Paris—LVMH said Thursday its half year profit increased 28% with strong sales reported in both Asia and the … [Read more...]
LVMH
Louis Vuitton Opens First-of-Its-Kind Place Vendôme Store
Paris—Don’t expect to go shopping for the latest Speedy at Louis Vuitton’s new store, which opened Monday at 23 Place … [Read more...]
July 3, 2012 -
Judge Rejects Louis Vuitton’s Claims in Case against “The Hangover”
New York—Louis Vuitton has had some recent successes fighting against trademark infringement, but the LVMH-owned company failed … [Read more...]
June 18, 2012 -
Study: Luxury Sales Moving to Experiential, Away from Luxurygoods
New York—Worldwide luxury sales are expected to rise 7% through 2014 if demand continues in Greater Asia and if the Eurozone … [Read more...]
June 8, 2012 -
Hermès Names Family Member to be Next CEO
Paris—Hermès International believes in keeping it in the family which is why the company’s majority shareholders--members of … [Read more...]
May 29, 2012 -
LVMH Buys Another Top Leathergoods Supplier
Paris—With fashion and leathergoods accounting for about 37% of its total sales of nearly 24 billion euros, LVMH is making sure … [Read more...]
May 7, 2012 -
Christian Dior Couture Celebrates New Designer, Q1 Sales Jump
Paris--Christian Dior Couture reported today that its first quarter revenues jumped 29% to 284 million euros (about $372.9 … [Read more...]
April 19, 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 -
Hermès Issues Special Dividend as 2011 Profit Spikes
Paris—Shareholders of Hermès International S.C.A. got a double dose of good news last week. The Paris luxurygoods house … [Read more...]
March 26, 2012 -
LVMH-backed Private Equity Firm on Buyout Mission?
Paris—Analysts were buzzing today across Europe and Asia on speculation about which brands or retailers L Capital Management, a … [Read more...]
March 5, 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 -
Safilo Adds Celine to List of Designer Licenses
Padua, Italy—Safilo has put another notch on its eyewear temple. Safilo Group, which creates luxury eyewear under license for … [Read more...]
November 15, 2011 -
