Sep 07, 2021 09:10 PM IST
The thieves who targeted the Bulgari outlet abandoned some of their loot as they made their getaway.
- Aug 04, 2021 06:38 PM IST
Thanks to the unpredictable currents of the financial world, Bernard Arnault of LVMH has overtaken Jeff Bezos as the world’s richest person. Here are some of his business mantras.
- Jul 19, 2021 08:18 AM IST
The deal values Etro at about 500 million euros ($590 million), the sources said, confirming reports in Italian newspapers La Repubblica and Il Sole 24 Ore.
- Sep 29, 2020 06:00 PM IST
Disputing LVMH's claim that the "pandemic had devastated Tiffany's business", the US jeweler said it only experienced a single quarter of losses before returning to profitability.
- Sep 09, 2020 05:52 PM IST
Following LVMH's move to call off the deal, Tiffany's has reportedly decided to sue the French luxury group for resorting to delaying tactics to force a renegotiation of the deal
- Feb 05, 2020 08:45 AM IST
The deal comes after a long wooing campaign by LVMH, already the world's top luxury firm overall, for one of the world's most famous jewellery houses, known for wedding rings and diamonds.
- Nov 25, 2019 01:07 PM IST
The deal will boost LVMH's smallest business, the jeweller and watch division, home to Bulgari and Tag Heuer.
- Jul 24, 2018 05:11 PM IST
This year the French luxury label has plans to bring LV apparel to India and not restrict their business to accessories only.
- Sep 25, 2013 09:10 AM IST
Louis Vuitton, the world's biggest luxury brand and part of French group LVMH, has been trying to become more elitist after suffering a dip in demand for the 600-700 euros logo-embossed canvas bags on which it built its profitability.
- Sep 17, 2013 04:40 PM IST
This month, the government jailed a provincial official for 14 years for corruption after pictures of him wearing expensive watches - including what bloggers said was a Vacheron Constantin - became a hit on the Internet, earning him the nickname "Brother Watch".
- Jun 01, 2013 03:05 PM IST
France's market regulator will seek the maximum possible fine against luxury giant LVMH for failing to disclose it was preparing to build a stake in rival Hermes initially revealed in 2010.
- Sep 17, 2012 04:00 PM IST
Luxury sector has been on a rise and is being increasingly fuelled by emerging economies. According to statistic agency Bain, the luxury goods sales are going to outdo forecast by 8% this year to 185 billion euros.
- Jun 24, 2012 08:46 AM IST
Poupie Cadolle's family has been making handmade lingerie in a workshop on Rue Saint Honore for five generations, with Qatari royals, American actresses and Swiss bankers' wives all crossing her doorstep in search of the perfect bra or corset.
- Jun 01, 2012 10:35 AM IST
Ravi Thakran, from LVMH's private equity fund, L Capital, tells Forbes India that he is applying his knowledge from building luxury brands to other aspirational products.
- Apr 30, 2012 02:52 PM IST
Louis Vuitton Moet Hennesy (LVMH) bought 8 percent stake in Fab India, the Indian clothes and lifestyles products retailer. The stake sale saw the exit of Wolfensohn Capital Partners exit from the company.
- Aug 24, 2011 11:15 AM IST
When Nita Ambani went shopping for 25,000 pieces of high-end Japanese crockery, she did not go to the Noritake store in her posh neighbourhood of southern Mumbai.
- May 31, 2011 05:32 PM IST
Investors nervous about slower growth in China need to look deeper -- into the hinterland. China's interior is growing fast, and in a more balanced way than the richer coastal areas.
- May 30, 2011 03:17 PM IST
The chairman of French luxury group Hermes wants bigger rival LVMH, the champagne-to-leather goods group controlled by Bernard Arnault, to halve its 21% stake, Le Figaro newspaper reported.
- May 21, 2011 12:34 PM IST
Say 'La Samaritaine' in this city and shopping-mad Parisians will wax nostalgic about a beloved department store which once boasted it had 'everything'.
- May 04, 2011 08:49 AM IST
The outlook for the luxury goods market has improved significantly in recent months, boosted by a stronger-than-expected rebound in the United States and Europe and surging demand in China, consultancy Bain & Co said.
- Mar 22, 2011 09:17 PM IST
Roman jeweller Bulgari reopened all but one of its 40 shops in Japan, one of its biggest markets, on Tuesday as its chief executive predicted sales there would be weaker for at least one or two quarters.
- Mar 11, 2011 08:36 AM IST
Jeweller Tiffany has been singled out as a target for PPR or Richemont after LVMH's take-out of Bulgari , but a deal will take time and smaller bids are more likely.
- Feb 04, 2011 02:13 PM IST
LVMH, the world's biggest luxury group, posted forecast-beating fourth-quarter comparable sales on Friday, boosted by strong Christmas trading, and proposed a higher dividend on the back of a record year