LVMH

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people taking the escalator in front of a Dior store in a mall
Retail

LVMH’s wine, champagne and handbags still can’t win back budget-tight Chinese consumers rationing their luxury purchases

By
July 24, 2024
Bernard Arnault, billionaire and chairman of LVMH Moet Hennessy Louis Vuitton SE, left, and Alexandre Arnault, vice president of Tiffany & Co., at the Viva Technology conference at Porte de Versailles exhibition center in Paris, France, on Friday, June 18, 2021. Viva Tech is dedicated to innovation and startups and runs June 16 - 19. Photographer: Nathan Laine/Bloomberg via Getty Images
Retail

Unachievable sales targets, lower commissions and more competition: How LVMH’s $16 billion bet on Tiffany & Co has fallen short

By Jeannette Neumann and Bloomberg
July 23, 2024
Backed by luxury giant LVMH, L Catterton buys a stake in 9 European shopping villages for £1.5 billion
Retail

Backed by luxury giant LVMH, L Catterton buys a stake in 9 European shopping villages for £1.5 billion

By Jack Sidders and Bloomberg
July 23, 2024
Chief Executive Officer of LVMH, Bernard Arnault.
Retail

LVMH billionaire Bernard Arnault enters race to acquire Venice’s iconic Hotel Bauer—with bids rising over €275 million

By Laura Benitez, Angelina Rascouet, Libby Cherry and Bloomberg
July 1, 2024
Bernard Arnault smiles to his right and is in front of a pink background.
Leadership

LVMH CEO and world’s richest man Bernard Arnault reveals what motivates him to work 12-hour-plus days, even at 75: ‘Every morning I have fun when I arrive’

By
June 26, 2024
Bernard Arnault standing behind a rostrum
Success

LVMH’s Bernard Arnault got a letter from 93-year-old Warren Buffett saying he was making a mistake by upping his retirement age to only 80

By
June 26, 2024
Chez l'Ami Louis in 1987
Lifestyle

LVMH, the world’s biggest luxury company, just added a quirky 3-star Parisian bistro that makes $100 roast chicken to its empire

By
June 24, 2024
Balenciaga goods are going for 40% off in China as luxury brands conduct ‘the equivalent of hosting a public sale on Fifth Avenue’
Finance

Balenciaga goods are going for 40% off in China as luxury brands conduct ‘the equivalent of hosting a public sale on Fifth Avenue’

By Shirley Zhao and Bloomberg
June 14, 2024
People walking outside a Dior store
Retail

LVMH’s Italian Dior maker is being investigated for outsourcing its luxury manufacturing to Chinese-owned firms that allegedly exploit workers

By
June 11, 2024
Golden Goose CEO Silvio Campara is wearing a black shirt and gesturing with both hands as he speaks.
Finance

Gen Z sneaker brand with $740 ‘dirty’ shoes counts Taylor Swift as a fan—and is eyeing a $3.3 billion valuation

By
May 28, 2024
Elon Musk
Personal Finance

The ultra-exclusive $100 billion club has swelled to an unprecedented 15 members

By Diana Li, Jack Witzig and Bloomberg
May 16, 2024
a Dior showroom building
Finance

LVMH’s new path to people’s hearts (and pockets) is through sprawling real estate empires in New York, Paris, and Miami

By
April 29, 2024
people walking on a busy street outside a Sephora store
Lifestyle

Unilever and LVMH have one common bright spot—people love spending on beauty, and it’s outshining their other products

By
April 25, 2024
French fashion brand Hermes store seen at Hong Kong airport.
Retail

Hermes emerges as the outlier with strong China sales, while the rest of luxury bleeds from the lack of shoppers

By Angelina Rascouet and Bloomberg
April 25, 2024
The Gucci luxury clothing boutique, operated by Kering SA, on Avenue Montaigne in central Paris, France
Retail

Gucci owner Kering struggles to revive the luxury fashion house, shares slip after it issued its second profit warning for 2024—and this time, it’s pretty bad

By Angelina Rascouet and Bloomberg
April 24, 2024

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