LVMH Moët Hennessy - Louis Vuitton
Berluti Names Haider Ackermann Creative Director
The Colombian-born designer will present his first collection for the Paris-based brand in January.
224-Year-Old Goyard Seduces Luxury Giants
Goyard is among the last of its kind not swallowed up by a larger peer, however Kering chief executive officer Francois-Henri Pinault would not be averse to adding it to his company’s stable of brands, a person familiar with the matter said.
Bottoms Up on Hermès, LVMH and Kering Performance
Investors breathed a sign of relief as better-than-expected first half results took some of the sting out of the sector’s most severe correction in seven years.
Report: Berluti to Hire Haider Ackermann
Berluti is currently in talks to hire Haider Ackermann to replace Alessandro Sartori who returned to Ermenegildo Zegna in February, two sources close to the matter told Reuters.
LVMH Profit Meets Estimates Despite French Tourist Slump
LVMH Moet Hennessy Louis Vuitton SE reported first-half profit in line with analyst estimates as lower tourism flows to France offset stronger demand for its wines and spirits.
LVMH Sells Donna Karan to G-III Apparel for $650 Million
Following rumours last week, LVMH has agreed to sell Donna Karan International Inc. to G-III Apparel Group Ltd. for an enterprise value of $650 million.
What's Driving the Goldrush for Korean Beauty Brands?
South Korea’s booming beauty industry has received its second major investment in a week.
Report: LVMH to Sell Off DKNY
Citing anonymous sources, the New York Post is reporting that French luxury giant LVMH is looking to sell off its Donna Karan business.
Update: Louis Vuitton Denies Report of Nicolas Ghesquière's Impending Exit
LVMH is considering a change of creative director at Louis Vuitton, with Jonathan Anderson seen as the front-runner to replace Nicolas Ghesquière, according to Reuters. Louis Vuitton has categorically denied the rumour and clarified that Ghesquière's contract expires in November 2018.
In Wake of Terror Attacks, What Lies Ahead for France’s Luxury Industry?
France has been rocked by three tragic terrorism-related events in the past 18 months, raising questions about the long-term impact on France’s $18 billion fashion and luxury sector.