All LVMH articles
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NewsLVMH reports record year despite economic and geopolitical environment
LVMH achieved a record year in 2022 and remains confident for growth in 2023 despite economic and geopolitical challenges.
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Analysis
Tracker: Retail reacts to Russia’s invasion of Ukraine
Retail Week rounds up the actions being taken by retailers in response to Russia’s invasion of Ukraine. Last updated March 29, 2022.
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News
LVMH sales soar as luxury goods come roaring out of pandemic
Luxury goods conglomerate LVMH has steamed ahead in its second quarter, driven by soaring sales of Louis Vuitton handbags and Moët & Chandon champagne.
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News
Luxury conglomerate LVMH records year of two halves
LVMH reported an overall decline in revenues for 2020 but the final quarter showed signs of promise for the coming year.
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News
LVMH agrees to Tiffany takeover after lengthy feud
LVMH has penned a deal to buy Tiffany & Co for a lower price after a long dispute between the two luxury firms.
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News
Tiffany sues LVMH after it pulls out of $16bn takeover
The world’s largest luxury group LVMH is being sued by Tiffany after it said it was pulling out of its agreed $16.6bn takeover of the jeweller.
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News
Covent Garden signs LVMH brand Sandro and Adidas collaboration Y-3
Two clothing brands have signed to London’s Covent Garden as the shopping district continues to transform its retail offer.
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News
Revenue increase for LVMH’s Selective Retailing division
Revenue at LVMH’s Selective Retailing division, which includes beauty specialist Sephora, rose 22%, or 14% on a comparable basis, to e7.9bn (£6.8bn) in 2012. Profit from recurring operations increased 19% to e854m (£735.9m). The group said it continued to achieve “an excellent level of performance” and made market share gains ...
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News
LVMH’s Selective Retailing division reports organic sales growth
Luxury group LVMH’s Selective Retailing division reported organic sales growth over the first half-year of 16% to E3.6bn (£2.81bn), while profit soared by 30% to E373m (£191.1m). The retailer said it benefited from sustained growth in Asia and North America. The group will open three concessions at Hong Kong airport ...
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News
LVMH mulls bid for Goldsmiths owner Aurum
Luxury goods group LVMH’s private equity firm is mulling a bid for jewellery group Aurum, which operates Goldsmiths, Mappin & Webb and Watches of Switzerland.
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News
LVMH jumps 19% to reach £4.6bn
Luxury goods and specialist retailer LVMH’s retailing arm recorded revenue growth of 19% in 2010 to reach E5.4bn (£4.6bn), and posted a profit of E388m (£332m), up 38% on 2009. Travel retail operator DFS posted a strong performance attributed to the rise in international travel, notably among Asian tourists. ...
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News
EBay’s fine in LVMH court case reduced
EBay has had its fine over LVMH fakes sold on its site slashed by a French court of appeal.
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News
LVMH to acquire 70% of Brazil’s Sack’s
France-based luxury and specialty retail group LVMH is to acquire a 70% stake in Sack’s, a leading online retailer of fragrances, cosmetics and toiletries in Brazil. The operation will form part of the group’s beauty store operation, Sephora, and the acquisition will mark Sephora’s entry into the Brazilian market. Sephora ...
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News
Sales rise at LVMH’s Selective Distribution
LVMH has reported a 4% year-on-year rise in sales at its Selective Distribution business, which includes Sephora and DFS, its luxury duty free arm, to €4.38bn (£3.9bn). Profit from recurring operations was flat at €388m (£349m). LVMH said: “Sephora had a good year with further growth in revenue and profit ...
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News
eBay hit outs at French court fine over LVMH sales
Online auction site eBay has accused the French courts of “hurting consumers” and has dubbed a €1.7m fine “disproportionate” after losing a case against luxury goods group LVMH.
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News
LVMH records revenue of €7.8bn
Luxury goods retailer LVMH recorded revenue of €7.8bn (£6.7bn) in the first half, reflecting a slight increase against the same period in 2008 despite the global economic crisis and a strong comparable performance. Chairman and chief executive Bernard Arnault said: “The first-half results once again demonstrate the exceptional appeal of ...
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News
LVMH denies sale of spirits division
LVMH, the world’s largest luxury goods retailer, revealed first-quarter same-store sales fell 7 per cent and denied reports that it is to sell its wine and spirits division Moët Hennessy. In the quarter to March 31, total sales were flat at E4.02bn (£3.61bn) after demand fell for alcohol, watches and ...
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News
LVMH slashes spending for the year after income falls
French luxury retail giant LVMH has slashed its budget for new stores and cut capital expenditure by up to 15 per cent this year to help it steer through the global slowdown.
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News
LVMH reports stellar first half
Luxury retail group LVMH has said that it is confident of a strong performance in its second half, after notching up organic sales growth of 12 per cent for its first half.
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News
EBay to pay out to LVMH
Auction site eBay has been ordered by a French court to pay almost €40 million ( 31.7 million) to luxury goods group LVMH for failing to block the sales of counterfeit goods on its site.
