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Birkenstock: LVMH heir Alexandre Arnault leaves board of directors

Footwear brand Birkenstock is set to reshuffle its board of directors. Alexandre Arnault, son of LVMH chairman and majority shareholder Bernard Arnault, has resigned from his position effective August 6, 2026, due to professional commitments. The company announced that a search for a replacement is already underway. The board of directors plans...

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Business

Moncler spa closes first half with revenues up 9 percent

Today, the board of directors of Moncler spa reviewed and approved the half-year financial report as of June 30, 2026. The period ended with consolidated group revenues of 1.29 billion, an increase of 9 percent at constant exchange rates (+5 percent at current exchange rates), compared to 1.23 billion in the first half of 2025. Today, the...

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People

Berluti parts ways with Kris Van Assche

Berluti, the LVMH-owned label best known for its high-end footwear, is bidding goodbye to artistic director Kris Van Assche. The notorious three-year contract re-shuffle was perhaps not entirely unexpected after the Maison’s fashion codes (and its logo) were fully disrupted and did not achieve the growth LVMH has come to expect. Belgian designer...

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