France
Kering with good performance
The group's revenue in the first quarter of 2019 reached 3.79 billion euros, up by 21.9% as reported (up by 17.5% on a comparable basis). Kering owns a portfolio of brands, which include names such as Gucci and Yves Saint Laurent
LVMH: France’s most attractive employer
Each year Universum conducts an annual survey with more than 35 000 students at French engineering and business schools to rank the companies where they would most like to work. In 2019 LVMH ranked number 1
Good start of the year for LVMH
LVMH recorded revenue of 12.5 billion euros for the first quarter 2019, an increase of 16%. Organic growth was 11% compared to the same period of 2018. All geographic regions are experiencing good growth
Kering has completed the sale of Volcom
Confirmation of the deal comes 8 years after the Paris-based luxury group has acquired Volcom to its protfolio of brands
Record results for LVMH
LVMH Moët Hennessy Louis Vuitton recorded revenue of 46.8 billion euros in 2018, an increase of 10% over the previous year. Organic revenue growth was 11%. All business groups recorded excellent performances
Vivarte: restructuring is over
The words are from Patrick Puy, Vivarte CEO. The French-based group announced the final results for financial 2018, marked by a reduction of the net loss and the group's financial debt
Longchamp welcomes new people
As dozens of workers retire every year the premium French leather goods label is looking to welcome new people for their workshops. No specific skills are required, besides motivation
Footwear exports interrupt falling trend in Brazil
According to Abicalçados, the Brazilian Shoe Manufacturers Association, in November 10.54 million pairs were sent abroad for 84.78 million US dollars, up by 6.6% in volume and 1.6% in value. However this wasn't enough to recover from the accumulated drop in the year
11% organic revenue growth for LVMH
LVMH Moët Hennessy Louis Vuitton recorded a 10% increase in revenue, reaching 33.1 billion euros in the first nine months of 2018. Organic revenue grew by 11% compared to the same period in 2017
Longchamp inaugurates sixth workshop in France
French leather goods manufacturer Longchamp has inaugurated its sixth workshop in France, while embracing the challenge of finding new employees to recruit and train for its production
Jordan partners with Paris Saint-Germain
In the last few years, the Jordan Brand has been a growing presence in Paris. A Jordan-only store (Jordan Bastille) opened in 2016 and in the following year the brand announced a partnership with the French Basketball Federation
Hermès with strong sales growth
The French-based luxury group announced consolidated revenue for the first half of 2018 amounting to 2.853 billion, up by 11% at constant exchange rates and by 5% at current exchange rates. Sales growth was solid and particularly sound in the group's stores (+11% at constant exchange rates)
Masayuki Ino wins the LVMH prize
The Japanese designer, creator of the streetwear brand Doublet, has been awarded the fifth annual prize for young designers by LVMH
Richemont sells Lancel to Piquadro
Switzerland-based luxury goods holding company Compagnie Financiere Richemont SA confirmed it has sold its French leather-goods subsidiary Lancel to Italian-based company Piquadro SpA
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