LVMH

Nike, Uniqlo, LVMH and Other Big Brands Face Growing Challenges in China
Nike, Uniqlo, LVMH and Other Big Brands Face Growing Challenges in China
April 15, 2022  |  Retail

The U.S. may still be the single biggest and most lucrative market on earth, but China is clearly where the growth is at. The fact...

READ MORE >
EMEA Daily: Nexo, Mastercard, DiPocket Launch Credit Card; Umba Grabs $15M for Accessible Banking
EMEA Daily: Nexo, Mastercard, DiPocket Launch Credit Card; Umba Grabs $15M for Accessible Banking
April 13, 2022  |  International

In today’s top Europe, Middle East and Africa (EMEA) news, Nexo launches a cryptocurrency Mastercard, while Umba closes a $15 million Series A fundraising round....

READ MORE >
Today in Retail: Bed Bath & Beyond Kills Momentum With Disappointing Earnings; REI to Expand Trade-In, Used Gear Initiative
Today in Retail: Bed Bath & Beyond Kills Momentum With Disappointing Earnings; REI to Expand...
April 13, 2022  |  Retail

Today in retail, Bed Bath & Beyond reports a loss in earnings, while REI plans to expand its trade-in program. Plus, Etsy feels immediate backlash...

READ MORE >
LVMH Achieves Double-Digit Growth in Most Groups, Regions
LVMH Achieves Double-Digit Growth in Most Groups, Regions
April 13, 2022  |  Earnings

Even with the pandemic continuing to spread and supply chains snarled around the world, LVMH Moët Hennessy Louis Vuitton saw a 29% spike in its...

READ MORE >
LVMH Chief ‘Wary’ of Metaverse Bubbles but Sees Virtual Worlds as ‘Thought-Provoking’
LVMH Chief ‘Wary’ of Metaverse Bubbles but Sees Virtual Worlds as ‘Thought-Provoking’
January 31, 2022  |  Metaverse

Unlike some other big brands that are embracing the metaverse with open arms and doing everything they can to be part of the augmented and...

READ MORE >
Luxury Brands Louis Vuitton, Prada, Cartier Team to Track Provenance on a Blockchain
Luxury Brands Louis Vuitton, Prada, Cartier Team to Track Provenance on a Blockchain
January 13, 2022  |  Retail

If you’ve ever shopped in midtown Manhattan, you know that you can buy a Louis Vuitton bag for $2,000 in Neiman Marcus or $20 from...

READ MORE >
Today in Retail: LVMH Sees US, Asia Growth; Lowe’s Launches Media Network
Today in Retail: LVMH Sees US, Asia Growth; Lowe’s Launches Media Network
October 13, 2021  |  Retail

In today’s top retail news, a luxury products conglomerate said strong demand for luxury products continues to drive sales, while retailers such as Michaels are...

READ MORE >
Strong Luxury Demand Drives LVMH Sales
Strong Luxury Demand Drives LVMH Sales
October 13, 2021  |  Retail

Luxury products group LVMH Moët Hennessy Louis Vuitton on Tuesday (Oct. 12) said its revenue rose 46% from 2020 in the first nine months of...

READ MORE >
LVMH Looks To Expand Reach Of Luxury Retail Via Stake In Off-White Brand
LVMH Looks To Expand Reach Of Luxury Retail Via Stake In Off-White Brand
July 20, 2021  |  Retail

LVMH said Tuesday (July 20) it was taking a 60 percent stake in Off-White LLC, the fashion brand founded by 40-year-old rapper and designer Virgil...

READ MORE >