LVMH news and archive

Luxury world bids farewell to Francesco Trapani

Francesco Trapani passed away yesterday evening at his home in Rome. The 68-year-old entrepreneur and manager, a descendant of the Bulgari family, led the maison, founded in 1884, as chief executive officer for three decades. The maison became one of the major global players in the luxury sector, present in jewellery, watches, fragrances,...

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Hedi Slimane invites Celine to turn the page in an Instagram story

On 6 September 2025, Hedi Slimane published an Instagram story addressed to Celine (LVMH), where he was formerly creative director. “I left Celine in October 2024,” wrote Slimane on Instagram. “I have been convinced since – and I look forward to it – that Celine will brilliantly reinvent, for its advertising campaigns and its corporate image, a...

Fashion

Jacquemus designs new look for LVMH's Veuve Clicquot champagne

Fashion designer Simon Porte Jacquemus has collaborated with Veuve Clicquot to create an exclusive bottle for La Grande Dame 2018, the champagne house's most prestigious cuvée. This limited-edition bottle will launch at Selfridges' Oxford Street store on September 10, 2025. The design reimagines the iconic yellow label, dressing the bottle in...

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Business

LVMH in talks to acquire French business magazine Challenges

Paris - Discussions are underway for the potential sale of the French business magazine Challenges to the luxury group LVMH. According to Pierre-Henri de Menthon, the magazine's editor-in-chief, negotiations are scheduled to take place in September between the Arnault family, who own LVMH, and Challenges' majority shareholder, Claude Perdriel....

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Fashion|Opinion

Luxury fashion at a crossroads ahead of key designer debuts

If the Venice Film Festival’s red carpet is any guide, the luxury sector is entering the womenswear season in a state of uncertainty. Following a long summer and the July haute couture shows, celebrity dressing has returned with renewed significance, as catwalk presentations risk becoming increasingly predictable and uninspiring. The festival...

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Business

Louis Vuitton under investigation in US for data breach

French luxury giant Louis Vuitton is under investigation in the US for a data breach in which hackers gained unauthorised access to customer information. The US subsidiary of the brand, Louis Vuitton North America, Inc., has been accused of potentially violating state and federal laws after it delayed notifying impacted individuals following the...

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People

Prada, Jil Sander, Jack Wolfskin… An overview of new management in the fashion industry

Even during the seemingly quiet summer period, the fashion industry continues its reshuffle. From Lancel and Nike to Geox and Marni, FashionUnited has compiled the most important personnel decisions of recent months. Jil Sander: Ubaldo Minelli appointed CEO Ubaldo Minelli, chief executive officer of the Italian fashion group OTB Group, is now...

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Business

LVMH's Loro Piana: After the scandal, what are the consequences for the sector and investors?

LVMH Group once again found itself in turmoil when its Italian subsidiary Loro Piana, a house renowned for its cashmere and understated luxury, was placed under court supervision by the Milan Court last month. This exceptional decision highlights the excesses of an outsourcing system too often out of control, already singled out in other similar...

Fashion

Louis Vuitton's beauty brand has officially launched

Louis Vuitton’s move into luxury beauty has been widely anticipated after five years in the making. For fashion houses of such scale, beauty is often a natural extension, offering both a new revenue stream and a way to expand brand reach. With La Beauté, the company is extending its core themes of travel, craftsmanship and design into the...

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Business

French textile industry faces challenges and opportunities in 2025

Between the law against ultra fast fashion, the (relative) drop in mergers and acquisitions, and persistent deindustrialisation, the first six months of 2025 have been somewhat turbulent and tinged with warning signs for the French textile industry. Adopted in early June, the new French law against ultra fast fashion marks a "historic turning...

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Business

Luxury sector faces challenges: Tariffs, declining sales, and economic headwinds

Paris - The global luxury sector is facing increasing challenges, grappling not only with a decline in the consumption of high-end handbags, perfumes, and designer clothing but now also contending with new tariffs on exports to the United States, a crucial market. Bernard Arnault, chairman and CEO of LVMH, acknowledged the difficult landscape....

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Business

Dior UK reports resilient performance in 2024

Christian Dior UK Limited, for the year ended December 31, 2024, reported revenues of 280 million pounds, representing a 16 percent decrease compared to 2023. Despite this, the gross profit remained strong at 56 percent. The company, primarily engaged in the retailing of fashion ready-to-wear, leather goods, shoes, and related accessories under...