Lvmh
5 articles
G-III invests $500M in Marc Jacobs deal for expansion
G-III Apparel Group is investing approximately $500 million to fund its portion of the Marc Jacobs deal, contributing to an overall valuation understood to be around $1 billion, according to Vogue .
Luxury brands prioritize experiences as LVMH revenue dips 3%
LVMH, the world's largest luxury conglomerate, reported a 3% decline in first-quarter revenue for 2025, a stark contrast to broader market growth projections.
Beauty's ethical implications: Children under 10 targeted
The Italian Competition Authority (AGCM) has launched a formal investigation into beauty giants Benefit and Sephora, both LVMH subsidiaries.
Middle East luxury sales drop amid geopolitical turmoil
LVMH's Fashion & Leather Goods business segment, a historical powerhouse, recorded its first year-on-year decline in the first quarter, dropping 9% amidst Middle East geopolitical tensions.
Tiffany & Co. Appoints Nathalie Verdeille Chief Artistic Officer
Tiffany & Co. has appointed Nathalie Verdeille as Chief Artistic Officer, expanding her creative oversight to all product categories. This strategic move centralizes the brand's design leadership under a single vision.