[ad_1] PARIS—LVMH Moët Hennessy Louis Vuitton has agreed to buy Los Angeles-based eyewear maker Barton Perreira, part of the luxury conglomerate’s push to extend its reach to goods with mass-market…
Tag: LVMH
LVMH is suffering a vibe shift in the luxury business
[ad_1] Some art collectors in Hong Kong got a disappointing phone call from the auction house Phillips last week. They had consigned paintings for sale, anticipating a crowd of wealthy…
A Gilded Age is Fading for Luxury Brands
[ad_1] The latest results from Louis Vuitton owner LVMH show that luxury shoppers are sobering up after years of heavy spending. [ad_2] Source link
Europe stocks slip after best day in 11 months with eyes on U.S. inflation; LVMH down 8%
[ad_1] 18 Mins Ago LVMH growth slows as bumper period ends; shares fall 8% See Chart… LVMH sharep price. Shares of luxury giant LVMH were down nearly 8% at the…
France Probes LVMH CEO Arnault Over Deal With Russian Businessman
[ad_1] Prosecutors say a preliminary investigation into money laundering has been under way since 2022 into the LVMH chief. [ad_2] Source link
Novo Nordisk topples LVMH as Europe’s most valuable company
[ad_1] The Danish drugmaker has ended French luxury group LVMH’s two-and-a-half-year reign as the most valuable company in Europe. Novo Nordisk’s stock price kept climbing in European trading on Tuesday…
Weight loss drugmaker Novo Nordisk vies to become Europe’s most valuable company, toppling LVMH
[ad_1] Danish drugmaker Novo Nordisk on Friday briefly overtook French luxury goods giant LVMH to become Europe’s most valuable company. Novo Nordisk produces blockbuster weight loss drugs Ozempic and Wegovy,…
Coach and Michael Kors Tie-Up Shows Limits of Accessible Luxury
[ad_1] Affordable luxury has been a slow-growth category, and its prospects don’t look great either. [ad_2] Source link
Fashion’s LVMH Prize winner doesn’t believe in catwalk shows
[ad_1] Satoshi Kuwata, the Japanese founder of Milan-based label Setchu and winner of the 2023 LVMH Prize for young fashion designers, tells Vincenzo La Torre about his distinctive East-West aesthetic.…
Versace’s parent company sold in multi-billion euro deal
[ad_1] The takeover by the American multinational luxury fashion holding company Tapestry could rival European conglomerates like LVMH and Kering. Versace’s parent company has announced it’s being bought by the…