Conglomerates
LVMH Sales to Test Luxury Investors’ Nerves After Tariff Pain
A luxury stocks index compiled by Goldman Sachs Group Inc. has shed more than $200 billion from its February peak. LVMH reports 1Q sales Tuesday as hopes are evaporating that US resilience or Chinese stimulus can spark a lasting rebound.
LVMH Sales to Test Luxury Investors’ Nerves After Tariff Pain
A luxury stocks index compiled by Goldman Sachs Group Inc. has shed more than $200 billion from its February peak. LVMH reports 1Q sales Tuesday as hopes are evaporating that US resilience or Chinese stimulus can spark a lasting rebound.
This Week: What’s LVMH’s Take on Tariffs?
The luxury conglomerate’s earnings will provide a window into how the sector’s biggest brands are expecting the rest of 2025 to go.
This Week: What’s LVMH’s Take on Tariffs?
The luxury conglomerate’s earnings will provide a window into how the sector’s biggest brands are expecting the rest of 2025 to go.
Will Prada’s Versace Bet Pay Off?
Prada is adding one of Italy’s most famous brands to its stable at an attractive price. But the group is also piling on complexity in a difficult luxury market.
Will Prada’s Versace Bet Pay Off?
Prada is adding one of Italy’s most famous brands to its stable at an attractive price. But the group is also piling on complexity in a difficult luxury market.
Capri’s Versace Blunders Opened Door to Prada Takeover
The US group sold Versace at a roughly $700 million loss after a strategy rooted in more muted designs and higher prices sent sales growth significantly off course.
Capri’s Versace Blunders Opened Door to Prada Takeover
The US group sold Versace at a roughly $700 million loss after a strategy rooted in more muted designs and higher prices sent sales growth significantly off course.
Capri Aims to Revive Michael Kors With Lower Prices, Amazon E-Commerce Sales
Capri Holdings will bank on mid-tier pricing and a partnership with Amazon following its sale of Versace to Prada, indicating it may relinquish its image as a luxury fashion conglomerate.
Capri Aims to Revive Michael Kors With Lower Prices, Amazon E-Commerce Sales
Capri Holdings will bank on mid-tier pricing and a partnership with Amazon following its sale of Versace to Prada, indicating it may relinquish its image as a luxury fashion conglomerate.
Prada Group to Buy Versace for €1.25 Billion
Prada plans to invest an additional €250 million in relaunching Versace, which has struggled to keep up with bigger heritage brands since selling to Michael Kors parent Capri Holdings in 2018.
Prada Group to Buy Versace for €1.25 Billion
Prada plans to invest an additional €250 million in relaunching Versace, which has struggled to keep up with bigger heritage brands since selling to Michael Kors parent Capri Holdings in 2018.
The Problem with Louis Vuitton’s Texas Factory
Six years after Bernard Arnault and Donald Trump cut the ribbon on a Vuitton plant in rural Texas, a Reuters investigation has uncovered significant underperformance at the handbag plant, underscoring the hurdles LVMH faces as it attempts to build its production footprint in the US.
The Problem with Louis Vuitton’s Texas Factory
Six years after Bernard Arnault and Donald Trump cut the ribbon on a Vuitton plant in rural Texas, a Reuters investigation has uncovered significant underperformance at the handbag plant, underscoring the hurdles LVMH faces as it attempts to build its production footprint in the US.
Global Market Rout Darkens Outlook for European Luxury Labels
One Wall Street analyst now expects global sales of luxury goods to fall by as much as 2 percent this year, marking the industry’s longest downturn in over two decades.
Global Market Rout Darkens Outlook for European Luxury Labels
One Wall Street analyst now expects global sales of luxury goods to fall by as much as 2 percent this year, marking the industry’s longest downturn in over two decades.
The Logic Behind Chanel’s Boat Race Deal
The French luxury giant’s sponsorship of the annual Oxford-Cambridge Boat Race is more about brand storytelling than reach. ‘You are talking about the ultimate level of sport with the purest values,’ said Chanel’s president of watches and jewellery Frédéric Grangié.
The Logic Behind Chanel’s Boat Race Deal
The French luxury giant’s sponsorship of the annual Oxford-Cambridge Boat Race is more about brand storytelling than reach. ‘You are talking about the ultimate level of sport with the purest values,’ said Chanel’s president of watches and jewellery Frédéric Grangié.
Zegna Group Profits Decline 30 Percent
Ermenegildo Zegna Group reported 2024 profits fell 31 percent to €91 million ($98 million), as a slowdown in China and a weaker wholesale performance, particularly at Thom Browne, weighed on results.
Zegna Group Profits Decline 30 Percent
Ermenegildo Zegna Group reported 2024 profits fell 31 percent to €91 million ($98 million), as a slowdown in China and a weaker wholesale performance, particularly at Thom Browne, weighed on results.
Op-Ed | Can Ralph Lauren and Coach Reboot American Luxury?
As European luxury giants’ dramatic price hikes have turned off many consumers, American players are reaping the benefits.
Op-Ed | Can Ralph Lauren and Coach Reboot American Luxury?
As European luxury giants’ dramatic price hikes have turned off many consumers, American players are reaping the benefits.
Jonathan Anderson at Loewe: The Ultimate Designer-Curator
Over a transformational 11-year tenure, Anderson’s crafty, curatorial vision turned the Spanish label into a powerful ‘cultural brand’ without it looking forced, writes Angelo Flaccavento.
Jonathan Anderson at Loewe: The Ultimate Designer-Curator
Over a transformational 11-year tenure, Anderson’s crafty, curatorial vision turned the Spanish label into a powerful ‘cultural brand’ without it looking forced, writes Angelo Flaccavento.