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The luxury headlines are brutal: Kering’s market cap has been chopped in half. LVMH’s fashion and leather goods division has seen three straight quarters of shrinking revenue—a rarity in its vaunted ...
and there's been periods where less than 2% of the product line had any logo on it at all," Melwani said. Melwani said LVMH's chief, Bernard Arnault, has recognized that customers who purchase ...
LVMH's Moët Hennessy has reportedly planned to lay off thousands of its employees as the luxury category slows down. According to reports from La Lettre, which first broke the story, and the ...
Hermes this month briefly overtook its rival LVMH in market cap. Liao Pan/China News Service/VCG via Getty Images With high profits and a reliable base of wealthy clients, LVMH and Hermes—the ...
A one-sentence statement served as the notice that Mr. Anderson, who reimagined LVMH’s Loewe brand, would lead men’s wear design at Dior. By Jacob Gallagher On Thursday, one of the worst-kept ...
LVMH ceded its title as the world’s most valuable luxury company on Tuesday, as its market capitalization dropped below rival Hermes. The market capitalization of LVMH, known for brands like ...
LVMH is considering moving more of its manufacturing into the US to mitigate tariff risks. The group's CFO said it was looking into shifting manufacturing for Louis Vuitton and Tiffany & Co. If ...
Simply sign up to the Fashion myFT Digest -- delivered directly to your inbox. It’s hard to categorise the Stockholm-based label Our Legacy. Which is precisely how the brand’s founders want it ...
Grupo Santander downgraded LVMH (LVMUY) to Neutral from Outperform with a EUR 686 price target Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news.
LVMH has already sold the streetwear fashion brand Off-White recently, as well as its stake in Cruise Line Holdings amid dampened global demand for luxury goods and falling Chinese sales. Luxury ...
French luxury conglomerate LVMH is denying reports that it is responsible for deteriorating and rusting Olympic medals that were handed out to athletes during the Summer Games in Paris last year.