Conglomerates
Op-Ed | Louis Vuitton Needs Noughties Nostalgia and Taylor Swift
LVMH reported better-than-expected sales growth in the fourth quarter, but its performance lagged behind rivals like Richemont and Burberry. A Taylor Swift tie-up and nostalgic collaborations with Japanese artist Takashi Murakami may give the group a boost, writes Andrea Felsted.
Op-Ed | Louis Vuitton Needs Noughties Nostalgia and Taylor Swift
LVMH reported better-than-expected sales growth in the fourth quarter, but its performance lagged behind rivals like Richemont and Burberry. A Taylor Swift tie-up and nostalgic collaborations with Japanese artist Takashi Murakami may give the group a boost, writes Andrea Felsted.
LVMH Growth Boosts Luxury Outlook
The sector bellwether beat expectations with a 1 percent rise in fourth-quarter sales, as demand for fashion and leather goods picked up, adding to hopes the luxury market has turned a corner.
LVMH Growth Boosts Luxury Outlook
The sector bellwether beat expectations with a 1 percent rise in fourth-quarter sales, as demand for fashion and leather goods picked up, adding to hopes the luxury market has turned a corner.
LVMH and Stella McCartney Brand Part Ways
The designer is buying back LVMH’s minority stake in her namesake label but will continue to advise the group on sustainability issues.
LVMH and Stella McCartney Brand Part Ways
The designer is buying back LVMH’s minority stake in her namesake label but will continue to advise the group on sustainability issues.
Op-Ed | Why Luxury Needs Trump
Bernard Arnault’s appearance at the US President’s inauguration raised some eyebrows, but it was good business sense for the LVMH chairman, argues Andrea Felsted.
Op-Ed | Why Luxury Needs Trump
Bernard Arnault’s appearance at the US President’s inauguration raised some eyebrows, but it was good business sense for the LVMH chairman, argues Andrea Felsted.
Op-Ed | Not All of Luxury Can Glitter Like Cartier
Cartier owner Richemont has two attributes that make its recent sales performance particularly sparkling, writes Andrea Felsted.
Op-Ed | Not All of Luxury Can Glitter Like Cartier
Cartier owner Richemont has two attributes that make its recent sales performance particularly sparkling, writes Andrea Felsted.
Richemont’s Sales Soar 10%
Higher sales in the US and Europe coupled with smaller declines in China offered a tentative sign that demand for luxury goods may be recovering.
Richemont’s Sales Soar 10%
Higher sales in the US and Europe coupled with smaller declines in China offered a tentative sign that demand for luxury goods may be recovering.
Inside Luxury’s Broken Audit System
LVMH-owned Dior missed glaring problems during an assessment of working and safety conditions in its production arm in Italy last year, according to a review of unpublished court documents.
Inside Luxury’s Broken Audit System
LVMH-owned Dior missed glaring problems during an assessment of working and safety conditions in its production arm in Italy last year, according to a review of unpublished court documents.
The Best of BoF 2024: Designer Reboots and a Rocky Market
The luxury industry was under pressure in 2024 as customers pulled back on high-end purchases. Brands from Chanel to Valentino to Fendi changed their creative lineups, hoping to jump-start demand. But the struggles at Gucci and Burberry show how tricky executing a designer relaunch can be.
The Best of BoF 2024: Designer Reboots and a Rocky Market
The luxury industry was under pressure in 2024 as customers pulled back on high-end purchases. Brands from Chanel to Valentino to Fendi changed their creative lineups, hoping to jump-start demand. But the struggles at Gucci and Burberry show how tricky executing a designer relaunch can be.
LVMH’s Antoine Arnault Reveals Plans for Paris Football Club
The family behind luxury's biggest conglomerate aims to turn Paris FC into a formidable rival to Paris Saint-Germain, investing significantly in the second-tier football club alongside Red Bull.
LVMH’s Antoine Arnault Reveals Plans for Paris Football Club
The family behind luxury's biggest conglomerate aims to turn Paris FC into a formidable rival to Paris Saint-Germain, investing significantly in the second-tier football club alongside Red Bull.
Kering Names New CEOs at Saint Laurent and Balenciaga
The company is shaking up its executive ranks again amid sliding sales. Balenciaga chief Cédric Charbit will lead Saint Laurent, to be replaced by Gianfranco Gianangeli.
Kering Names New CEOs at Saint Laurent and Balenciaga
The company is shaking up its executive ranks again amid sliding sales. Balenciaga chief Cédric Charbit will lead Saint Laurent, to be replaced by Gianfranco Gianangeli.
LVMH Moves Alexandre Arnault to Headquarters, Fuelling Succession Talk
Arnault is exiting his role at Tiffany in the conglomerate’s latest executive shakeup. He’ll become deputy CEO of the group’s wine and spirits unit, Moët Hennessy, under Jean-Jacques Guiony.
LVMH Moves Alexandre Arnault to Headquarters, Fuelling Succession Talk
Arnault is exiting his role at Tiffany in the conglomerate’s latest executive shakeup. He’ll become deputy CEO of the group’s wine and spirits unit, Moët Hennessy, under Jean-Jacques Guiony.
Every Fashion Label Wants a Beauty Brand. Is There Room for All of Them?
Amid a luxury fashion slowdown, brands are launching full beauty lines at a record pace as they jostle to find their position in a crowded market.
Every Fashion Label Wants a Beauty Brand. Is There Room for All of Them?
Amid a luxury fashion slowdown, brands are launching full beauty lines at a record pace as they jostle to find their position in a crowded market.