#LVMH

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Business Insider
16 hours ago
Business

LVMH's Bernard Arnault has gone from the world's richest person to flirting with 5th place after a $54 billion wipeout

Bernard Arnault's wealth has decreased significantly, dropping him to fourth place among the world's richest billionaires due to LVMH's stock slump. [ more ]
Business Insider
1 day ago
Tech industry

This $1,400 luggage is the hottest quiet status symbol for celebrities and wealthy travelers. The more beat up it looks, the better.

Rimowa luggage symbolizes luxury and status, attracting consumers with its design and celebrity endorsements. [ more ]
Business Insider
1 month ago
Business

Bernard Arnault's wealth is slumping as the luxury boom falters

Bernard Arnault's wealth recently declined by around 20% due to decreased luxury goods demand, with LVMH reporting disappointing earnings. [ more ]
Fortune Europe
1 month ago
Business

Unachievable sales targets, lower commissions and more competition: How LVMH's $16 billion bet on Tiffany's has fallen short

LVMH's $16 billion acquisition of Tiffany & Co. faces challenges with unmet sales targets and staff departures under Arnault's ownership. [ more ]
www.nytimes.com
7 months ago
Fashion & style

Finding Fresh Talent for Fancy Watches

LVMH is focusing more on its fine watchmaking business due to the growing interest in fancy timepieces.
The group hosted LVMH Watch Week and unveiled the Louis Vuitton Watch Prize for Independent Creatives. [ more ]
Business Insider
16 hours ago
Business

LVMH's Bernard Arnault has gone from the world's richest person to flirting with 5th place after a $54 billion wipeout

Bernard Arnault's wealth has decreased significantly, dropping him to fourth place among the world's richest billionaires due to LVMH's stock slump. [ more ]
Business Insider
1 day ago
Tech industry

This $1,400 luggage is the hottest quiet status symbol for celebrities and wealthy travelers. The more beat up it looks, the better.

Rimowa luggage symbolizes luxury and status, attracting consumers with its design and celebrity endorsements. [ more ]
Business Insider
1 month ago
Business

Bernard Arnault's wealth is slumping as the luxury boom falters

Bernard Arnault's wealth recently declined by around 20% due to decreased luxury goods demand, with LVMH reporting disappointing earnings. [ more ]
Fortune Europe
1 month ago
Business

Unachievable sales targets, lower commissions and more competition: How LVMH's $16 billion bet on Tiffany's has fallen short

LVMH's $16 billion acquisition of Tiffany & Co. faces challenges with unmet sales targets and staff departures under Arnault's ownership. [ more ]
www.nytimes.com
7 months ago
Fashion & style

Finding Fresh Talent for Fancy Watches

LVMH is focusing more on its fine watchmaking business due to the growing interest in fancy timepieces.
The group hosted LVMH Watch Week and unveiled the Louis Vuitton Watch Prize for Independent Creatives. [ more ]
moreluxury-goods
#lvmh
New York Post
2 weeks ago
Video games

Exclusive | Sephora polishing up plans to open new store near High Line: sources

Sephora is set to open a new flagship store near the High Line, reinforcing its presence in New York City. [ more ]
Fortune Asia
2 weeks ago
Business

Tiffany is shrinking its China flagship store by half as luxury spending collapses

Tiffany & Co. is downsizing its Shanghai flagship store amid declining luxury sales in China.
The move reflects broader economic challenges impacting global luxury brands. [ more ]
www.cnbc.com
1 month ago
European startups

LVMH CEO Bernard Arnault's family office goes shopping for AI startups

Bernard Arnault is strategically investing in AI firms to integrate technology into luxury business operations.
Aglae Ventures has made over $300 million in AI investments in 2024, signaling a strong focus on technological innovation. [ more ]
Elite Traveler
1 month ago
OMG science

Beyonce Reveals Whisky Brand, SirDavis, Inspired by Family Roots

Beyoncé launches SirDavis whisky, paying homage to her great-grandfather and combining American, Japanese, and Scottish influences for a unique flavor profile. [ more ]
Business Insider
1 month ago
Marketing

LVMH made a huge splash in its first big Olympics push. The retail giant should do it again, a luxury expert says.

LVMH's investment in the 2024 Paris Olympics is set to enhance brand visibility and establish luxury connections, offering a major marketing advantage. [ more ]
London Business News | Londonlovesbusiness.com
1 month ago
Wine

The top four most valuable brands in the wine and champagne sector - London Business News | Londonlovesbusiness.com

LVMH dominates the wine and champagne sectors with the top four brands in 2024, reflecting strong brand value despite rising competition.],
tags:[
LVMH
Wine Industry
Brand Value
Sustainability
Market Trends [ more ]
New York Post
2 weeks ago
Video games

Exclusive | Sephora polishing up plans to open new store near High Line: sources

Sephora is set to open a new flagship store near the High Line, reinforcing its presence in New York City. [ more ]
Fortune Asia
2 weeks ago
Business

Tiffany is shrinking its China flagship store by half as luxury spending collapses

Tiffany & Co. is downsizing its Shanghai flagship store amid declining luxury sales in China.
The move reflects broader economic challenges impacting global luxury brands. [ more ]
www.cnbc.com
1 month ago
European startups

LVMH CEO Bernard Arnault's family office goes shopping for AI startups

Bernard Arnault is strategically investing in AI firms to integrate technology into luxury business operations.
Aglae Ventures has made over $300 million in AI investments in 2024, signaling a strong focus on technological innovation. [ more ]
Elite Traveler
1 month ago
OMG science

Beyonce Reveals Whisky Brand, SirDavis, Inspired by Family Roots

Beyoncé launches SirDavis whisky, paying homage to her great-grandfather and combining American, Japanese, and Scottish influences for a unique flavor profile. [ more ]
Business Insider
1 month ago
Marketing

LVMH made a huge splash in its first big Olympics push. The retail giant should do it again, a luxury expert says.

LVMH's investment in the 2024 Paris Olympics is set to enhance brand visibility and establish luxury connections, offering a major marketing advantage. [ more ]
London Business News | Londonlovesbusiness.com
1 month ago
Wine

The top four most valuable brands in the wine and champagne sector - London Business News | Londonlovesbusiness.com

LVMH dominates the wine and champagne sectors with the top four brands in 2024, reflecting strong brand value despite rising competition.],
tags:[
LVMH
Wine Industry
Brand Value
Sustainability
Market Trends [ more ]
morelvmh
Wine Enthusiast
9 months ago
Wine

U.S. Cognac Sales Are Plunging-Here's Why

Rémy Cointreau's U.S. sales have plunged by 43% in the first half of 2023 due to a drop in demand for expensive liquors and a promotional price war with rivals.
2023 is a down year for the spirits industry, with consumers trading down from premium to lower-priced spirits.
The Cognac category, including Rémy Cointreau's rival LVMH, is experiencing a significant decline in sales. [ more ]
www.fastcompany.com
9 months ago
Design

Louis Vuitton, Tiffany, and Dior stores are about to get much more sustainable

LVMH, the French luxury conglomerate, is partnering with the Miami Design District to reduce the impact of its storefronts in an effort to fight climate change.
The comprehensive plan includes using rainwater, shutting off lights after hours, and using green electricity, and it will serve as a blueprint for LVMH's entire fleet of 5,600 stores worldwide. [ more ]
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