Following Trump's appearance at the opening of a new Louis Vuitton factory in Texas, the house’s women’s artistic director took to Instagram to condemn the US president.
This week everyone will be talking about Gucci's latest sales figures, Nordstrom's big new Manhattan store and the twists and turns of Barneys' bankruptcy. Get your BoF Professional Cheat Sheet.
Grab Your Wallet, a group that asks shoppers to boycott businesses with ties to Donald Trump’s family and administration, is adding Louis Vuitton and other LVMH brands to its list.
This week, Bernard Arnault and Donald Trump inaugurated a new Louis Vuitton factory in Texas. More efficiently meeting local demand, the politics of ‘Made in the USA’ and the threat of future tariffs on European goods were likely key factors in the decision. But the fanfare also underscored on how luxury’s supply chain is coming under greater scrutiny and who’s best positioned to come out ahead.
On Thursday, LVMH Chairman and Chief Executive Bernard Arnault and US President Donald Trump inaugurated a new Louis Vuitton factory in Johnson County, Texas, which comes with a commitment by the French luxury group to create 1,000 American jobs over the next five years. What does it all mean?
The French luxury brand apologised after a an online video clip showed a student questioning the map at a recruitment event in China.
The leather-goods workshop in Keene, a small town in Texas, will create about 1,000 jobs over the next five years, the brand said in a statement.
The fashion industry has staged an extraordinary consumer-facing performance of inclusivity, but its power structure remains anything but inclusive, argues Jason Campbell.
Three years after LVMH acquired the hardside luggage maker, Chief Executive Alexandre Arnault aims to move the brand beyond the baggage carousel and hit €1 billion in sales, all while building a ‘case study’ for a new way of working.
The famous Paris shopping avenue has had a tough time of late, but luxury brands are still willing to commit.
The German brand's stock fell as much as 13 percent as suitmakers struggle to adjust to the trend toward casual office attire.
The mining giant once opposed marketing synthetic stones to consumers but started selling them online last year under a new brand, Lightbox.
The recovery long promised by luxury brands seems nowhere in sight, as the expansion of war in the Middle East, along with China’s tax crackdown on the wealthy, piled further pressure on the world’s biggest luxury conglomerates in the third quarter, and executives buckled in for a tough winter.
The French leather goods powerhouse reported no sales growth in Asia-Pacific excluding Japan, its biggest market, last quarter.
Performance was weighed down by the core Moncler brand, known for its puffer jackets, which posted a 1 percent decline in revenue during the quarter.
The Indian brand will hold a special event at the Florence show.
The Lii designer took home the top award after winning the Karl Lagerfeld prize at the LVMH Prize earlier this year.
Total shipments rose 2.7 percent to $23.6 billion in the first nine months of the year, the Federation of the Swiss Watch Industry said Tuesday.
Revenue rose 7.2 percent, beating analysts' estimates.
Most stores in the Via Montenapoleone luxury shopping district, home to brands including Chanel, Tiffany and Dior, removed merchandise from their windows as a precaution.