LVMH

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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
person drinking a bottle of moet & chandon champagne
Retail

People aren’t thirsty for champagne and luxury bags—and that’s jeopardizing LVMH’s sales growth among high-end shoppers

By
April 17, 2024
Luxury brands have a new headache in China: Stingy shoppers are returning their goods, erasing up to 75% of their sales value
Finance

Luxury brands have a new headache in China: Stingy shoppers are returning their goods, erasing up to 75% of their sales value

By
April 17, 2024
LVMH’s Belloni signs off after 23 years as second-in-command, amidst the luxury group’s reshuffle and longstanding succession suspense
Retail

LVMH’s Belloni signs off after 23 years as second-in-command, amidst the luxury group’s reshuffle and longstanding succession suspense

By Angelina Rascouet and Bloomberg
March 22, 2024
people shopping at a luxury store
Retail

Gucci and Saint Laurent owner Kering follows Burberry in issuing a rare profit warning as luxury sales in Asia stall

By
March 20, 2024
Portrait of Artemis Patrick, CEO of Sephora North America
Newsletters

Sephora’s new North American CEO says her childhood fleeing Iran and ending up in foster care influences her leadership at the beauty giant

By Emma Hinchliffe and Joey Abrams
March 19, 2024
Portrait of Artemis Patrick, CEO of Sephora North America
Leadership

Sephora’s North America CEO escaped a violent revolution and grew up in foster care. She’s now one of the most powerful women in beauty

By
March 18, 2024
People browsing through a cosmetics store
Retail

LVMH-owned Sephora is riding the ‘lipstick effect’ wave as it eyes more growth amid continuing economic downturn

By
March 5, 2024
Photo of Steve Jobs (left) and Bernard Arnault (right)
Success

Steve Jobs once asked LVMH boss Bernard Arnault for advice on opening Apple Stores when his peers thought it was ‘completely crazy’

By
March 5, 2024
Stock traders from various companies work in five circular and one semi-circular trading floor at the Frankfurt Stock Exchange.
Finance

Meet Europe’s answer to the ‘Magnificent 7’—the high-flying ‘Granolas’ that Goldman Sachs is betting will prosper in the continent’s flatlining economy

By
March 3, 2024
a picture of antoine arnault talking
Lifestyle

LVMH sets its eyes on Hollywood through a new venture led by Bernard Arnault’s eldest son to produce and place its brands in movies and TV

By
February 23, 2024
LVMH-backed fund is buying a big chunk of Tod’s as leather driving loafer maker struggles to remain relevant in luxury world
Finance

LVMH-backed fund is buying a big chunk of Tod’s as leather driving loafer maker struggles to remain relevant in luxury world

By Flavia Rotondi and Bloomberg
February 12, 2024
people seen walking outside a hermes store
Retail

Hermès looks to raise prices as wealthy shoppers continue splurging on Birkin and Kelly bags, driving sales up 21% last year

By
February 9, 2024
Tesla CEO Elon Musk
Success

Elon Musk loses title as world’s richest person to LVMH patriarch Bernard Arnault, paying the price for January rout in Tesla stock

By
January 29, 2024
people queuing outside a louis vuitton store
Retail

Bernard Arnault’s LVMH is stepping into 2024 with confidence after its highest-end products defy luxury slump

By
January 26, 2024

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