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...In addition to Arnault’s move, his younger brother Jean runs watchmaking at Louis Vuitton, and has relaunched the Gerald Genta and Daniel Roth brands, while his older sibling Alexandre is at Tiffany, acquired...
...LVMH will seek to bolster promotion of the group’s brands — which include fashion houses Louis Vuitton and Dior and jeweller Tiffany & Co — through projects ranging from advertising to product placement...
...As for reaching €20bn in sales, a feat only achieved at LVMH by Louis Vuitton, Motte claims the number is secondary to fuelling customer’s appetites....
...Gucci is one of luxury’s megabrands with more than €10bn in annual sales, but it has been outpaced in recent years by rivals such as LVMH’s Louis Vuitton and Chanel....
...Growth slowed in the third quarter and PE multiples have compressed, with Louis Vuitton, Moncler, and Kering all making cautious noises about 2024....
...Gucci’s momentum has been stalling for the past three years while rivals such as Dior and Louis Vuitton, owned by LVMH group, have taken off....
...In fact, if you look closely at another Only Watch entrant, from Louis Vuitton, you will see a retrograde minute indicator lurking in amongst the scribbling that decorates the dial....
...At Louis Vuitton and Proenza Schouler, the hourglass silhouette was achieved with tied belts, while at Versace, it was channelled via a vampy nipped-in coat....
...Such a pace would be slower than rival megabrands like Louis Vuitton and Chanel, but would be an improvement on the 1 per cent rise in 2022....
...Boodles embarked on a European tour, naming its high-jewellery suites after cities; the title of Harry Winston’s Majestic Escapes collection says it all; Louis Vuitton thrust us back billions of years to...
...LVMH also has a dominant business within its brand portfolio, Louis Vuitton, responsible for 55 per cent of the group’s earnings. The conclusion is straightforward....
...“Some investors would have preferred a big bang approach,” said Rambourg, especially since “brands like Louis Vuitton, Dior and Cartier have thrived on being bold”....
...Notably, it opened the Fondation Louis Vuitton exhibition space in Paris in 2014 and, four years ago with the Arnault family which controls the group, pledged €200mn towards the restoration of the city’s...
...Chanel reported sales of $15.6bn in 2021, the latest annual results it has published, up 22.9 per cent from pre-pandemic levels and making it second only to Louis Vuitton among luxury brands by revenue....
...The Italian brand has increased revenue more slowly than larger rivals like LVMH-owned Louis Vuitton and Hermes in recent years, and it will be up to De Sarno to reverse the trend....
...When we last speak, Pharrell Williams has just been appointed creative director of menswear at Louis Vuitton....
...Vuitton and Dior in recent years....
...The socks were an instant hit and became the bulk of the business; over the years the company has supplied Victoria Beckham and Louis Vuitton, among others....
...Those early shows were “strictly for clients,” recalls Louis Vuitton CEO Michael Burke, then the head of Dior’s US operation....
...Like other luxury groups, it has also been putting through price increases at Louis Vuitton and other brands to offset inflationary pressures....
...There was something natural about the Louis Vuitton show too. The brand’s menswear line is without an artistic director following the death of Virgil Abloh last November....
...Louis Vuitton raised prices 7 per cent late last month after jumps of 10 per cent in 2021 and 4 per cent in 2020. Hermès lifted prices 3.5 per cent last year compared with 1.5 per cent previously....
...Sales growth at the unlisted French brand even outpaced that of major rivals such as Louis Vuitton owner LVMH, with a rise in comparable revenues of nearly 50 per cent from 2020 levels....
...That has been achieved to date by only Louis Vuitton and privately held Chanel, although Kering’s Gucci and Hermès are close....
...T.H.O.M Scalp Serum, £46, thishairofmine.world Hairstylist Cyndia Harvey has worked with brands such as Bottega Veneta, Simone Rocha, Louis Vuitton, Chanel and Schiaparelli, and now she’s just launched...
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