French luxury conglomerate LVMH Moët Hennessy Louis Vuitton said on 12th April that the total sales in first quarter 2022 surged 29% to 18 billion euros ($19.54 billion), despite overall revenue growt…
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Fashion designer Virgil Abloh passes away
LVMH, Louis Vuitton and Off White announced the passing of Virgil Abloh, on 28th November, of cancer, which he had been battling privately for several years.…
Loro Piana appoints new CEO
French luxury goods group LVMH announced the appointment of Damien Bertrand as CEO of Italian textile and clothing company Loro Piana, effective 15th November, 2021. …
LVMH announces financial results for the third quarter
LVMH Moët Hennessy Louis Vuitton, the luxury products group, recorded revenue of US$51 billion in the first nine months of 2021, up 46 percent compared to 2020, with Asia accounting for 36 percent of …
LVMH Group acquires Officine Universelle Buly 1803
LVMH announced the acquisition of Officine Universelle Buly 1803 on 5th October. After having been supported and assisted for nearly four years by LVMH Luxury Ventures, a minority investment fund, Bul…
Maison Kenzo appoints new Artistic Director
Sidney Toledano, Chairman and CEO of the LVMH Fashion Group and a member of the LVMH Executive Committee, announced the appointment of Nigo as Artistic Director of Maison Kenzo, effective 20th Septemb…
LVMH announces financial results
LVMH Moët Hennessy Louis Vuitton recorded revenue of US$33.8 billion in the first half of 2021, up 56 percent compared to the same period in 2020.…
LVMH to acquire majority stake in Off-White
Virgil Abloh and LVMH announced a definitive agreement whereby LVMH will acquire a majority stake in Off-White LLC, the trademark owner of Off-White™️.…
LVMH increases stake in Tod’s
LVMH increases up to 10% the shareholding held in Tod’s.…
LVMH announces financial results
LVMH Moët Hennessy Louis Vuitton recorded revenue of US$16.7 billion for the first quarter of 2021, up 32% compared to the same period in 2020 and up 30% on an organic basis.…