Tag Archives: LVMH

Tiffany & Co

Tiffany Needs LVMH as Much as LVMH Needs Tiffany

In a surprise move, LVMH made an unsolicited $14.5 billion offer for Tiffany and Company. Confirming that the offer has been made, LMVH said in a statement that its discussions are still in the early stages and that there is no assurance that an agreement will be reached. According to Reuters, this initial offer valued […]

Rihanna and LVMH collaboration

Rihanna And LVMH Team Up For A Game-Changing Collaboration

With the launch of Fenty Maison in partnership with pop icon and fashion and beauty entrepreneur Rihanna, LVMH is breaking the mold of how luxury brands are built. It signals dramatic changes coming in the luxury market led by the undisputed market leader. Recently Bernard Arnault, chairman and CEO of LVMH, announced that it was creating […]

Comments Off on Rihanna And LVMH Team Up For A Game-Changing Collaboration Continue Reading →
Train travel

LVMH Bets on the Future of Luxury with Belmond Acquisition

On December 14 LVMH announced an agreement to acquire Belmond, the luxury travel and hospitality company formerly known as Orient Express Hotels. Belmond owns, partly owns or manages 36 hotels with a new one in the works for London, one stand-alone restaurant (NYC’s 21 Club), seven tourist trains and two river/canal cruise businesses. In 2017 hotels […]

Comments Off on LVMH Bets on the Future of Luxury with Belmond Acquisition Continue Reading →
Versace fragrance

Can Michael Kors’ Capri Become the American LVMH?

When the news broke that Michael Kors Holdings paid $2.12 billion for Italian fashion brand Gianni Versace S.p.A., people were surprised at the price. Calling the offer “a rich one,” the Wall Street Journal reported the brand had generated only $17.5 million in profits last year. Investment analyst Oliver Chen with Cowen and Company was more bullish about the […]

lipstick effect

Lipstick Effect Is in Effect Today

LVMH just released its 2016 annual report and it reveals important trends that will impact luxury brands for the years ahead.  While LVMH posted a healthy 5.4% increase from 2015 to 2016, its rate of growth was less than one-third of that from 2014 to 2015 when revenues rose a remarkable 16.4%. This may signal […]