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LVMH

LVMH Q3 Sales Drop 3% Amid Fashion & Leather Goods Slowdown

On September 15, French luxury conglomerate LVMH (Moët Hennessy Louis Vuitton) announced its third-quarter results for 2024. Although overall sales reached €19.076 billion (approximately $21 billion), organic sales declined by 3%, falling significantly short of analysts’ expectations.

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A New Era for Chanel: Matthieu Blazy Appointed Creative Director

The prestigious French maison Chanel has ushered in a new era. On December 12, Chanel officially announced the appointment of Matthieu Blazy as its new creative director, putting an end to months of industry speculation.

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