Louis Vuitton news and archive

Luxury group LVMH records 23 percent growth in revenue and profit

Luxury conglomerate LVMH Moët Hennessy Louis Vuitton recorded revenue of 79.2 billion euros in 2022 and profit from recurring operations of 21.1 billion euros, both up 23 percent. The company said in a statement that all business groups under its portfolio achieved significant organic revenue growth. Fashion & leather goods reported organic...

Jan 27, 2023

Fashion Featured

Paris brings newness and question marks to Fall 2023 menswear

Paris men’s fashion week took place during another of France’s notorious strikes. This time the protests rallied against the government’s proposal to raise the retirement age from 62, one of the youngest in the world, to 64. The youth-led fashion industry is one of many where older workers struggle to be hired, but some sectors, like France’s...

Jan 23, 2023

Fashion

All eyes on popstar Rosalia at extravagant Louis Vuitton show

Pop superstar Rosalia grabbed all the attention at the Louis Vuitton show in Paris on Thursday, almost to the point of distracting from the clothes. The French label spared no expense for the most anticipated show of menswear fashion week, with a vast hangar constructed alongside the Louvre, containing a stage made up like an open-plan house for...

Jan 20, 2023

Retail

Harrods is painted in dots in latest Louis Vuitton x Kusama collaboration

Luxury department store Harrods is taking experiential retailing to a new level with its latest transformation featuring Louis Vuitton and artist Yayoi Kusama’s collaboration. Ms Kusama, a Japanese octogenarian, is famous for her use of dots, installations and sculptures, which for this project has not only covered Louis Vuitton handbags, but...

Jan 18, 2023

PeopleFeatured

LVMH announces changes at the top, but who will be the next Louis Vuitton men's designer?

A change of the guards at LVMH has seen a shuffling of management at the Group’s biggest brands, but a successor to Virgil Abloh at Louis Vuitton remains a mystery. On Tuesday Louis Vuitton revealed a collaboration with Brooklyn-based designer KidSuper, who some have suggested could be next at the helm of its menswear brand. Announcing a...

Jan 11, 2023

ManagementFeatured

LVMH appoints Pietro Beccari as Louis Vuitton CEO

Pietro Beccari, who has headed Christian Dior Couture since 2018, becomes chairman and chief executive officer of Louis Vuitton. LVMH said in a statement that Beccari succeeds Michael Burke, who will take up new responsibilities, reporting directly to Bernard Arnault, chairman and chief executive officer of LVMH, after spending ten years as the...

Jan 11, 2023

Fashion Featured

KidSuper’s Colm Dillane co-creates Louis Vuitton AW23 collection

Following the death in 2021 of creative director Virgil Abloh , the Louis Vuitton Homme studio team took the reins and imagined, season after season, the men's collections of the luxury label. But things are changing. Louis Vuitton's autumn/winter 2023/24 collection was, this time, co-designed with Colm Dillane, founder of the KidSuper label....

Jan 10, 2023

Business

Chanel was most active luxury brand on China’s WeChat in 2022

By the end of 2022, Chinese social media platform WeChat had garnered around 1.31 billion monthly users, according to Statista. A figure that came surprisingly close to the country’s 1.4 billion population, putting a definitive spotlight on the app’s expansive user base. Its presence in the region means it is an important site for brands,...

Jan 10, 2023

Fashion |OPINION Featured

Louis Vuitton after Virgil Abloh: A ship without a captain?

A year ago, the fashion world bade farewell to Virgil Abloh. His creative legacy is a powerful one - full of hope, inclusion and streetwear. Abloh was considered multi-talented, a designer, DJ and master of collaboration. He never much liked the title of a designer, referring to himself as a "maker" instead - for his work was about more than...

Jan 4, 2023

Business

Louis Vuitton to produce bags in new Italian workshop

Tuscany, Italy’s destination for the manufacturing of luxury leather goods, will soon get a new factory operated by LVMH. The French luxury group said it plans to produce Louis Vuitton bags and other leather accessories, according to Reuters. It will be the group’s third factory in the region. Located in the small town of Sieci, the news first...

Dec 19, 2022

Business

Is Europe the best place to buy luxury goods?

The strong dollar has meant Europe is the best place to buy luxury goods, as equal pricing strategies in global markets has proven not to work after the pandemic, along with current currency fluctuations. In Milan and Paris, two of Europe’s capitals for fashion and luxury goods, American tourists are spending 80 percent more when compared to the...

Nov 16, 2022

Fashion

Heir to Louis Vuitton burgled in Paris

The Paris home of an heir of the Louis Vuitton luxury empire was burgled at the weekend, sources close to the case said Monday, with thieves taking high-end watches, jewelry and bags. Benoit-Louis Vuitton, a sixth generation descendant of the fashion house's founder, lives in the swanky seventh district of the capital near the Invalides military...

Nov 14, 2022