LVMH revenue down by 17% in 2020
Luxury giant LVMH Moët Hennessy Louis Vuitton posted revenue of €44.7 billion in 2020, down by -17% year-on-year. Organic revenue declined by -16% compared to 2019. Profit…
Category: Business
Le marché chinois du luxe survivra-t-il l’augmentation des prix ?
Le marché chinois du luxe est sous pression puisque dans la foulée de l’augmentation des prix d’Hermès au début du mois de janvier, des marques…
Luxury Industry Events 2021
Informing, selling, buying, benchmarking, networking, enjoying … despite covid-19, there are still various good reasons to experience as organizer, exhibitor, client or visitor the multiple…
Richemont & Farfetch form a joint-venture with Ali Baba
It’s now official. While rumors have swirled for several days, Chinese e-commerce giant Alibaba, Swiss luxury group Richemont and British online sales site Farfetch are…