LVMH
LVMH, short for Moët Hennessy Louis Vuitton, is a French multinational luxury goods conglomerate headquartered in Paris. Founded in 1987 through the merger of fashion house Louis Vuitton with Moët Hennessy, a company formed after the 1971 merger between the champagne producer Moët & Chandon and cognac manufacturer Hennessy, LVMH owns a portfolio of over 70 prestigious brands across various sectors such as wine and spirits, fashion and leather goods, perfumes and cosmetics, watches and jewelry, and selective retailing.
As we stand on the brink of a “resale boom” in 2024, more retailers are integrating recommerce strategies, including resale, rental, and subscription models, into their operations.
In the world of retail, luxury brands have always held a unique position, often characterized by high quality, exclusivity, and hefty price tags, these brands are simply not meant for the frugal shoppers.
French luxury conglomerate LVMH Moët Hennessy Louis Vuitton has announced a strategic partnership with American video game and software developer Epic Games, the creator of Fortnite and Unreal Engine.
The fashion and luxury industry is dominated by several major corporations that have established themselves as leaders in the market.
Louis Vuitton, the renowned French luxury fashion house, is planning to open a new flagship store on Fifth Avenue in Manhattan, New York.
Bernard Arnault, the 74-year-old Chairman and CEO of LVMH Moët Hennessy – Louis Vuitton, has emerged as the world’s richest person, according to the Bloomberg Billionaires Index.
Threedium announced their participation in La Maison des Startups LVMH, an accelerator program created by LVMH Moët Hennessy Louis Vuitton (LVMH).
Nestled in the picturesque hills of Provence, the Château de la Colle Noire has long been a source of inspiration for the legendary fashion house of Christian Dior.
Sephora, the French multinational beauty retailer, made a significant move in its European growth strategy by acquiring Feelunique, a leading online beauty retailer based in the UK.
Rihanna stars in new campaign for LVMH owned luggage brand, based out of Germany, Rimowa. The German company, founded in 1898 by Paul Morszeck, has been focusing on expanding its product offerings and attracting younger generations by collaborating with popular celebrities and designers.
LVMH has launched a new campaign to select 25 startups to join the La Maison des Startups at Station F – the world’s largest incubator – from January 2022.
The final of the 8th edition of the LVMH Prize for Young Fashion Designers took place on 7th September 2021 at the Louis Vuitton Foundation, in the presence of six artistic directors from the LVMH Group, Virgil Abloh, Jonathan Anderson, Maria Grazia Chiuri, Marc Jacobs, Kim Jones and Stella McCartney, alongside Delphine Arnault, Jean-Paul Claverie and Sidney Toledano.
LVMH Moët Hennessy Louis Vuitton, one of the industry’s most esteemed conglomerates, announced that it will acquire a 60% majority stake in Off-White™, the influential fashion label founded by Virgil Abloh in 2012.