LVMH Moët Hennessy - Louis Vuitton
The China Edit | L Capital Asia Invests in Marubi, Nike Sales Down, Asos in China, Luxury Hotlines, China Slump
The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.
LVMH China Watch Sales Decline Offset by Overseas Purchases
PARIS, France — LVMH Moet Hennessy Louis Vuitton SA, the world's largest luxury-goods maker, says its sales of jewelry and watches have dropped in
Dissecting Fashion’s Deal Frenzy
In recent years, the number of fashion companies that have gone public or been acquired by large luxury groups has accelerated dramatically. What’s driving the deal flow?
Hermès Says Sales Growth May Top 10 Percent Goal This Year
PARIS, France — Hermès International SCA, the French maker of Kelly bags, said sales growth this year may top 10 percent after reporting revenue that
Thrift Trumps Abenomics as Japan Shoppers Stick to Bargains
TOKYO, Japan — Japanese apparel firm Fast Retailing Co Ltd has a problem: sales are surging, full-year net profits are expected to rise nearly 28
Loro Piana Brothers Become Billionaires Selling Cashmere to LVMH
CORONA, Italy — Sergio and Pier Luigi Loro Piana, the brothers who head Italian cashmere clothier Loro Piana SpA, have emerged as billionaires after
LVMH Takes 80 Percent Stake in Loro Piana for $2.6 Billion
French luxury conglomerate LVMH has purchased a majority stake in the Italian luxury wool and cashmere company Loro Piana for $2.6 billion.
Douglas Said to Be Final Bidder for Sephora Retail Rival Nocibé
LONDON, United Kingdom — Douglas Holding AG, the German cosmetics retailer owned by Advent International Corp., is the final bidder for French
LVMH Fined $10.4M for Hermès Share Purchases
PARIS, France — France's market regulator is fining luxury conglomerate LVMH Moet Hennessy Louis Vuitton 8 million euros ($10.4 million) for not
Market Pulse | After the Age of Abundance
Sales of luxury goods are slowing and, given the uncertain outlook, investors are taking profits, reports Pierre Mallevays, founder and managing partner of Savigny Partners.