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LVMH
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Founded 1987 as a result of the merge between Moët Hennessy and Louis Vuitton, LVMH is the largest luxury conglomerate in the world. In the nineties and with Bernard Arnault, LVMH led the lucrative marriage between historic luxury homes (mostly family-controlled until then).
Aug 26, 2021 — 12:00am
LVMH, Richemont and Kering ended 2020 decreasing by 1.3 points in their average gross margin. They also lost €13,000 million in sales in a year.
Feb 13, 2020 — 9:00am
While Bernard Arnault’s group maintains its buyer appetite, Kering has divested to focus on fashion and luxury and has relied on star designers to boost the core of most of its brands in its portfolio.
Jan 30, 2020 — 9:00am
The French luxury fashion house continues its diversification and enhancement of brand experiences with the opening of its first cafeteria and restaurant in mid-February.
Jan 9, 2020 — 9:00am
The luxury company, owned by LVMH, has opened three points of sale in the city since October. Dior wants to expand its Maison concept as well as its beauty division.
Jan 8, 2020 — 4:02pm
LVMH groups confirms its claims to commit to sustainability by hiring an expert in the area: Hélène Valade.
Jan 7, 2020 — 9:00am
The LVMH owned brand will seek new opportunities in Northern America announced the retail director of Americas, Dustin Martin.
Jan 6, 2020 — 4:00pm
The French luxury company has planned to close its store in Times Square mall in Causeway Bay shopping district amidst protests in the region.
Dec 27, 2019 — 9:00am
The luxury holding owned by Bernard Arnault acquired Tiffany for 16.2 billion dollars. This deal was the largest operation in its history.
Dec 12, 2019 — 5:06pm
The company’s chief executive officer, Pascale Lepoivre, wants to boost the company’s growth to overcome one-billion-euro barrier in four years.
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