LVMH Moet Hennessy LV
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Faced with constant pressure to expand their businesses, fashion brands and retailers have a number of choices: they can add new merchandise lines, target customers at new price points or in new geographical markets, or attempt all three. But what is the best strategy? A new report from just-style offers advice to apparel brand managers wanting to breath new life into existing portfolios.
Luxury retail has been one of the sectors hardest hit by the global recession, as shoppers increasingly defer new purchases, spend less, or simply trade down to discounts on higher-end brands or fast fashion alternatives. However, amid signs the market is starting to stabilise, retailers are warned the post-recession luxury market will be far different from the one that came before.
With a trademark trench coat, Equestrian Knight logo and registered check pattern, Burberry is dressed for battle in the luxury goods market. This week the group posted healthy quarterly sales growth and is hoping to continue making headway in North America through its quintessentially British appeal. Joe Ayling reports.
The return of the GBP20,000 cocktail – it has diamonds instead of ice – and the GBP60 hamburger to Tokyo, heralds for some a return of the heady days of a very rich Japan and ostentatious consumption once more. It also may mean even greater times for the world’s leading fashion brands says Michael Fitzpatrick.
The Chinese economic landscape has lost some of its lustre in recent months, as consumer confidence wanes on worries about household finances, employment and prices. At the same time, the country's luxury consumers are becoming increasingly sophisticated - which means brands such as Gieves & Hawkes are having to justify their prices with a strong story about their provenance. Petah Marian reports.
Luxury goods group LVMH has created an internal carbon fund – already valued at over EUR5m (US$5.4m) – aimed at reducing the amount of energy consumed at its production sites and stores.
An “excellent start to the year” for LVMH’s fashion and leather goods division helped the group post an increase in revenue and profit in its first-half.
“Strong creative momentum” at Louis Vuitton helped LVMH’s fashion and leather goods division to post a double-digit revenue increase and slight incline in full-year profit.
L Capital Asia, the private equity firm backed by luxury goods group LVMH Moët Hennessy Louis Vuitton, has acquired a controlling stake in Australian swimwear company Seafolly.
Shareholders of French luxury goods companies LVMH have approved plans to redistribute the shares it holds in Hermès International to end a long-running legal dispute between the two firms.
French luxury goods companies LVMH has outlined plans to redistribute the shares it holds in Hermès International on 17 December to end a long-running legal dispute between the two firms.
Vivarte chairman and CEO Marc Lelandais has stepped down after failing to reach an agreement with the fashion retailer's new shareholders on its future strategy.
French luxury goods company LVMH Moët Hennessy Louis Vuitton has tapped former Giorgio Armani executive Caroline Brown as CEO of Donna Karan International.
A long-running legal dispute between luxury goods group LVMH Moët Hennessy Louis Vuitton and search engine Google has come to an end after the two companies said they would instead work together to fight fakes on the Internet.
French luxury goods companies LVMH and Hermès have ended a long-running legal dispute over the former's shareholding in the latter.
French luxury goods giant LVMH Moët Hennessy Louis Vuitton posted flat first-half earnings for its fashion and leather goods division, despite "strong creative momentum" at its Louis Vuitton brand.
The global luxury goods sector remains resilient, despite a tougher consumer market, with French luxury goods giant LVMH topping the list of the largest companies in the sector.
The fashion and leather goods business of French luxury goods giant LVMH Moët Hennessy Louis Vuitton performed better than analyst expectations in the first quarter as sales climbed.
SMCP Group, which operates the French fashion brands Sandro, Maje and Claudie Pierlot, has appointed former Ralph Lauren international head Daniel Lalonde as CEO.
UK luxury fashion company Mulberry Group has appointed Steven Newey to the newly-created role of group commercial director.
Luxury company LVMH Moët Hennessy Louis Vuitton is setting up a joint venture with Marco De Vincenzo to help the Italian designer develop his own fashion house.
Ralph Lauren Corporation is ramping up the global growth and expansion of its luxury business under the guidance of Valérie Hermann, the former CEO of Reed Krakoff.
Luxury firm Christian Dior Group has booked a 2% increase in first-half profit, buoyed by a strong performance at its high-end Couture division.
French luxury goods giant LVMH Moët Hennessy Louis Vuitton saw earnings decline at its fashion and luxury goods division in fiscal 2013 due to investments in repositioning its Louis Vuitton brand.
India’s luxury goods market has been largely unaffected by the country’s economic slowdown and is poised to expand threefold in the next three years, according to new research.
Lululemon Athletica founder and chairman Chip Wilson has decided to step down as the Canadian sportswear brand named Laurent Potdevin as its new CEO.
Apparel business Ralph Lauren has today (9 December) confirmed the departure of Daniel Lalonde, president of the company's international division.
Moët Hennessy Louis Vuitton LVMH has named Antoine Arnault chairman of Loro Piana, adding to his existing responsibilities as Berluti chief executive.
Luxury goods powerhouse LVMH Moët Hennessy Louis Vuitton and Kering, owner of upmarket brands Gucci, Bottega Veneta and Yves Saint Laurent, both reported accelerated sales growth last week, thanks to higher demand in Europe and Asia.
LVMH Moet Hennessy Louis Vuitton SA (MC) - Financial and Str
LVMH Moet Hennessy Louis Vuitton SA (LVMH) is a luxury goods manufacturing and marketing company....
Designer Apparel and Footwear (Ready-To-Wear) in Brazil
Strong economic growth at the start of the review period resulted in a burgeoning and aspirational mid-income group in Brazil, while high-income consumers began to spend more freely....
Luxury Goods Retailing in Europe, 2014-2019 ; Market & Categ
Luxury goods retail sales in Europe generated US$116.4 billion in 2014. Many European countries are popular as tax free shopping destinations among tourists....
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