Tag : lvmh
LVMH profits and revenues rise again Subscription
Revenue at LVMH’s fashion and leather goods division revenue grew 20% in 2019 to €22.2bn year on year, leading to a 24% increase in profit to €7.3bn.
LVMH buys Tiffany for €14bnSubscription
French luxury giant LVMH has reached an agreement to buy jewellery maker Tiffany & Co for €14.7bn (£12.6bn).
New CEO at Stella McCartneySubscription
Luxury fashion brand Stella McCartney has appointed Moschino’s Gabriele Maggio as CEO as it embarks on its new partnership with minority owner LVMH.
LVMH introduces Karl Lagerfeld prizeSubscription
The LVMH Prize for Young Fashion Designers has announced that its Special Prize will be renamed the Karl Lagerfeld Prize, in honour of the late designer.
LVMH provides aid for Amazon wildfiresSubscription
Luxury group LVMH has donated €10m (£9.1m) to help fight the wildfires that are ravaging the Amazon rainforest.
LVMH snaps up stake in Stella McCartney Subscription
French luxury fashion house LVMH has acquired a minority stake in British designer Stella McCartney’s eponymous brand.
Rihanna and LVMH launch luxury label Subscription
French luxury group LVMH has partnered with singer Rihanna to launch a new luxury fashion label, Fenty, this spring.
French fashion groups support Notre-DameSubscription
Heads of French luxury fashion groups LVMH and Kering have both pledged to help finance the reconstruction of Notre-Dame Cathedral, which was ravaged by fire last night in Paris.
Sales surge at LVMH Subscription
Luxury group LVMH reported a 20% jump in reported sales in its fashion and leather goods division to £5.1bn for the three months to 31 March.
LVMH to shake up board Subscription
Luxury group LVMH will propose Iris Knobloch as a member of the board and Yann Arthus-Bertrand as advisory board member at its next annual general meeting on 18 April.