Conglomerates
Kering Sales Beat Expectations as Investors Bet on Comeback
Sales at flagship brand Gucci fell by 14 percent in the third quarter with overall group sales down 5 percent.
Kering Sales Beat Expectations as Investors Bet on Comeback
Sales at flagship brand Gucci fell by 14 percent in the third quarter with overall group sales down 5 percent.
LVMH Returns to Growth in Third Quarter, but Fashion Sales Lag
The group’s largest division contracted for a fifth quarter, but all other parts of the group improved.
LVMH Returns to Growth in Third Quarter, but Fashion Sales Lag
The group’s largest division contracted for a fifth quarter, but all other parts of the group improved.
This Week: LVMH Results and the Victoria’s Secret Fashion Show
The luxury giant’s earnings won’t reflect Dior’s new direction, but can speak to the environment in which those clothes will be sold.
This Week: LVMH Results and the Victoria’s Secret Fashion Show
The luxury giant’s earnings won’t reflect Dior’s new direction, but can speak to the environment in which those clothes will be sold.
Pinault’s Family Office to Cut Debt as Fortune Wanes
The family will also shun large deals as its investment firm, Artemis, has seen debt soar roughly 40 percent to roughly $8.3 million, Bloomberg reported.
Pinault’s Family Office to Cut Debt as Fortune Wanes
The family will also shun large deals as its investment firm, Artemis, has seen debt soar roughly 40 percent to roughly $8.3 million, Bloomberg reported.
LVMH Bets on LA’s Rodeo Drive with New Tiffany, Louis Vuitton Flagships
The French luxury giant is further solidifying its control over the exclusive Beverly Hills retail zone with plans for a new Tiffany flagship and a large Louis Vuitton store and cultural campus.
LVMH Bets on LA’s Rodeo Drive with New Tiffany, Louis Vuitton Flagships
The French luxury giant is further solidifying its control over the exclusive Beverly Hills retail zone with plans for a new Tiffany flagship and a large Louis Vuitton store and cultural campus.
A Letter to Kering’s New CEO
Incoming chief executive Luca De Meo needs to urgently tackle two problems, debt levels and management structure, writes Luca Solca.
A Letter to Kering’s New CEO
Incoming chief executive Luca De Meo needs to urgently tackle two problems, debt levels and management structure, writes Luca Solca.
Hermès Sales Rise 9%, Outpacing Rivals
The French leather goods giant said it would fully pass on the effects of tariffs to its clients in the US, where it raised prices by an additional 5 percent this year.
Hermès Sales Rise 9%, Outpacing Rivals
The French leather goods giant said it would fully pass on the effects of tariffs to its clients in the US, where it raised prices by an additional 5 percent this year.
LVMH Slide Signals No Quick End to Big Luxury’s Malaise
A steep sales decline at the sector bellwether’s core fashion and leather goods division, which houses Louis Vuitton and Dior, point to a long road ahead.
LVMH Slide Signals No Quick End to Big Luxury’s Malaise
A steep sales decline at the sector bellwether’s core fashion and leather goods division, which houses Louis Vuitton and Dior, point to a long road ahead.
LVMH Struggles to Bounce Back Amid Deepening Luxury Downturn
Sales in the group's critical fashion and leather goods division — which includes flagship brand Louis Vuitton — fell 9 percent in the latest quarter. The group is fending off challenges across key units.
LVMH Struggles to Bounce Back Amid Deepening Luxury Downturn
Sales in the group's critical fashion and leather goods division — which includes flagship brand Louis Vuitton — fell 9 percent in the latest quarter. The group is fending off challenges across key units.
‘Transform or Die’: Can a Turnaround Expert Turn Kering Around?
Luca De Meo’s appointment as the French group’s chief executive is an admission of the seriousness of the crisis the company is facing, as well as a signal of its intent to do something about it, writes Imran Amed.
‘Transform or Die’: Can a Turnaround Expert Turn Kering Around?
Luca De Meo’s appointment as the French group’s chief executive is an admission of the seriousness of the crisis the company is facing, as well as a signal of its intent to do something about it, writes Imran Amed.
Bernard Arnault Grapples With the Biggest Slump in LVMH’s History
The luxury goods maker is reeling from a sharp downturn in the €364 billion industry — and questions about succession are growing louder.
Bernard Arnault Grapples With the Biggest Slump in LVMH’s History
The luxury goods maker is reeling from a sharp downturn in the €364 billion industry — and questions about succession are growing louder.
Why Kering Picked a Fashion Outsider to Be Its Next CEO
The Gucci and Saint Laurent owner is splitting its chairman and CEO roles, bringing in Luca de Meo, a turnaround expert who has revived multiple automotive brands, to support the Pinault family.
Why Kering Picked a Fashion Outsider to Be Its Next CEO
The Gucci and Saint Laurent owner is splitting its chairman and CEO roles, bringing in Luca de Meo, a turnaround expert who has revived multiple automotive brands, to support the Pinault family.