LVMH

LVMH’s fashion division returns to growth for first time in two years

LVMH reported second-quarter revenues of €19.52 billion on Monday, representing organic growth of 3%, as robust American spending helped the luxury conglomerate accelerate from a sluggish start to the year. The results mark a notable improvement from the 1% organic…

Arnault joins X to deny LVMH family succession rift

Bernard Arnault, the 77-year-old billionaire chairman of LVMH and one of the world's richest people, created an account on X on Monday to share a three-page statement pushing back against reports of a family succession battle at the helm of…

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Former Dior chief Chiuri returns to Fendi after 33 years

Maria Grazia Chiuri, the former Dior creative director, has been appointed as Fendi's new Chief Creative Officer, marking her return to the Italian fashion house where she began her career more than three decades ago. The announcement, made by LVMH…

LVMH weighs $1B sale of Marc Jacobs amid luxury slowdown

French luxury titan LVMH Moët Hennessy Louis Vuitton is weighing a $1 billion sale of its New York-based Marc Jacobs label, people familiar with the talks told the Wall Street Journal and Reuters. Negotiations have been under way for weeks…