World Footwear

France

Louis Vuitton with revenue growth

Apr 10, 2017 / France
LVMH Moët Hennessy Louis Vuitton, one of the leading groups in high quality products recorded revenue of 9.9 billion euros for the first quarter 2017, an increase of 15% compared to similar period last year

Hermès revenue passes the 5 billion euros mark

Mar 22, 2017 / France
The group announced consolidated revenue for 2016 of 5.202 million euros, up by 7.5% (current exchange rates). Net profit increased by 13%, totaling 1.100 million euros

Brazilian footwear exports grow by 5%

Mar 13, 2017 / Brazil
According to the Brazilian Shoe Manufacturers Association (Abicalçados) in February, footwear exports totaled 9.16 million pairs, generating 81.54 million US dollars, down by 6.8% in volume, but growing by 5% in value

Hermès overperforming the sector

Feb 9, 2017 / France
The luxury group announced sales up by 7.5% in 2016, despite the difficult context. Hermès consolidated its revenue and passed the 5 billion euros threshold

Record year for Louis Vuitton

Jan 26, 2017 / France
One of the largest luxury groups announced record earnings and revenue for fiscal year 2016

Jordan opens first European store

Dec 5, 2016 / France
Jordan just landed in Paris, the chosen location for Nike Inc.’s Jordan brand first brick-and-mortar

LVMH receives students

Dec 2, 2016 / France
The Program Inside LVMH has given 220 students the opportunity to discover the group and get involved in the theme of luxury and innovation

Our industry will continue to suffer in the coming years

Nov 25, 2016 / France
The words are from Claude Paquin, Presidente of the FFC, elected earlier in the year and succeeding Jean-Pierre Renaudin, who presided over the professional organization over an 8 years' period

Hermès with a boost in sales

Nov 2, 2016 / France
At the end of September 2016, the group's consolidated revenue amounted to 3.697 billion euros, up by 8% at constant exchange rates

LVMH acquires stake in Rimowa

Oct 6, 2016 / France
A major stake (80%) of the German premium luggage maker, known for its lightweight suitcases, was acquired by the French-based luxury house

Hermes abandons mid-term revenue target

Sep 15, 2016 / France
One of the world’s most luxurious fashion brands has announced it won’t continue to forecast annual revenue growth due to persistent political and monetary uncertainty

Qatari fund buys Balmain

Jun 24, 2016 / France
Mayhoola for Investments is the Qatari fund already owning the Italian fashion house Valentino. Now it acquired the French-based maison

Brazilian Footwear identifies targets for next two years

Apr 28, 2016 / Brazil
This incentive program aimed at footwear exports and developed by Abicalçados and Apex-Brazil is renewed every two years since its implementation in 2000

Brazilian footwear exports recover ground but are still below expectations

Apr 15, 2016 / Brazil
According to data released by Abicalçados, footwear exports were down by 6.1% in the first quarter of 2016, compared to similar period last year. Notwithstanding, in March a recovery was registered

Strong growth registered by Hermès

Apr 13, 2016 / France
Revenue amounted to 4 841 million euros, up by 17.5%. Operating income totaled 1 541 million euros, increasing by 18.6%
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