World Footwear

LVMH

LVMH joins the Circular Bioeconomy Alliance

Nov 16, 2022 / France
The luxury group will be supporting the Circular Bioeconomy Alliance's Living Lab in Chad, which is developing a sustainable cotton production under a regenerative agroforestry system

LVMH reports steady growth

Oct 12, 2022 / France
After recording revenue growth of 28% in the first nine months of 2022, the French-based luxury group said that "growth continues at the same pace". Sales also increased in the third quarter

Louis Vuitton launches sustainable sneaker

Sep 9, 2022 / France
The French luxury Maison, owned by LVMH, released a new unisex version of the LV trainer made from 90% recycled and organic materials, designed by its late creative director Virgil Abloh

LVMH announces first half results

Jul 27, 2022 / France
"In a still disrupted environment", the French-based luxury group posted revenue growth in the first half of the year. The fashion & leather goods segment recorded a "remarkable" performance

Arnault restructures holding company to ensure family control of LVMH

Jul 26, 2022 / France
The French billionaire Bernard Arnault is turning his holding company Agache into a joint-stock partnership to guarantee that its control over the LVMH group will be maintained in the long term

LVMH off to a good start in 2022

Apr 14, 2022 / France
The luxury group reported revenue growth in the first quarter of 2022, but remains vigilant due to "the current geopolitical context and the ongoing impact of the pandemic”, especially in China

Fashion brands halt sales in Russia

Mar 7, 2022 / World
Pressure has been mounting on the Fashion industry to cut off commercial trading with Russia in the aftermath of Russia’s invasion of Ukraine on the 24th of February

LVMH posts revenue above pre-pandemic levels

Jan 28, 2022 / France
The luxury group has reported strong growth over 2021, following the disruption of the first half of 2020 resulting from the global pandemic. Revenue for the full year reached 64.2 billion euros

LVMH reports continued growth

Oct 18, 2021 / France
In the first 9 months of 2021, the French-based luxury group had revenue of 44.2 billion euros, up by 46% year-over-year. The Fashion & Leather Goods segment registered exceptional growth

LVMH plans to recruit 25 000 young people by the end of 2022

Sep 29, 2021 / France
The luxury group is launching several initiatives to provide access to training and employment for young people, under the age of 30, from all backgrounds

Kering and LVMH announce measures to safeguard biodiversity

Sep 21, 2021 / France
The two luxury groups announced new initiatives to support biodiversity at the IUCN World Conservation Congress, held in Marseilles from the 3rd to the 11th of September, recognizing, thus, the luxury’s reliance on the natural world

LVMH signs pact to promote and protect specialised skills

Aug 12, 2021 / France
The “WE for ME” pact for the Métiers d’Excellence reinforces the commitment of the 75 Maisons of the luxury group to craftsmanship and diversity, with special emphasis on passing on the savoir-faire to the next generations

LVMH to buy majority stake in Off-White

Jul 20, 2021 / France
The international luxury group announced the acquisition of 60% of shares of Off-White LLC, owner of the Off-White brand

L Catterton acquires majority stake in Italian-based Etro

Jul 19, 2021 / Italy
Under the agreement, L Catterton Europe will acquire a majority stake in the company, while the Etro family will retain a significant minority. Founder Gerolamo Etro will be appointed as Chairman

LVMH appoints Vanessa Moungar Director of Diversity and Inclusion

Jul 9, 2021 / France
Continuing on its strategy to reaffirm its interest in diversity and inclusion, the French luxury group has just recruited a director of “Diversity and Inclusion”, the Franco-Chadian Vanessa Moungar, known for her commitment to social justice in the world
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