LVMH news and archive

Loewe unveils first campaign under new creative direction

Madrid – The new post-Jonathan Anderson Loewe continues to take shape with the presentation of the first campaign developed for the Spanish house by the American creative duo, Jack McCollough and Lazaro Hernandez. Appointed as the brand's new creative directors last March 2025, they are now unveiling the codes intended to evolve the brand during...

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Business

In 'an uncertain world', luxury groups wary of 2026

Paris (France) - Following a "turbulent" 2025 and in "an uncertain world", caution is the watchword for 2026 in the luxury sector, where major French groups have published mixed results. "The past year was 'turbulent economically and geopolitically (...) and 2026 will not be very simple either, but one thing at a time'," stated Bernard Arnault,...

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Business

LVMH increases stake in Loro Piana to 94 percent

Yesterday, during a conference call with analysts, LVMH chairman and chief executive officer Bernard Arnault announced that the group has strengthened its hold on the Italian brand, Loro Piana. The company conducted a partial buyout in 2025 of the brand's shares held by the Loro Piana family, as reported by Italian news agency Il Sole 24 Ore...

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Business

Goodbye DFS, hello Sephora: LVMH's major strategic shift — an analysis of the 2025 financial year

LVMH closes the 2025 financial year with a clear-sighted assessment. Following the post-pandemic euphoria, Bernard Arnault's group reported revenue of 80.8 billion euros, a 5 percent decline on a reported basis. While this headline decline is largely exacerbated by currency volatility, particularly the weakness of the dollar and yen against the...

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Business

LVMH sells its travel retail business (DFS) in China

LVMH announced on Monday the sale of its Duty Free Shops (DFS) business in China to CTG Duty-Free, a major travel retail operator headquartered in Beijing. “As part of this transaction, CTG Duty-Free will acquire the DFS stores located in Hong Kong and Macau, as well as intangible assets including a portfolio of DFS brands and intellectual...

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People

LVMH confirms new leadership for Givenchy and Christian Dior Couture

Luxury group LVMH officially announced major leadership changes at two of its flagship houses on Wednesday, January 7, 2026. Amandine Ohayon has been appointed CEO of Givenchy, while Alessandro Valenti becomes the deputy managing director of retail at Christian Dior Couture. According to a statement from the group, these appointments will take...

Culture

LVMH acquires Challenges, Sciences et Avenir and La Recherche

Luxury giant LVMH announced on Tuesday it has acquired the magazines Challenges, Sciences et Avenir and La Recherche as planned. According to a statement, the group intends to ensure their “longevity”. Businessman Claude Perdriel, who was the majority shareholder until now, had agreed to the sale for a symbolic one euro. He has now retired from...

People

LVMH appoints new managing director at Bulgari, Laura Burdese

Luxury giant LVMH announced on Thursday the appointment of Laura Burdese as managing director of the Italian jewellery brand Bulgari, effective July 1, 2026. Burdese, 54, who has served as deputy managing director since July 2024, will succeed Jean-Christophe Babin. Babin will remain chairman of the board of directors at Bulgari, “while...

Retail|Interview

Personal shopping at Le Bon Marché Paris: “Our services are available to all clients”

Bastien, head of personal shopping and private salons at Le Bon Marché (LVMH), discusses his career at the iconic Paris' department store. He covers the organisation and accessibility of these services, the central role of human connection in his profession and the inter-brand exchanges encouraged by the Virtuosos 2025 programme. What has your...

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People|CEO Profile

Pietro Beccari's career path: An example of leadership in luxury fashion

Pietro Beccari, the newly appointed chairman and chief executive officer (CEO) of LVMH Fashion Group, started his career at the University of Parma, where he became the first ‘Alumnus of the Year’. According to a 2018 university statement, the executive was the first name inscribed on the award's roll of honour. This recognition was established...

Retail

LVMH redefines craftsmanship to include retail sales associates

French luxury group LVMH has made a notable strategic shift in its definition of craftsmanship during the ‘Virtuoses 2025’ ceremony. At the event, held on Wednesday, November 19 2025, the concept of craftsmanship was broadened. While the focus was previously on production and couture ateliers, the luxury group now also positions sales roles and...

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Fashion

Vendôme: court cancels sale of town's name to Louis Vuitton

The Orléans administrative court has cancelled the 10,000 euro sale of the town of Vendôme's name to the Louis Vuitton group. The municipality, which responded in a statement on Thursday, described the appeal as having “no real legal utility”. In February 2021, the municipality approved by resolution the sale of the town of Vendôme's name to...