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LVMH Moët Hennessy - Louis Vuitton

LVMH Moët Hennessy - Louis Vuitton


Global Markets

Gucci Needs New Ideas, Talents to Combat Brand Fatigue

Gucci holds the luxury spending downturn mainly responsible for its poor performance but the Italian fashion brand may also have itself to blame, suggesting it could be time to change strategy and hire fresh talent.


Financial Markets

Richemont Profit Hit By Asian Slowdown

ZURICH, Switzerland — Cie. Financiere Richemont SA, the world's largest jewelry maker, reported first-half operating profit that missed analysts'


Financial Markets

Hermès Tops Estimates on Strong Demand for Leather Goods

Hermès reported third-quarter sales that beat analysts’ estimates on strong demand for leather goods in Asia and the Americas.


Retail

Nicholas Kirkwood Launches in Beijing in Next Step of Expansion Plan

Today, British footwear label Nicholas Kirkwood opens its first own-brand presence in China, in partnership with Beijing department store Shin Kong Place. BoF sat down with the designer and CEO Christopher Suarez to find out how this new ‘jewel in the crown’ fits into a global retail strategy propelled by investment from LVMH.


Global Markets

Market Pulse | Confidence Returns?

LONDON, United Kingdom — The Savigny Luxury Index ("SLI") turned around in mid October as confidence in the US economy returned and the US Federal


Global Markets

Kering Sales Bolstered by Puma as Gucci Declines

PARIS, France — Kering SA reported third-quarter revenue that met analysts' estimates as growth in the sports and lifestyle unit offset the effects


China

The China Edit | Luxury Slowdown, Alipay's EPass, Versace, Hermès

" The Asian Luxury Market Is Stumbling" (AFP) "Protests in Hong Kong, an economic slowdown and anti-corruption drive in China and a coup in Thailand:


Luxury

Fondation Louis Vuitton Takes Flight

The wing-like carapace of Frank Gehry’s building for the Louis Vuitton Foundation blows fresh air through the luxury goods house.