LVMH-Backed L Catterton Agrees to Buy Majority Stake in Kiko
The private equity fund has entered into a definitive deal with the Percassi family, which will retain a “significant stake” in the business.
The industry pays tribute to the much-loved designer, whose death was announced on Sunday.
With Tiffany’s LVMH-backed reboot making a splash, Cartier is trying to hit back with its own holiday push. Here’s what the campaign says about the Paris-based jewellery giant’s strategy.
A swift management overhaul, ‘shock and awe’ marketing and new products have contributed to strong momentum since the group acquired the jeweller in January, writes Luca Solca.
LVMH’s decision to pull the plug on the Fenty fashion label it launched with Rihanna only two years ago underscored just how elusive start-up success has been for Europe’s big luxury groups.
The French luxury group plans to overhaul Tiffany & Co’s vast merchandise lineup to focus more on gold and precious gems, revamp the appearance of its stores and boost its presence in Europe and Asia, according to sources.
This week, Lindsay Peoples Wagner returns to New York Magazine’s The Cut, while Tiffany gets an executive shakeup following the completion of its acquisition by LVMH.
As new owner LVMH ushers out members of the old guard, Louis Vuitton’s Anthony Ledru has been named CEO, while Rimowa head Alexandre Arnault will run product and communications.
Alexandre Arnault, chief executive of the LVMH-owned maker of hardshell suitcases, is betting that softening up — and inching toward the hyper-competitive handbag market — will drive growth during this tough time for the travel industry.
The family-controlled French giants are well positioned to further dominate the luxury fashion sector. But neither can afford to ignore the threat of disruption.
Following Trump's appearance at the opening of a new Louis Vuitton factory in Texas, the house’s women’s artistic director took to Instagram to condemn the US president.
Grab Your Wallet, a group that asks shoppers to boycott businesses with ties to Donald Trump’s family and administration, is adding Louis Vuitton and other LVMH brands to its list.
On Thursday, LVMH Chairman and Chief Executive Bernard Arnault and US President Donald Trump inaugurated a new Louis Vuitton factory in Johnson County, Texas, which comes with a commitment by the French luxury group to create 1,000 American jobs over the next five years. What does it all mean?
On Thursday, LVMH Chairman and Chief Executive Bernard Arnault and US President Donald Trump inaugurated a new Louis Vuitton factory in Johnson County, Texas, which comes with a commitment by the French luxury group to create 1,000 American jobs over the next five years. What does it all mean?
Arnault is already precipitating change within LVMH. The former chief executive of Rimowa joined the recently-acquired Tiffany in 2021.
The private equity fund has entered into a definitive deal with the Percassi family, which will retain a “significant stake” in the business.
The company confirmed in January that it planned to restart activities in Venezuela in the first half of 2024 with local partner Grupo Futura.
The move means Shein could be liable for fines of as much as 6 percent of global revenue for violating the law, designed to curtail the spread of illegal content online.
Since the merger announcement, Capri has reported weaker-than-forecast earnings twice, spurring concern about its performance in the coming quarters.
The new scent, Zouzou, is the fashion house’s first new perfume since 2022.
Unilever Plc sales jumped more than expected in the first quarter as Chief Executive Officer Hein Schumacher pushes ahead with his turnaround plan and shoppers come back to premium brands.
President Biden signed the bill that gives China-based ByteDance 270 days to divest TikTok’s US assets or face a ban.
The Alphabet Inc. company said in a blog post Tuesday that it’s still working with the ad industry and regulators on the plan.