France
LVMH most attractive employer among students
The luxury house has consolidated its position as the preferred employer among students at French business schools in the latest Universum ranking
Louis Vuitton expands French manufacturing
The French-based luxury house is expanding its leather goods and handbag production with two new workshops in western France
Hermès with strong growth in sales
The French-based luxury group announced a 9% increase in sales (at constant exchange rates) in 2017, with well-balanced contributions across the business lines and all geographical areas
Strong year at LVMH
A leading player in the luxury segment, LVMH Moët Hennessy Louis Vuitton recorded revenue of 42.6 billion euros in 2017, an increase of 13% over the previous year. Organic revenue growth totaled 12%
Kering to offer Puma shares to investors
The Paris-based luxury group will offer its shareholders the option of receiving shares in sports brand Puma in place of cash dividends
Carrefour to acquire 17% of Showroomprive
The French multinational retailer and the online sales player announced the signing of a strategic agreement. Carrefour will acquire 17% of the share capital of Showroomprive from Conforama, a subsidiary of the Steinhoff Group
Vivarte sells Merkal Calzados
The sale of the Spanish footwear brand to British private equity firm OpCapita is part of the ongoing restructuring program of the French retailer
adidas appoints new managers for Europe
The Germany-based sportswear group has appointed new General Managers for its operations in important Europe markets. France, Italy and Iberia will have new business heads
Hermès to expand production in France
The France-based luxury group has announced it will open two new leather-goods production sites within the next two years in France
Double-digit revenue growth for LVMH
One of the world’s leading luxury products group, LVMH Moët Hennessy Louis Vuitton recorded a 14% increase in revenue for the first nine months of 2017. Organic revenue grew by 12% compared to the similar period in 2016
Louis Vuitton with 12% organic revenue growth
The luxury goods brand has announced first half results. Growth marked the performance of the company in the first six months of the year
Hermès with solid growth
The France-based luxury group announced consolidated revenue of 2.7 billion euros in the first six months of 2017, up by 11% at current exchange rates and by 10% at constant exchange rates. The group recorded solid increase in sales across all geographical areas
LVMH Designers Prize winner announced
French designer Marine Serre of MARINE SERRE was the recipient of the LVMH Prize for Young Fashion Designers for 2017
Kering with outstanding revenue growth
Consolidated revenue in the first quarter was up by 31.2% as reported. Revenue by luxury activities was up by 34.0% and sport & lifestyle activities up by 16.5%-
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