Bulgari Just Opened the World’s Largest Luxury Jewelry Manufacture
Business, it would appear, is booming for Bulgari. The company just enlarged its jewelry manufacture by 204,514 square feet to 355,209 square feet. It is the largest single-branded…
Tag: lvmh
LVMH partners with Moncler
LVMH and Moncler chairman and CEO Remo Ruffini announced a partnership that will reinforce Ruffini’s position as the largest shareholder of Moncler, according to a press release LVMH…
Bernard Arnault acquires stake in luxury rival Richemont
French billionaire Bernard Arnault, Europe’s richest man and the chairman of high fashion to champagne group LVMH, opens new tab, has bought a stake in smaller luxury…
Les ventes de LVMH ralentissent aux États-Unis alors que la Chine rebondit
Les ventes de LVMH aux États-Unis ont diminué au deuxième trimestre, la morosité de l’économie ayant dissuadé certains acheteurs d’acheter vêtements et sacs à main…
Understanding the dynamics of Hip-Hop with the luxury industry
Supreme and Louis Vuitton took everyone by surprise last Paris fashion week, a surprising partnership when you consider that their last meeting dates back to…
Luxury powerhouses launch blockchain institute
LVMH, Prada and Richemont are launching a consortium aiming to offer a new standard in digital certification, open to the entire luxury industry. They thus…
Will Birkenstock turn luxury after its acquisition by LVMH ?
The French family behind Louis Vuitton and Christian Dior is to take control of the German sandal maker Birkenstock in a deal thought to be worth €4bn.…
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…
Destin commun: Design District Miami + LVMH
Petite histoire d’un des quartiers les plus en vogue de Miami. Tout commença au début du siècle dernier à Miami, quand T.V Moore, propriétaire d’une…
蒂芙尼（Tiffany）报告第三季度收益增加，中国地区销售额增长70％
Tiffany＆Co.说，第三季度，全球净销售额恢复到了十亿美元的水平，与去年同期相比下降了1％。按固定汇率计算，前三个月的全球净销售额比上年下降2％。
LVMH & Tiffany reach a buyout agreement
The luxury group confirms the rumors that circulated since yesterday about the resumption of negotiations with the American jewelry house. It went for 131,50 dollars…
LVMH sales drop by 27 %
In an economic and social context weakened by the Covid-19 epidemic, the luxury giant unveils its results for the second quarter of 2020. “Encouraging signs”…
Marc Jacobs to lay off 10 % of workforce
Marc Jacobs (LVMH) is expected to dismiss up to 60 employees across its corporate headquarters, including senior designer Olymp Le-Tan. The Covid-19 crisis has fast-tracked existing…