LVMH Moët Hennessy Louis Vuitton, usually referred to as LVMH, is a French luxury conglomerate with a portfolio covering luxury fashion, jewellery, watches, perfume and drinks. Its brands include Louis Vuitton, Dior, Tiffany, Givenchy, Stella McCartney, Hennesy and Moët & Chandon. Retail Week provides news, analysis, features and opinion about LVMH and the luxury retail sector.
The chief information officer of luxury retail group LVMH has said he believes agentic AI is the “future of sales” and will transform the customer experience.
LVMH has entered a definitive agreement to sell its Marc Jacobs brand to US brand firm WHP Global, which owns Vera Wang and Rag & Bone.
Frasers Group has sold Matches to the founders of members-only shopping app Mile, who will relaunch the luxury platform next year.
Luxury brand Chanel and jewellery retailer Pandora are the latest businesses to report that customer data has been stolen in cyberattacks.
Luxury retail group LVMH has recorded a slight dip in revenue, despite Sephora continuing to perform strongly.
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