LVMH news and archive

Succession and ambitions: Bernard Arnault holds firm at LVMH shareholder meeting

Addressing shareholders of the world's leading luxury group, LVMH, its CEO Bernard Arnault, 77, has postponed the debate on his succession. He preferred to set medium-term goals for his group instead. The topic of succession prompted one of the very first questions from shareholders at the general meeting in Paris on Thursday. When asked about...

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Exploited labour: Loro Piana (LVMH) is no longer under judicial administration

Rome - Italian fashion house Loro Piana, owned by French luxury giant LVMH, announced on Friday the early termination of its judicial administration by the Court of Milan. “Loro Piana acknowledges the early conclusion of the judicial administration proceedings by the Court of Milan, ahead of the originally scheduled 12-month period,” the Italian...

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LVMH sales feel impact from war

Sales at the world's leading luxury group, LVMH, fell six percent in the first quarter of the year as the war in the Middle East depressed business in the region. The company, best known for Louis Vuitton handbags, Dior fashion, Moet & Chandon champagne and Tiffany jewellery, registered 19.1 billion euros ($22.4 billion) in sales in January...

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Will 2026 mark a return to growth for the struggling luxury market?

Paris, France - After a marked slowdown over the past two to three years, driven by price hikes, a lack of creativity and a downturn in China, the luxury sector hopes to navigate the clouds of geopolitical instability in 2026 to return to growth. Global leader LVMH will be under particular scrutiny, as the group kicks off the reporting season...

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Puig: The group that dreamed of becoming LVMH, yet may disappear under Estée Lauder's shadow

Madrid – Everyone has a price. This stark premise lies at the core of the current negotiations for a “potential” merger between the US group The Estée Lauder Companies and Spain’s Puig. The deal, should it materialise at the right valuation, could effectively subsume Puig’s 112-year history. Founded in 1914 in Barcelona by Antonio Puig Castelló...

Retail

Investigation opened in Italy against Sephora and LVMH for sales to teenagers

Milan, Italy - The Italian competition authority announced on Friday it has opened an investigation into French luxury giant LVMH Moët Hennessy Louis Vuitton (LVMH). The probe targets its brands Sephora and Benefit for promoting “the early use of adult cosmetics by children and teenagers”, including anti-ageing creams. The authority, the Autorit...

People

LVMH appoints Béatrice Goasglas as CEO of Tag Heuer

French luxury group LVMH has announced the appointment of Béatrice Goasglas as the chief executive officer of Swiss watchmaker Tag Heuer. The transition is set to take effect on May 10, 2026, as the brand continues its long-term strategy of elevation and innovation within the hard luxury sector. Goasglas succeeds in a leadership trajectory that...

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Fashion

Loewe AW26/27: McCollough and Hernandez define a new era of 'creative play' in Paris

Madrid – As one of the most anticipated events of the latest edition of Paris Fashion Week, the presentation of Loewe's new collection for the autumn/winter 2026/2027 season took place on the outskirts of the French capital this Friday, March 6. It was a co-ed presentation, from which its new creative directors, Jack McCollough and Lazaro...

People

Alexandra Winokur appointed deputy CEO of LVMH North America

French luxury group LVMH and Michael Burke, chairman and chief executive officer of LVMH Americas, have announced the appointment of Alexandra Winokur as deputy CEO of LVMH North America. The appointment is effective as of March 2, 2026. Winokur transitions to this key leadership role following her successful tenure as president of the Americas...

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LVMH control solidified: Arnault family reaches absolute majority

Bernard Arnault and his family have consolidated their control over the global luxury giant LVMH. According to a source close to the family, they now hold 50.01 percent of the share capital and 65.94 percent of the voting rights. This move, although seemingly minor at 50.01 percent, is highly strategic. It marks the transition to an absolute...

Fashion

Loewe unveils first campaign under new creative direction

Madrid – The new post-Jonathan Anderson Loewe continues to take shape with the presentation of the first campaign developed for the Spanish house by the American creative duo, Jack McCollough and Lazaro Hernandez. Appointed as the brand's new creative directors last March 2025, they are now unveiling the codes intended to evolve the brand during...

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In 'an uncertain world', luxury groups wary of 2026

Paris (France) - Following a "turbulent" 2025 and in "an uncertain world", caution is the watchword for 2026 in the luxury sector, where major French groups have published mixed results. "The past year was 'turbulent economically and geopolitically (...) and 2026 will not be very simple either, but one thing at a time'," stated Bernard Arnault,...