LVMH news and archive

Pucci is heading to Sicily for SS26 catwalk show

Italian fashion house Pucci, owned by luxury conglomerate LVMH Moët Hennessy Louis Vuitton, has announced its next destination show will take place in Sicily, an island in the Mediterranean Sea, just south of the Italian peninsula. The catwalk is scheduled for April 17 and will be a ‘see now, buy now’ showcase for the brand’s spring/summer 2026...

People

Hermès heir sues LVMH and Bernard Arnault for 14 billion euros

Fifteen years after his raid on Hermès, Bernard Arnault and his LVMH group are caught up in a saga between two French luxury giants: an heir to the accessories specialist, claiming to have been dispossessed of his shares in the family jewel, is demanding 14 billion euros. Nicolas Puech, 82, a Swiss resident, accuses his former wealth manager,...

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People|CEO Profile

Pietro Beccari's career path: An example of leadership in luxury fashion

Pietro Beccari, the newly appointed chairman and chief executive officer (CEO) of LVMH Fashion Group, started his career at the University of Parma, where he became the first ‘Alumnus of the Year’. According to a 2018 university statement, the executive was the first name inscribed on the award's roll of honour. This recognition was established...

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Pietro Beccari takes up helm of LVMH Fashion Group

Pietro Beccari, the chairman and chief executive officer of Louis Vuitton, is expanding his role. The LVMH veteran will now take up the helm of the French luxury group’s fashion division. While retaining his existing dual title at Louis Vuitton, Beccari has also been appointed chairman and CEO of the LVMH Fashion Group. He succeeds Sidney...

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Business

LVMH strengthens Swiss watchmaking ties with La Joux-Perret investment

The LVMH Watches Division, which encompasses Hublot, Tag Heuer, and Zenith, has announced the acquisition of a minority stake in La Joux-Perret, a recognized Swiss manufacturer specializing in the design and production of sophisticated watch movements. This strategic move is paired with a commercial partnership intended to secure new production...

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Fashion

Vendôme: court cancels sale of town's name to Louis Vuitton

The Orléans administrative court has cancelled the 10,000 euro sale of the town of Vendôme's name to the Louis Vuitton group. The municipality, which responded in a statement on Thursday, described the appeal as having “no real legal utility”. In February 2021, the municipality approved by resolution the sale of the town of Vendôme's name to...

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Fashion |Interview

LVMH's Institut des Métiers d’Excellence: Training the next generation of artisans

At LVMH, the Institut des Métiers d’Excellence trains a new generation of artisans, creators and client experts in rare skills. These are for professions with strong employment prospects. An interview with Marion Bardet, director of Métiers d’Excellence at LVMH. What do these 'métiers d’excellence' cover? Our mission is to promote, enhance and...

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People|Interview

Over 4,500 jobs offered in Métiers d’Excellence in 2025, says LVMH's Marion Bardet

At LVMH, the Institut des Métiers d’Excellence (IME) trains a new generation of artisans, creators and client experts in rare skills for high-demand professions. In an interview with FashionUnited, Marion Bardet, director of Métiers d’Excellence at LVMH, shares how these luxury training programmes are bolstering unknown professions, shaping...

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Business|Opinion

Is recovery in sight for the luxury sector? LVMH thinks so

The fashion industry’s mood may be brightening, if only by a few degrees. LVMH, the world’s largest luxury group and the sector’s perennial bellwether, delivered a cautiously optimistic third-quarter report, suggesting that the long-anticipated recovery in global luxury spending may finally be taking shape. After several quarters of challenges,...

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Business|Analysis

LVMH regains balance as Sephora leads group towards stabilisation

LVMH Moët Hennessy Louis Vuitton (LVMH), the global luxury leader, announced its sales figures this Tuesday, October 14. Sales totalled 58.1 billion euros for the first nine months of 2025. The third quarter (Q3) was marked by a significant turning point, with the group returning to an overall organic growth of +1 percent. This signals a...

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Business

EU fines Gucci, Chloé and Loewe millions for violating competition rules

Brussels, Belgium – The European Union announced on Tuesday that it had imposed fines totalling 157 million euros on luxury firms Gucci, Chloé and Loewe for breaching competition rules. The sanctions follow surprise raids conducted in April 2023 and an antitrust investigation by the European Commission in July 2024. The EU's executive arm...

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Business

LVMH quarterly sales drop 4% on currency swings

The world's biggest luxury group LVMH reported Tuesday that its third-quarter revenue dropped four percent to 18.3 billion euros ($21 billion) due to currency movements. Revenue fell from a level of over 19 billion reached in the same period of 2024, the company said in a statement. The measure picked up however in the third quarter of 2025...