Prada, Miu Miu sales jump as Italian fashion group draws fans
By Bloomberg Published Mar 7, 2024 Prada SpA sales jumped as the Italian group saw strong demand for some of its hippest products, like brushed leather loafers and Miu Miu …
Moet Hennessy
Senior Louis Vuitton executive set to join LVMH Fashion Group
By Bloomberg Published Mar 6, 2024 A top Louis Vuitton executive is set to join the LVMH fashion group, the division of the luxury conglomerate that houses labels including Celine …
Elon Musk loses world’s richest person title to Jeff Bezos
By Bloomberg Published Mar 4, 2024 For the first time in more than nine months, Elon Musk is no longer the world’s richest person. Musk lost his position atop the …
Hermes expands in Hong Kong betting on return of luxury shoppers
By Bloomberg Published Feb 2, 2024 French luxury giant Hermes International SCA is expanding its store in one of Hong Kong’s most high-end shopping malls, adding to signs premium brands …
LVMH’s Arnault set to propose sons Alexandre, Frederic for company’s board
By Bloomberg Published Jan 22, 2024 Bernard Arnault plans to appoint two of his sons to the board of LVMH Moet Hennessy Louis Vuitton SE, as the French billionaire continues …
Chanel changes the guard amid weaker luxury demand
By Bloomberg Published Jan 12, 2024 Chanel has seen several executives leave the luxury fashion house in recent months amid a slowdown in demand for the sector’s pricey goods. See …
L’Oreal confident on China despite tensions over trade secrets
By Bloomberg Published Jan 10, 2024 L’Oreal SA remains confident on the potential of the Chinese market despite tensions over the level of ingredient disclosure the country is requesting from …
L’Oréal Heir Francoise Bettencourt Meyers becomes first woman with $100bn fortune
By Bloomberg Published Dec 29, 2023 Francoise Bettencourt Meyers became the first woman to amass a $100 billion fortune, marking another milestone for the heiress and for France’s expanding fashion …
China’s A-list flock to Hong Kong for Louis Vuitton’s first show
By Bloomberg Published Nov 30, 2023 Some of China’s most popular celebrities and K-drama stars gathered at Louis Vuitton’s first ever fashion show in Hong Kong, as the luxury brand …
Birkenstock shares extend rally, hit IPO price for first time
By Reuters Published Nov 30, 2023 Shares of German sandal maker Birkenstock extended their gains on Wednesday, hitting the initial public offering price for the first time, following a buoyant …