On April 13, French luxury conglomerate LVMH Moët Hennessy Louis Vuitton announced its financial results for the first quarter of fiscal year 2025.
Tag: LVMH
On April 6, LVMH Moët Hennessy Louis Vuitton announced significant leadership changes across its portfolio, naming new chief executive officers for two of its fashion houses—Fendi and Kenzo.
On March 12, LVMH Moët Hennessy Louis Vuitton announced significant executive changes at Louis Vuitton, Loro Piana, and Christian Dior Couture.
On January 27, Stella McCartney announced that she had repurchased the minority stake in her brand previously held by LVMH Moët Hennessy Louis Vuitton.
The Challenges Faced by the Luxury Industry in 2024: LVMH, L’Oréal, and Kering Suffer Massive Losses
In 2024, the leading figures of France’s luxury industry encountered unprecedented challenges.
On November 18, Celine, under the LVMH umbrella, announced the appointment of Emilie Leblanc as its new Global Communications Director.
LVMH Moët Hennessy Louis Vuitton’s investment arm, LVMH Luxury Ventures, has acquired a minority stake in the Swedish menswear brand Our Legacy.
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.
On October 2, LVMH Moët Hennessy Louis Vuitton officially announced the departure of Hedi Slimane from Celine, and that Michael Rider would succeed him as the new Creative Director.
On October 2nd, LVMH announced in a statement that Hedi Slimane will be stepping down as Celine’s creative and image director.
