Giorgio Armani’s Will Instructs Heirs to Sell the Brand or Consider IPO Giorgio Armani, the legendary fashion designer who revolutionized the industry with his sophisticated and timeless creations, has left a lasting legacy not only in the world of fashion but also in the business realm. In a surprising turn of events, details from Armani’s […]
LVMH and Kering Upgrades Fuel Rally for Luxury Stocks
LVMH and Kering Upgrades Fuel Rally for Luxury Stocks Luxury stocks are on the rise as global economic conditions show signs of improvement. Recently, HSBC made a significant move by upgrading the stocks of two industry giants, LVMH and Kering SA. This decision comes in anticipation of a resurgence in Chinese consumer spending and a […]
Fenty Beauty Launches in India With Sephora and Tira Beauty
Fenty Beauty Makes a Statement in India Through Exclusive Partnership with Reliance Retail Fenty Beauty, the renowned cosmetics label owned by LVMH, is set to make its grand entrance into the Indian market through a strategic collaboration with Reliance Retail. This exclusive partnership will not only introduce Fenty Beauty’s diverse range of makeup and skincare […]
The Most Desirable Fashion Companies to Work For in 2025
The Most Desirable Fashion Companies to Work For in 2025 As the fashion industry continues to evolve, attracting and retaining top talent has become more crucial than ever. In a recent survey conducted by BoF Careers, over 1,000 fashion professionals from around the world were asked to name the companies they would most like to […]
Report: LVMH in Talks to Offload Marc Jacobs
Report: LVMH in Talks to Offload Marc Jacobs In a recent development reported by the Wall Street Journal, luxury conglomerate LVMH is currently in discussions to offload the iconic fashion brand Marc Jacobs. The group has been engaged in talks with several potential buyers, with names such as Authentic Brands, Bluestar Alliance, and WHP Global […]
LVMH Slide Signals No Quick End to Big Luxury’s Malaise
LVMH Slide Signals No Quick End to Big Luxury’s Malaise The luxury industry has hit a rough patch, with LVMH, the sector bellwether, recently announcing a steep sales decline in its core fashion and leather goods division. This division is home to iconic brands like Louis Vuitton and Dior, making it a key indicator of […]
LVMH Fashion and Leather Goods Sales Fall 9 Percent
LVMH Fashion and Leather Goods Sales Fall 9 Percent The luxury fashion industry is facing challenging times as LVMH, the world’s largest luxury group, reported a 9 percent decline in sales for its Fashion and Leather Goods division. This news comes as part of a broader trend, with the group’s overall sales falling by 4 […]
This Week: What’s Ailing Louis Vuitton?
Troubleshooting Louis Vuitton: Analyzing the Decline of LVMH’s Flagship Brand Louis Vuitton, the iconic luxury brand under the umbrella of LVMH, has long been a symbol of status, sophistication, and style. However, recent reports indicate that all may not be well within the world of LV. As LVMH gears up to announce another quarter of […]
Are Luxury Megabrands Broken?
Are Luxury Megabrands Broken? Luxury megabrands like LVMH, Kering, and Chanel have long been the epitome of sophistication, exclusivity, and success in the fashion world. However, recent simultaneous crises within these giants have raised concerns about the sustainability of the luxury megabrand model. From shifting consumer preferences to global economic challenges, these industry leaders are […]
LVMH’s Loro Piana Put Under Court Administration in Italy Over Labour Exploitation
LVMH’s Loro Piana Put Under Court Administration in Italy Over Labour Exploitation Luxury fashion conglomerate LVMH’s renowned cashmere brand, Loro Piana, has recently found itself in hot water as it faces allegations of labor exploitation within its supply chain. The Italian cashmere firm has been placed under judicial administration for a year in response to […]