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Luxury fashion brand Loro Piana, a subsidiary of LVMH, has been placed under judicial administration for one year by a Milan court following allegations of labour exploitation within its Italian supply chain. Labour Exploitation Allegations The court ruled…
The world’s largest luxury retailer LVMH shrugged off broader market pessimism overnight reporting record revenue of €46.8 billion last year, up 10 per cent over 2017. Excluding the closure of the unprofitable Hong Kong airport duty-free business in December…
LVMH Moet Hennessy Louis Vuitton boosted revenues by 10 per cent to €33.1 billion in the first nine months of this year. Organic sales grew 11 per cent compared to the same period last year and by 13 per cent after excluding the impact of the closed DFS…
It has been another record year for luxury products group LVMH Moet Hennessy Louis Vuitton. Revenue increased by 13 per cent year on year to reach €42.6 billion (US$52.9 billion), while organic revenue growth was 12 per cent. All business groups recorded…
Last week, Loro Piana previewed 2018 Spring/Summer collection in the Entertainment Suite of The Mandarin Oriental in Hong Kong. The new collection features unique, sophisticated articles that combine a contemporary look with refined elegance. The collection…
The Shoppes at Marina Bay Sands has added luxury label Dolce & Gabbana Junior to its growing line-up of luxury childrenswear retailers. The high end Singapore shopping centre which relaunched with a luxury focus in April, had already attracted Fendi Kids and…
