Lvmh

Is India next luxury superpower? Hublot CEO bets on strategy, innovation

At BS Manthan, Hublot CEO Julien Tornare delved into what it takes to build a global luxury powerhouse, why authenticity and innovation matter, and whether India can create its own LVMH

Tarnishing Paris Olympics medals put luxury goods firm LVMH in spotlight

Nick Itkin, a US Olympic foil fencer, said his bronze medal started to deteriorate a few days after the Olympics

As bitcoin soars, luxury brands consider accepting crypto payments

Until recently, only a handful of luxury brands including LVMH watch labels Hublot and Tag Heuer as well as Kering-owned fashion brands Gucci and Balenciaga have experimented with crypto payment offer

LVMH sales slump in China rattles investors in luxury shares: Report

Slump in Chinese demand for Louis Vuitton bags, Dior gowns and other high-end fashion has wiped out more than €150 billion in LVMH market capitalization

LVMH sales growth slows as China's slump weighs on luxury spending

Shares in LVMH Moët Hennessy Louis Vuitton SE fell as much as 5.2per cent in early Paris trading, the biggest intraday decline since October

LVMH deepens partnership with Alibaba to enhance tech presence in China

The partnership also illustrates the growing focus of the high end luxury brands on improving online shopping

LVMH's first quarter sales growth slips to 3% amid luxury retail slowdown

LVMH, which is Europe's second-largest listed company and worth nearly 400 billion euros, is the first luxury goods maker to report quarterly earnings

Survival of family firms under threat amid shortage of capable heirs

Even if family companies grow to be behemoths like Succession's Waystar RoyCo, family companies are inherently fragile organisations

Demand for champagne softens after post-Covid boom years, says LVMH

"2023 is a bit more complicated, because this effect of Covid is fading out, and there's a lot of inflation in all countries," Schaus said. "So we see that we are going back to normal

Major global firms warn of slow China sales as post-pandemic surge fades

Caterpillar, global firms have warned of slowing earnings in China as the world's second-largest economy loses its post-pandemic bounce

Hyundai, Rolls-Royce profit increases; LVMH sales fail to impress

Boeing flipped to a $149 million loss in the second quarter despite higher revenue, as the plane maker struggled with higher costs in both its airline and defense business

LVMH to sponsor Paris Summer Olympics 2024 in a first for luxury group

The announcement by Europe's most valuable company ends months of speculation over its participation in the sporting event, which starts in a year's time

Elon Musk again becomes World's richest person as Arnault's LVMH sinks

The Tesla Inc. chief executive officer surpassed luxury tycoon Bernard Arnault on Wednesday after shares of Arnault's LVMH fell 2.6% in Paris trading

Luxury brand LVMH's market value surpasses $500 bn, a first in Europe

Shares of Paris-based LVMH Moet Hennessy Louis Vuitton SE, as the company is formally known, climbed 0.3% to €903.70 at 10:43 a.m. Monday, valuing the company at €454 billion ($500 billion)

LVMH breaks into world's top 10 as market value nears $500 billion

A first-quarter sales beat sparked a 5% increase in the share price Thursday, giving the luxury powerhouse a 29% rally for the year

Daughter is new Dior CEO as Arnault tightens family grip on Louis Vuitton

Delphine Arnault, 47, has worked at Louis Vuitton for the past decade alongside Burke and previously spent a dozen years at Dior

ISRO to launch 36 OneWeb satellites onboard LVM3 later this month

The Indian Space Research Organisation (ISRO) said that it will launch 36 satellites of UK's global communications network OneWeb onboard its heaviest launcher LVM3

LVMH's Moët Hennessy teams up with Campari in wines, spirits e-commerce

LVMH's Moët Hennessy and Italy's Campari have agreed to team up to invest in wines and spirits e-commerce companies and create a European ecommerce player in sector

LVMH's Moet Hennessy picks up 50% stake in rap star Jay-Z's champagne brand

Financial terms of the deal, which was reported earlier by the Wall Street Journal, Financial Times and New York Times, were not disclosed

LVMH, Rihanna to pause Fenty fashion venture, focus on cosmetics

The R&B singer and LVMH launched the Fenty fashion brand in May 2019, only the second time the French group had set a label up from scratch