LVMH news and archive

French companies resist Paris' call

Paris - Since the publication of the AFP article on Sunday, April 21st, regarding the tensions between major French companies and the political powers — an in-depth piece outlining the positions taken by Bercy to encourage several groups to suspend their American projects — none of the main groups concerned — LVMH, Schneider Electric, CMA CGM —...

Fashion|Opinion Featured

Louis Vuitton is navigating an evolving global luxury landscape

After years of riding high on the back of strong international demand and an unwavering brand ethos, Louis Vuitton finds itself at a strategic inflection point. The French luxury powerhouse, a key pillar of LVMH, is contending with a confluence of macroeconomic pressures and evolving consumer behaviours that threaten to recalibrate the dynamics...

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First Q1 performances of luxury fashion companies impacted by Trump tariffs and geopolitical tensions

Financial news of the week: Trump Tariffs, Geopolitical Tensions Hit Luxury Sector The first financial results of Q1 2025, reported this week, show that trade tensions and geopolitical uncertainty are weighing on the performance of key luxury fashion groups. First Q1 results reveal slowdown across major fashion houses LVMH posted a 3 percent...

People

N.Ireland designer Jonathan Anderson takes helm at Dior Men

French fashion giant Dior named the highly-rated designer Jonathan Anderson as creative director of Dior Men on Thursday. Anderson, 40, quit Loewe last month after more than a decade in which he turned around the fortunes of the heritage Spanish brand. The Northern Irish designer -- an influential tastemaker with many A-list fans -- made the...

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LVMH general meeting: Jonathan Anderson at Dior Men's and 2025 strategy focused on quality

Jonathan Anderson appointed for the Dior Men's collection, to be shown June 2025; quality rather than growth, at all costs; the desire to create a free trade area with the US; and the vote in favour of keeping Bernard Arnault at the helm until the age of 85: these were the four key announcements that emerged from the general meeting of the...

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LVMH’s Q1 sales drop highlights luxury is under pressure

LVMH, the world’s largest luxury conglomerate and a barometer for the broader industry, reported a 5 per cent decline in earnings from its fashion and leather goods division in the first quarter, casting a long shadow over what was expected to be a year of cautious recovery. The French giant’s challenges may well extend into the second quarter,...

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LVMH sales dip as Trump tariffs dent luxury tastes

Paris - Luxury giant LVMH saw sales fall two percent to 20.3 billion euros (23 billion dollars) in the first quarter of 2025 as US President Donald Trump's tariffs shook the global economy, the company said on Monday. The producer of Louis Vuitton bags and Dom Perignon champagne, owned by Europe's richest man Bernard Arnault, generates a quarter...

FashionFeatured

Prada buying Versace buy is a win-win for Italian luxury

When Prada this week confirmed its acquisition of Versace for 1.25bn euros it was both a business transaction as much as a symbolic repatriation of Italian heritage. As the dominance of French conglomerates LVMH and Kering has become the established order in luxury fashion—owning Italian crown jewels from Fendi to Gucci—the Prada Group's...

People

LVMH appoints new heads for Kenzo and Fendi

French luxury goods group LVMH has made further leadership appointments. On Monday, the group announced the future CEOs of the fashion houses Kenzo and Fendi. The Louis Vuitton label also appointed a new head of its China business. Both CEOs come from within the company Charlotte Coupé has been appointed the new CEO of Kenzo. She will assume her...

Fashion

Loewe collaborates with Hennessy for limited-edition Paradis decanter

Spanish fashion house Loewe has partnered with luxury cognac brand Hennessy to create a special, limited-edition decanter for Hennessy Paradis. The first partnership between Loewe and Hennessy Paradis, part of the LVMH conglomerate, the collaboration sees the two brands come together to share their mutual appreciation for complex artisanal...

Fashion|Opinion Featured

Why luxury brands delay designer appointments

Is silence golden? Executives at luxury fashion houses certainly seem to think so. While the top-tier maisons thrive on narrative control, the recent delays in designer appointment announcements reveal an industry grappling with uncertainty and brand identity recalibration. But for the industry at large—and consumers—the prolonged silence has...

PeopleFeatured

Jonathan Anderson departs from creative directorship at Loewe

Following persistent rumours that have been gathering momentum in recent months, Northern Irish designer Jonathan Anderson has announced his departure from the creative directorship at Spanish fashion house Loewe. He had held the position for the past 11 and a half years, during which time he completely revitalised the aura, essence, and...