LVMH Has Room to Raise Prices 2-3%, LVMH Deputy CEO Says In the dynamic world of luxury goods, pricing strategies play a crucial role in maintaining brand exclusivity and driving profitability. Recently, Deputy CEO Stephane Bianchi of LVMH, the renowned luxury conglomerate, made an intriguing statement regarding the company’s pricing power. Bianchi expressed confidence that […]
Can Jewellery Continue to Outshine Fashion?
Can Jewellery Continue to Outshine Fashion? In the realm of luxury goods, trends come and go with the swiftness of the wind. What was once considered a must-have item can quickly fall out of favor as consumer preferences shift and new contenders enter the arena. In recent years, we’ve witnessed a notable shift in the […]
How Raisefashion’s Emerging Designers Build Brands Informed by Heritage
How Raisefashion’s Emerging Designers Build Brands Informed by Heritage Designers from RaiseFashion’s third masterclass cohort are facing a myriad of challenges in today’s ever-changing fashion landscape. From navigating shifting tariffs to dealing with supply chain disruptions and pricing pressures, these emerging talents have their work cut out for them. Despite these obstacles, a group of […]
‘Flying palace’: Trump formally accepts Qatar’s lavish jet gift amid security concernsÂ
Flying Palace: Trump Formally Accepts Qatar’s Lavish Jet Gift Amid Security Concerns The Trump administration has formally accepted a luxurious Boeing 747 jetliner from the government of Qatar, sparking a mix of admiration and security concerns. This extravagant gift, often referred to as a “flying palace,” comes at a time when diplomatic relationships and security […]
LVMH Said to Signal Continued Weakness on China Woes
LVMH Signals Continued Weakness in Q3 Due to Soft Demand in China The French luxury powerhouse, LVMH, is facing challenges in the third quarter as it grapples with subdued demand, especially in the crucial market of China. According to sources familiar with the matter who spoke to Bloomberg, the company is cautioning investors and analysts […]
British Luxury Exports to EU Lag Due to Brexit, Lobby Group Says
British Luxury Exports to EU Lag Due to Brexit, Lobby Group Says The impact of Brexit on the UK’s luxury exports to the European Union has been a point of concern for many in the industry. According to the prestigious British luxury goods lobby group, Walpole, shipments of UK designer goods to the EU have […]
LVMH Shares Have Lost Their Lustre
LVMH Shares Have Lost Their Lustre LVMH, the behemoth in the luxury goods sector, is currently facing a challenging period as its stock market valuation languishes at the bottom of its five-year range. Despite this downturn, investors have not been enticed back to the table, raising questions about the future trajectory of the luxury giant. […]
Richemont Sales Jump on Strong Demand for Cartier
Richemont Sales Soar as Cartier Shines Bright In the realm of luxury goods, where every purchase is a statement of style and sophistication, one brand stands out for its timeless elegance and exquisite craftsmanship – Cartier. The renowned Swiss group, Richemont, has recently reported a remarkable surge in sales, driven primarily by the strong demand […]
Alexandre Arnault’s Moët Hennessy Test
Alexandre Arnault’s Moët Hennessy Test The world of luxury goods is a battleground where only the strongest and most innovative survive. Alexandre Arnault, the former Tiffany executive and son of Bernard Arnault, finds himself at the forefront of this battlefield as he takes on the challenge of reviving LVMH’s prestigious Moët Hennessy drinks business. His […]
‘Security nightmare’: Trump’s Qatar jet dreams draw heat over foreign influence, bribe
“Security Concerns Rise as Trump Considers Qatar Jet Deal Amid Bribery Allegations” A plan to transfer a Boeing 747-8 aircraft, worth about $400 million, from the Qatari royal family to former President Donald Trump has sparked controversy and raised questions about potential foreign influence and bribery. The proposed deal, which involves the luxury jet being […]