LVMH Fashion Group
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The Luxury Rebound Gets a Reality Check
A set of underwhelming first-quarter revenues from French luxury groups LVMH, Kering and Hermès is challenging hopes for a sector recovery this year.
The Luxury Rebound Gets a Reality Check
A set of underwhelming first-quarter revenues from French luxury groups LVMH, Kering and Hermès is challenging hopes for a sector recovery this year.
Luxury Brands Book Sales Drop as Middle East War Takes Toll on Airport Shopping
The conflict in the Middle East is hurting duty-free and travel-retail sales for luxury and beauty groups like LVMH, Kering, Estée Lauder, and L’Oréal.
Luxury Brands Book Sales Drop as Middle East War Takes Toll on Airport Shopping
The conflict in the Middle East is hurting duty-free and travel-retail sales for luxury and beauty groups like LVMH, Kering, Estée Lauder, and L’Oréal.
LVMH Sales Remain Sluggish Amid Middle East War
First-quarter sales at the group’s critical fashion and leather goods unit came in slightly below analyst expectations, as the war in the Middle East weighed on demand, despite signs of improvement in China.
LVMH Sales Remain Sluggish Amid Middle East War
First-quarter sales at the group’s critical fashion and leather goods unit came in slightly below analyst expectations, as the war in the Middle East weighed on demand, despite signs of improvement in China.
What Comes After the Golden Age of Travel Retail
While passenger numbers have recovered to pre-pandemic levels, sales in duty-free hubs like airports are sluggish. The reality is pushing many brands to rethink their presence: those that want to chase volume have to innovate the offering, or adapt their stores to function more as billboards.
What Comes After the Golden Age of Travel Retail
While passenger numbers have recovered to pre-pandemic levels, sales in duty-free hubs like airports are sluggish. The reality is pushing many brands to rethink their presence: those that want to chase volume have to innovate the offering, or adapt their stores to function more as billboards.
Report: Luxury Sales Dropped 30-50% in March at Mall of the Emirates
The war in Iran is weighing on sales at malls in Dubai and Abu Dhabi, with a 30-50 percent drop in sales and 15 percent drop in footfall at the Mall of the Emirates in March, a source told Reuters. The larger Dubai Mall saw a 50 percent drop in traffic.
Report: Luxury Sales Dropped 30-50% in March at Mall of the Emirates
The war in Iran is weighing on sales at malls in Dubai and Abu Dhabi, with a 30-50 percent drop in sales and 15 percent drop in footfall at the Mall of the Emirates in March, a source told Reuters. The larger Dubai Mall saw a 50 percent drop in traffic.
LVMH Shares Fell Most Ever in First Quarter on Luxury Slump
Shares of the luxury bellwether fell 28 percent in the first quarter as the war in the Middle East clouds the global economic outlook and intensifies demand headwinds for luxury goods.
LVMH Shares Fell Most Ever in First Quarter on Luxury Slump
Shares of the luxury bellwether fell 28 percent in the first quarter as the war in the Middle East clouds the global economic outlook and intensifies demand headwinds for luxury goods.
How Big Luxury Is Rewiring for the Future
Under scrutiny from top managers and investors, LVMH, Kering and Richemont are re-examining their brand portfolios, organisational structures and store networks.
How Big Luxury Is Rewiring for the Future
Under scrutiny from top managers and investors, LVMH, Kering and Richemont are re-examining their brand portfolios, organisational structures and store networks.
A Tall To-Do List for New TAG Heuer CEO; Richemont’s Survival Recipe
New CEO Béatrice Goasglas’s experience in client relations and the US market will be put to the test at LVMH’s biggest watch brand TAG Heuer. Plus, a sit-down with two Richemont veterans Jaeger-LeCoultre CEO Jérôme Lambert and A. Lange & Söhne CEO Wilhelm Schmid.
A Tall To-Do List for New TAG Heuer CEO; Richemont’s Survival Recipe
New CEO Béatrice Goasglas’s experience in client relations and the US market will be put to the test at LVMH’s biggest watch brand TAG Heuer. Plus, a sit-down with two Richemont veterans Jaeger-LeCoultre CEO Jérôme Lambert and A. Lange & Söhne CEO Wilhelm Schmid.
War in the Gulf Tests Resilience of a Rare Bright Patch for Luxury
The escalating US-Israel conflict with Iran is rattling the aura of stability created by Dubai and the wider region, threatening one of the industry’s few bright spots.
War in the Gulf Tests Resilience of a Rare Bright Patch for Luxury
The escalating US-Israel conflict with Iran is rattling the aura of stability created by Dubai and the wider region, threatening one of the industry’s few bright spots.
Inside Fendi’s New Era
Maria Grazia Chiuri’s arrival at the Roman brand will usher in deeper changes than what we could see on the runway, Robert Williams writes.
Inside Fendi’s New Era
Maria Grazia Chiuri’s arrival at the Roman brand will usher in deeper changes than what we could see on the runway, Robert Williams writes.