LVMH news and archive

LVMH invests in French knitwear brand Molli

LVMH Luxury Ventures, the investment arm of LVMH, has acquired a minority stake in the French knitwear brand Molli. Trade publication WWD first reported the news. The financial details of the investment have not been disclosed. Molli was founded in 1886 in Switzerland as a knitting factory. In 2014, chief executive officer Charlotte de Fayet...

Fashion

Milan court orders judicial administration for Loro Piana

Another case of labour exploitation involving a luxury brand has emerged. This time it concerns LVMH-owned brand, Loro Piana. A Milan Court has ordered judicial administration for one year for Loro Piana. Frédéric Arnault has been the CEO of the company since June 10. According to Italian news agency Ansa, the measure taken by the judges of the...

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Business

Louis Vuitton confirms UK customer data stolen in cyber attack

LVMH is facing what is now its third cyber attack in a matter of three months. French luxury label Louis Vuitton has confirmed that some UK customer data has been stolen in a hack that took place on July 2. In an email to customers seen by multiple news outlets, including Bloomberg, which first reported the attack, Louis Vuitton said an...

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Fashion|Opinion

Celine signals evolution, not rupture, under Michael Rider

Few debuts in recent memory have been as self‑assured, or as finely calibrated to the realities of the luxury business, as Michael Rider’s first outing for Celine during Paris Men’s Fashion Week on Sunday. Presented co‑ed inside the house’s 16 Rue Vivienne atelier, the collection treated Celine’s heritage as a living archive rather than a museum...

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Business

LVMH chairman Bernard Arnault acquires L'Opinion and L'Agefi

Paris - Bernard Arnault, chairman and CEO of LVMH (LVMH Moët Hennessy Louis Vuitton), has acquired the liberal daily L'Opinion and the financial news website L'Agefi. LVMH already controls the Les Echos-Le Parisien press group and Paris Match. Sources close to the matter confirmed the acquisition to the press on Thursday, following a report in...

People

Alexander Wang appoints new global president

Alexander Wang appoints new global president The US fashion brand Alexander Wang has appointed Robert Rizzolo as global president on July 1. The brand announced the appointment on LinkedIn. Rizzolo previously served as chief merchandising officer at Marc Jacobs. He held this role since July 2021. Rizzolo has over 25 years of retail experience....

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Fashion

Jonathan Anderson reboots Dior menswear with subtle subversion and commercial savvy

Jonathan Anderson walked on to the Dior stage on Friday with the hardest brief in luxury fashion: reignite a 9.5 billion euro powerhouse whose growth has begun to slow and whose identity, at least on the men’s side, has drifted since the Hedi Slimane era. The 40-year-old Northern Irishman is hardly a novice. LVMH took a minority stake in his JW...

People

Celine names Robert Holden as North America President ahead of artistic transition

Celine has appointed Robert Holden as president of its North American division, as the brand prepares for a new chapter under incoming artistic director Michael Rider. The appointment was reported by WWD, signaling a key leadership change as Celine embarks on its next creative phase. Holden, who currently oversees Miu Miu in the Americas, brings...

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People

LVMH appoints Craftsmanship Chief

LVMH is sharpening its focus on the foundations of luxury, craftsmanship and production, with the appointment of Ludovic Pauchard to a newly created executive role: Industrial and Craftsmanship Director. The move signals a decisive evolution in how the world’s largest luxury group views its industrial backbone amid shifting global market...

People

Willy Chavarria reportedly being eyed for Fendi

New York-based Willy Chavarria is said to be at the front of the race to take over Fendi. While many names have been in circulation to step in as creative director for the Italian fashion house, the Mexican-Irish designer has emerged as a strong contender, according to sources for WWD. The media outlet said the likelihood of a deal with...

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Business

LVMH feels strain of luxury slowdown as succession questions loom

Bernard Arnault, the 76-year-old titan behind LVMH, is facing one of the most serious reckonings of his tenure atop the world’s largest luxury group. Against a backdrop of falling demand in China, geopolitical trade friction in the US, and mounting internal complexity, LVMH has seen over 220 billion euros erased from its market value since its...

Fairs

LVMH Innovation Awards 2025: Start-ups Kahoona, Genesis and Omi awarded at VivaTech

During VivaTech, held until June 14, 2025 at the Parc des Expositions (Porte de Versailles), the LVMH group revealed the 2025 winners of the LVMH Innovation Awards. The start-ups Kahoona, Genesis and Omi were honoured. On June 12, unlike the previous year, LVMH founder Bernard Arnault did not take to the stage like a rock and roll star. "He...