LVMH

LVMH, Prada, Cartier Team On Aura Blockchain Consortium For Luxury Goods
LVMH, Prada, Cartier Team On Aura Blockchain Consortium For Luxury Goods
April 20, 2021  |  Blockchain

LVMH is joining forces with two other big names, Prada and Cartier, in order to put out the world’s first global luxury blockchain, according to...

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SPAC Birthed From LVMH + Former UniCredit CEO 
SPAC Birthed From LVMH + Former UniCredit CEO 
February 15, 2021  |  Investments

LVMH’s Bernard Arnault — the richest man in Europe — is collaborating with former UniCredit CEO Jean Pierre Mustie to launch a special purpose acquisition...

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Merger On Again Between Iconic Jeweler Tiffany And French Luxury Giant LVMH
Merger On Again Between Iconic Jeweler Tiffany And French Luxury Giant LVMH
October 30, 2020  |  Retail

After being on again, off again, the merger deal between iconic jewelry brand Tiffany & Co. and Paris luxury giant LVMH is signed, sealed and...

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LVMH, Tiffany Engage In Luxurious War Of Words
LVMH, Tiffany Engage In Luxurious War Of Words
September 29, 2020  |  Retail

Things are getting a bit uncivilized in the spat between LVMH and Tiffany & Co. The two ultra-high-end brands were supposed to be part of...

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LVMH Withdraws From Tiffany & Co. Acquisition
LVMH Withdraws From Tiffany & Co. Acquisition
September 09, 2020  |  Retail

At a time when the pandemic is reshaping the luxury industry, LVMH Moët Hennessy Louis Vuitton SE indicated on Wednesday (Sept. 9) it is withdrawing...

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Pandemic Continues To Dull Allure Of Luxury Goods
Pandemic Continues To Dull Allure Of Luxury Goods
July 01, 2020  |  Retail

COVID-19 continues to take the shine off luxury goods. Despite some signs of improvement this month, LVMH, the world’s biggest luxury goods group, admitted that...

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LVMH Eyes Ways To Change $16.2B Tiffany & Co Purchase
LVMH Eyes Ways To Change $16.2B Tiffany & Co Purchase
June 03, 2020  |  Retail

LVMH is considering walking back its deal to purchase Tiffany & Co. for $16.2 billion due to the effects the pandemic and recent U.S. social...

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Luxury Brands Hit The Discount Racks
Luxury Brands Hit The Discount Racks
March 17, 2020  |  Retail

The luxury business is going the distance for COVID-19. While many luxury retailers have found themselves needing to slash prices to keep inventory moving, some...

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Luxury Brands Vacate Hong Kong Leases
Luxury Brands Vacate Hong Kong Leases
January 21, 2020  |  Retail

As the retail luster of Hong Kong dissipates, luxury fashion retail brands LVMH and Prada are dropping their leases. At the same time, prime retail...

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