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 […]
This Week: Luxury’s Reality Check
Luxury’s Reality Check: LVMH Fourth-Quarter Results Awaited with Bated Breath Luxury conglomerate LVMH, home to prestigious brands like Louis Vuitton, Dior, and Moët & Chandon, is set to release its fourth-quarter results. The stakes are high as industry insiders eagerly anticipate whether the report will confirm signs of a rebound in the luxury sector or […]
Op-Ed | Why Luxury Needs Trump
Op-Ed | Why Luxury Needs Trump Bernard Arnault’s recent appearance at the US President’s inauguration might have sparked controversy and surprise among the public. Still, for the Chairman of LVMH, the world’s leading luxury goods company, it was a strategic business move. In the realm of high-end fashion and luxury brands, the intersection of politics […]
LVMH Bought a €50 Million Villa in Cannes for Brand Events
The luxury powerhouse LVMH Moët Hennessy Louis Vuitton SE has made headlines with its recent acquisition of a historic villa in Cannes, France, for approximately €50 million ($52.7 million). This strategic move allows LVMH to showcase its prestigious fashion, cosmetics, and beverage brands during high-profile events in the glitzy French Riviera. Sources have revealed the […]
How LVMH’s Hublot Plans to Rise Above The Watch Market’s Downturn
The luxury watch industry has been facing significant challenges, particularly as the demand in key markets like China has faltered. Amid this backdrop, Hublot’s newly appointed CEO, Julien Tornare, is redefining the brand’s approach to meet the evolving demands of consumers. In his first interview since taking the helm, Tornare emphasized the necessity of aligning […]
LVMH’s Bernard Arnault Tells Spy Trial He Didn’t Know About Surveillance
In a high-profile trial in Paris, Bernard Arnault, the chairman and CEO of LVMH, testified regarding surveillance activities ordered by a former intelligence chief, Bernard Squarcini. As the world’s largest luxury goods company faces scrutiny over its actions, Arnault’s statements raised questions about corporate governance and ethical boundaries in the luxury sector. Arnault’s testimony focused […]