LVMH reports 3% sales decline in Q1 2025

By Reuters Published April 14, 2025 LVMH, the world’s largest luxury group, reported a 3% drop in first-quarter sales on Monday, missing expectations and confirming a broader sector slowdown as shoppers pulled back on designer fashion amid a volatile economic climate. LVMH misses Q1 targets as fashion and leather goods weaken. – LVMH The French […]

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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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a Paris mansion not a French brand

Bernard Arnault used to be known for buying luxury brands. Now, his favorite pastime is snapping up buildings – the latest of which is a historic Paris mansion near the Opera Garnier.  Hotel Soltykoff, Paris Luxury behemoth LVMH, where Arnault is chairman, CEO and controlling shareholder, acquired the Hotel Soltykoff at 10 rue Volney, located […]

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Has Arnault launched the mating dance of the bling kings?

By Bloomberg Published Feb 1, 2024 The wolf is licking its lips. The prey is not wearing a red hooded cape, but Van Cleef Arpels jewelry. Van Cleef & Arpels – Facebook Van Cleef & Arpels Bernard Arnault, the founder and chief executive officer of LVMH who’s known as the “wolf in cashmere,” last week sang […]

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LVMH unveils latest timepiece collections at Watch Week in Miami

LVMH launched on Sunday the fifth edition of LVMH Watch Week in Miami. LVMH unveils latest timepiece collections at Watch Week in Miami. – LVMH Running until February 1, the event showcases the latest collections from the group’s six watchmaking maisons, including Bulgari, Hublot, Tag Heuer, and Zenith, which graced the 2023 edition in Singapore. […]

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Bernard Arnault in witty mood at LVMH results’ presentation

Translated by Nicola Mira Published Jan 29, 2024 Last Thursday, a few seconds after 6 pm CET, as soon as trading at the Paris Stock Exchange closed for the day, luxury tycoon Bernard Arnault took to the conference room stage at the LVMH group’s headquarters in Paris, at 50 Avenue Montaigne. FNW/DM Arnault, who took […]

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Dior and Louis Vuitton encouraged to “slow down their growth” in 2024

Translated by Roberta HERRERA Published Jan 27, 2024 During the announcement of LVMH‘s annual results on Thursday, January 25, the French conglomerate’s chairman, Bernard Arnault, once again highlighted “the outstanding performance of the ‘Fashion & Leather Goods’ division,” which achieved a total revenue of €42.16 billion in 2023, marking a 9% increase compared to the […]

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Bulgari launches exclusive bracelet for Indian market

Luxury jewellery brand Bulgari has launched an exclusive bracelet for the Indian market with friend of the brand Ayushmann Khurrana. The ‘B.zero1 Kada Bracelet’ is designed to celebrate Indian design heritage and mix it with Bulgari’s aesthetics to represent ‘modern India’.  Ayushmann Khurrana wearing the India exclusive Bulgari bracelet – Bulgari “With this important launch we wish to honour […]

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handover from Michael Burke to Sidney Toledano

Translated by Cassidy STEPHENS Published Jan 18, 2024 The world’s number one luxury goods group LVMH announced on Thursday that it would be making further management changes around Bernard Arnault, by switching two of the CEO’s loyal associates Michael Burke and Sidney Toledano, according to a press release. Michael Burke and Sidney Toledano – Stéphane […]

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