LVMH - updates

Rappler's latest stories on LVMH

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LVMH vows not to pick up Tiffany shares on the cheap

Jun 04, 2020 - 6:00 PM

LVMH promises it will not buy Tiffany stock in the open market where the price now reflects shareholder expectations that their deal will likely fall through

DEAL. LVMH is acquiring Tiffany & Co. Photo from Shutterstock

Perfume giant LVMH to make hand sanitizer for French hospitals

Mar 16, 2020 - 1:55 PM

Instead of making the usual Christian Dior, Guerlain, and Givenchy scents, LVMH will produce hand sanitizer to be given for free to hospitals in France

LVMH Chairman and Chief Executive, Bernard Arnault, addresses the presentation of the group's 2019 results at LVMH headquarters in Paris, on January 28, 2020. - French luxury goods giant LVMH posted record 2019 sales of more than 50 billion euros on January 28, 2020, and said it would strive to stretch its lead in the global market this year. (Photo by ERIC PIERMONT / AFP)

'I do': Tiffany shareholders back LVMH bid after long courtship

Feb 05, 2020 - 7:45 AM

'This approval is a significant milestone as we move closer to completing our acquisition of Tiffany,' says LVMH chief executive officer Bernard Arnault

DEAL. LVMH is acquiring Tiffany & Co. Photo from Shutterstock

LVMH to shut store amid Hong Kong protests – report

Jan 04, 2020 - 4:22 PM

Louis Vuitton plans to shut its shop in the financial hub's Times Square mall

LOUIS VUITTON. Staff members are seen in a Louis Vuitton store in the Times Square shopping mall in the Causeway Bay district of Hong Kong on January 4, 2020. The luxury brand is closing the store which is located in an area often targeted by protesters, local media reported. Photo by Philip FONG/ AFP

LVMH puts ring on jeweler Tiffany in $16.2-billion union

Nov 25, 2019 - 4:55 PM

The deal comes after LVMH spent more than a month wooing Tiffany, the most iconic of US luxury brands known for its wedding rings and diamonds

LVMH says in talks to take over jewelers Tiffany

Oct 28, 2019 - 6:05 PM

'Following recent market rumors, the LVMH group confirms having started preliminary discussions about a possible operation with Tiffany,' LVMH says in a statement

TAKEOVER? The logo of luxury jewelry and specialty retailer Tiffany & Co is seen on 5th Avenue in Manhattan on October 27, 2019, in New York City. Photo by Johannes Eisele/AFP

LVMH to boost measures for 'responsible supply' of crocodile leather

Feb 19, 2019 - 5:45 PM

The giant French retailer will follow 'new standards' for crocodile skins which includes the 'preservation of the species and the respect of local communities'

Rihanna to launch her own luxury fashion label

Jan 18, 2019 - 10:54 AM

Reports say that Rihanna is in secret talks with French fashion giant LVMH, the group behind Dior, Louis Vuitton, Fendi and Givenchy

British designer Phoebe Philo quits fashion label Celine

Dec 23, 2017 - 10:20 PM

The designer announces her departure after working with the brand for a decade

French fashion giants LVMH and Kering ban ultra-thin models

Sep 06, 2017 - 6:17 PM

The companies moves are seen as a response to criticisms that the fashion industry promotes an unhealthy body image

FASHION GIANTS. LVMH and Kering own some of the world's top fashion brands. Photos from Facebook.com/LVMH and Facebook.com/Keringgroup

Drinks lift LVMH profits as fashion stalls

Jul 27, 2016 - 2:30 PM

LVMH s net profit for the first half of 2016 rises 8 driven by its wines and spirits division

epa05139549 (FILE) A file picture dated 09 August 2004 shows a giant mockup of a suitcase outside an official retail outlet of the French luxury goods maker Louis Vuitton in Shanghai, China. World's leading luxury products group LVMH, the parent company that owns Louis Vuitton, is to release their 2015 full year results on 02 February 2016. EPA/ADRIAN BRADSHAW

Tory Burch is engaged to fashion group CEO Pierre-Yves Roussel

Jan 04, 2016 - 1:28 PM

The fashion designer announces on Instagram that she is tying the knot with the LVMH fashion group executive

CONGRATULATIONS. Tory Burch is engaged to LVMH CEO Pierre-Yves Roussel. In the photo, the couple is at the launch party of the Tory Burch company's Paris flagship store during the Haute Couture Fashion Week in Paris in July 2015. File photo by Caroline Blumberg/EPA

Donna Karan steps down as chief designer of DK International

Jul 02, 2015 - 12:15 PM

The designer will turn her full attention to her Urban Zen lifestyle brand founded in 2007

Moët Hennessy cheers rising economy, makes a major push in PH

Apr 25, 2015 - 6:50 PM

The ultra luxury brand which has been around in the country since 1903 is now making a ‘major push’ to attract young affluent Filipinos to cognac and champagne

Moet Hennessy starts a major push into the Philippine market driven by the rising economy. Photo by Chris Schnabel / Rappler

Apple Watch 'too feminine' says LVMH's head of luxury watches

Sep 11, 2014 - 12:11 PM

Jean Claude Biver the head of the group s luxury watch division says Apple made some fundamental mistakes in the design

France's richest man and LVMH boss denies tax exile bid

Sep 09, 2012 - 11:30 PM

Bernard Arnault France s richest man and LVMH boss says he is not becoming a tax exile amid French president s moves to impose a 75 wealth tax