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The Latest Breaking News from LVMH

Thomas Pink makes return to Jermyn Street after two years

Famous shirtmaker back at its spiritual home after being shut down by LVMH

Evening Standard

Louis Vuitton Picks Shanghai for First Furniture and Homewares Store

Louis Vuitton on Friday announced plans to open a dedicated furniture and homewares store in Shanghai, a world first for the French luxury brand as it aims to expand further into lifestyle offerings to affluent Chinese clients. The appointment-only showroom, which will open on Monday, is located in a century-old…

Asharq Al-Awsat

Out of Fashion: Gucci Faces Daunting Task to Replace Top Designer

The abrupt departure from Gucci of Alessandro Michele, the flamboyant designer who was a favorite of Harry Styles and Lady Gaga, increases pressure on owner Kering (PRTP.PA) as it faces slowing revenue growth at the Italian fashion house. News of the creative director's exit after seven years comes as Kering…

Asharq Al-Awsat

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Luxury goods boom in Britain as super-rich youngsters buck the recession

Rich kids of Insta use strong dollar to fuel sales of brands such as Burberry, Louis Vuitton and Gucci

The Guardian - UK

‘We like anything with the Harrods name on it’: luxury brands report booming sales

Luxury goods firms report bumper profits as richest customers remain largely untouched by economic crisis

The Guardian - UK

London ‘losing out to Paris and Milan’ over tax-free shopping says Burberry finance boss

A new tax-free scheme ‘would definitely bring tourists back to the UK’

Evening Standard

The 'roaring 20s' are back as Moet Hennessy runs out of champagne

The wine and spirits division within luxury brand LVMH reported a 23% increase in revenue in the first nine months of this year.

Fortune

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Firm behind Moët hails new ‘roaring 20s’ as wealthy drain stocks of champagne

Company behind premium champagne brands says there is ‘pent-up demand for luxury’

The Guardian - UK

Golden moments: put yourself in the cognac sweetspot

Two cognacs and an armagnac show just how good this brandy is – and there is no need to get all macho about it, says David Williams

The Guardian - UK

Inflation, Recession Fears Have Holiday Shoppers Trading Down

Many shoppers are trading down to less expensive clothing and accessories -- swapping Lululemon leggings for Uniqlo and expensive lingerie for Target bras and panties -- as inflation eats into their disposable income and a rocky stock market erodes their wealth.

Bangkok Post

Rihanna to release new music, after having a baby and becoming a billionaire

Rihanna has set the date for her long-awaited musical comeback, which will feature on a major Marvel movie soundtrack.

The New Daily

Hermes Eyes Big Price Rises, Says No Sign of Slowdown

Birkin bag maker Hermes said it would likely hike prices by 5% to 10% in 2023, much more than in the past, after reporting a sharp rise in sales growth over the third quarter and seeing no signs of slowdown in any of its markets. Echoing upbeat comments earlier this…

Asharq Al-Awsat

World's 2nd Richest Person Sells Private Jet, Fed Up With People Tracking It On Twitter: 'No One Can See Where I Go'

Luxury-goods company LVMH Moet Hennessy Louis Vuitton's (OTC:LVMUY) Bernard Arnault sold his private jet to stop Twitter accounts from tracking his travels.

Benzinga

LVMH Sales Jump as Strong Dollar Boosts Europe Demand

French luxury goods giant LVMH (LVMH.PA) beat market forecasts in the third quarter, posting a sharp rise in sales as wealthy shoppers splashed out on fashion and Americans in Europe made the most of the strong dollar. The world's biggest luxury group, home to fashion brands such as Louis Vuitton…

Asharq Al-Awsat

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The Guardian - UK

Beauty Pie founder Marcia Kilgore: ‘We all need that lift, don’t we?’

She created FitFlop, and sold a company to LVMH at just 30. But could the cost of living crisis take the gloss off the cosmetics queen’s buyers’ club model?

Asharq Al-Awsat

Energy-saving in Fashion, Valentino Turns off Lights Early

Italian brand Valentino has decided to switch off the lights in its shops earlier at night to save energy and give a signal of "environmental awareness", following in the footsteps of the French luxury giant LVMH (LVMH.PA). Starting from last night, lights in around 95 Valentino's boutiques around the globe…

The Guardian - UK

Franca Fendi, inheritor of Italian fashion house, dies aged 87

Fendi and her sisters took luxury brand to new creative heights by bringing in Karl Lagerfeld in 1960s

Asharq Al-Awsat

Stella McCartney Dabbles in Art at Eco-pioneering Paris Show

It was as much art fair as fashion show for Stella McCartney, who put on an art-infused spring collection at Paris Fashion Week on Monday vibrating with flashes of color. Iconic Japanese contemporary artist Yoshitomo Nara collaborated on the designs showcased outside the Pompidou Center Modern Art Museum, while sculptor…

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news in one place.

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The Guardian - UK

Stella McCartney’s Paris show aims to set trend for subtle sustainability

Fashion designs featuring regenerative ‘shirt to dirt’ cotton and leather alternatives hit catwalk outside Pompidou Centre

The Independent UK

Stella McCartney dabbles in art at eco-pioneering Paris show

It was as much art fair as fashion show for Stella McCartney who put on an art-infused spring collection at Paris Fashion Week on Monday that vibrated with flashes of color

The Guardian - UK

Lab-grown diamonds: precious stones or cut-price sparklers?

They’re hard to tell from the real thing, and celebrities and modern jewellers love them. What’s not to like?

Asharq Al-Awsat

Under a Cloud of Belt-Tightening, Paris Fashion Week Struts on

Celebrities and international crowds have descended on the French capital, marking the fashion industry's sweeping return as it rides a post-pandemic spending frenzy. The final stretch of Paris Fashion Week runs through Oct. 4 and features big names including Chanel, Dior, Hermes, Louis Vuitton and Saint Laurent, rounding out a…

Input

LVMH will reduce its electricity consumption by 10 percent

Employees better get used to taking the stairs.

The Guardian - UK

Louis Vuitton reduces thermostat and light use in shops to save energy

LVMH announced measures after Emmanuel Macron urged France to reduce power consumption

Asharq Al-Awsat

Gucci’s Sales Growth Eases in Q2 as China Lockdowns Weigh

Gucci's sales growth eases in Q2 as China lockdowns weigh Sales at French luxury group Kering's top brand Gucci rose by just 4% in the second quarter, the group said on Wednesday, as a new round of lockdowns weighed on revenues in the key Chinese market. Overall sales for Kering,…

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