Cartier-owner Richemont's sales beat boosts luxury sector as jewellery shinesThe latest sales report from Richemont reveals a strong performance, outpacing forecasts with a twenty percent rise in sales in constant cu...
From space rocks to smartwatches, AI millionaires rewrite the luxury playbookNewly minted millionaires from tech IPOs are spending fortunes on unique items. These individuals are buying meteorites and fire trucks, di...
Orient Express giant yacht sets sights on tech billionairesOrient Express, now a joint venture between French hotelier Accor and Louis Vuitton owner LVMH, set out to revive the 19th century travel b...
Fashion to Furnace: Some luxury gold watches fail the test of timeLuxury watches like Omega Constellation are being melted for gold. High gold prices make metal value exceed resale worth. This impacts used...
The City of Gold starts coming back to life after its darkest hourDubai's economic landscape is tested after regional conflict. Aviation, hotels, and real estate see impacts. Luxury retail also faces press...
European shares log weekly losses on Iran war-linked inflation woesdropEuropean markets experienced a significant downturn, with the STOXX 600 index sliding due to escalating energy inflation fears stemming fro...
Armani could split 15% stake among L'Oreal, LVMH, EssilorLuxottica, report saysGiorgio Armani's fashion house is reportedly planning to sell its 15% stake in three equal parts, following the designer's death. French lu...
Louis Vuitton, Dior owner LVMH flags sales impact of Iran war in blow to hopes for luxury revivalFrench luxury giant LVMH reported a significant hit from the Middle Eastern conflict. Sales in the Gulf region saw a sharp decline. Wealthy...
LVMH shares up 7% after reassuring Q4, lifts luxury peersShares in LVMH were up by around 7% in early Paris trade on Friday following the French luxury giant's latest quarterly report, lifting pee...
LVMH shares fall as second-quarter sales fail to impressShares in LVMH fell by 3.7% in early trading on Wednesday after the report of in-line sales growth in the second quarter. Analysts believe ...
LVMH becomes first European company to exceed $500-billion market valueThe achievement comes less than two weeks after LVMH joined the ranks of the world's 10 biggest companies, powered by a surge in first-quar...
LVMH shares rise after fashion group reports solid fourth-quarter resultsLVMH shares were up 1.3% in early session trading, among the top performers on France's benchmark CAC-40 equity index, and also lifting the...
LVMH has a plan to change Tiffany: New luxe watches, silver jewellery, some sparkleTiffany's products range from $150 silver pendants to exquisite diamond necklaces.
LVMH promotes Arnault scion to lead Tiffany after $16 bn deal; ready to give jewellery brand a makeoverAlexandre Arnault will be executive vice president at Tiffany.
LVMH & Tiffany's ugly spat: Diamonds don't look attractive anymore, courtesy CovidLVMH announced on Wednesday that it was abandoning the $14.5 bn takeover plan.
- LVMH fashion and leather sales growth slows in Q3
The unit, the biggest profit and revenue contributor at LVMH, had surprised the market with forecast-beating 10 percent sales growth in the...
Louis Vuitton counts on lipstick as handbag sales slowWith Vuitton’s sales growth slowing from Barcelona to Beijing, catering to beauty buyers like Le Sassier is getting more important for LVMH.