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.…
LVMH announces financial results
LVMH Moët Hennessy Louis Vuitton, the luxury products group, recorded revenue of US$54.3 billion in 2020, down 17% year-on-year.…
MAKE UP FOR EVER launches on JD.com
MAKE UP FOR EVER launched a flagship store on JD.com on 10th December 2020, bringing its 2021 limited makeup editions and a makeup set exclusively to JD’s over 441 million consumers along with JD supe…
LVMH completes acquisition of Tiffany & Co. with new leadership appointments
LVMH Moët Hennessy Louis Vuitton SE announced that it has completed the acquisition of Tiffany & Co.…
LVMH to close Tiffany & Co. acquisition
LVMH Moët Hennessy Louis Vuitton SE announced that stockholders of Tiffany & Co. have voted to approve the modified merger agreement announced on 29th October, 2020, relating to the acquisition o…
LVMH said to be offloading Pink Shirtmaker
Luxury retailer Pink Shirtmaker is reportedly up for sale, with parent company LVMH looking to offload the corporate menswear brand, as the demand for office wear during the Covid-19 pandemic declines…
LVMH modifies terms for the acquisition of Tiffany & Co.
Tiffany & Co. to be acquired for $131.50 per share in cash.…
Benjamin Vuchot, new Chairman and CEO of DFS
LVMH has announced the appointment of Benjamin Vuchot as Chairman and Chief Executive Officer of its travel retail business DFS.…
LVMH calls off bid to buy Tiffany & Co.
The jeweler is now suing LVMH for a breach of its obligations.…
Hublot, Zenith, and Loro Piana open flagships in Tokyo’s Ginza district
As LVMH businesses regain momentum, Hublot, Zenith, and Loro Piana opened new flagships in Tokyo’s Ginza district in the space of a few weeks.…