LVMH Seeks to Clear Way for Bernard Arnault to Stay at the Helm Until 85 LVMH, the French multinational luxury goods conglomerate, is gearing up for a crucial vote on April 17th. The company’s shareholders will convene to decide on a proposal that could have a profound impact on the future leadership of the organization. […]
Sephora Overhauls Asia Leadership After China Setback
Sephora Overhauls Asia Leadership After China Setback Sephora, the renowned beauty retailer under the umbrella of luxury conglomerate LVMH, is making strategic changes in its Asian leadership team following a challenging period in its Chinese operations. The company has appointed Guillaume Motte, its chief executive officer, to spearhead the brand’s endeavors in the lucrative Chinese […]
Frédéric Arnault Named CEO of Loro Piana in LVMH Reshuffle
Frédéric Arnault Named CEO of Loro Piana in LVMH Reshuffle In a strategic move within the luxury retail giant LVMH, Frédéric Arnault has been appointed as the new CEO of Loro Piana, the renowned Italian brand known for its exquisite craftsmanship and timeless elegance. This significant reshuffle comes as the current chief of Loro Piana, […]
Op-Ed | Should LVMH Split Up?
Op-Ed | Should LVMH Split Up? The luxury goods industry has always been a fascinating realm, with its blend of opulence, prestige, and financial intricacies. In recent times, the idea of LVMH splitting up has been circulating within the business world, particularly the prospect of spinning off Moët Hennessy. This proposition has sparked debates and […]
LVMH media unit drops lawsuit against Musk’s X
LVMH Media Unit Drops Lawsuit Against Musk’s X: A Strategic Move Toward Expansion In a surprising turn of events, LVMH, the luxury conglomerate, has decided to drop its lawsuit against Elon Musk’s media company, X. This decision marks a significant shift in the ongoing legal battle between the two entities. While the details surrounding the […]
The Problems with Gucci and Dior
The Challenges Ahead for Gucci and Dior After experiencing a remarkable surge in sales over the past five years, luxury powerhouses LVMH’s Dior and Kering’s Gucci are now encountering significant challenges. Despite their contrasting situations, both brands are navigating through turbulent waters in the ever-competitive fashion industry. Gucci, under the umbrella of Kering, has been […]
Why Dior Needs a Change
Why Dior Needs a Change The fashion industry is no stranger to change, with designers often coming and going, leaving their mark on iconic brands. Recently, the news of Kim Jones exiting Dior, followed by speculations of Maria Grazia Chiuri potentially following suit, has stirred up conversations about the future of the renowned fashion house. […]
Kim Jones Exits Dior Homme
Kim Jones Exits Dior Homme In a surprising turn of events, Kim Jones, the visionary artistic director of Dior Homme, is bidding farewell to the LVMH-owned menswear line after an illustrious seven-year tenure. Jones, known for his innovative designs and ability to blend streetwear with high fashion, has undoubtedly left a lasting impact on the […]
Bernard Arnault Sees Optimism in US After Attending Trump Inauguration
Bernard Arnault Sees Optimism in US After Attending Trump Inauguration Bernard Arnault, the chairman and CEO of LVMH, one of the world’s leading luxury goods companies, recently made headlines for his observations on the economic climates of the United States and France. Arnault, who attended the inauguration of former President Donald Trump, noted a stark […]
LVMH and Stella McCartney Brand Part Ways
LVMH and Stella McCartney Brand Part Ways In a recent strategic move, Stella McCartney is set to buy back the minority stake in her eponymous label previously held by luxury conglomerate LVMH. Despite the separation, McCartney will maintain her advisory role within the group, focusing on sustainability initiatives. This decision marks a significant shift in […]