LVMH acquires Les Tanneries Roux LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury goods group, acquired quality leather maker Les Tanneries Roux. Founded in 1803 and based in Romans-sur-Isère. This acquisition reflects LVMH’s strategy to develop its expertise as already demonstrated by the creation of “Les tanneries de la Comète” in 2009 and by … Read more
LVMH Moët Hennessy Louis Vuitton luxury group reported a 25% increase in first quarter 2012 revenue to 6.6 billion Euros In Fashion & Leather Goods, Louis Vuitton continued its double-digit growth (+ 17 %). The Wines & Spirits business (+ 22 %) as well as that of Perfumes & Cosmetics (+ 12 %) saw … Read more
Qatar set to acquire luxury Sardinia assets Qatar continues the recent buying spree. The Middle East state made a name as an international investor by acquiring stakes in household name companies like Porsche, Paris Saint-Germain or French luxury goods group LVMH. The new assets spotted by Qatar’s sovereign wealth fund are situated on the Italian island … Read more
“What’s your Wild Rabbit?” Hennessy, the number one selling Cognac brand in the world, unveiled the brand’s new landmark communications campaign, entitled “Wild Rabbit.” Hennessy aims to draw parallels among the journeys of leading icons invarious fields and the paths being forged by those who enjoy Hennessy. Throughout their experience of the new campaign, Hennessy … Read more
Vivre à la française: Qatar Holding investment in LVMH raised at 1.03% Sovereign wealth fund Qatar Holding made a new investment in French luxury sector. The gas-rich emirate which has a participation in London department store Harrods, aquired a stake of slightly more than 1% in French luxury goods group LVMH Louis Vuitton Moet Hennessy. … Read more
Hublot, the Swiss watch brand owned by LVMH Moet Hennessy Louis Vuitton, unveiled at 2012 Baselworld Fair the world’s most expensive watch with a price tag of $5 million and inlaid with more than 1,200 diamonds, including six stones of more than 3 carats each. The watch was made by 17 people in 14 … Read more