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LVMH Moët Hennessy - Louis Vuitton

LVMH Moët Hennessy - Louis Vuitton
China

Chinese and Millennials Drive Luxury Rebound, Says Bain

Revenue from personal luxury goods is projected to rise 6 percent to €262 billion as Chinese buyers account for 32 percent of the luxury goods market in 2017.


News & Analysis

The Old Fashion System Is Setting New Designers up for Failure

The market is changing, but the fashion system isn’t changing with it.


Luxury

Phoebe Philo Said to Be Exiting Céline

According to multiple sources, LVMH is interviewing designers to replace Céline creative director Phoebe Philo, though the company denies her departure is imminent.


Financial Markets

LVMH Trumps Third Quarter Forecast

Revenues grew 12 percent to €30.1 billion at the French conglomerate, despite the strengthening euro putting tourists off spending in many European destinations.


Retail

What Shrinking Store Counts Say About the Luxury Industry's Future

For the first time ever, net luxury store growth over the last 12 months was negative with more closures than openings.


Luxury

Alexandre Arnault, LVMH’s Digital Scion

How the 25-year-old third child of the mastermind behind the $130 billion luxury goods empire joined the family business, became co-CEO of Rimowa and emerged as LVMH’s secret digital weapon.


Luxury

LVMH Ramps Up Investment in Eco-Friendly Initiatives

Following in the footsteps of rival group Kering, the luxury conglomerate said it will increase investment in improving its environmental credentials as shoppers are increasingly drawn to ethical brands.


News & Analysis

LVMH's Zenith CEO Embraces Taboos

New Zenith chief executive Julien Tornare is leading the latest attempt to revive the watchmaker as the industry recovers from the biggest slump since the quartz crisis.


Sustainability

Social Goods | Levis' Social Responsibility, Can Chinese Manufacturers Ever Be Green?

This week, Levi's starts initiative to improve life for garment workers, while China renews its focus on building a sustainable garment industry.


News & Analysis

LVMH and Kering Join Forces to Ban Underweight and Underage Models

The two conglomerates said they had signed a charter for "the well-being of models" that also forbids using girls under the age of 16 to pose as adults for shows or shoots.