World Footwear

France

LVMH with 16% revenue growth

Oct 14, 2019 / France
Moët Hennessy Louis Vuitton, one of the world’s leading luxury products group, recorded a 16% increase in revenue, reaching 38.4 billion euros in the first nine months of 2019

US is the main destination of Brazilian footwear exports

Oct 10, 2019 / Brazil
According to data prepared by the Brazilian Footwear Industries Association (Abicalçados), 9.47 million pairs were shipped in August, 7.4% more than in the same month of 2018

Hermès in expansion mode

Oct 10, 2019 / France
The French-based luxury house announced the creation of a new leather goods workshop straddling the villages of Tournes and Cliron (Ardennes) by 2022

Kering: another step away from Puma

Oct 8, 2019 / France
Kering launches an offering of bonds exchangeable into existing ordinary shares of Puma due 2022 for a nominal amount of 500 million euros. Another step by Kering to reduce its remaining stake in Puma

Kering appoints new Chief Diversity, Inclusion and Talent Officer

Oct 1, 2019 / France
According to the group the appointment of Kalpana Bagamane Denzel as Chief Diversity, Inclusion and Talent Officer signals a new stage in Kering’s determined action in support of diversity

Kering commits to full carbon neutrality

Sep 27, 2019 / France
The entire group is focusing on becoming carbon neutral within its own operations and across the entire supply chain. As a next step in its long-term commitment to sustainability, Kering will offset the Group’s annual Greenhouse Gas (GHG) emissions from 2018

LVMH's engagement with environment and biodiversity

Sep 26, 2019 / France
The group announced the acceleration of its commitments to protect biodiversity during an event held in Paris centred on the LVMH Initiatives for the Environment program (LIFE program)

Excellent first half for LVMH

Sep 17, 2019 / France
One of the world's leading luxury groups recorded revenue of 25.1 billion euros in the first half of 2019, up by 15%. Organic sales at LVMH grew by 12% compared to similar period in 2018

Christian Louboutin exhibits in Paris

Sep 6, 2019 / France
From the 25th of February 2020 onwards, the Palais de la Porte Dorée will present a major exhibition devoted to the work and creativity of Christian Louboutin, the internationally renowned footwear designer

Kering: strong growth in revenue

Jul 29, 2019 / France
The French-based luxury group has announced two digit growth for the first half of the year with 18.8% for year on year revenue growth

Sonia Rykiel faces liquidation

Jul 26, 2019 / France
After a restructuring process the company elected no winning bid and is now facing liquidation and will now work to close stores around the world

Hermès: Asia continues to drive sales growth

Jul 24, 2019 / France
The Paris-based luxury group confirmed its strong sales momentum over the first half of 2019 reporting 12% growth at constant exchange rates and 15 % at current exchange rates

Stella McCartney and LVMH in partnership

Jul 22, 2019 / France
Both parties have reached an agreement to further develop the Stella McCartney House. Stella McCartney and LVMH will detail the full scope of the deal later in September

Chanel appoints first Senior Executive for Diversity

Jul 19, 2019 / France
Fiona Pargeter is joining Chanel from Swiss Bank UBS where she was head of Diversity and Inclusion for Europe, the Middle East and Africa

Chanel acquires stake in Italian tannery

Jul 16, 2019 / Italy
The French luxury brand took another step in its strategy to reinforce its production process by acquiring a stake in Conceria Samanta, an Italian tannery company specialized in printed leathers, which has been its supplier for several years
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