World Footwear

LVMH

LVMH says its first quarter showed good resilience

Apr 24, 2020 / France
The French-based luxury group recorded revenue of 10.6 billion euros for the first quarter of 2020, down by 15% compared to the same period in 2019 and down by 17% on an organic basis

LVMH cancels prize final and launches solidarity fund

Apr 17, 2020 / France
As a result of the Covid-19 pandemic, the final of the 7th edition of the LVMH Prize for Young Fashion Designers, originally scheduled on 5th June 2020 at the Louis Vuitton Foundation, has been cancelled

LVMH changes production from perfumes to hand sanitizer

Mar 17, 2020 / France
The French-based luxury giant announced its production facilities for the cosmetics branch will start to manufacture large quantities of hydro-alcoholic gel

Louis Vuitton to open its largest store in Japan

Jan 28, 2020 / United States
The main brand of the LVMH's portfolio, Louis Vuitton, will open its largest store in Japan in Osaka in February. At the same time the brand will open its first cafe and restaurant

Louis Vuitton and NBA in partnership

Jan 22, 2020 / France
The France-based luxury label has announced a partnership with the US National Basketball Association (NBA). Louis Vuitton will also become the official Trophy Travel Case Provider

LVMH names Hélène Valade Director of Environment

Jan 9, 2020 / France
French luxury group LVMH has just appointed Hélène Valade as Director of Environmental Development. The executive replaces Sylvie Bénard, who will retire after 26 years in office

LVMH acquires stake in Masoni tannery

Jan 3, 2020 / Italy
The French-based luxury group acquired a minority stake in the Santa Croce sull'Arno (Florence) tannery Masoni Industria Conciaria SpA stock package. The deal was made through the LVMH division Métiers d' Art

Louis Vuitton buys Tiffany for 16 billion US dollars

Nov 27, 2019 / France
The companies have entered into a definitive agreement whereby LVMH will acquire Tiffany for 135 US dollars per share, resulting in a deal of 14.7 billion euros or 16.2 billion US dollars

Luxury giant LVMH eyed at Tiffany

Oct 29, 2019 / France
French-based luxury goods giant LVMH is aiming to buy Tiffany & Co., the iconic New York jeweller

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

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

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

Louis Vuitton and Belle involved in design infringement's battle

May 14, 2019 / France
French luxury brand Louis Vuitton is taking legal action against Hong Kong-based group Belle International, claiming one of its sneaker designs was copied

LVMH completes the agreement with Belmond

May 7, 2019 / France
The French-based luxury house has announced it closed the deal with Belmond. On the same occasion, dividends referring to 2018 results have been approved
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