LVMH
Stories tagged LVMH.
Loro Piana Opens Two-Floor Boutique on Vienna’s Kohlmarkt
Loro Piana has moved its Vienna boutique to Kohlmarkt 6, opening a two-floor store that combines the Italian brand’s heritage with a warm, residential feel.
Zenith Proposes High-End Pivot With Up to 200 Job Cuts and Retail Exit by 2029
LVMH-owned Zenith Watches has opened a staff consultation on a strategic repositioning toward higher-priced watches, a plan that could remove up to half its Swiss workforce and roughly 100 international roles. The brand also intends to discontinue many collections and wind down its retail operations by 2029.
LVMH logs weaker-than-expected Q3 as fashion and leather sales fall 5%
The world's largest luxury group posted 1% organic sales growth for the third quarter, missing analyst expectations, as demand weakened for its biggest fashion and leather brands.
LVMH Hotel Management names Vincent Billiard COO of Cheval Blanc
LVMH Hotel Management has appointed Vincent Billiard as chief operating officer of Cheval Blanc and a member of its Executive Committee, handing him oversight of the group's Maisons and several central functions.
L Catterton Amasses a $40 Billion Bet on Travel and Experiences
L Catterton, the consumer-focused investment firm tied to LVMH, has quietly built a broad travel portfolio spanning private aviation, river cruising, online travel, spas and live events. The firm manages about $40 billion and ranks among the world's largest investors dedicated to consumer businesses.
Louis Vuitton China sales slide after Molly Tea trademark win sparks backlash
Louis Vuitton's China sales fell sharply in July and August after a trademark victory over local tea brand Molly Tea triggered a patriotic social media backlash. Declines reached roughly 30% in July before narrowing to an estimated 20-25% in August.
LVMH, Burberry Downgraded to Hold as Luxury Stocks Brace for a Tough 2026 Second Half
LVMH and Burberry Group shares extended declines on Wednesday after a broker cut both to hold, citing a soft luxury backdrop and limited upside for the UK brand. A Goldman Sachs basket of luxury stocks is down 13% year-to-date.
LVMH Offloads Zayed International Airport Duty-Free Operations to Falic Group
LVMH has agreed to sell its DFS duty-free business at Abu Dhabi’s Zayed International Airport to Miami-based Falic Group, parent of Duty Free Americas. The deal, expected to close in Q3, expands Falic’s Middle East presence.
Tiffany vs. Alffany: The Unlikely Trademark Clash in China
Tiffany & Co. and Chinese brand Alffany are locked in a trademark fight stretching back years, with the latest case reaching the Beijing High People's Court on July 9.
Sephora denies own-store launch in Israel, will sell via local retailer
Sephora, the LVMH-owned beauty retailer, said Wednesday it has no plans to open its own stores in Israel, pushing back on media reports of an imminent first-store debut. Instead, the company will distribute its products through an Israeli retailer.
Louis Vuitton plans ‘most extraordinary’ luxury complex on Champs-Élysées by 2027
Louis Vuitton is preparing a major Champs-Élysées project in Paris, with CEO Pietro Beccari targeting a 2027 opening for what he calls the most extraordinary luxury complex ever built.
LVMH Sells Patou to Mehta Family's Nirvana Investments
LVMH has sold its stake in fashion house Patou to existing shareholders, the Mehta family, through their investment vehicle Nirvana Investments. The move comes months after creative director Guillaume Henry's departure.
Louis Vuitton Sues Bubble Tea Chain in China Over Trademark
Louis Vuitton has taken legal action against a bubble-tea chain in Suzhou, China, to settle a trademark case, highlighting the challenges luxury brands face in protecting their IP in the Chinese market.
LVMH's Journées Particulières to Showcase 46 Brands Across 11 Countries
LVMH will hold its next Journées Particulières event this fall across 11 countries, featuring 46 brands with a focus on artisanship.
LVMH’s New Super Yacht Is Courting Tech Billionaires
LVMH and Accor have launched a super yacht under the Orient Express brand, targeting tech billionaires with a luxury experience along the French and Italian Riviera.
Fairly Made, Synthesia and Bluefish Win LVMH Innovation Awards
Source signal: Fairly Made, Synthesia and Bluefish Win LVMH Innovation Awards
La Samaritaine and Le Bon Marché Unite Beauty Intelligence
LVMH-owned department stores La Samaritaine and Le Bon Marché have merged their beauty market intelligence operations while maintaining distinct brand identities, leveraging complementary customer bases in a flourishing sector.