Follow us on Facebook and join our Telegram channel for the latest updates. When LVMH CEO Bernard Arnault toured China in June last year, he visited a five-story site in Beijing where the company’s ...

In getting here, Mecca has managed to subvert one of global business’ most enduring phenomena: despite having the financial weight of luxury goods giant LVMH, which has owned Sephora since 1997 ...

Are you a print subscriber? Activate your account. 37 min 58 sec ago By Tim Nudd - 1 hour 18 min ago By Brandon Doerrer - 2 hours 10 min ago By Ad Age Staff - 2 hours 51 min ago By Asa Hiken - 2 ...

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That’s despite a sector-wide slowdown has slammed luxury labels industrywide, including Louis Vuitton parent LVMH, headed by billionaire Bernard Arnault, and Gucci parent Kering. Tight inventory ...

Well before market open, TD Cowen's Oliver Chen reiterated his buy recommendation and price target of 700 euros ($755) per share of LVMH's Europe-listed stock. According to reports, Chen is ...

Impact Link If the luxury slump is an epidemic, Hermès is managing to stay immune. A week after LVMH announced dismal third-quarter earnings and a day after Kering reported a 15% year-on-year ...

LVMH announces the launch of "LVMH Shares”, an international employee shareholding plan aimed at 70% of its global workforce. It will be deployed in 11 locations and regions in Europe, North America ...

Since the report was published, specific attention has been drawn to declining luxury spending among Chinese consumers. “LVMH, whose majority owner is the billionaire Bernard Arnault, and its rivals ...

LVMH faces short-term volatility and challenges, but the long-term investment thesis remains strong, driven by brand preservation and strategic management. Despite a weak Q3, particularly in the ...