World Footwear

LVMH

Jonathan Anderson takes over Dior menswear helm

Apr 23, 2025 / France
Jonathan Anderson has been appointed artistic director of Dior's menswear line, the house has confirmed. He succeeds Kim Jones, who stepped down in January

LVMH reports drop in revenue in the first quarter

Apr 16, 2025 / France
Amid a disrupted geopolitical and economic environment, the France-based luxury conglomerate has reported a decline in first quarter revenue. Europe was the only region to grow

New CEOs at Fendi, Kenzo and Louis Vuitton China

Apr 9, 2025 / France
The France-based luxury conglomerate LVMH has appointed Ramon Ros as CEO of Fendi, Charlotte Coupé as CEO of Kenzo and Daniel DiCicco as regional president of Louis Vuitton for mainland China

Executive reshuffle at LVMH

Mar 20, 2025 / France
Frédéric Arnault has been appointed CEO of Loro Piana. Meanwhile, Damien Bertrand has been appointed deputy CEO of Louis Vuitton and Fendi CEO Pierre-Emmanuel Angeloglou joins Dior as deputy CEO

Stella McCartney buys back LVMH’s minority stake in her namesake label

Feb 3, 2025 / United Kingdom
The fashion designer is buying back LVMH’s minority stake in the house she founded, but will continue to advise the group on sustainability issues, the two companies announced

LVMH reports stable performance after a difficult year in 2024

Jan 29, 2025 / France
Amidst a challenging global economic environment, the France-based luxury group has reported stable 2024 results, highlighting a slight acceleration in growth in the fourth quarter

LVMH reports drop in third quarter revenue

Oct 16, 2024 / France
The luxury group has reported a 3% decline in organic revenue in the third quarter of the year, as compared to the same period of last year, including a 5% year-on-year decline in its fashion and leather goods division

Creative leadership change at LVMH-backed Celine

Oct 3, 2024 / France
After seven years as creative director of Céline, Hedi Slimane has left the brand, marking the latest high-profile departure from a fashion label. LVMH has already named Michael Rider as Slimane's successor

Luxury hit a rough patch

Premium ContentOct 1, 2024 / World
Looking back on the first half of the year, it would be hard to argue that luxury is in for a smooth ride. Will this challenging period continue? And for how long?

LVMH posts a 14% drop in net profit

Jul 24, 2024 / France
The French-based luxury conglomerate has posted a 14% year-on-year fall in first half net profit amid an uncertain macroeconomic environment. Fashion & Leather Goods division hit by currency fluctuations

Birkenstock share sale raises 756 million USD for L Catterton Group

Jul 10, 2024 / United States
LVMH-backed private equity firm and a group of Birkenstock employees have raised 756 million USD from the sale of a block of shares in the US-traded company. L Catterton will retain a 73% stake in the footwear brand

LVMH increases its stake in the Spanish tannery Riba Guixà

Jun 5, 2024 / France
LVMH’s Métiers d’Art has signed an agreement to increase its stake in Riba Guixà, the Spanish tannery renowned for its expertise in tanning Enterfino lambskin

LVMH extends partnership with Alibaba

May 28, 2024 / France
The French-based luxury group has extended its partnership with the Alibaba Group for the next five years to enhance its omnichannel strategies and digital presence in China

Slow start to 2024 for LVMH

Apr 17, 2024 / France
Amid a slowdown in demand for luxury and a challenging geopolitical and economic environment, the French-based luxury group has reported a 3% rise in revenue in the first quarter of 2024

Luxury hit the brakes in 2023

Premium ContentApr 16, 2024 / World
Ahead of the 2024 first quarter results, here’s a look at the sales figures reported by the world’s major luxury players in 2023, which were in general affected by a slowdown in luxury demand
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