LVMH Moet Hennessy Louis Vuitton

LVMH Moët Hennessy Louis Vuitton SE engages in the manufacture of luxury goods. It operates through the following business segments: Wines & Spirits, Fashion & Leather Goods, Perfumes & Cosmetics, Watches & Jewelry, Selective Retailing, and Other Activities & Eliminations. The Wines & Spirits segment produces and sells high quality champagne wines and sparkling wines. It also distributes vodka and white liquor. The Fashion & Leather Goods segment engages in the manufacture of luggage items, bags, accessories, shoes and clothes. The Perfumes & Cosmetics segment engages in the production and distribution of make-up, perfume and skin care products. The Watches & Jewelry segment manufactures luxury watches and accessories for men and women. It specializes in the field of chronographs and ultimate precision. The Selective Retailing segment is organized to promote an environment that is appropriate to the image and status of the luxury brands. It engages in the sale of luxury products to international travelers and on board cruise ships. This segment also manages beauty stores that combine direct access and customer assistance to customers. The Other Activities & Eliminations segment includes media division. It publishes newspapers and magazines, manages business and financial websites and holds radio stations. This segment also engages in the real estate industry and builds luxury yachts. The company was founded on January 1, 1987 and is headquartered in Paris, France.

Even with the pandemic continuing to spread and supply chains snarled around the world, LVMH Moët Hennessy Louis Vuitton saw a 29% spike in its 2022 first-quarter revenue, hitting 18 billion euros (about $19.5 billion) for the first three months of the year, according to a Tuesday (April 12) press release. Digging a bit further […]

LVMH Achieves Double-Digit Growth in Most Groups, Regions

Strong demand for Louis Vuitton and Dior products helped lift first quarter sales at the world's largest luxury goods conglomerate LVMH, showing the sector's resilience despite geopolitical tensions and volatile stock markets.

LVMH Q1 total revenue 18 billion euros vs yr ago 13.96 billion euros

LVMH Moët Hennessy Louis Vuitton, the world's leading high-quality products group, recorded revenue of 18 billion euros in the first quarter of 2022, up 29% compared to the same period in 2021. Organic revenue growth was 23%.

Good start to the year for LVMH

Luxury goods retailer LVMH collected biometric data from customers that tried on its virtual glasses, according to a proposed class action lawsuit.

LVMH collects people's facial scans without asking when they use its virtual try-on tool for glasses, lawsuit claims

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LVMH Moët Hennessy Louis Vuitton announces the availability of its 2021 Universal Registration Document (URD), in accordance with applicable regulations.

LVMH: AVAILABILITY OF THE 2021 UNIVERSAL REGISTRATION DOCUMENT

European Company with share capital of 151,427,201.70 eurosRegistered office: 22 avenue Montaigne – 75008 Paris – France775 670 417 RCS Paris

LVMH: Combined Shareholders' Meeting of Thursday, April 21, 2022 - Procedures for making available and consulting preparatory documents

The ban does not appear to impact current inventory, as well as diamonds that had already begun the journey from Russia to Tiffany suppliers.

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Bernard Arnault, 73, could extend his tenure at the helm of luxury house LVMH to the age of 80, according to a company filing ahead of its annual shareholder meeting.

LVMH boss Bernard Arnault could extend tenure to age 80

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French luxury group LVMH will "temporarily" close its 124 stores in Russia from Sunday, a group spokesperson told Reuters on Friday.

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Cartier filed a suit against Tiffany & Co. on Monday over claims that its rival stole trade secrets about a high-end product line by hiring one of its former employees.

Cartier sues Tiffany for allegedly stealing ‘High Jewelry' trade secrets

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Cartier lawsuit accuses Tiffany of stealing luxury jewelry trade secrets

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Reports say that LVMH and Ralph Lauren have spoken about combining. This could be the right deal for everyone.

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Louis Vuitton, the world's largest luxury label and part of LVMH Moët Hennessy Louis Vuitton, plans to ramp up production in France, with two new sites scheduled to open before the end of the year, LVMH boss Bernard Arnault said on Tuesday.

Louis Vuitton to ramp up production in France with 2 new sites

In LVMH's recent earnings call, CEO Bernard Arnault declared Louis Vuitton is no longer just a fashion brand but a cultural creative company. It's a timely pivot as the brand faces cultural challenges that will take creativity to navigate.

Louis Vuitton Raises Prices And Workers Walk Out, Challenging Its Creative Cultural Claim

In this article, we'll look at LVMH - or LVMH Moët Hennessy Louis Vuitton, a multinational French conglomerate with an enduring specialization into luxury. How do we value world-renowned luxury and premium? That's what we'll go into in this article.

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After starting with 200 stores in 2021, Kohl's announced the company is on track to open 400 Sephora units in 2022 and 250 units in 2023.

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The world's biggest luxury fashion brand helped LVMH achieve record revenue in 2021.

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The big brand store-in-store partnership trend saw a major new backer Tuesday (Feb. 15) as embattled department store Kohl's revealed plans to triple its recently launched Sephora venture and expand it to 400 additional locations this year — with another 250 slated to open in 2023. In a statement to the media, the Wisconsin-based retailer […]

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