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LVMH
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8 hours ago
There was a deterioration of demand in March as a result of the Middle East conflict, said LVMH CFO Cécile Cabanis.
37 days ago
Tech oligarchs reshape humanity while billionaires of old seem quaint ⊕
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a story from The Guardian ⚠️ › International
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From Gates to Musk and Altman, today’s ultra-rich steer AI and tech, raising questions about who decides the future
When Bill Gates became the first modern IT mogul to reach the apex of wealth and pow…
66 days ago
American taste for champagne goes flat due to tariffs and weaker dollar ○
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a story from The Daily Mail 💩 › The Daily Mail
The figures reveal how luxury companies - including LVMH, owner of Moet & Chandon and Dom Perignon - continue to grapple with a slowdown.
76 days ago
LVMH shares plummet 7% as fourth-quarter results lag competitors ⊕
LVMH shares plummeted Wednesday after the French luxury conglomerate reported mixed full-year earnings late Tuesday.
LVMH beats earnings expectations as China recovery mounts ⊕
LVMH beat earnigns expectations for a second straight quarter amid a China recovery that is starting to show up in luxury companies' balance sheets.
LVMH predicts ‘gradual’ luxury recovery as sales rise ⊕
Owner of Louis Vuitton and Dior reports another quarter of sales growth as luxury industry emerges from downturn
4 months ago
1 Granary: the influential platform holding the fashion establishment to account ⊕⊕
Olya Kuryshchuk’s publication is a rare – and increasingly powerful – voice advocating for the people behind the scenes in an industry that loves a star. Its new awards celebrate the ‘teams who never…
Italian luxury giant Prada buys Versace for $1.38bn ○
The deal unites two major Italian fashion houses and expands Prada's line-up of brands as it seeks to compete with the LVMH group.
5 months ago
Moët Hennessy sues fired employee over sexual harassment claims ⊖
Defamation case pits LVMH wine and spirits division against professed whistleblower
LVMH explores sale of its 50% stake in Rihanna-backed Fenty Beauty, sources say ⊕⊕
Luxury goods giant LVMH is exploring a sale of its 50% stake in Fenty Beauty, which it co-owns with Grammy Award-winning singer and entrepreneur Rihanna, according to four people familiar with the ma…