LVMH Moët Hennessy - Louis Vuitton
News Bites | Stella Ishii Goes Direct-to-Consumer, Celine's New CEO, Armani Closes Collezioni
In today's News Bites, Stella Ishii's label 6397 launches e-commerce and Séverine Merle becomes the third female CEO in the history of LVMH.
LVMH-Supreme Acquisition Rumours Unfounded
Rumours on Thursday alleged that LVMH had acquired Supreme for $500 million, but the report was shot down by sources close to both companies.
A Happy New Year for Luxury
Between China’s consumer recovery, Trump’s promise of lower taxes and higher oil prices boosting Middle Eastern and Russian economies, 2017 is looking a lot rosier for luxury goods.
Behind the Radical Shifts in Luxury Eyewear
Last week’s LVMH-Marcolin deal follows a string of changes in the competitive luxury eyewear sector as companies reassess their business models to adapt to growing demand.
In US, Retailers Up Fight Against Republican Tax Proposal
More than 100 companies including LVMH, Nike and Target, as well as the National Retail Federation, are launching a new coalition to fight a Republican Party proposal on how imports to the US get taxed.
Can Raf Go Mass?
This week, the fashion world caught its first glimpse of Raf Simons’ vision for Calvin Klein, raising questions about whether the designer can balance his personal aesthetic with the needs of the multi-tiered, multi-billion-dollar brand.
African Menswear Goes Global
From the racks of Tokyo retailers to the showrooms of Pitti Uomo, African menswear brands are enjoying both critical and commercial acclaim.
As LVMH Posts Record Profits, Arnault Looks to 2017 With 'Caution'
LVMH posted record revenue and profits for 2016, but Bernard Arnault warned that uncertainty linked to Brexit and Trump could make the second-half of 2017 ‘more difficult.’
Safilo Plunges as LVMH Said Close to Buying Marcolin Stake
The LVMH agreement could also involve investing in Marcolin’s Italian manufacturing operations, as well as the creation of a new company.
Social Goods | Peta Buys Shares in LVMH, Patagonia's Sustainability Initiatives
This week, Peta bought shares in LVMH so it could pressure the luxury conglomerate not to use exotic animal skins, and Patagonia received an award in Davos for its circular economy strategy.