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China proved a standout market in every product category for luxury-goods retail group LVMH in the first half-year. While sales in Europe and the Americas suffered from long-drawn-out disruption due to Covid-19, there were signs of a recovery in Mainland…
The US$16.2 billion Tiffany takeover by luxury-goods group LVMH appears in doubt. The New York-listed jeweler’s share price tumbled 9 percent after Women’s Wear Daily reported that LVMH board members held a special meeting in Paris to discuss the bid. Both…
LVMH chairman Bernard Arnault will buy a stake in Arnaud Lagardere’s publishing and media group Lagardere Capital & Management (LCM). The transaction between the two French billionaires is expected to see Arnault pick up about a quarter of LCM’s share…
LVMH has reported a sales decline of 15 percent for the first quarter of this year, a staggering achievement given its most lucrative market, China, was shut down for most of the period. “Thanks to everyone’s commitment and the strength of its brands, the…
LVMH has reported a sales decline of 15 percent for the first quarter of this year, a staggering achievement given its most lucrative market, China, was shut down for most of the period. “Thanks to everyone’s commitment and the strength of its brands, the…
Japanese cosmetics brand Etvos has received a significant investment from global private-equity firm L Catterton’s Asia fund. The LVMH and Groupe Arnault-backed fund will partner with Etvos’s existing management to extend growth, with special attention to…
LVMH Group brands are using social media campaigns to allow consumers to “escape differently” with branded content inspired by “nomadic thinking” during the coronavirus crisis. Multiple brands within the LVMH stable are embracing the concept which is in…
Subject to regulatory approvals, the LVMH-Tiffany deal is sealed: the French luxury fashion powerhouse will take over the iconic New York City-headquartered jeweler. But it may be mid next year before the transaction is completed after shareholder and…
Luxury jeweler Tiffany & Co looks set to be bought by French luxury group LVMH after the latter increased its offer to more than US$16 billion. Sources have told multiple international media organizations that a deal may be announced as early as today,…
Luxury goods group LVMH has shrugged off the impact of the recent Hong Kong protests and global economic uncertainty, recording a 19 percent increase in sales of leather goods and fashion during the third quarter. The Paris-headquartered group singled out its…
Luxury brand owner LVMH has reported a solid 15 percent increase in sales in the first half of this year, shrugging off gloomy consumer sentiment in many markets. The parent of Louis Vuitton, Christian Dior, Bulgari, Sephora, DFS, Moet and a raft of other…
Luxury brand owner LVMH has reported a solid 15 percent increase in sales in the first half of this year, shrugging off gloomy consumer sentiment in many markets. The parent of Louis Vuitton, Christian Dior, Bulgari, Sephora, DFS, Moet and a raft of other…
LVMH has bought a cornerstone share in Stella McCartney House. Full details of the deal will be released in September, however LVMH has confirmed Stella McCartney will continue as creative director and ambassador of her brand, while holding majority…
LVMH has bought a cornerstone share in Stella McCartney House. Full details of the deal will be released in September, however LVMH has confirmed Stella McCartney will continue as creative director and ambassador of her brand, while holding majority…
French luxury house LVMH has taken a controlling interest in Italian jeweller Repossi. The group quietly increased its 42-per-cent stake in the heritage jewellery brand to 69 per cent last year, and has since focused on expanding Repossi’s retail network,…
L Catterton Asia, the Singapore-based private equity firm, is set to sell its stake in Australian luxury footwear retailer RM Williams. The investment company, controlled by LVMH Group and the Arnault family, has put the business up for sale for US$500…
