LVMH becomes first European firm to reach market value of $500 billion. European luxury conglomerate LVMH breaks record with $500 billion market value. It’s worth noting that market values can fluctuate rapidly based on a variety of factors, including changes in market conditions, company performance, and global events. Luxury goods company LVMH / LVMH Moët … Read more
Hermès relocated its store in Hamburg. Hermès opens its new store in Hamburg, a contemporary destination reinforcing the house’s presence at the heart of the hanseatic city. Hermès has recently opened its doors to a new store in Hamburg, a contemporary destination that reinforces the luxury brand’s presence at the heart of the Hanseatic city. … Read more
Prada Group announced a major plan to recruit over 400 people by the end of 2023, to strengthen its production capacity and craftsmanship expertise in Italy. The hires will further reinforce the Group’s strong industrial strategy, one of its distinct competitive advantages. The investment plan, designed to develop the luxury Group’s facilities and its commitment … Read more
What’s underneath? The ‘Vivienne Westwood Corsets’ exhibition explores the house’s subversion of corsetry from 1987 to the present day. The exhibition debuts in Paris from the 17th-30th of April, and in London from the 8th-21st of May 2023. Vivienne Westwood revolutionized the corset, transforming it from a binding garment into a symbol of female empowerment. … Read more
Hermès Sales Soar: All Lines Report Impressive Momentum. Hermès Lines Hit a Home Run: Strong Momentum Across the Board. The Hermès luxury group has released their financial report for the first quarter of 2023. In this report, they reveal that their consolidated revenue reached €3,380 million, which is an increase of 23% at constant exchange … Read more
TIME Reveals the 2023 TIME100 List of the 100 Most Influential People in the World. TIME Magazine has officially unveiled its highly anticipated annual list of the 100 most influential people in the world – the 2023 TIME100. This year’s list has been revealed through four stunning covers featuring four influential individuals: actor Jennifer Coolidge, … Read more