We inform you that on this website we use our own and third-party cookies to collect information about its use, improve our services and, where appropriate, display advertising by analyzing your browsing habits. You can expressly accept its use by pressing the "ACCEPT" button or configure and select the cookies you want to accept or reject in the settings. You can also get more information about our cookie policy here.

The global fashion business journal

Jun 15, 20243:05am

Loewe sets one-billion-euro goal for 2024

The company’s chief executive officer, Pascale Lepoivre, wants to boost the company’s growth to overcome one-billion-euro barrier in four years.

Dec 12, 2019 — 5:06pm
Related topics

Loewe sets one-billion-euro goal for 2024



Loewe takes advantage of its momentum. The luxury company, owned by LVMH , wants to overcome the one billion euros barrier over the next four years, according to the company’s chief executive officer, Pascale Lepoivre, in an interview with WWD.


The executive stated it should be “not too complicated to achieve, it’s an ambition but it is not an obsession, its more important to focus on a smart growth and respect for the brand’s identity are than excessive focus on a number.”





This week, Loewe has opened its first New York flagship, at 67th Green Street in Soho. Within the United States, the company already has a store in Miami and has concessions in department store groups like Nordstrom, Neiman Marcus and Saks Fifth Avenue. Worldwide the company has about 150 points of sale


In the first half of 2019, LVMH luxury holding, owner also of brands like Louis Vuitton or Dior, amongst others, increased its profit by 8.7%, to 3.2 billion euros. Group sales grew 15.3%, to 38.2 million euros.

Participation rules



Validation policy for comments: 

MDS does not perform prior verification for the publication of comments. However, to prevent anonymous comments from affecting the rights of third parties without the ability to reply, all comments require a valid email address, which won’t be visible or shared.
Enter your name and email address to be able to comment on this news: once you click on the link you will find within your verification email, your comment will be published.

0 comments — Be the first to comment