LVMH, the Paris-based luxury giant, reported €20.3 billion ($23 billion) in revenue in Q1 2025, down 3% year over year. The figures slipped short of the 2% growth forecasted by Visible Alpha consensus estimates.
Arnault focused on increasing LVMH’s growth by acquiring existing companies and brands in various luxury sectors, including the French fashion houses Christian Lacroix, Givenchy, and Kenzo; the leather goods companies Loewe, Celine, and Berluti; the jeweler Fred Joaillier; the duty-free chain DFS ...
A strong social and economic footprint in France Paris, January 26th, 2023 LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury goods group, recorded revenue of €79.2 billion in 2022 and profit from recurring operations of€21.1 billion, both up 23%. All business groups achieved...
The 4-carat, old mine brilliant-cut diamond engagement ring was co-designed by Willis and New York City-based brand Karina Noel. Natalie Francisco SourcingApr 03, 2025 Canadian Mine Produces 158-Carat Yellow Diamond Rio Tinto unearthed the diamond at its Diavik mine in Canada’s ...
1976—"years ahead of the competition"—Arnault was leading the move into a highly profitable, brand-new sector in real estate: buildingtimeshareproperties. Arnault succeeded his father as CEO in 1977 and as chairman in 1978, which gave him full control of the family business at the age of ...
Production at the factory at Asnières incorporated the use of lasers and other modern technology during this time, and a distribution center was opened at Cergy-Pontoise, north of Paris. The company allocated two percent of annual sales revenue to the unending battle against counterfeiters....
"We are generating effectively no revenue," the company said in its filing. AMC also said it worried that distributors would continue to push back new film releases, either due to coronavirus restrictions on public gatherings or because of production delays, and that some studios will begin offer...
(fake and shoddy) is a plague spread in France and throughout the European brand. Some states in the southern part of France will arrest anyone who has a backpack full of fakes, but they will only be locked out for four hours.
On Tuesday, an adviser to the European Union’s highest court backed Google Inc., saying the site should be able to continue selling trademark-protected terms as key words that link Internet searches to advertisements. Internet ads linked to key words generate most of Google’s revenue. ...
Denis De Becker, President of Platinum Invest, said: “The support of our partners Andera Partners and Bpifrance has been a real accelerator of our development over the past 4 years. It is now a new stage in the life of Platinum Invest that is opening up. We are very proud to join th...