Luxury bellwether LVMH drops 8% on sales miss, dragging peers down
Sales were "overall below the most conservative buyside expectations," Citi analysts said, with wines and spirits suffering the sharpest decline.
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19 days ago
European markets open higher amid hopes of Trump tariff respite; LVMH down 8%
European markets opened higher on Tuesday amid tentative optimism that there will be some respite from Trump's tariffs regime.
23 days ago
Prada buys rival Versace from beleaguered US owner for 1.25 billion euros amid tariffs chaos in biggest luxury deal of the year
The acquisition will create a luxury group with revenues of over six billion euros that could better compete with industry giants such as the French conglomerates LVMH and Kering.
Prada buys rival Versace for 1.25 billion euros from beleaguered US owner amid tariffs chaos in biggest luxury deal of the year
The acquisition will create a luxury group with revenues of over six billion euros that could better compete with industry giants such as the French conglomerates LVMH and Kering.
56 days ago
‘World’s hottest brand’: how Miu Miu defied sales plunge in fashion industry
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a story from The Guardian › International
As luxury firms struggle worldwide, the ‘knowingly cool’ label is posting record-breaking sales figures
While profits fall across the luxury fashion industry, one kooky Italian label is posting record…
66 days ago
Milan fashion week: it’s a family affair as Fendi celebrates centenary
found
a story from The Guardian › International
Italian fashion label marks 100-year milestone with great-great-grandsons of founders Edoardo and Adele
The hot ticket of Milan fashion week was a family birthday party first, a catwalk collection sec…
85 days ago
Calvin Klein’s first female creative director finds succour in a fictional New York
found
a story from The Guardian › International
Veronica Leoni’s first collection mixed hat-tips to the CK archive with the Italian’s own ‘dreams of America’
Calvin Klein’s first female creative director, Veronica Leoni, presented her debut collect…
3 months ago
International companies rush to align with Trump’s agenda and blunt tariffs
LVMH’s Arnault contrasts US ‘wind of optimism’ with ‘cold shower’ of France
4 months ago
Who will lead the LVMH luxury empire?
Bernard Arnault sizes up his heirs apparent
LVMH is splurging on the Olympics
Will it pay off?
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