Anyone who takes a quick look at the news over the past year will have noticed one business trend: takeovers, takeovers and takeovers. Various fashion groups seem to be actively in the acquisition game, while other companies were presented with an opportunity that they could not turn down. To sum it all up: these were the most notable...
Dec 30, 2021
As a part of its new employer brand signature, LVMH has presented Craft the Future, an exclusive series focusing on talents within the company. Every episode highlights the means through which employees create the future of luxury, using the brand’s four core values. These values are innovation and creativity, entrepreneurial spirit, quest for...
People for the Ethical Treatment of Animals (PETA) has revealed a new investigation into the LVMH supply chain, exposing concerning conditions of animals used for some of the brand’s products. The luxury conglomerate, which owns the likes of Dior and Celine, has been called out by the Asian branch of the animal welfare group for the conditions...
Dec 23, 2021
LVMH Moët Hennessy Louis Vuitton S.E. (LVMH), a French luxury goods company, on Tuesday said that it has granted an irrevocable mandate to an investment services provider for the acquisition of a maximum of 300 million euros of its shares. The acquisition is expected to begin from December 21, and is expected to continue until February 15, 2022....
Dec 21, 2021
French luxury behemoth LVMH will pay 10 million euros (11.3 million dollars) to settle claims that it hired France's former domestic intelligence chief to spy on private citizens, in particular on a filmmaker who made a widely popular documentary targeting the group's CEO. A Paris court on Friday validated the settlement offered by prosecutors,...
Dec 17, 2021
During the holiday season the gift of jewelry is given as a symbol of love and celebration. Precious stones in exquisite settings are slipped into satin-lined branded boxes, and purchased by well-intentioned consumers to present to their loved ones. Rubies from Myanmar are thought to be the finest in the world but the origin of these gems often...
Dec 16, 2021
This year marks the 200th anniversary of the birth of Louis Vuitton, but also a point of inflexion for LVMH. The world’s largest luxury group has recorded 46 percent revenue growth in the first three quarters, delivered record first-half organic growth for its Fashion & Leather Goods division and pioneered the conquest of the future luxury...
Dec 13, 2021
Thelios, the eyewear company founded by LVMH in partnership with Marcolin in 2017, will now be under its full control. The Paris-based luxury group bought the remaining 49 percent stake in the eyewear producer, which draws on Italian design and craftsmanship to manufacture the high-end glasses of its Maisons including Fendi, Givenchy, Celine and...
Dec 12, 2021
Luxury conglomerate LVMH has officially opened its applications for the ninth edition of the LVMH Prize, with applications to be submitted through its official website. Entries must be proposed by January 30 2022, with the semi-final set to take place March 2. The semi-final ceremony will be available for public viewing online and through social...
Dec 9, 2021
A new report by Stand.Earth has highlighted how the world’s biggest fashion companies, including, Zara, Nike, Prada, LVMH and Adidas are potential contributors to deforestation in the Amazon rainforest. The cattle industry, which includes the procurement of leather, is the single largest driver of deforestation. Fashion linked to deforestation...
Dec 6, 2021
Luxury fashion conglomerate LVMH has released a short social media series on its employees, centred around three representatives within different divisions of the company, each talking about their jobs, inspirations and passions. Entitled ‘The Doers’, the series comes as a response to the pandemic crisis and the effect it has had on different...
Nov 18, 2021
The Aura Blockchain Consortium, founded by LVMH, Prada Group, and Cartier, part of Richemont, and OTB Group, have announce a partnership with Bain & Company. The addition of Bain & Company as the exclusive knowledge partner aims to guarantee a world-class onboarding and strategy development for luxury brands working with Aura. Accessible...
Nov 16, 2021
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