From Prada to LVMH, fashion brands are ramping up their investments in suppliers, bringing benefits on both sides. Experts warn integration can be difficult and costly. ByEmily Seares January 19, 2023 Photo: Co
By Laure Guilbault Companies LVMH’s fashion sales drop 5% in Q1 By Laure GuilbaultAbout Us Contact Membership Commercial Newsletter Terms of Service Privacy PolicyWe Care About Your Privacy We and our 174 partners store and/or access information on a device, such as unique IDs in cookies to...
Arnault's next move was a power play that made him infamous throughout Europe. Once in the door at LVMH, he used the constant feuding between the two CEOs to secure a controlling interest and then ousted both CEOs. After winning "one of the fiercest battles in French fashion," he became...
How are L’Oréal, Nike, and LVMH approaching Web3? There is no uniform approach to how the leading fashion and beauty companies are embracing Web3, though most are primarily experimenting through partnerships to discover the best strategies for their brand, as partnerships offer a low-cost way...
"For us, the important thing was to put people at the center of the discussion, rather than factories in general. Our focus is to make companies understand that they should need no reminder of the importance of ensuring an ethical supply chain and carry a serious...
The value of values Reputation, especially for sustainable and ethical purposes, is increasingly a driver for brand growth. The luxury category saw 34% brand growth with, predominantly, French and Italian luxury companies such as LVMH investing in their corporate reputation through pandemic-related ini...
The Magnificent Seven are tech companies, by and large: Alphabet, Amazon, Apple, Meta Platforms, Microsoft, Nvidia, and Tesla, a tech-forward car company.1 The Granolas, a group of European companies, are more varied: GSK, Roche, ASML, Nestlé, Novartis, Nov...
Swatch Group’s rank on theFortune 500 Europe. The arrivalof quartz, coupled with a global recession and a strong Swiss franc, left many such Swiss companies in a bind. Unemployment in the industry soared, and experts speculated that entire watchmaking communities would cease to exist as Japan...
Business schools also often form strong partnerships with top companies that students can leverage during consulting projects and internships. Paul (pictured) made valuable connections with professionals and brands in the luxury fashion industry in France and Italy by working with them on company proje...
The drugs' blockbuster sales have made Novo Nordisk the most valuable company in Europe -- a title previously held by French luxury conglomerateLVMH Moët Hennessy(OTCMKTS:LVMUY) -- with amarket capitalizationof more than $430 billion in late 2023. ...