LVMH to supply several million surgical masks in France to help the fight against the spread of coronavirus. By virtue of its global distribution network, LVMH Moët Hennessy – Louis Vuitton SE also known as LVMH, the French multinational corporation and conglomerate specializing in luxury goods, has managed to secure an order … Read more
In a proactive response to the unpredictable circumstances evolving from the global spread of COVID-19 (coronavirus) and in an abundance of caution, a series of luxury brands announced that they will voluntarily pause global operations. Rolex is shutting down three factories in Switzerland, while MGM Resorts shuts down all operations in … Read more
What was once New York’s premier fashion store is entering its last days before closing – but luxury lives on elsewhere
Parsons Paris Announces New Fashion and Luxury Educational Online Program for High School Students. Course Provides Students with Behind-the-Scenes Look Inside the Business of Fashion and Luxury. Parsons Paris, the European campus of The New School’s world-renowned Parsons School of Design, announced a new online course for high school students, Inside the Business of … Read more
The global luxury market confirmed this year the moderate growth rate associated with the ‘new normal’ era, mainly driven by Asian buyers. “The luxury customer is present and increasingly active, dramatically rewriting the rulebook of the industry. Brands will need to pivot to a new model to respond to customers’ needs when it comes … Read more
France’s richest man has turned LVMH into a leviathan: this move will be the crowning glory of a calculating career