Doing business in the "Art of the Deal" age is tricky, but retail and fashion companies are zeroing in on an approach.

Last year, the Wertheimer family behind Chanel received a $5.7 billion dividend, marking the largest payout in six years ...

Luxury goods stores on Rodeo Drive are growing larger as top-shelf retailers increasingly up the ante to dazzle shoppers, and ...

The shine of the global luxury market has continued to fade, after industry heavy weight LVMH (short for Moet Hennessy Louis ...

The fresh funds provided by the European Innovation Council will help the Cambridge-based company overcome technical barriers ...

As China cools, the world’s largest luxury conglomerate is making a powerful and visible push into Japan. It’s a sign of a ...

Luxury goods company LVMH plans to revamp its Moet Hennessy division. The company will focus on its popular alcohol brands like Hennessy and Moet & Chandon. LVMH will reduce international ...

LVMH will focus on its biggest, best known alcohol brands and rein in international ambitions for smaller labels to revive ...

2025 THIBAUD MORITZ / AFP The cognac crisis and the slump in champagne sales are shaking up LVMH, the industry leader. The luxury giant, keen to cut costs, announced plans to eventually cut 1,200 ...

Guiony also said that the division’s structure had been built for "a much larger size of business", outlining plans to reduce staff numbers to the 2019 level of 8,200 from 9,400 currently. LVMH ...