LVMH is considering options for Marc Jacobs amid buyer interest, sources say

By Bloomberg Published Apr 30, 2024 LVMH Moet Hennessy Louis Vuitton SE is exploring options for its Marc Jacobs fashion brand amid interest from potential buyers, people with knowledge of the matter said. See catwalkMarc Jacobs – Spring-Summer2024 – Womenswear – Etats-Unis – New York – ©Launchmetrics/spotlight The fashion giant has been working with advisers … Read more

Rich Chinese tourists drive luxury demand in Japan on weak yen

By Bloomberg Published Apr 17, 2024 LVMH’s first-quarter results brought reassuring signs that wealthy Chinese shoppers are splashing out on luxury items — just not in China. See catwalkLouis Vuitton – Fall-Winter2024 – 2025 – Womenswear – France – Paris – ©Launchmetrics/spotlight The world’s largest luxury group — with 75 brands ranging from Louis Vuitton … Read more

Arnault gets highest French honor in ceremony attended by Musk

By Bloomberg Published Mar 14, 2024 Bernard Arnault received France’s highest civilian honor from President Emmanuel Macron at a ceremony on Wednesday evening that included VIPs such as Elon Musk and pop stars Beyoncé and Jay-Z.  Emmanuel Macron and Bernard Arnault on June 21, 2021, in Paris, at the re-opening of La Samaritaine. – Christophe … Read more

LVMH inks accord with UAE mall developers, unveils Amazon sustainability project at COP28

Luxury and fashion giant LVMH on Tuesday announced a major accord with United Arab Emirates mall developers at COP28 in Dubai, designed to reduce water use and boost waste management. The signing of the accord – LVMH  In a related move, LVMH also unveiled a fresh Amazon sustainability project targeting biodiversity projects in Brazil, and … Read more