54 stories found
Union Minister Piyush Goyal met with luxury giants LVMH and L'Oreal to promote India's manufacturing, exports, and investments, discussing expanded production and integration of Indian culture into global luxury supply chains.
Luxury conglomerate LVMH is reportedly considering selling its Marc Jacobs brand and its stake in Rihanna's Fenty Beauty. This potential divestment comes as the luxury market experiences a slowdown, prompting the European giant to re-evaluate its portfolio.
Journalist Emmanuel Duteil is taking over as the head of Challenges magazine, succeeding Pierre-Henri de Menton, who departed due to "divergences" with the new shareholder, LVMH.
The "Orient Express Corinthian," a giant sailing ship featuring two pools, 54 suites, and a theater, has been launched to revolutionize luxury cruising, costing over 500 million euros to its owners Accor, LVMH, and Millennium.
Paris-based designer Gabriel Figueiredo, leading De Pino, has been named among the nine finalists for the prestigious LVMH Prize, competing for a €400,000 award and mentorship.
LVMH CEO Bernard Arnault, 77, reportedly defused speculation regarding his succession at a shareholders meeting, declining to disclose details of his replacement.
LVMH-backed private equity firm L Catterton has launched a new fund that will leverage the influence of sports personalities to enhance its portfolio companies. The fund is staked by top athletes, aiming to harness their brand power.
The "Iran war" is cited as a factor halting the recovery of the luxury market, with LVMH reporting a 6% drop in revenue for its fashion and leather goods division, leading analysts to lower price targets.
LVMH reported a rebound in its wine and spirits sales during the first quarter, despite the broader luxury industry experiencing weakening sales due to the Middle East war. The conflict was noted as impacting overall market performance.
The ongoing conflict in the Middle East has negatively impacted luxury retail sales, causing major brands like LVMH to report lower-than-expected revenues. This conflict is delaying the anticipated recovery of the luxury sector.
LVMH-owned media companies Les Échos and Le Parisien have announced plans to move their operations from Paris to Puteaux, a strategic relocation aimed at achieving significant cost savings.
Shares of major luxury brands like LVMH and Hermès & Co. have seen a decline, contrasting with the rising stock of energy companies, prompting analysts to issue clear advice.
The Italian Competition Authority has launched an investigation into Sephora and Benefit, both owned by luxury goods giant LVMH, over allegations of adopting "particularly insidious" marketing strategies to target children with skincare products, with German media also reporting on the probe into potential harm to children.
Italy's competition regulator, AGCM, has opened two investigations against LVMH-owned Sephora and Benefit Cosmetics, probing alleged unfair commercial practices and 'insidious' social media marketing encouraging young girls to purchase skincare products.
LVMH-owned brands Sephora and Benefit Cosmetics are under investigation in Italy regarding their marketing practices.
La propuesta de LVMH navega entre la excepcionalidad joyera de Tiffany & Co. y Bvlgari, la hora poética de L'Epée 1839, Daniel Roth y Gérald Genta, el atrevimiento impecable de Hublot y Louis Vuitton…
Bernard Arnault of LVMH has successfully clinched majority ownership of the prominent luxury group.
Bernard Arnault, head of LVMH, has secured majority ownership of the luxury conglomerate.
LVMH Chairman and CEO Bernard Arnault is expected to visit South Korea next week, marking his first visit in three years. He is anticipated to visit local retail giant Shinsegae Inc.
OpenAI President Greg Brockman testified in a lawsuit, revealing that Elon Musk allegedly threatened him physically and demanded $80 billion for a Mars colonization project, wanting OpenAI to become a commercial entity. Brockman's testimony detailed concerns about Musk's involvement and knowledge of AI.
LVMH is reportedly exploring the sale of several brands, including Marc Jacobs and Fenty, marking one of the largest pullbacks in the luxury conglomerate's history as the market faces a prolonged downturn.
Bernard Arnault, Europe's wealthiest person and head of LVMH, addressed questions about his succession plan during a shareholders' meeting. He indicated that the topic of his children taking over lead
Bernard Arnault, the billionaire head of LVMH, has warned that the ongoing Middle East conflict could escalate into a global catastrophe, stating that his luxury group's recovery depends on a swift resolution.
LVMH CEO Bernard Arnault has warned that the ongoing Middle East conflict could escalate into a "global catastrophe" if not resolved. He highlighted concerns about rising prices for various goods and broader economic instability.
Sephora, the French beauty retail chain, has evolved from a small perfumery in 1969 into a global beauty giant under LVMH, known for its product testing concept and presence in 35 countries.
Pierre Henri de Menthon, editor-in-chief of Challenges magazine since 2021, announced his resignation due to disagreements with LVMH, the title's owner.
LVMH (Louis Vuitton) shares fell on Tuesday after the company announced that the war in the Gulf had hit its sales, overshadowing prospects for an improved outlook.
Luxury conglomerate LVMH announced improvements in its performance within the Chinese and US markets during the first quarter.
Leading luxury fashion houses including Hermes, LVMH, and Gucci are reportedly looking ahead to 2025 for new creative inspiration and strategic direction.
President Donald Trump has fired Pam Bondi as Attorney General, announcing the shakeup in a social media post amid criticism over her handling of specific cases and failure to prosecute his foes.
The Italian Competition Authority has launched an investigation into luxury goods giant LVMH, specifically Sephora and Benefit, for allegedly adopting 'particularly insidious' marketing strategies targeting children with skincare products.
LVMH's beauty brands, Sephora and Benefit Cosmetics, are facing probes in Italy regarding their marketing practices.
Google co-founder Sergey Brin seems to be on a real estate buying spree, picking up a Florida megamansion after recently buying two other homes totaling $92 million.
LVMH Métiers d’Art has announced the appointment of a new Chief Executive Officer.
LVMH Watch Week 2026 returns, featuring 13 new watch launches that range from sleek dress watches to complex chronographs and tourbillons, highlighting design and intricate details.
The Arnault family has reportedly increased its ownership in the luxury conglomerate LVMH to more than 50%, solidifying their control over the company.
Luxury industry leader LVMH is reportedly exploring the sale of several brands, including Marc Jacobs and Fenty Beauty, in what could be one of its most significant pullbacks.
An article explores how Miranda Priestly, the iconic character from 'The Devil Wears Prada,' might invest, highlighting the strong growth of luxury brands like Hermès and LVMH since 2006.
LVMH chairman Bernard Arnault is positioning his children for succession within the luxury goods conglomerate, while also extending his own age limit for the role.
Bernard Arnault, CEO of LVMH and France's wealthiest man, has warned that the ongoing conflict in the Middle East could escalate into a 'global catastrophe' with severe economic consequences if not re
Billionaire LVMH CEO Bernard Arnault issued a stark warning, stating that an unresolved Iran war could lead to a global catastrophe, emphasizing the far-reaching economic and geopolitical consequences.
LVMH CEO Bernard Arnault told shareholders that discussions about his succession would resume in '7-8 years,' noting his 99% renewal last year.
Jean Arnault, the youngest scion of the Arnault family, is demonstrating strong performance at luxury goods conglomerate LVMH, positioning him for a potential ascent to the top leadership.
The International Monetary Fund has lowered its global growth forecast and issued a warning about a potential worldwide recession. This outlook is largely attributed to the escalating conflict in the Middle East and its impact on energy markets.
Bernard Arnault, the founder of luxury conglomerate LVMH, has seen his personal fortune decrease by $50 billion this year. This significant drop impacts his standing among the world's wealthiest individuals.
Le chiffre d’affaires du leader mondial du luxe a progressé de 1% sur les trois premiers mois de 2026. Le conflit en Iran lui a coûté un point de croissance.
The stock prices of luxury brands like LVMH and Hermès are experiencing a downturn, contrasting with the record-breaking performance of energy companies such as Totalenergies, prompting analysts to offer clear advice.
LVMH shares experienced their largest-ever drop in the first quarter, reflecting a significant slump in the luxury market, though UBS sees a potential opportunity.
Italian competition authorities have launched an investigation into LVMH and its subsidiaries Sephora and Benefit Cosmetics, suspecting the companies of marketing skincare products directly to children and young people.
LVMH's beauty retailers Sephora and Benefit Cosmetics are facing investigations in Italy regarding their marketing practices.
L Catterton, a private equity firm backed by LVMH, is aiming to invest ¥50 billion in Japan, focusing on private, family-run businesses facing succession challenges or newer companies seeking expansion.
Alexandra Winokur has been appointed as the Deputy CEO of LVMH Americas, a significant leadership change within the luxury goods conglomerate's American operations.
Bernard Arnault has secured majority ownership of the luxury conglomerate LVMH.
Bernard Arnault and his five children have informed the stock market regulator that they now hold over 50% of the global luxury group LVMH, crossing a new ownership threshold.