Home

Tags

LVMH

Lvmh news and archive

LVMH announces winners of Innovation Award during Vivo Technology

Luxury conglomerate LVMH has announced the winners of its sixth Innovation Award during a dedicated award ceremony at 2022 Viva Technology in Paris. The overall winner was revealed to be Toshi, a London-based start-up providing sustainable and customised solutions for omnichannel retailers, which was selected from more than 950 applications...

17 Jun 2022

People

Institut Français de la Mode appoints Sidney Toledano as chairman

Parisian fashion school Institut Français de la Mode (IFM) has named LVMH’s chairman and chief executive Sidney Toledano as its new chairman. Toledano, who has been a board member at Institut Français de la Mode for more than 20 years and vice president for the past five years, takes over the chairman role from André Beirnaert, who did not renew...

14 Jun 2022

PeopleFeatured

LVMH’s Emilio Pucci taps Saar Debrouwere as new CEO

Italian luxury label Emilio Pucci has appointed Belgian fashion executive Saar Debrouwere as its new chief executive officer. Debrouwere is expected to begin the top job at the LVMH-owned label in July as the company shifts to a see now, buy now presentation model with frequent product drops, according to an announcement seen by WWD. Sidney...

9 Jun 2022

Business

LVMH’s Aura Blockchain Consortium joins Prince of Wales’ sustainable task force

Aura Blockchain Consortium has announced it will be joining the Prince of Wales’ Sustainable Markets Initiative Fashion Task Force, developed to aid in the acceleration of a sustainable fashion future. Launched by the Prince of Wales in 2020, the Fashion Task Force is already working with the likes of Burberry, Chloé and Armani to establish its...

7 Jun 2022

Business

Luxury brands breathe sigh of relief as China eases restrictions

Luxury brands are breathing a sigh of relief as China’s strict Covid restrictions are set to ease. Europe’s stock exchanges responded positively, with luxury stocks recovering after a dip since March. China’s top tier fashion cities, including Beijing and Shanghai, are set to see a loosening of its stringent lockdown rules amid falling infection...

31 May 2022

Business

LVMH-owned Tag Heuer to accept cryptocurrency

Earlier this month shares in bitcoin plummeted to its lowest value in over two years, but volatile or not, digital currencies are here to stay. Tag Heuer, the LVMH-owned luxury watchmaker, announced it too would accept cryptocurrency payments. In a press release Tag Heuer CEO Frédéric Arnault stated: “As an avant-garde watchmaker with an...

26 May 2022

Retail |Opinion Featured

With China in lockdown, sales of luxury falters

In the west we all remember the days where the outside world was shuttered and we were in a government-enforced lockdown, which experts said would curtail the spread of Covid-19. Working from home, the only outing for many was a trip to the supermarkets, where bare shelves due to supply chain issues had become the norm. The rest of the physical...

11 May 2022

BusinessFeatured

LVMH’s Nona Source opens its first UK showroom

Nona Source, the established luxury fabric resale platform, which re-values deadstock fabrics and leathers from LVMH Fashion and Leather Goods Maisons, has opened its first UK showroom at The Mills Fabrica in London. The start-up was launched last year to serve the creative community, selling surplus fabrics from the LVMH fashion and leather...

11 May 2022

Business

LVMH’s virtual avatar reveals start-ups taking part in group’s Innovation Award

Luxury conglomerate LVMH has revealed the 21 start-ups that will be joining its LVMH Lab at the 2022 Viva Technology fair, taking part from June 15 to 18. Additionally, the selected companies will also be in with a chance of winning this year’s LVMH Innovation Award, now in its sixth edition, with the winning candidates to be invited to join the...

9 May 2022

Fashion

Kenzo’s Nigo and Silvia Venturini Fendi to join LVMH Prize jury

LVMH has announced the dates for its 2022 LVMH Prize final, as well as the jury for this year’s edition with the addition of two new faces to the team. Set to take place on June 2, the fashion conglomerate is preparing to announce the winners of the LVMH Prize for Young Fashion Designers and the Karl Lagerfeld Prize, to be selected from eight...

9 May 2022

BusinessFeatured

France's luxury sector welcomes Macron's second presidential term

France’s luxury industry breathed a sigh of relief with the re-election of President Emmanuel Macron on Sunday. Mr. Macron in January acknowledged the importance of the fashion industry as France's top export sector. At the inauguration of a Chanel-sponsored artisan workshop in January, Marcron said "Today, when I look at figures from 2021, it...

25 Apr 2022

Business

LVMH, Fendi links with research labs to develop new biomaterials

LVMH has announced its Fendi brand will be teaming up with Imperial College London and Central Saint Martins, UAL, in a strategic partnership that will utilise academic research for the production of bio-textiles. Keratin will be at the focus of the two-year collaborative study, with the goal of developing a new fibre capable of mimicking luxury...

25 Apr 2022