Ready for Relaunch? Jonathan Anderson’s Dior Challenge Jonathan Anderson, the renowned fashion designer, is poised to make his debut at the iconic French megabrand, Dior. As he steps into this new role, all eyes in the fashion world are on him, eagerly awaiting his fresh perspective and innovative designs. However, Anderson’s appointment comes at a […]
Bernard Arnault Grapples With Biggest Slump in LVMH History
Bernard Arnault Grapples With Biggest Slump in LVMH History The luxury industry, known for its resilience and opulence, is currently facing one of its most challenging times in history. At the forefront of this struggle is Bernard Arnault, the chairman and CEO of LVMH (Moët Hennessy Louis Vuitton), the world’s leading luxury goods company. With […]
Report: Kering to Name Renault Boss Luca de Meo CEO
Report: Kering Set to Appoint Renault Boss Luca de Meo as CEO French luxury conglomerate Kering is gearing up for a significant leadership change in response to a recent downturn in its share value, as reported by Le Figaro. The decision to name Luca de Meo, the current head of Renault, as the new CEO […]
Seeking to Reduce Gucci Dependence, Kering Created a Debt Problem
Seeking to Reduce Gucci Dependence, Kering Created a Debt Problem In the world of luxury fashion, few brands command the same level of prestige and influence as Gucci, a powerhouse under the umbrella of the French conglomerate Kering. However, in recent years, Kering’s heavy reliance on Gucci for the majority of its profits has raised […]
LVMH’s Moët Hennessy to Cut Workforce by 10%, FT Reports
LVMH’s Moët Hennessy to Cut Workforce by 10%, FT Reports The renowned luxury conglomerate LVMH, known for its opulent brands and exquisite products, is making waves once again in the business world. According to the Financial Times, LVMH’s wine and spirits arm, Moët Hennessy, is set to reduce its workforce by approximately 1,200 employees. This […]
LVMH Shareholders Agree Bernard Arnault Can Remain CEO Until He Is 85
LVMH Shareholders Approve Extension of Bernard Arnault’s CEO Term to Age 85 In a move that has significant implications for the luxury conglomerate LVMH, shareholders voted on Thursday to adjust company bylaws, allowing the current Chairman and CEO, Bernard Arnault, to remain at the helm until he reaches the age of 85. This decision, made […]
LVMH Perfumes and Cosmetics Revenue Declines 1%
LVMH Perfumes and Cosmetics Revenue Declines 1% In the ever-competitive world of luxury goods, even the giants can face challenges. Recently, LVMH, the renowned luxury conglomerate, experienced a slight dip in its Perfumes and Cosmetics division revenue. In 2025, the beauty arm of the company saw a 1% decline in revenue, a surprising turn of […]
Jean-Christophe Babin Named CEO of LVMH Watches
Jean-Christophe Babin Takes the Lead as CEO of LVMH Watches In a strategic move that has set the luxury watch industry abuzz, LVMH has recently announced the appointment of Jean-Christophe Babin as the new CEO of LVMH Watches. This decision marks a significant shift in the leadership of the renowned conglomerate’s watch division, with Babin […]
Richard Mille and Ferrari Bucked Luxury’s Slowdown. Now They’re Releasing a $1.5 Million Watch
Richard Mille and Ferrari Bucked Luxury’s Slowdown. Now They’re Releasing a $1.5 Million Watch In the realm of luxury, where exclusivity and extravagance reign supreme, Swiss watchmaker Richard Mille and automotive giant Ferrari have formed a formidable partnership that continues to defy market norms. Despite a slowdown in the luxury watch sector, these two powerhouses […]
Richemont Elevates Jewellery Bosses in Fresh Executive Shakeup
Richemont Elevates Jewellery Bosses in Fresh Executive Shakeup Luxury conglomerate Richemont has recently made waves in the industry with its strategic executive promotions. Catherine Renier, the mastermind behind the success of the iconic Van Cleef & Arpels jewellery brand, has been catapulted to the company’s senior executive committee. Joining her is Louis Ferla, the esteemed […]