[ad_1] LVMH became the first European company to hit $500bn in market capitalisation on Monday after its share price rose and the euro strengthened against the dollar, as the luxury…
Tag: LVMH
LVMH Is Shifting Out of Hong Kong as Luxury Shoppers Stay Home
[ad_1] LVMH is shifting resources out of Hong Kong, reflecting waning interest in what used to be Asia’s premium shopping hub as mainland Chinese consumers switch to shopping at home.…
The World’s Richest Person Auditions His Five Children to Run LVMH, the Luxury Empire
[ad_1] Bernard Arnault drilled his offspring in math when young, assigned them company roles and mentors as adults, then made them joint owners of a firm empowered to run the…
LVMH shares edge higher as sales and profits rise
[ad_1] PARIS, July 27 (Reuters) – LVMH’s (LVMH.PA) shares eged higher on Tuesday after the world’s biggest luxury goods group posted higher sales and profits, driven by surging sales of…
The World Is Volatile but Luxury Brands Look Serene
[ad_1] Hermès and LVMH beat high expectations for first-quarter sales. [ad_2] Source link
Inside Frédéric Arnault’s strategy to turn Tag Heuer into a €1 billion brand
[ad_1] This article is part of our Vogue Business Membership package. To enjoy unlimited access to Member-only reporting and insights, our NFT Tracker and TikTok Trend Tracker, weekly Technology and…
LVMH: Luxury giant’s sales soar despite China losses
[ad_1] LVMH – owner of brands including Moët and Louis Vuitton – saw strong sales despite losses in China. [ad_2] Source link
China brings luxurious relief to LVMH
[ad_1] CHINA’S back, baby! That was the exuberant message late on Wednesday from LVMH Moet Hennessy Louis Vuitton SE. It also reflected relief. Shares in luxury groups soared this year…