LVMH

LVMH Founder Bernard Arnault’s Family Firm Invests in AI Companies
LVMH Founder Bernard Arnault’s Family Firm Invests in AI Companies
August 19, 2024  |  Investments

Bernard Arnault, founder and CEO of luxury goods company LVMH and the fourth-richest person in the world, has reportedly made several investments in artificial intelligence...

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Personalized Luxury: The Key to Winning Wealthy Shoppers
Personalized Luxury: The Key to Winning Wealthy Shoppers
July 19, 2024  |  Retail

In an era where luxury is becoming increasingly defined by personalization, wealthy consumers are demanding that brands innovate, tailoring their offerings to match their individual...

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Paris Olympics Draws 18% More Sponsor Spending Than 2021
Paris Olympics Draws 18% More Sponsor Spending Than 2021
July 12, 2024  |  Retail

U.S. companies are reportedly looking to this summer’s Paris Olympics to put them ahead of their competitors. Event sponsors have spent 18% more on the...

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Luxury Brands and Retailers Rethink Strategy Amid Economic Challenges
Luxury Brands and Retailers Rethink Strategy Amid Economic Challenges
July 10, 2024  |  Retail

With the high cost of maintaining a luxury brand, key players are making major decisions, changing the way they operate to navigate the current challenging...

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A Winning Look: Luxury Designers Go for Gold During the Olympics
A Winning Look: Luxury Designers Go for Gold During the Olympics
June 22, 2024  |  Retail

With eyes around the world glued to the Olympics, luxury fashion designers have a long history of taking advantage of the opportunity to cement their...

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LVMH Sees Aspirational Consumers Pulling Back on Luxury Amid Inflation 
LVMH Sees Aspirational Consumers Pulling Back on Luxury Amid Inflation 
April 16, 2024  |  Retail

With the moderately well-off shopper spending differently than the high-earner, luxury brands are seeing aspirational shoppers forced to give up their favorite indulgences. On a...

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eCommerce Marketplaces Crack Down on Fakes to Boost Consumer Trust
eCommerce Marketplaces Crack Down on Fakes to Boost Consumer Trust
March 29, 2024  |  eCommerce

With trust proving to be a key factor for consumers’ decisions about where they want to spend their money digitally, online merchants are cracking down...

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LVMH Takes on Hollywood as Luxury Brands Step up Media Efforts
LVMH Takes on Hollywood as Luxury Brands Step up Media Efforts
February 23, 2024  |  Retail

LVMH is making its way to Tinseltown, establishing a foothold in film and television to drive brand visibility and relevance. The luxury giant, owner of...

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Inflation Keeps Aspirational Shoppers Deflated, LVMH Observes 
Inflation Keeps Aspirational Shoppers Deflated, LVMH Observes 
October 11, 2023  |  Retail

The state of the aspirational shopper has remained the same since the last quarter, according to LVMH.   As a refresher of the unchanged shopper, in...

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