LVMH news and archive

LVMH control solidified: Arnault family reaches absolute majority

Bernard Arnault and his family have consolidated their control over the global luxury giant LVMH. According to a source close to the family, they now hold 50.01 percent of the share capital and 65.94 percent of the voting rights. This move, although seemingly minor at 50.01 percent, is highly strategic. It marks the transition to an absolute...

Fashion

Loewe unveils first campaign under new creative direction

Madrid – The new post-Jonathan Anderson Loewe continues to take shape with the presentation of the first campaign developed for the Spanish house by the American creative duo, Jack McCollough and Lazaro Hernandez. Appointed as the brand's new creative directors last March 2025, they are now unveiling the codes intended to evolve the brand during...

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Business

In 'an uncertain world', luxury groups wary of 2026

Paris (France) - Following a "turbulent" 2025 and in "an uncertain world", caution is the watchword for 2026 in the luxury sector, where major French groups have published mixed results. "The past year was 'turbulent economically and geopolitically (...) and 2026 will not be very simple either, but one thing at a time'," stated Bernard Arnault,...

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LVMH strengthens executive committee with new appointments

French luxury conglomerate LVMH Moët Hennessy Louis Vuitton (LVMH) has announced strategic changes to its senior leadership team to bolster its sustainable growth strategy. The appointments, which are effective immediately, see two long-standing internal leaders join the group executive committee as the company reorganises its beauty and...

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LVMH board to welcome Expedia CEO Ariane Gorin

French luxury conglomerate LVMH Moët Hennessy Louis Vuitton (LVMH) has announced changes to its leadership structure following a board of directors meeting held on January 27, 2026. The group intends to propose the appointment of Ariane Gorin to the board at the upcoming annual general meeting (AGM) scheduled for April 23, 2026. The move follows...

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Business

LVMH increases stake in Loro Piana to 94 percent

Yesterday, during a conference call with analysts, LVMH chairman and chief executive officer Bernard Arnault announced that the group has strengthened its hold on the Italian brand, Loro Piana. The company conducted a partial buyout in 2025 of the brand's shares held by the Loro Piana family, as reported by Italian news agency Il Sole 24 Ore...

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Business

Goodbye DFS, hello Sephora: LVMH's major strategic shift — an analysis of the 2025 financial year

LVMH closes the 2025 financial year with a clear-sighted assessment. Following the post-pandemic euphoria, Bernard Arnault's group reported revenue of 80.8 billion euros, a 5 percent decline on a reported basis. While this headline decline is largely exacerbated by currency volatility, particularly the weakness of the dollar and yen against the...

People

Shareholders seek transparency regarding LVMH succession strategy

Investors in the French luxury conglomerate LVMH are increasingly voicing concerns over the lack of a clear succession plan for Bernard Arnault, the chairman and chief executive officer (CEO) who has led the group for nearly 40 years. According to a report by Reuters, some shareholders now view the absence of a public transition strategy as a...

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Business

LVMH sells its travel retail business (DFS) in China

LVMH announced on Monday the sale of its Duty Free Shops (DFS) business in China to CTG Duty-Free, a major travel retail operator headquartered in Beijing. “As part of this transaction, CTG Duty-Free will acquire the DFS stores located in Hong Kong and Macau, as well as intangible assets including a portfolio of DFS brands and intellectual...

People

Tiffany & Co. appoints David Ponzo as deputy CEO

Tiffany & Co. has appointed David Ponzo as its deputy chief executive officer. He will take over the responsibilities of the company’s former chief commercial officer Gavin Haig, who exited last year, in a newly expanded role at the LVMH-owned jeweller. The news was confirmed to WWD, to which president and CEO of Tiffany & Co., Anthony Ledru,...

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LVMH confirms new leadership for Givenchy and Christian Dior Couture

Luxury group LVMH officially announced major leadership changes at two of its flagship houses on Wednesday, January 7, 2026. Amandine Ohayon has been appointed CEO of Givenchy, while Alessandro Valenti becomes the deputy managing director of retail at Christian Dior Couture. According to a statement from the group, these appointments will take...

Culture

LVMH acquires Challenges, Sciences et Avenir and La Recherche

Luxury giant LVMH announced on Tuesday it has acquired the magazines Challenges, Sciences et Avenir and La Recherche as planned. According to a statement, the group intends to ensure their “longevity”. Businessman Claude Perdriel, who was the majority shareholder until now, had agreed to the sale for a symbolic one euro. He has now retired from...