LVMH news and archive

Lyst’s Index and the LVMH paradox

The latest Lyst Index for Q4 continues to solidify its role as a barometer of brand desirability. With Miu Miu, Saint Laurent and Prada rounding out the top three, the data-driven ranking, which aggregates online shopping behavior, social media engagement, and search volume, has become a credible measure of a brand’s heat. Yet, in a surprising...

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Luxury’s uneven runway: LVMH takes a tumble as rivals soar

French conglomerate LVMH, traditionally among the last to disclose its financials during the reporting season, has delivered results that not only fell short of market expectations but also lagged behind the momentum exhibited by some of its contemporaries. In contrast, Richemont, the parent company of Cartier, delivered a strong and unexpected...

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LVMH shares fall as 2024 results fail to impress investors

LVMH shares dropped on Wednesday as investors were not too impressed with the results posted by the luxury giant. LVMH: Annual revenue declines by two percent The French luxury group reported revenues of 84.68 billion euros for 2024, exceeding the 84.38 billion euros forecast by LSEG analysts. However, according to Reuters, LVMH performance...

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Christian Dior reports revenue growth despite economic headwinds

French luxury group Christian Dior recorded revenue of 84.7 billion euros in 2024, up 1 percent on an organic basis. In the fourth quarter, organic revenue growth was 1 percent, accelerating with respect to the third quarter. The company said in a statement that the result was achieved despite a challenging economic and geopolitical environment,...

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LVMH: Annual revenue declines by two percent

French luxury conglomerate Moët Hennessy Louis Vuitton (LVMH) felt the impact of challenging market conditions in fiscal year 2024. On Tuesday evening, the group announced declines in revenue and profit, as expected. Group revenue for the past year amounted to €84.7 billion. This represents a two percent decrease compared to the record year...

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Stella McCartney takes back full control of her brand from LVMH

British fashion designer Stella McCartney has taken back full control of her eponymous fashion house. In a press release sent this Monday, January 27, 2025, Stella McCartney announced the repurchase of the minority stake held by luxury fashion house LVMH, “after more than five years of fruitful collaboration.” According to the statement sent out...

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2025: A year of challenges for the luxury sector

Paris - A slow-to-recover Chinese market, the risk of new American taxes, and "weary" consumers: the luxury industry faces significant challenges in 2025, following a 2024 already disrupted by slowing consumption. The heady post-Covid years, when luxury groups recorded insolent double-digit growth, seem a distant memory. Major groups like Hermè...

Fairs

LVMH Watch Week 2025: An edition between New York and Paris

LVMH Watch Week is back for its sixth edition. This year, the show exhibiting the luxury group's new watchmaking products is being held in two major cities: New York and Paris. After Dubai and Singapore, then Miami in 2024, LVMH has chosen New York and Paris to present the new watchmaking products of nine of its brands to the press. In New York,...

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Pre-owned watch market normalises after the speculative boom

Zurich – The frenzied demand for pre-owned watches has subsided, but the market continues to organise itself and grow faster than that of new watches, according to a study published on Thursday by Deloitte. The pre-owned watch market had accelerated in the wake of the Covid-19 pandemic before experiencing a sharp reversal, but remains poised for...

Fashion Featured

Proenza Schouler founders exit namesake label. Is Loewe their next stop?

Proenza Schouler, the New York-based luxury fashion house, announced that founders Jack McCollough and Lazaro Hernandez will step down as creative directors effective January 31st. While the fashion industry has been speculating the designer duo is headed to Loewe, with LVMH rumoured to announce Jonathan Anderson is moving to Dior, the news of...

Fashion |Opinion Featured

Kapital sale to LVMH raises stakes for artisanal fashion independence

LVMH-backed L Catterton's acquisition of Kapital, a Japanese clothing brand celebrated for its artisanal denim and Americana-inspired designs that was founded in the 1980s, has sparked concerns among enthusiasts and industry observers. The acquisition, finalised in the second half of 2024 according to High Snobiety, came just months after...

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LVMH-backed L Catterton snaps up majority stake in Japan’s Kapital

Investment firm L Catterton has reportedly snapped up a majority stake in Japanese denim specialist Kapital following the death of its founder, Toshikiyo Hirata, in early 2024. The deal was made quietly, with neither firm formerly announcing the acquisition. Kapital does now, however, appear on L Catterton’s official website, underneath a list...