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The Latest Breaking News from LVMH

LVMH Italian Fashion House Loro Piana Put Under Court Administration

Italian fashion house Loro Piana, owned by French giant LVMH, has been placed under court administration for allegedly facilitating the exploitation of workers by subcontractors, police and a company source said Monday.

International Business Times

Louis Vuitton says UK customer data stolen in cyber-attack

Lead brand of French luxury group LVMH reassures customers financial data such as bank details were not taken

The Guardian - UK

Michael Rider evolves a winning formula in debut for Celine in Paris

The American designer balances a homage to the past with a nod to his own fashion story

The Guardian - UK

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Dior Paris show is sweet relief for anyone wanting to flex a cooler muscle

Jonathan Anderson makes his sharp-eyed debut as creative director for the fashion house

The Guardian - UK

Profile: Jonathan Anderson takes historic helm of French fashion house Dior

After stepping down from the role as creative director of luxury fashion house Loewe, Northern Ireland-born Jonathan Anderson has been appointed as creative director of both the women's and men's collections at Dior – becoming the first person to take on the dual role since Christian Dior himself.

Euronews

Rosé-tinted spectacle – Formula 1 welcomes Whispering Angel as partner

Formula 1 has welcomed another LVMH brand into the fold as Whispering Angel has been announced as the championship’s official rosé partner.

Autosport

Jonathan Anderson: the esoteric designer taking on the mantle at Dior

Appointment of Northern Irishman behind Loewe hype machine sets storied fashion house on experimental path

The Guardian - UK

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Dior picks Northern Irish designer to head up men's and women's collections

French fashion house Dior named Northern Irish designer Jonathan Anderson on Monday as the first-ever creative director for both its women's and men's collections.

Radio France Internationale

Dior's revival rests on its historic appointment of Jonathan Anderson as creative director

"At 40, Jonathan Anderson has exceptional qualities combining creativity and savoir-faire," Dior chair Delphine Arnault told Fortune.

Fortune

Dior appoints Jonathan Anderson as sole creative director

Northern Irish designer, 40, becomes first to hold complete creative control of fashion house since Christian Dior

The Guardian - UK

Over a barrel: lack of sugar throws Cuba’s rum industry into crisis

This year’s tiny harvest casts doubt on the spirit’s recent resurgence, once a bright spot in the island’s economy

The Guardian - UK

Italian Designer Maria Grazia Chiuri Out At Dior

Dior announced Thursday that Italian designer Maria Grazia Chiuri was stepping down as artistic director of the French fashion house's women's collection after almost a decade on the job.

International Business Times

Liberty Media and LVMH executives among F1 partners panels at Autosport Business Exchange: Monaco

Formula 1 and the Motorsport Network came together to host the sport’s latest partners at the Autosport Business Exchange: Monaco ahead of the race weekend in Monte Carlo.

Autosport

Why LVMH’s $1 billion Formula One bet is more than the average luxury partnership

As well as a timekeeper, Tag Heuer became the first title sponsor for the Monaco Grand Prix this year.

Fortune

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Autosport

“Shakespeare on wheels” – F1’s biggest ever partner on why the series captures the imagination

For the first time in its illustrious history, the Formula 1 Monaco Grand Prix has a title sponsor, with TAG Heuer claiming the distinct honour.

Fortune

Chanel might hold off dividend payment for 2024 as profits tumble by 30%

The French tweed suit maker saw revenues and operating profits fall 4.3% and 30%, respectively, in 2024.

Fortune

Europe's wealthiest billionaire Bernard Arnault hopes to use his ‘modest means’ to convince the EU to negotiate better with the U.S.

LVMH CEO Bernard Arnault said EU-U.S. talks on tariffs need to be pursued “with the aim to succeed.”

The Guardian - AU

Balenciaga names Pierpaolo Piccioli creative director as fashion houses’ creative upheaval continues

Piccioli’s appointment comes after the departure of controversial former creative director Demna in March

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Evening Standard

So what’s really going on at Stella McCartney?

A £25m loss, the closure of the Bond Street flagship — all is not well at the designer’s trailblazing label. But can she turn things around?

The Guardian - UK

Burberry may cut 1,700 jobs globally to reduce costs as profits fall

Struggling fashion brand to remove night shift at raincoat factory in Yorkshire, affecting about 170 posts

Fortune

LVMH's U.S. CEO is glad 'annoying' quiet luxury term has died

Anish Melwani, US CEO for LVMH, which owns Dior, Fendi, and Tiffany, is glad "quiet luxury" is over.

Evening Standard

Stella McCartney 'set to give up her flagship Bond Street store as losses mount'

Latest accounts filed by the company show annual losses of £25 million

Fortune

CFO of Europe’s most valuable company hopes trade war is a ‘wake-up call’ for the continent

SAP’s finance chief, Dominik Asam, hopes tariffs are a “wake-up call” that can kick-start Europe into building more tech giants.

Fortune

Europe’s richest man Bernard Arnault slammed the EU for failing U.S. negotiations—but von der Leyen says countries are 'lining up to work with us'

"It will be Brussels' fault" if LVMH produces more of its high-end goods in the U.S., Arnault warned.

The Guardian - UK

Show goes on for Ralph Lauren as fashion reels from Trump tariffs

With the sector bracing itself for a global trade war, investors may find comfort in a trusted pair of hands

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