Tag: Luxury group
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Biggest luxury group bought half of Jay-Z’s champagne brand
Jay-Z is teaming up with the biggest luxury group. Jay-Z bought the “Ace of Spades” luxury champagne brand in 2014. Moët Hennessy, the world leader in luxury wines and spirits announced a partnership with Shawn JAY-Z Carter through the acquisition of a 50% stake in Armand de Brignac prestige champagne brand. With its striking…
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Tod’s x Central Saint Martins MA Fashion
The new generation of creatives needs to be supported and promoted, especially now. 35 students from the MA Fashion Course got the chance to reinvent Tod’s iconic pieces, guided by 26 expert mentors from the fashion industry. Tod’s Legacy is an initiative which was launched on February 19th, during the opening of London Fashion…
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The world’s leading luxury products group saw its revenue decline by 17%. What is the recipe for good resilience
LVMH enters 2021 with cautious confidence and sets an objective of reinforcing its global leadership position in luxury goods. LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury products group, recorded revenue of 44.7 billion euros in 2020, down 17%. In a very turbulent context not only for the luxury industry, LVMH group showed…
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Kering opens global luxury group’s North American operations center
Kering, the global luxury group, announced the opening of its new operations center in the United States in Wayne, New Jersey. The state-of-the-art office in Wayne, New Jersey replaces Kering’s former facility in Secaucus and will serve as the luxury company’s North American operations center. With the opening of offices in Wayne, Kering luxury…
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Alibaba and Richemont invest in Farfetch China
“The growth potential of luxury e-commerce has never been so promising, and the importance of China for the luxury industry is only becoming more obvious every day.” – François-Henri Pinault, Chairman, Artemis (the controlling shareholder of global Luxury group Kering (Gucci, Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen, Brioni, Boucheron, Pomellato, Dodo,…
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LVMH held the digital Demo Day for its business incubator’s, La Maison des Startups
La Maison des Startups LVMH holds its Demo Day in a 100% digital format. Created in 2018 within Station F, the world’s largest startup campus, La Maison des Startups LVMH embodies the luxury Group’s objective to work closely with the entrepreneurial ecosystem in order to stimulate innovation across its high-end Maisons and shape…