New York—Another major private equity investment firm is looking to snap up fashion retail brands. Rumors began circulating last … [Read more...]
Bernard Arnault
LVMH 2012 Sales, Profit Post Double-Digit Growth
Paris—Despite being faced with continued economic slumps in many parts of the world—even a slowdown in the Chinese economy, … [Read more...]
February 1, 2013 -
New Louis Vuitton CEO Exits; Bulgari CEO to Replace Him
Paris—Barely a month after he officially took over the helm as chief executive officer at Louis Vuitton, Jordi Constans has left … [Read more...]
December 18, 2012 -
French Stock Market Regulator to Rule on LVMH Insider Trading Charges in Hermès Case
Paris—Although the Autorité des Marchés Financiers (AMF), the French stock market regulator, probably won’t make a decision … [Read more...]
October 5, 2012 -
Legal Disputes Erupt Again between LVMH, Hèrmes
Paris—A legal dispute has erupted again between two of the most venerable names in luxurygoods: LVMH’s 22.3% “friendly” … [Read more...]
September 5, 2012 -
Despite Slowdown, LVMH Reports Robust Sales
Paris—LVMH said Thursday its half year profit increased 28% with strong sales reported in both Asia and the … [Read more...]
July 27, 2012 -
LVMH Q1 Sales Jump 25% as Demand Increases in USA, Asia
Paris—Even with slower growth in its fashion and leathergoods division, LVMH reported today that its first quarter sales jumped … [Read more...]
April 18, 2012 -
LVMH 2011 Profit Beats Forecasts, Optimistic for Future
Paris—Saying it is “well equipped” to continue growth this year, LVMH said Friday that sales in Asia and demand for its … [Read more...]
February 6, 2012 -
LVMH Set to Take 98% Control of Bulgari
Paris—As of Wednesday, September 28, LVMH will complete its 3.7 billion euro (about $5 billion) purchase of Italian jeweler … [Read more...]
September 26, 2011 -
LVMH Half Year Results Beat Forcasts
Paris—LVMH reported Tuesday that its first half sales jumped 13% as demand for its luxurygoods surged especially in Asia. For … [Read more...]
July 27, 2011 -
LVMH: No Intention of Hermes Takeover
Paris—Shares of Hermès International regained momentum this week after dropping nearly 5% June 10 after LVMH emphatically … [Read more...]
June 14, 2011 -
Arnault: LVMH a “Pacifist” Shareholder in Hermes
Paris—Bernard Arnault, chairman of LVMH, struck a conciliatory tone late last week about his company’s stake in Hermès, which … [Read more...]
February 7, 2011 -
