Browsing: LVMH
The world’s super-rich club now has 15 members with fortunes over $100 billion, the most on record, as they ride…
LVMH’s new path to people’s hearts (and pockets) is through sprawling real estate empires in New York, Paris and Miami
While it’s known for shiny bags, perfumes and apparel, the Bernard Arnault-owned company also wants skin in the game when…
Hermes emerges as the outlier with strong China sales, while the rest of luxury bleeds from the lack of shoppers
Hermes saw Chinese buyers snap up its luxury products as the Kelly bag maker showed its resilience amid a broader…
LVMH-owned Sephora is riding the ‘lipstick effect’ wave as it eyes more growth amid continuing economic downturn
When budgets get tight, there’s nothing a tube of lipstick can’t solve. Or at least, that’s what economists seem to…
Digital and physical came together over NFT Paris showcasing new and resoundingly concrete model use cases for blockchain technology across…
LVMH sets its eyes on Hollywood through a new venture led by Bernard Arnault’s eldest son to produce and place its brands in movies and TV
French conglomerate LVMH is already the biggest player in the luxury industry, with 75 brands under its belt. But that’s…
Hermès looks to raise prices as wealthy shoppers continue splurging on Birkin and Kelly bags, driving sales up 21% last year
It’s been tricky to get a read on how luxury spenders have been thinking lately—sales slowed for the likes of…
Elon Musk loses title as world’s richest person to LVMH patriarch Bernard Arnault, paying the price for January rout in Tesla stock
Elon Musk has lost bragging rights as the world’s wealthiest tycoon to Bernard Arnault, the French patriarch behind luxury goods…
French ‘Succession’ intrigue deepens as source says Bernard Arnault plans to nominate 2 more millennial sons to LVMH board
Bernard Arnault plans to appoint two of his sons to the board of LVMH Moet Hennessy Louis Vuitton SE, as…