LVMH

China’s Secondhand Luxury Market Blooms as Consumers Feel Pinched

China’s Secondhand Luxury Market Blooms as Consumers Feel Pinched
China’s Secondhand Luxury Market Blooms as Consumers Feel Pinched
November 24, 2024  |  Retail

While Chinese consumers are struggling, the country’s secondhand luxury market is reportedly thriving. Get the Full Story Complete the form to unlock this article and...

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LVMH Warns of ‘Uncertain’ Conditions Amid 3% Drop in Luxury Sales
LVMH Warns of ‘Uncertain’ Conditions Amid 3% Drop in Luxury Sales
October 15, 2024  |  Retail

LVMH saw quarterly sales dip amid an “uncertain economic and geopolitical environment.” Get the Full Story Complete the form to unlock this article and enjoy...

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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. Get the Full Story Complete the form to...

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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. Get the...

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