The $350 billion decline in European luxury
European luxury firms have experienced a drop in their total market value of around $350 billion this year. As expectations...
LVMH
According to LVMH, the war in Iran has affected its sales
The French luxury conglomerate LVMH declared that the conflict in Iran caused the group's overall sales to drop by at...
Bernard Arnault loses $12.5 billion after Trump’s 200% tariff threat on French wines
The fortune of Bernard Arnault—Europe's richest person—fell by $12.5 billion on Tuesday after President Donald Trump threatened to impose 200%...
LVMH appoints Laura Burdese as new CEO of Bvlgari
Italian Laura Burdese was named the new CEO of the Bvlgari brand by French luxury goods behemoth LVMH on Thursday,...
According to reports, LVMH is considering selling its 50% ownership of Fenty Beauty
According to four sources with knowledge of the situation, luxury goods behemoth LVMH is considering selling its 50% share in...
Giuseppe Marsocci, a seasoned executive, is named CEO of the Giorgio Armani Group
The Italian fashion business confirmed media allegations on Thursday by announcing that Giuseppe Marsocci, who was previously the deputy CEO...
Prada gets the green light to buy Versace and create a new Italian luxury giant
The European Union approved the acquisition of Versace by Prada, another Italian company, on Tuesday after determining that there are...
Bernard Arnault, the owner of LVMH, has named his daughter as the new head of Christian Dior.
Moët Hennessy Louis Vuitton SE (LVMH), a French luxury conglomerate with a fast-growing and profitable Fashion business in Europe, is...
