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 french luxury group has a production centre in the Longarone region, which is in operation since April 2018. The new factory is located in Italy and will be set in motion in the fourth quarter of 2020

The French luxury giant earned 18% more, to 6.35 billion euros. The division of fashion and leather articles was the one that grew most, with an income of 18.45 billion euros.

The French luxury conglomerate is negotiating with the singer the launch of a firm with her name. It would be the first brand that LVMH releases from scratch since Christian Lacroix, in 1987.

LVMH: Delphine Arnault joins executive committee

The 43 year-old executive is the second woman who joins the committee, together with Chantal Gaemperle, LVMH’s HR manager. Currently, Arnault supervises the product management at Louis Vuitton.

From LVMH to Tod’s: winners and losers of the next luxury era

According to the report Expecting the unexpected written by HSBC bank, the downturn the luxury sector will undergo in 2019 will have a smaller impact on the sector conglomerates.

LVMH designates Fendi president for America

Joanna Dubin, who substitutes Gaetano Scuito in the position, will be the new person in charge of the luxury company, property of the French conglomerate LVMH, in the American continent.

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Fendi’s New Direction: Ramon Ros Trims Executive Team in Cost-Cutting Move

LVMH’s brand faces the challenge of reversing declines in key markets, spurring the Spanish CEO to implement austerity tactics with layoffs, store closures, and relocation of the headquarters to France.

Loewe Debuts Its Second Largest Global Store in Japan with Casa Ginza Concept

LVMH-owned luxury brand unveils its largest boutique in Japan, marking its second-largest global presence, sprawling across more than 9,000 square feet and four exquisite floors.

Dior Appoints New President to Bolster Its American Presence

LVMH’s fashion house continues its executive shake-up, promoting from within as Charlotte Holman Ros steps up from the fragrance and beauty division to succeed Alexandra Winokur in the Americas.

The luxury group, owner of brands such as Louis Vuitton, Marc Jacobs, Céline and Christian Dior, posted a turnover of 33.13 billion euros between January and September. Fashion was the division that grew most strongly, with an increase of 20%, to 13.05 billion.

The executive joins the French luxury group after being chief executive officer at natural cosmetics company Yves Rocher. In parallel, LVMH has named Fréderic Arnault as strategy and digital director of Tag Heuer.

The company, owned by the French luxury conglomerate, could soon incorporate Jenny Galimberti, global director of communications and events at Louis Vuitton, as its CEO.

The French brand, founded in 1912, ceased its commercial activity with fashion a while ago, with its name being used since then only in the perfume industry. Since 2011, Jean Patou was owned by Designer Parfums, a company managed by Indian family Metha.

The French luxury group, owner of brands such as Louis Vuitton, Loewe and Kenzo has decided to sell its stake in the business back to the brand founders. The eco fashion label was founded by Ali Hewson.

The Japanese group has named Isabelle Gex, whose career spans over 25 years in the world of beauty and perfume, as its new president of global fragances. She will assume the role on June 11.

Since Pietro Beccari took over the reins of the brand in June, he’s named a new creative director for Dior Homme and Jens Riewenherm as digital director.

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