LVMH is promoting Laura Burdese to CEO of Bvlgari. Burdese joined LVMH Group in 2016 as CEO of Acqua di Parma, before moving over to Bvlgari in 2022 as chief marketing officer. She was then promoted ...
Bernard Arnault, chairman and CEO of LVMH, will receive the Yale Legend in Leadership Award at the Yale CEO Summit, which will take place in New York City on December 17. He was nominated by past ...
LVMH’s MC-1.91%decrease; red down pointing triangle watch division acquired a minority stake in Swiss manufacturer La Joux-Perret, the companies said Wednesday. The conglomerate’s watchmaking unit, ...
During the pandemic, profits across the global luxury sector jumped as consumers, unable to spend their disposable income elsewhere, splashed out on high-end purchases. This pulled forward a lot of ...
LVMH is exploring the sale of its 50% stake in Rihanna’s Fenty Beauty brand, which could be valued between $1 billion and $2 billion USD The potential sale is part of LVMH’s strategic shift to ...
Sarina Trangle started as a corporate news reporter in October 2024. She previously spent four years on the business desk at Newsday, covering the health industry, commercial real estate and cannabis.
Luxury giant LVMH MC2.77%increase; green up pointing triangle, the owner of Louis Vuitton, reported an improvement in sales growth, a sign the sector could be reaching a turning point from a ...
LVMH shares rose the most in almost a quarter century after the owner of Louis Vuitton and Christian Dior unexpectedly returned to sales growth, suggesting a slump in luxury demand is easing. The ...
PARIS, Oct 14 - LVMH's (LVMH.PA), opens new tab sales increased by 1% in the third quarter, driven by improved demand in China, offering some solace to a luxury goods sector grappling with a prolonged ...
LVMH is a luxury goods conglomerate with a diverse portfolio of products, and it is well-diversified globally. The company's stock price has pulled back, to the lowest valuations in recent years.
Shares of LVMH Louis Vuitoon Moet Hennessy (OTC: LVMUY) were pulling back today after the luxury conglomerate giant as investors continued to digest last week's disappointing earnings report and ...
The U.S. and E.U. agreed on a 15% tariff for most goods imported from Europe. Luxury goods will be included in the tariff. LVMH's first-half report last week showed the challenges it's facing. 10 ...