LVMH

Founded 1987 as a result of the merge between Moët Hennessy and Louis Vuitton, LVMH is the largest luxury conglomerate in the world. In the nineties and with Bernard Arnault, LVMH led the lucrative marriage between historic luxury homes (mostly family-controlled until then).

The historic French firm specializing in knitwear expects to exceed €10 million in sales by 2025. The funds will enable new international openings, strengthen the team and develop production techniques.

Loro Piana Under Judicial Administration in Italy Over Labor Abuse Accusations

LVMH’s brand, now the fifth Italian firm facing allegations of labor misconduct, joins the ranks with Dior and others from the group. Legal authorities describe the situation as a pervasive issue nationwide.

LVMH Targeted by Cybercriminals in UK Data Breach Affecting Multiple Luxury Companies

The world’s largest luxury conglomerate claims that no banking data has been leaked, but warns users that they may face fraud attempts in the coming days. LVMH Korea announced another attack a week ago.

Thélios Expands Production Capacity with New Metal Eyewear Facility in Longarone

With the launch of its new production center, LVMH’s optical division now spans 430,556.42 square foot and employs over 1,300 personnel, marking a significant expansion for the luxury conglomerate.

The crisis in the luxury sector, which has not affected all major companies equally, has reached the Arnault fortune, which is losing its leading position to the heirs of Hermès, still immune to the general downturn.

What fashion has done so far to avoid tariffs

With the U.S. fashion industry facing a potential $150 billion tariff wave, major retailers like Gap and Ralph Lauren are strategizing to safeguard their bottom lines amid rising costs.

The executive close to Bernard Arnault will take the helm to coordinate the luxury group’s strategy in North and Latin America. In addition, he will be non-executive chairman of Tiffany to drive its growth.

After adding the historic newspaper to its assets last year, the luxury group is extending its media portfolio and strengthening its power in the French press with the acquisition of Bey Médias, owner of L’Opinion and L’Agefi.

The group has appointed Louis Vuitton's current industrial vice president as the new global head of industrial strategy and craftsmanship, in a move to shield its long-term competitive advantage in manufacturing.

Intelligent robots, superchips from Nvidia and LVMH or L’Oréal technology leaders: VivaTech 2025 broke records with 180,000 professionals and 14,000 start ups, consecrating Paris as the capital where luxury converses with AI.

The French luxury house of giant LVMH becomes an official partner of the Spanish white club for institutional events and travel, with a tailoring collection designed by creative director and music producer Pharrell Williams.

The French luxury group LVMH has awarded innovation at the Vivatech trade show in Paris, highlighting technological solutions that reshape the future of fashion and luxury, from agricultural traceability to digital body language.

The recycled fiber supplier has introduced a latest line of fabrics made from citrus waste, replacing the use of virgin wood and debuted in a piece from Loewe's summer collection.

LVMH, Richemont and Kering ended 2020 decreasing by 1.3 points in their average gross margin. They also lost €13,000 million in sales in a year.

While Bernard Arnault’s group maintains its buyer appetite, Kering has divested to focus on fashion and luxury and has relied on star designers to boost the core of most of its brands in its portfolio.

The president and CEO of LVMH has achieved a score of 72.1 on the Brand Guardianship Index list for 2020. Loockheed Martin, president of an aerospace company, triumphs as first fist on the list.