Tag #Lvmh

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forbes.com

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Sep 16, 19:25

Sephora's Growth Driven by Inclusivity and Omnichannel Strategy

Sephora, a LVMH-owned beauty retailer, has tripled sales in the past decade and doubled post-pandemic earnings, fueled by a focus on inclusivity and an omnichannel approach that blurs the lines between online and physical shopping.

Sephora's Growth Driven by Inclusivity and Omnichannel Strategy

Sephora, a LVMH-owned beauty retailer, has tripled sales in the past decade and doubled post-pandemic earnings, fueled by a focus on inclusivity and an omnichannel approach that blurs the lines between online and physical shopping.

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What is the primary driver of Sephora's significant sales growth and profitability?

Sephora's growth is attributed to its inclusive vision, unique product curation ('a view on beauty'), and an omnichannel strategy that leverages physical stores for online fulfillment and creates seamless customer experiences. This approach, coupled with a focus on employee development, drives customer loyalty and surpasses market growth.

dw.com

🌐 85% Global Worthiness

Aug 19, 13:21

LVMH Profit Down 15% Amidst Luxury Market Slowdown

LVMH, owner of Louis Vuitton and Dior, reported a 4% revenue drop and 15% decline in operating profits in the first half of 2024, reflecting a broader slowdown in the luxury goods market due to reduced consumer spending, geopolitical uncertainty, and US tariffs.

LVMH Profit Down 15% Amidst Luxury Market Slowdown

LVMH, owner of Louis Vuitton and Dior, reported a 4% revenue drop and 15% decline in operating profits in the first half of 2024, reflecting a broader slowdown in the luxury goods market due to reduced consumer spending, geopolitical uncertainty, and US tariffs.

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Reduced Inequality

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What is the primary cause of LVMH's recent financial downturn, and what are its immediate consequences?

LVMH, the luxury goods giant, saw its stock price decline significantly after a post-COVID boom, with half-year results showing a 4% revenue decrease and a 15% drop in operating profits. This downturn affects various sectors, including wine, spirits, fashion, and leather goods, although watches, jewelry, perfumes, and cosmetics remained stable.

d.repubblica.it

🌐 85% Global Worthiness

Jun 2, 13:14

Jonathan Anderson: Dior's First All-Encompassing Creative Director

Jonathan Anderson, 41, becomes the first creative director to lead all three Dior collections (menswear, womenswear, and haute couture), succeeding Kim Jones and Maria Grazia Chiuri; his debut menswear collection will be shown June 27th in Paris, with womenswear to follow in October.

Jonathan Anderson: Dior's First All-Encompassing Creative Director

Jonathan Anderson, 41, becomes the first creative director to lead all three Dior collections (menswear, womenswear, and haute couture), succeeding Kim Jones and Maria Grazia Chiuri; his debut menswear collection will be shown June 27th in Paris, with womenswear to follow in October.

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How did Anderson's previous work at Loewe influence his appointment, and what challenges does he face at Dior?

Anderson's appointment marks a significant shift for Dior, capitalizing on his success in revitalizing Loewe (another LVMH brand) over the past 11 years. His innovative designs and viral marketing strategies have established Loewe as a key player in the luxury market, making him an ideal candidate for this high-profile role.

us.cnn.com

🌐 85% Global Worthiness

Jun 2, 13:14

Jonathan Anderson Appointed New Dior Creative Director

Jonathan Anderson, former Loewe creative director, was appointed Dior's creative director on June 2nd, 2025, succeeding Maria Grazia Chiuri and Kim Jones; this follows analysts' concerns about Dior's innovation challenges within the luxury sector.

Jonathan Anderson Appointed New Dior Creative Director

Jonathan Anderson, former Loewe creative director, was appointed Dior's creative director on June 2nd, 2025, succeeding Maria Grazia Chiuri and Kim Jones; this follows analysts' concerns about Dior's innovation challenges within the luxury sector.

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How does Anderson's appointment reflect broader trends in the luxury fashion industry?

Anderson's appointment is part of a broader trend of designer changes at major luxury brands, reflecting an industry overhaul. His playful, quirky designs and successful tenure at Loewe, where he boosted the brand's profile and collaborated with artists and celebrities, make him a valuable asset to Dior. LVMH, Dior's parent company, aims to leverage Anderson's creative vision to revitalize the brand and address its challenges.

liberation.fr

🌐 75% Global Worthiness

May 2, 16:14

Moët Hennessy to Cut 10% of Workforce Amidst Sales Decline

Moët Hennessy, facing an 11% revenue drop in 2024 to €5.9 billion due to slowing global demand and post-Covid market normalization, will cut 10% of its workforce (1000-1200 jobs) via attrition, avoiding layoffs, to return to 2019 staffing levels.

Moët Hennessy to Cut 10% of Workforce Amidst Sales Decline

Moët Hennessy, facing an 11% revenue drop in 2024 to €5.9 billion due to slowing global demand and post-Covid market normalization, will cut 10% of its workforce (1000-1200 jobs) via attrition, avoiding layoffs, to return to 2019 staffing levels.

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What are the immediate consequences of Moët Hennessy's decision to reduce its workforce by 10%, and how will this impact the company's operations?

Moët Hennessy, a LVMH subsidiary, plans to cut 10% of its workforce (1000-1200 jobs) due to a decline in sales in 2024 and slowing global demand. The company will achieve this through attrition and not filling vacant positions, avoiding layoffs. This follows an 11% drop in revenue to €5.9 billion in 2024 and an 8% drop in Q1 2025.

lefigaro.fr

🌐 85% Global Worthiness

Apr 17, 16:15

Arnault Urges Swift Resolution to EU-U.S. Trade Tensions

LVMH CEO Bernard Arnault called on Thursday for a swift resolution to trade tensions between the EU and the U.S., advocating for a free trade zone and criticizing the EU's bureaucracy, warning of increased American production if tariffs rise.

Arnault Urges Swift Resolution to EU-U.S. Trade Tensions

LVMH CEO Bernard Arnault called on Thursday for a swift resolution to trade tensions between the EU and the U.S., advocating for a free trade zone and criticizing the EU's bureaucracy, warning of increased American production if tariffs rise.

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What are the immediate economic implications of the ongoing trade tensions between the EU and the U.S. for luxury goods companies like LVMH?

LVMH CEO Bernard Arnault urged European leaders to resolve trade tensions with the U.S. amicably, even suggesting a free trade zone. He criticized Brussels' bureaucracy and expressed concern over new U.S. tariffs impacting LVMH. Arnault highlighted the vital importance of these negotiations for French businesses, contrasting the EU's approach with Britain's more pragmatic negotiation style.

lefigaro.fr

🌐 85% Global Worthiness

Sep 10, 04:17

Potential Bolloré Acquisition of Le Parisien Raises Concerns

Amidst rumors, Le Parisien's staff express deep concern over a potential sale to Vincent Bolloré, with LVMH, the current owner, remaining silent.

Potential Bolloré Acquisition of Le Parisien Raises Concerns

Amidst rumors, Le Parisien's staff express deep concern over a potential sale to Vincent Bolloré, with LVMH, the current owner, remaining silent.

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Why is LVMH considering selling Le Parisien?

LVMH is reportedly seeking to divest Le Parisien due to its significant annual losses, estimated at €30 million. The impending major French elections may also be a factor in the timing of a potential sale.

faz.net

🌐 85% Global Worthiness

Jul 16, 01:13

Loro Piana Faces State Administration for Worker Exploitation

The Milan prosecutor placed Loro Piana, an LVMH-owned luxury brand, under state administration for a year due to accusations of worker exploitation in its Italian supply chain, involving illegal employment practices and unsafe working conditions at subcontracted workshops; this follows similar actio...

Loro Piana Faces State Administration for Worker Exploitation

The Milan prosecutor placed Loro Piana, an LVMH-owned luxury brand, under state administration for a year due to accusations of worker exploitation in its Italian supply chain, involving illegal employment practices and unsafe working conditions at subcontracted workshops; this follows similar actio...

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What immediate consequences stem from the Milan prosecutor's allegations of worker exploitation within Loro Piana's supply chain?

In Italy, Loro Piana, a luxury brand owned by LVMH, faces a year of state administration due to accusations of worker exploitation in its supply chain. The Milan prosecutor alleges insufficient supplier oversight, leading to unsafe conditions and illegal employment practices in subcontracted workshops. This follows similar accusations against other luxury brands, highlighting systemic issues within the industry.

cnn.com

🌐 85% Global Worthiness

Jun 2, 13:14

Jonathan Anderson Appointed New Dior Creative Director

Jonathan Anderson, 40, was named Dior's new creative director on June 2nd, 2025, succeeding Maria Grazia Chiuri and Kim Jones, marking a significant change for the LVMH-owned brand amidst a broader industry overhaul and following his departure from Loewe.

Jonathan Anderson Appointed New Dior Creative Director

Jonathan Anderson, 40, was named Dior's new creative director on June 2nd, 2025, succeeding Maria Grazia Chiuri and Kim Jones, marking a significant change for the LVMH-owned brand amidst a broader industry overhaul and following his departure from Loewe.

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What are the potential long-term consequences of Anderson's design choices for Dior's brand identity and market position?

Anderson's unique approach, blending high fashion with quirky, unconventional elements, could disrupt Dior's established aesthetic, potentially alienating some loyal customers while attracting a new generation of consumers. The success of this strategy will depend on how well Dior's existing clientele embraces this change, and the overall response in the luxury market. His cultural influence beyond fashion, evidenced by his work in film and art, could elevate Dior's brand image.

theguardian.com

🌐 75% Global Worthiness

May 20, 04:08

Balenciaga Appoints New Creative Director Amidst Industry Shake-Up

Pierpaolo Piccioli replaces Denma as Balenciaga's creative director in October 2025, marking a shift from the brand's "memecore" style following a 12% revenue drop at parent company Kering in 2024 and recent controversies.

Balenciaga Appoints New Creative Director Amidst Industry Shake-Up

Pierpaolo Piccioli replaces Denma as Balenciaga's creative director in October 2025, marking a shift from the brand's "memecore" style following a 12% revenue drop at parent company Kering in 2024 and recent controversies.

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What is the significance of Pierpaolo Piccioli's appointment as Balenciaga's creative director?

Pierpaolo Piccioli, known for his elegant designs at Valentino, replaces Denma as Balenciaga's creative director. This follows Denma's move to Gucci and reflects a shift from Balenciaga's previous "memecore" approach. Piccioli's first collection will debut in October 2025.

lefigaro.fr

🌐 85% Global Worthiness

Apr 17, 13:16

LVMH Sales Drop, Market Cap Loss to Hermès

LVMH's first-quarter sales fell 2% to €20.3 billion, causing an 8% stock drop and loss of its top CAC 40 market cap position to Hermès; CEO Bernard Arnault's tenure may be extended to age 85.

LVMH Sales Drop, Market Cap Loss to Hermès

LVMH's first-quarter sales fell 2% to €20.3 billion, causing an 8% stock drop and loss of its top CAC 40 market cap position to Hermès; CEO Bernard Arnault's tenure may be extended to age 85.

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What are the immediate consequences of LVMH's disappointing first-quarter sales, and how significantly does this impact its global standing?

LVMH, the world's leading luxury group, experienced an 8% stock market drop following disappointing first-quarter sales, down 2% to €20.3 billion. This decline caused LVMH to lose its position as the CAC 40's top market capitalization to Hermès. The decreased sales were attributed to macroeconomic uncertainties and a lack of visibility on external factors, particularly impacting the US market where LVMH generates 25% of its revenue.

abcnews.go.com

🌐 85% Global Worthiness

Apr 17, 22:11

Arnault Urges US-EU Free Trade Zone Amidst Trade Tensions

LVMH CEO Bernard Arnault called on Thursday for a free trade zone between the EU and the US, warning that unresolved trade tensions could severely harm European industries, particularly luxury goods companies like his own, which saw a 7.8% share drop this week and is considering further expanding it...

Arnault Urges US-EU Free Trade Zone Amidst Trade Tensions

LVMH CEO Bernard Arnault called on Thursday for a free trade zone between the EU and the US, warning that unresolved trade tensions could severely harm European industries, particularly luxury goods companies like his own, which saw a 7.8% share drop this week and is considering further expanding it...

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What are the long-term implications of the current trade climate for the future of European manufacturing and investment strategies?

Arnault's comments suggest a potential shift in global manufacturing strategies due to trade policies. The pressure on companies like LVMH to adjust production based on tariffs could lead to further investment in countries with favorable trade agreements and tax environments. Increased US production may not always be profitable, as seen in the underperformance of the Texas facility. This underscores the need for a careful analysis of economic conditions and trade policy.

Showing 1 to 12 of 33 results