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FRANCE: LVMH rejects regulator findings over Hermès stake

20 May 2013

LVMH says it "vigorously contests" the conclusions of a leaked report by France's financial markets regulator that it carefully prepared, over several years, an increase in its shareholding in luxury fashion goods rival Hermès.

FRANCE: LVMH Q1 fashion sales growth slows

16 April 2013

Luxury goods powerhouse LVMH Moët Hennessy Louis Vuitton has seen its first-quarter sales growth slow at its fashion and leather goods division.

FRANCE: KKR in talks to acquire French fashion labels

3 April 2013

Private-equity firm KKR last week began exclusive negotiations aimed at acquiring a controlling stake in the holding company of French fashion labels, Sandro et Maje and Claudie Pierlot, (SMCP).

FRANCE: New probe into LVMH's acquisition of Hermès shares

15 March 2013

France's public prosecutor has opened a judicial inquiry into luxury firm LVMH's acquisition of shares in rival Hermès more than two years ago.

FRANCE: Christian Dior posts nine-month sales growth

5 March 2013

Christian Dior has posted an increase in nine-month revenue, driven by growth at its fashion and leather goods business.

FRANCE: LVMH acquires stake in Maxime Simoens

21 February 2013

Luxury goods powerhouse LVMH Moet Hennessey Louis Vuitton has acquired a stake in the business founded by French couture designer Maxime Simoens.

EU: To discuss ways of boosting the fashion industry

13 February 2013

European Commission vice president Antonio Tajani is set to meet with European fashion companies to discuss measures to reinforce the growth and competitiveness of the European fashion industry.

FRANCE: Louis Vuitton reports another year of record sales

31 January 2013

LVMH Moet Hennessey Louis Vuitton saw full year profit rise as the Louis Vuitton brand reported another record year of sales.

UK: Thomas Pink names Merriman CFO

7 January 2013

UK shirt maker Thomas Pink has appointed Andrew Merriman as its new chief financial officer.

FRANCE: Louis Vuitton CEO Constans steps down

19 December 2012

Jordi Constans, chief executive officer of the Louis Vuitton brand, is leaving the luxury label after just a month in the role because of a "significant health issue" it was announced yesterday (18 December).

Global news roundup

22 October 2012

The following is a round-up of apparel and footwear news from the world's local media. just-style has not checked these stories so cannot guarantee their accuracy.

FRANCE: LVMH posts third-quarter sales increase

16 October 2012

Luxury goods powerhouse LVMH Moët Hennessy Louis Vuitton has booked a 15% increase in third quarter revenue on the back of its strong performance in the US.

FRANCE: Preliminary probe opens on Hermès-LVMH spat

16 October 2012

France's public prosecutor has opened a preliminary investigation following the lawsuit lodged by Hermès against rival luxury goods firm LVMH earlier this year over the way it acquired shares in the firm in 2010.

US: LVMH North America chief steps down

5 October 2012

The president of LVMH North America, Renaud Dutreil, has stepped down from his post.

FRANCE: LVMH could face sanctions over Hermès stake

3 October 2012

Louis Vuitton Moët Hennessy (LVMH) could face sanctions relating to the way it increased its stake in rival luxury French fashion label, Hermès International, according to the head of France's financial markets regulator.

just-style management briefing: International brands eye emerging markets

1 October 2012

While the focus on emerging markets for the big international clothing companies has traditionally been to view them as outsourcing opportunities, there are a lot of people with a lot of money in these countries. So go-ahead Western brands are seeking to gain a presence in emerging markets, hoping to reap dividends as their economies grow.

just-style management briefing: Suppliers developing their own design hubs

1 October 2012

The growth in outsourcing has been the most important trend in the clothing and textile sector in the past decade, with emerging market countries offering increasingly reliable and sophisticated services. While the recession has put paid to a lot of talk about emerging market suppliers developing their own design hubs, the idea is still very much alive.

FRANCE: Hermès revives spat over LVMH stake

5 September 2012

Luxury French fashion label Hermès International on Tuesday (4 September) confirmed it had filed a lawsuit against French rival Louis Vuitton Moët Hennessy (LVMH) earlier this summer over "the circumstances through which LVMH acquired shares in Hermès in 2010."

INDIA: L Capital coy on talks to create luxury fashion house

6 August 2012

Private equity firm L Capital has remained coy on rumours it is in talks with Indian designers to create an luxury fashion house in India, similar to LVMH Moet Hennessy Louis Vuitton.

just-style management briefing: Latam consumers follow global brand trends

3 August 2012

Louis Vuitton, Gucci and Salvatore Ferragamo are Latin America's leading luxury brands, according to industry observers who add the region's elite follow global trends when it comes to choosing their favourite labels.

just-style management briefing: Latin America luxury market could overtake China

1 August 2012

It's no secret that China continues to steal the bulk of the world's luxury apparel and goods sales, accounting for some 50% of the total. But with China's growth rate forecast to slow in 2016, luxury houses could be forced to expand in other markets - with Latin America topping that list.

FRANCE: LVMH hails "excellent" H1 as profit jumps 28%

27 July 2012

Luxury group LVMH Moët Hennessy Louis Vuitton said it is confident about the second half of the year after posting a jump in first-half net profit.

EU: Signals new initiatives to protect clothing sector

21 June 2012

Senior figures in leading European fashion houses and high-end industries have been told by the European Commission that a number of key initiatives "to boost creativity in the sector" will be announced by Brussels towards the end of the year.

FRANCE: LVMH to buy made-to-measure brand Arnys

15 June 2012

Luxury group LVMH Moët Hennessy Louis Vuitton has announced the acquisition of made-to-measure men's wear brand Arnys.

US: Bluefly hires Erdman as SVP of merchandising

12 June 2012

Online luxury retailer Bluefly has today (12 June) named former Saks Fifth Avenue and LVMH executive Scott Erdman as its new senior vice president of merchandising.

FRANCE: Mussault to head Lectra's marketing and communication

24 May 2012

Technology firm Lectra has appointed Emmanuel Mussault as director of marketing intelligence and communication to increase the company's brand awareness.

SINGAPORE: L Capital Asia appoints Mehra as MD

18 May 2012

L Capital Asia has appointed former Tommy Hilfiger executive Uday Mehra as managing director of the LVMH backed Asian private equity fund.

FRANCE: LVMH to acquire Les Tanneries Roux

4 May 2012

Luxury goods group LVMH Moët Hennessy has announced plans to acquire French tannery Les Tanneries Roux.

FRANCE: Christian Dior Q1 continues “excellent momentum”

19 April 2012

Christian Dior Couture posted strong revenue growth in the first quarter of 2012, boosted by “particularly fast growth” in Asia and in the US.

FRANCE: Fashion drives LVMH Q1 revenue surge

18 April 2012

Luxury goods powerhouse LVMH Moët Hennessy Louis Vuitton has recorded a 25% surge in first quarter revenues, boosted by a strong performance from the company’s fashion and leather goods division.

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