Tag: CEO of LVMH
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2015 results confirm the capacity for LVMH to gain market share despite economic uncertainty
LVMH Moët Hennessy Louis Vuitton luxury group announced “Excellent Performance” in 2015, record revenue and operating profit. In an uncertain economic environment, the giant luxury conglomerate can rely on the desirability of its brands and the agility of their teams to further strengthen in 2016 the leadership in the world of high quality products. The…
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The first connected watch from a luxury watchmaker
Swiss high-end watch manufacturer TAG Heuer unveiled its highly-awaited TAG Heuer Connected Watch developed in close collaboration with Intel and Google. The 2015 TAG Heuer Connected Watch has three digital watch dials that replicate the look and features of a watch face and reprise the design codes of the TAG Heuer Carrera collection. The first…
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LVMH luxury group – 8 percent rise in like-for-like full-year sales
As consumer demand for logo-embossed luxury products has waned, LVMH declares it is is well-equipped to continue its growth momentum. After Tod’s disappointing figures released last week, LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury products group, recorded revenue of €29.1 billion in 2013, an increase of 4% over the previous year. The luxury…
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LVMH luxury group invests in J.W. Anderson
J.W. Anderson to definitely move Loewe forward to the next chapter of its history LVMH luxury conglomerate never stops buying new promising creative talents. The luxury giant announced an agreement with designer Jonathan Anderson for the development of his London-based J.W. Anderson brand. He remains the majority shareholder of the company. Pierre-Yves Roussel, Chairman and…
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Bernard Arnault: “2012 was another remarkable year for LVMH”
LVMH well-equipped to continue its growth momentum Despite an uncertain economic environment in Europe, LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury products group, says it is well-equipped to continue its growth momentum across all business groups in 2013. LVMH recorded revenue of €28.1 billion in 2012, an increase of 19% compared to 2011.…
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LVMH reports an increase of 26% in the first half revenue
LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury products group, recorded revenue of €13 billion in the first half 2012, an increase of 26%. Organic revenue growth was 12%. “All business groups contributed to this performance, which is even more remarkable coming on top of the strong growth in first half of 2011. The…