Co.’s Manufacturing Capabilities With New Acquisition
The luxury goods conglomerate has purchased a majority stake in Platinum Invest Group, a France-based jewellery manufacturing group that owns five workshops including Orest and …
French Protestors Target LVMH Headquarters in Paris
Protestors taking the streets against the French government’s plan to raise the retirement age briefly entered LVMH’s headquarters Thursday, calling for companies and the rich …
LVMH Sales Lifted by Strong Chinese Rebound in First Quarter
French group LVMH reported a 17 percent rise in first-quarter sales, lifted by a return to strong business in China, which is serving as a …
LVMH Prize Finalists Announced | BoF
On Friday, the luxury goods group named the nine shortlisted brands that will compete for this year’s LVMH and Karl Lagerfeld Prizes. Finalists include: Aaron …
Stéphane Rinderknech Named Chairman, CEO of LVMH Beauty Division
Rinderknech joined the luxury goods conglomerate from L’Oréal USA, where he was president and chief executive officer, in May 2022 as chairman and CEO of …
Sophie Turner Goes All-Black for LVMH Prize 2023 Cocktail Party – Fashion News
One of Louis Vuitton’s stylish ambassadors and a muse to designer Nicolas Ghesquière, Sophie Turner stepped out to celebrate the LVMH Prize 2023 semifinalists during Paris …
Arnault’s LVMH Faces Renewed Tax Scrutiny After Court Loss
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, 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 …