The upmarket push is showing up at department stores, where the objective is to get customers to spend more without making the jump into luxury....
Luxury conglomerate LVMH is reportedly looking to sell fashion brand Marc Jacobs for about $1 billion. LVMH is discussing deals with multiple parties and could reach a deal soon,...
Luxury retailer LVMH on Thursday (July 24) reported a decline in overall business performance in the first half of the year, mainly due to weakness...
Luxury conglomerate LVMH is deploying artificial intelligence (AI) tools throughout its operations, targeting both operational efficiency and customer retention. The company is using predictive AI,...
Luxury conglomerate LVMH reportedly told investors and analysts that demand remains soft due to weaker consumer confidence in China and other markets. This message may signal that...
Luxury goods retailer LVMH Moët Hennessy Louis Vuitton said it is prepared to increase prices on its products and take other mitigation strategies if negotiations...
As 2025 unfolds, the luxury market is undergoing a period of mixed results and shifting dynamics. Recent news and earnings reports reveal a sector experiencing...
As the sector’s global sales have slipped in recent years, luxury retail giant LVMH Tuesday (Jan. 28) reported a 1% rise in its fourth-quarter sales...