LVMH news and archive

LVMH chairman Bernard Arnault acquires L'Opinion and L'Agefi

Paris - Bernard Arnault, chairman and CEO of LVMH (LVMH Moët Hennessy Louis Vuitton), has acquired the liberal daily L'Opinion and the financial news website L'Agefi. LVMH already controls the Les Echos-Le Parisien press group and Paris Match. Sources close to the matter confirmed the acquisition to the press on Thursday, following a report in...

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Alexander Wang appoints new global president

Alexander Wang appoints new global president The US fashion brand Alexander Wang has appointed Robert Rizzolo as global president on July 1. The brand announced the appointment on LinkedIn. Rizzolo previously served as chief merchandising officer at Marc Jacobs. He held this role since July 2021. Rizzolo has over 25 years of retail experience....

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Fashion

Jonathan Anderson reboots Dior menswear with subtle subversion and commercial savvy

Jonathan Anderson walked on to the Dior stage on Friday with the hardest brief in luxury fashion: reignite a 9.5 billion euro powerhouse whose growth has begun to slow and whose identity, at least on the men’s side, has drifted since the Hedi Slimane era. The 40-year-old Northern Irishman is hardly a novice. LVMH took a minority stake in his JW...

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Celine names Robert Holden as North America President ahead of artistic transition

Celine has appointed Robert Holden as president of its North American division, as the brand prepares for a new chapter under incoming artistic director Michael Rider. The appointment was reported by WWD, signaling a key leadership change as Celine embarks on its next creative phase. Holden, who currently oversees Miu Miu in the Americas, brings...

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LVMH appoints Craftsmanship Chief

LVMH is sharpening its focus on the foundations of luxury, craftsmanship and production, with the appointment of Ludovic Pauchard to a newly created executive role: Industrial and Craftsmanship Director. The move signals a decisive evolution in how the world’s largest luxury group views its industrial backbone amid shifting global market...

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Willy Chavarria reportedly being eyed for Fendi

New York-based Willy Chavarria is said to be at the front of the race to take over Fendi. While many names have been in circulation to step in as creative director for the Italian fashion house, the Mexican-Irish designer has emerged as a strong contender, according to sources for WWD. The media outlet said the likelihood of a deal with...

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Business

LVMH feels strain of luxury slowdown as succession questions loom

Bernard Arnault, the 76-year-old titan behind LVMH, is facing one of the most serious reckonings of his tenure atop the world’s largest luxury group. Against a backdrop of falling demand in China, geopolitical trade friction in the US, and mounting internal complexity, LVMH has seen over 220 billion euros erased from its market value since its...

Fairs

LVMH Innovation Awards 2025: Start-ups Kahoona, Genesis and Omi awarded at VivaTech

During VivaTech, held until June 14, 2025 at the Parc des Expositions (Porte de Versailles), the LVMH group revealed the 2025 winners of the LVMH Innovation Awards. The start-ups Kahoona, Genesis and Omi were honoured. On June 12, unlike the previous year, LVMH founder Bernard Arnault did not take to the stage like a rock and roll star. "He...

Retail|In Pictures

Louis Vuitton opens boutique at Amsterdam Airport Schiphol

Louis Vuitton opened its fifth boutique in the Netherlands at Amsterdam Airport Schiphol, Holland’s main airport. It was surprising that luxury group LVMH (Louis Vuitton Moët Hennessy), owner of the Louis Vuitton brand, had not previously opened at Amsterdam Airport Schiphol, one of the main European air hubs, often ranked in the top five...

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Louis Vuitton names new senior vice president of image and communication

Louis Vuitton has a new senior vice president, image and communication. The french luxury house has appointed Carole Bildé to the role, according to a company memo obtained by Women’s Wear Daily. Bildé will assume her new role on Tuesday, the same day Damien Bertrand steps into his position as deputy chief executive officer of Louis Vuitton. She...

Fashion

In times of crisis, luxury brands turn to the new guard of designers

Matthieu Blazy at Chanel, Jonathan Anderson at Dior and Demna at Gucci: luxury’s leading brands turned to the creativity of relatively low-key designers in their forties to address the economic challenges facing the sector. Following months of speculation and his arrival at Dior Homme, forty-year-old Jonathan Anderson was appointed creative...

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Mammoth task for Jonathan Anderson: What awaits the designer at Dior?

Jonathan Anderson’s appointment as artistic director of both menswear and womenswear at Dior may have been long speculated and widely anticipated, but the now-confirmed dual role for the Northern Irish designer is nonetheless historic. With a somewhat understated announcement on Monday, Anderson becomes the first designer to lead all divisions...