Home

Tags

LVMH

Lvmh news and archive

LVMH and Elle launch second Prix des Artisanes

LVMH and Elle have partnered on the second edition of Prix des Artisanes, a competition and prize that promotes the savoir-faire of craftswomen in applied arts. Now in its second year, the prize is held in association with the Institut National des Métiers d’Art and the Artisans d’Avenir network. In a statement LVMH said it supports lesser known...

5 Aug 2022

Fashion

Tiffany to launch “digital passes” to convert NFT into physical jewellery

American jeweller Tiffany has released 250 digital passes called NFTiffs to mint digital artwork into a physical pendant. The LVMH-owned company will transform its CryptoPunk NFTs into wearable gold pendants, which will be available for sale from August 5th. Each item will cost 30 ether, approximately 50,000 dollars, where users will receive...

2 Aug 2022

BusinessFeatured

LVMH posts revenue increase of 28 percent, profit up 34 percent

LVMH Moët Hennessy Louis Vuitton recorded revenue of 36.7 billion euros in the first half of 2022, up 28 percent compared to the same period in 2021. Organic revenue growth was 21 percent. In the second quarter, the company said in a release, revenue increased by 27 percent, while organic revenue growth was 19 percent. Profit from recurring...

27 Jul 2022

BusinessFeatured

The fashion industry is facing a skilled worker shortage

Warnings of staffing shortages in the UK after Brexit was invoked is now being echoed by a global need for fashion talent. Last week luxury group LVMH said it was looking to fill 2,000 positions by the end of the year, and 30,000 by 2024, as a need for specialised personnel is leaving gaps in the fashion sector. WWD said LVMH’s executive vice...

25 Jul 2022

Fashion |In Pictures

Nensi Dojaka launches capsule collection with 24S.com

Nensi Dojaka, 2021 winner of the LVMH Prize, has launched an exclusive capsule collection with LVMH-owned online shopping destination 24S.com. The 24S.com x Nensi Dojaka capsule is Parisian-inspired and revisits key pieces from the Albanian designer’s spring/summer 2022 show, with barely-there pieces reinterpreted in nude tones. Dojaka, who won...

20 Jul 2022

Culture

Loewe announces winner of fifth edition of Loewe Foundation Craft Prize

Loewe have announced the winner of the 2022 Loewe Foundation Craft Prize, now in its fifth edition. The award was given to Korean artist Dahye Jeong for her work A Time of Sincerity (2021). Loewe Creative Director Jonathan Anderson and jury selected the winner amongst 30 finalists, which were selected last January by a panel of experts who chose...

12 Jul 2022

Fashion |OPINION Featured

Art is not dead: Marc Jacobs shows Fall 2022 collection

Marc Jacobs on Monday showed his Fall 2022 collection at New York’s Public Library, the same venue since his June 2021 show and only second in-person catwalk since the pandemic. It was a statement show defined by looks of layered control with Jacobs quoting Nietsche to underscore his message: “We have art in order not to die of the truth.” With...

28 Jun 2022

Business

LVMH announces winners of Innovation Award during Vivo Technology

Luxury conglomerate LVMH has announced the winners of its sixth Innovation Award during a dedicated award ceremony at 2022 Viva Technology in Paris. The overall winner was revealed to be Toshi, a London-based start-up providing sustainable and customised solutions for omnichannel retailers, which was selected from more than 950 applications...

17 Jun 2022

People

Institut Français de la Mode appoints Sidney Toledano as chairman

Parisian fashion school Institut Français de la Mode (IFM) has named LVMH’s chairman and chief executive Sidney Toledano as its new chairman. Toledano, who has been a board member at Institut Français de la Mode for more than 20 years and vice president for the past five years, takes over the chairman role from André Beirnaert, who did not renew...

14 Jun 2022

PeopleFeatured

LVMH’s Emilio Pucci taps Saar Debrouwere as new CEO

Italian luxury label Emilio Pucci has appointed Belgian fashion executive Saar Debrouwere as its new chief executive officer. Debrouwere is expected to begin the top job at the LVMH-owned label in July as the company shifts to a see now, buy now presentation model with frequent product drops, according to an announcement seen by WWD. Sidney...

9 Jun 2022

Business

LVMH’s Aura Blockchain Consortium joins Prince of Wales’ sustainable task force

Aura Blockchain Consortium has announced it will be joining the Prince of Wales’ Sustainable Markets Initiative Fashion Task Force, developed to aid in the acceleration of a sustainable fashion future. Launched by the Prince of Wales in 2020, the Fashion Task Force is already working with the likes of Burberry, Chloé and Armani to establish its...

7 Jun 2022

Business

Luxury brands breathe sigh of relief as China eases restrictions

Luxury brands are breathing a sigh of relief as China’s strict Covid restrictions are set to ease. Europe’s stock exchanges responded positively, with luxury stocks recovering after a dip since March. China’s top tier fashion cities, including Beijing and Shanghai, are set to see a loosening of its stringent lockdown rules amid falling infection...

31 May 2022