LVMH news and archive

Bernard Arnault 'Honored' by Armani's consideration of LVMH

Paris - Bernard Arnault, chairman and chief executive officer of LVMH (LVMH), said on Friday he was "honoured" that his group had been named in Giorgio Armani's will as a potential partner for the Italian group. Arnault told Agence France-Presse (AFP): "Giorgio Armani, whom I had the pleasure of knowing personally, was a true genius; the only...

People

Luxury world bids farewell to Francesco Trapani

Francesco Trapani passed away yesterday evening at his home in Rome. The 68-year-old entrepreneur and manager, a descendant of the Bulgari family, led the maison, founded in 1884, as chief executive officer for three decades. The maison became one of the major global players in the luxury sector, present in jewellery, watches, fragrances,...

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Hedi Slimane invites Celine to turn the page in an Instagram story

On 6 September 2025, Hedi Slimane published an Instagram story addressed to Celine (LVMH), where he was formerly creative director. “I left Celine in October 2024,” wrote Slimane on Instagram. “I have been convinced since – and I look forward to it – that Celine will brilliantly reinvent, for its advertising campaigns and its corporate image, a...

Fashion

Jacquemus designs new look for LVMH's Veuve Clicquot champagne

Fashion designer Simon Porte Jacquemus has collaborated with Veuve Clicquot to create an exclusive bottle for La Grande Dame 2018, the champagne house's most prestigious cuvée. This limited-edition bottle will launch at Selfridges' Oxford Street store on September 10, 2025. The design reimagines the iconic yellow label, dressing the bottle in...

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Business

LVMH in talks to acquire French business magazine Challenges

Paris - Discussions are underway for the potential sale of the French business magazine Challenges to the luxury group LVMH. According to Pierre-Henri de Menthon, the magazine's editor-in-chief, negotiations are scheduled to take place in September between the Arnault family, who own LVMH, and Challenges' majority shareholder, Claude Perdriel....

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People

Prada, Jil Sander, Jack Wolfskin… An overview of new management in the fashion industry

Even during the seemingly quiet summer period, the fashion industry continues its reshuffle. From Lancel and Nike to Geox and Marni, FashionUnited has compiled the most important personnel decisions of recent months. Jil Sander: Ubaldo Minelli appointed CEO Ubaldo Minelli, chief executive officer of the Italian fashion group OTB Group, is now...

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Business

LVMH's Loro Piana: After the scandal, what are the consequences for the sector and investors?

LVMH Group once again found itself in turmoil when its Italian subsidiary Loro Piana, a house renowned for its cashmere and understated luxury, was placed under court supervision by the Milan Court last month. This exceptional decision highlights the excesses of an outsourcing system too often out of control, already singled out in other similar...

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Business

French textile industry faces challenges and opportunities in 2025

Between the law against ultra fast fashion, the (relative) drop in mergers and acquisitions, and persistent deindustrialisation, the first six months of 2025 have been somewhat turbulent and tinged with warning signs for the French textile industry. Adopted in early June, the new French law against ultra fast fashion marks a "historic turning...

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Business

Luxury sector faces challenges: Tariffs, declining sales, and economic headwinds

Paris - The global luxury sector is facing increasing challenges, grappling not only with a decline in the consumption of high-end handbags, perfumes, and designer clothing but now also contending with new tariffs on exports to the United States, a crucial market. Bernard Arnault, chairman and CEO of LVMH, acknowledged the difficult landscape....

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Business

Louis Vuitton to open new workshop in the US, announces Bernard Arnault

Leather goods maker Louis Vuitton, flagship brand of luxury giant LVMH Moët Hennessy Louis Vuitton (LVMH), will open a new workshop in the US "to meet demand", LVMH Chief Executive Officer Bernard Arnault said on Thursday. "Louis Vuitton already had a workshop in the US when I arrived at LVMH. Given the development of the house in the US, we...

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Business

LVMH considers sale of Marc Jacobs

Paris - LVMH is in discussions to sell its Marc Jacobs brand. The transaction could be worth one billion dollars. The Wall Street Journal reported this on Friday, citing sources close to the matter. The French group is discussing with several potential buyers. These include the US groups Authentic Brands Group (ABG), owner of Reebok, and WHP...

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Retail|ANALYSIS

Summer in Saint-Tropez: When the fashion industry makes the Gulf go round

An idyllic setting, the Mediterranean glistening under the summer sun, and an unparalleled vibrancy enliven the narrow streets of the village. Every year, Saint-Tropez is not content with simply being a dream destination. It transforms into an experiential incubator for the biggest luxury houses. This summer vibrancy also raises questions. How...