After months of speculation, Louis Vuitton has appointed Nicolas Ghesquière, former creative director of Balenciaga, as its new artistic director of women’s collections, effective immediately.
The Savigny Luxury Index lost ground in October, as consumer appetite for mega-brands continues to cool and management changes shake up the industry.
This season, brands embraced strong scripts, serious acting talent and heavy-hitting directors like never before, resulting in a crop of winning fashion films largely driven by the kind of compelling storytelling long missing from the genre. Sit back, relax and enjoy BoF’s Top 10 Fashion Films of the Season.
PARIS, France — LVMH Moet Hennessy Louis Vuitton SA, the world’s largest luxury-products maker, reported third-quarter revenue that trailed analysts’ estimates amid slowing growth in fashion and leather-goods sales.
PARIS, France — Neverfull - the name of Louis Vuitton's best-selling handbag - sums up well its parent LVMH: even if it snapped up all of the world's last remaining independent luxury brands, it would still have room for more.
PARIS, France — Marc Jacobs’s departure from Louis Vuitton to focus on an initial public offering of his own brand is set to provide a double boost for LVMH Moet Hennessy Louis Vuitton SA, the owner of both luxury fashion labels.
The Savigny Luxury Index has gained good ground in September and is up by 3.7 percent, outperforming the MSCI World Index by over one percentage point, as Asian tourist flows to Western fashion hubs remain strong and the world’s largest luxury conglomerates snap up young designers, reports Pierre Mallevays of Savigny Partners.
Following many months of speculation, Marc Jacobs is exiting his position as the creative director of Louis Vuitton to prepare for the IPO of the Marc Jacobs label, LVMH and Jacobs have confirmed.