LVMH shareholders agree that Bernard Arnault can remain CEO until he is 85

By Reuters Published April 17, 2025 LVMH shareholders have approved a bylaw change allowing Bernard Arnault, 76, to remain at the helm of the world’s largest luxury group until age 85. LVMH approves bylaw change to keep Bernard Arnault as CEO until 85. – LVMH On Thursday, 99.18% of the votes were in favor of […]

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Dior Men appoints Jonathan Anderson as creative director

The eagerly awaited announcement has finally been made. Jonathan Anderson is joining Dior, where he will take charge of the menswear collections. The leading label of luxury group LVMH has confirmed to FashionNetwork.com that Anderson has been named “creative director of the men’s collections,” adding that the Northern Irish designer will stage his first Dior […]

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Hermès’ market value surpasses LVMH, which once tried to acquire it

By Bloomberg Published April 15, 2025 Hermès‘market capitalization surpassed that of rival LVMH, the conglomerate that once tried to buy the maker of the coveted Birkin bag in a stealth raid that shocked the French corporate world 15 years ago. Hermès overtakes LVMH in value—years after fending off takeover attempt. – Reuters Hermès International SCA’s […]

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Luxury industry’s ‘Trump boost’ was very short-lived

By Bloomberg Published April 15, 2025 The mini bling boom since the turn of the year is well and truly over. On Monday, LVMH reported first-quarter sales that missed expectations. No division generated growth. Each one underwhelmed. The crucial fashion and leather goods unit reported a 5% decline in sales, excluding currency movements, far below the 0.6% slide […]

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Italy’s jeans mogul Renzo Rosso is still hungry for deals — even after Versace setback

By Bloomberg Published April 13, 2025 Renzo Rosso, the Italian fashion mogul who made his name as the founder of Diesel jeans, is on the lookout for new deals — even after a setback in his bid to buy the Versace brand. See catwalkDiesel – Fall-Winter2025 – 2026 – Womenswear – Italie – Milan – […]

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LVMH finds making Louis Vuitton bags messy in Texas

By Reuters Published April 10, 2025 Six years ago, LVMH‘s billionaire CEO Bernard Arnault and President Donald Trump cut the blue ribbon on a factory in rural Texas that would make designer handbags for Louis Vuitton, one of the world’s best-known luxury brands. See catwalkLouis Vuitton – Fall-Winter2025 – 2026 – Womenswear – France – […]

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LVMH names new CEOs at Fendi and Kenzo, both culled from Vuitton

LVMH has named two new CEOs at its leading fashion houses, with Ramon Ros taking over at Fendi and Charlotte Coupé appointed at Kenzo. Both senior executives come from positions in LVMH’s flagship brand, Louis Vuitton, and both will report to Sidney Toledano, senior advisor to the LVMH Group chairman and the conglomerate’s controlling shareholder, […]

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LVMH picks Bulgari CEO Jean-Christophe Babin to head watches business

By Reuters Published March 30, 2025 LVMH has appointed Jean-Christophe Babin as CEO of its watches division, choosing a veteran watches and jewellery executive from within the group to take over from Frederic Arnault, company said on Friday. Jean-Christophe Babin – Courtesy The move follows other top management changes at LVMH as the five children […]

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Hermès taps BNP Paribas CEO, former spy for luxury group’s board

By Bloomberg Published March 25, 2025 Hermès International SCA is set to appoint BNP Paribas SA CEO Jean-Laurent Bonnafé and a former French spy-agency chief to the luxury group’s board. See catwalkHermes – Fall-Winter2025 – 2026 – Womenswear – France – Paris – ©Launchmetrics/spotlight The family-controlled company known for its Birkin bags named Bonnafé, the […]

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Loewe names Proenza Schouler duo as new creative directors

It’s official, Loewe has named the Proenza Schouler duo of Jack McCollough and Lazaro Hernandez to be the house’s new creative directors. Jack McCollough (left) and Lazaro Hernandez will join Loewe as the new creative directors on April 7. – Courtesy  The appointment had been widely expected, and applauded even before the official confirmatipn. The […]

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