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Crude prices fall as US holds off on replenishing reserves: Energy secretary says it will be ‘difficult’ for Biden administration to take advantage of low oil ...
ft.com/content/b40b8d05-d609-4b6e-aa9d-5f90ef9e524d
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Crude prices fall as US holds off on replenishing reserves: Energy secretary says it will be ‘difficult’ for Biden administration to take advantage of low oil ...
ft.com/content/b40b8d05-d609-4b6e-aa9d-5f90ef9e524d
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Meet the 8 Finalists for the 2024 LVMH Prize: The winner will be chosen on Sept. 10.
fashionista.com/2024/04/lvmh-prize-finalists-2024
LVMH’s Sales Fall Short Amid ‘Uncertain’ Environment for Luxury Goods: The company’s reported revenue fell 2% year-over-year.
on.barrons.com/3W344mY
Who will lead the LVMH luxury empire?: Bernard Arnault sizes up his heirs apparent
economist.com/business/2024/04/18/who-will-lead-the-lvmh-luxury-empire
Time for Kering’s king to consider a step back: Kering Chairman and CEO François-Henri Pinault was 42 when his father François, the self-made billionaire who’d ...
reuters.com/breakingviews/time-kerings-king-consider-step-back-2024-04-24/
Quick Glance: Time for Kering’s King to Consider a Step Back
- Francois-Henri Pinault, Chairman and CEO of Kering, should consider bringing in fresh blood and possibly appointing a new CEO.
- In any sector other than luxury, shareholders might have already stepped in to suggest a change at the helm, but at Kering, founding families tightly control the company.
- The board of Kering should apply pressure on the chairman to at least give up the CEO role.
- Pinault should step back into the chairman's job and leave a new Kering chief the independence they will need.
Who will lead the LVMH luxury empire?: Bernard Arnault sizes up his heirs apparent
economist.com/business/2024/04/18/who-will-lead-the-lvmh-luxury-empire
Quick Glance: Bernard Arnault: The World's Richest Man
- Bernard Arnault, CEO of LVMH, has brought all his five children into the business.
- Arnault is the world's richest man with a net worth of $221 billion.
- Two of his sons have joined the LVMH board, making four out of five of his children now on the board.
- Arnault has introduced his children into the business and speculation arises about the future leadership of the company.
Hermes 1st quarter sales jump 17% on strong China demand: Birkin bag maker Hermes reported a 17% surge in first-quarter sales on Thursday ...
reuters.com/business/retail-consumer/hermes-q1-sales-jump-17-growth-across-regions-2024-04-25/
Puig: Billionaire Owners of Jean Paul Gaultier and Rabanne Plan for IPO: The Puig family is taking its eponymous company public as the next generation won't ...
bloomberg.com/news/articles/2024-04-25/puig-billionaire-owners-of-jean-paul-gaultier-and-rabanne-plan-for-ipo
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LVMH sales growth slows as luxury demand softens: Revenue rise of 2% at core fashion and leather goods division marks sharp drop from 18% increase a year earlier
ft.com/content/c0a294a1-04a3-4c1c-a010-d1d81e493604
FTC sues to block $8.5bn deal between the makers of Michael Kors and Coach: Antitrust regulator takes aim at proposed Capri-Tapestry deal to create a US luxury ...
ft.com/content/d20de96f-0a01-4629-9d77-4ff83bb9ea9f
Quick Glance: Dispute Arises Over Fusion Between Tapestry Inc. and Capri Holdings
- Legal actions have been taken by the FTC to block the proposed merger between Tapestry Inc. and Capri Holdings Limited.
- Competition between the involved brands would be at risk with the merger, potentially granting Tapestry a dominant market share in the 'accessible luxury' handbag sector.
- To halt the deal, the FTC is seeking a temporary restraining order and a preliminary injunction, with Tapestry and Capri planning to contest the decision in court.
- Both companies stress that the merger has already been approved by regulators in the European Union and Japan, aiming to finalize the acquisition while battling the FTC lawsuit.
LVMH, L’Oreal Face China Pain: EMEA Earnings Week Ahead: Welcome back to the EMEA Earnings Week Ahead fixture, with luxury giant LVMH SE and Nordic ...
bloomberg.com/news/articles/2024-04-12/lvmh-l-oreal-face-china-pain-emea-earnings-week-ahead
LVMH accounts for bigger share of French exports than agricultural sector: Luxury group’s goods worth €23.5bn heading abroad last year overtakes country’s entire ...
ft.com/content/b8e68d3c-94fc-4587-ad7a-2454f894b8f8
LVMH Sold More Bags and Perfume in 2023 Than France Sold Wine: LVMH exported more luxury goods than France did wine in 2023. LVMH accounted for 4 percent of ...
robbreport.com/style/fashion/lvmh-exports-wine-cheese-1235591050/
LVMH says champagne sales are down because people aren't partying like they used to
qz.com/lvmh-earnings-champagne-1851415890
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Must Read: LVMH Revenue Grows 3% in Q1, The Folklore Unveils New Platform and Membership Expansion
fashionista.com/2024/04/lvmh-earnings-2024-q1
Must Read: Balmain Names New CEO, CFDA Fashion Awards Return to Natural History Museum
ow.ly/P6RF105pFUn
LVMH Prize Finalists 2024: Meet Duran Lantink, Standing Ground & More: This year’s finalists were selected by a panel of jurors including Marc Jacobs ...
wmagazine.com/fashion/lvmh-prize-finalists-2024
LVMH Announces Sports-Themed Exhibitions For The Paris 2024 Olympics: Luxury brands are participating in throwing experiential events featuring rare fashion ...
essence.com/fashion/lvmh-sports-themed-exhibitions-paris-2024-olympics/
EXCLUSIVE: Louis Vuitton Taps Advertising Executive to Lead Image, Communication: Louis Vuitton has recruited Blake Harrop from advertising agency Wieden + ...
wwd.com/fashion-news/designer-luxury/louis-vuitton-image-communication-director-1236308163/
Celine Eyes Polo Ralph Lauren Designer: Sources: According to market sources, Michael Rider of Ralph Lauren is the frontrunner to take over the design reins at ...
wwd.com/fashion-news/designer-luxury/celine-new-next-designer-ralph-hedi-1236333704/
A Basquiat x Warhol Painting and a Virgil Abloh-designed Trunk Are Among the Special Items LVMH Is Showcasing for the Paris 2024 Olympics
wwd.com/fashion-news/fashion-scoops/lvmh-sports-exhibitions-paris-2024-olympics-1236314374/
Is LVMH buying Bernard Arnault's Gantenbein winery?: Rumors abound, even the supposed buyer is already known: Will the Grisons Gantenbein winery actually be sold ...
luzernerzeitung.ch/leben/wein-wird-das-beruehmteste-weingut-der-schweiz-verkauft-ld.2610929
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Kering's Gucci, the King of Comebacks, Has More Trouble Ahead: Kering’s flagship brand burned so bright for so long. Its shift from cutting-edge to classic ...
bloomberg.com/opinion/articles/2024-04-24/kering-s-gucci-the-king-of-comebacks-has-more-trouble-ahead
In a ‘Succession’-style move, even more of LVMH CEO Bernard Arnault’s kids are nabbing pivotal roles, while their Gen Z brother faces big test
fortune.com/2024/04/22/bernard-arnault-lmvh-ceo-billionaire-succession-louis-vuitton-watches-luxury-jean-arnault/
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Louis Vuitton’s Voyager Show Livestream Breaks Xiaohongshu Record: Louis Vuitton's resee streaming on Xiaohongshu of the pre-fall 2024 collection attracted ...
wwd.com/fashion-news/designer-luxury/louis-vuitton-break-xiaohongshu-livestreaming-record-1236332295/
Giving a second life to fashion’s deadstocks: At the Nona Source showroom in northern Paris, designers pick through luxurious textiles with ornate names: curly ...
hurriyetdailynews.com/giving-a-second-life-to-fashions-deadstocks-192670
LVMH, CFDA Partner on Six-Episode Video Series During Earth Week: The LVMH, CFDA video series launches on LVMH and CFDA digital channels on April 23.
wwd.com/fashion-news/fashion-scoops/lvmh-cfda-six-episode-video-series-earth-week-1236322736/
After the sell-off: What's next for the DAX? Also in focus are the shares of Continental and LVMH
boerse-online.de/nachrichten/rohstoffe/nach-abverkauf-wie-geht-es-beim-dax-weiter-ausserdem-im-fokus-die-aktie-von-continental-und-lvmh-20355428.html
DAX under pressure: Middle East situation, Beiersdorf, LVMH, Adidas, Covestro, Rheinmetall and Nordex in focus
deraktionaer.de/artikel/indizes/dax-unter-druck-nahost-lage-beiersdorf-lvmh-adidas-covestro-rheinmetall-und-nordex-im-fokus-20355290.html
Weak Yen (JPY/USD) Helps Rich Chinese Tourists Drive Luxury Demand in Japan: LVMH’s first-quarter results brought reassuring signs that wealthy Chinese shoppers ...
bloomberg.com/news/articles/2024-04-17/rich-chinese-tourists-drive-luxury-demand-in-japan-on-weak-yen
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Hermes can surpass Vuitton as luxury’s biggest brand, analysts say: The Birkin bag maker’s sales are set to hit the ‘symbolic’ €20 billion level by 2027 ...
businesspost.ie/article/hermes-can-surpass-vuitton-as-luxurys-biggest-brand-analysts-say/
Tokyo Exhibition Highlights LVMH Japan’s Diversity Efforts: The exhibition of portraits of creatives and LVMH executives is part of a broader initiative in honor ...
wwd.com/business-news/media/super-lvmh-art-de-vivre-tokyo-exhibition-leslie-kee-1236320267/
DAX & Co: Sartorius, Netflix, Siemens Healthineers, LVMH, Aixtron and Rheinmetall in focus
deraktionaer.de/artikel/indizes/dax-co-sartorius-netflix-siemens-healthineers-lvmh-aixtron-und-rheinmetall-im-fokus-20355514.html
Change of leadership in the luxury segment?: The industry suffers from low sales. Hermés still shows potential to overtake LVMH flagship Louis Vuitton.
diepresse.com/18378466/fuehrungswechsel-im-luxussegment
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The luxury sector is gearing up for a new earnings season: Here’s what to expect
english.elpais.com/economy-and-business/2024-04-17/the-luxury-sector-is-gearing-up-for-a-new-earnings-season-heres-what-to-expect.html
When the correction comes: 3 excellent stocks that investors can pick up cheaply: Three top stocks for the crash: LVMH, Berkshire Hathaway and Rheinmetall as ...
boerse-online.de/nachrichten/zertifikate/wenn-die-korrektur-kommt-3-exzellente-aktien-die-anleger-guenstig-aufsammeln-koennen-20355354.html
LVMH’s Multibillion-Dollar Baby Comes to Brooklyn: French luxury house Dior showed its fall collection at the Brooklyn Museum in an ode to its long ...
on.wsj.com/3TYwfRm
Markets in the morning: DAX slips into the red at the opening; Gold, Tesla, Apple, Deutsche Lufthansa, Commerzbank, Hensoldt, Leonardo, LVMH in focus
deraktionaer.de/artikel/aktien/maerkte-am-morgen-dax-rutscht-zur-eroeffnung-ins-minus-gold-tesla-apple-deutsche-lufthansa-commerzbank-hensoldt-leonardo-lvmh-im-fokus-20355304.html
2023 Top 100: Tightened Distribution, Innovation: LVMH’s Beauty Strategy Outmatches China Slowdowns
wwd.com/beauty-industry-news/beauty-features/lvmh-top-beauty-companies-1236308334/
LVMH’s Michael Burke, Tracee Ellis Ross and Pete Nordstrom Honored at Fashion Scholarship Fund Gala
wwd.com/business-news/markets/lvmh-michael-burke-tracee-ellis-ross-fashion-scholarship-fund-1236305784/
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