Biggest Luxury Group Acquires Italian Jewelry Producer To Significantly Increase Production Capacity

LVMH strengthens its position in jewelry with the acquisition of Pedemonte. LVMH Group announces the acquisition, from the Equinox III SLP SIF investment fund, of the Pedemonte Group, a jewelry producer present in Italy and France. This strategic operation for the Watches & Jewelry Division and its jewelry Maisons will allow the Group to significantly … Read more

Startup providing sustainable solution for luxury brands wins 2022 LVMH Innovation Award

In an era of unprecedented digital acceleration, each of these startups embodies excellence in its particular area of expertise, with products or services that are helping to shape the customer experience of the future. LVMH announces 2022 Innovation Award prize list, and its Grand Winner TOSHI, during 2022 Viva Technology show, the annual technology conference, … Read more

Watches & Jewelry brands are ramping up e-commerce and rapidly adopting social media

Digital IQ Index: Watches & Jewelry 2012 edition For the second year in a row, Tiffany & Co. has earned the top position in L2’s “Digital IQ Index: Watches & Jewelry” ranking, a study which benchmarks the digital competence of 47 prestige Watches & Jewelry brands across four dimensions: site, digital marketing, social media, and … Read more

LVMH’s sales continued to show strong momentum. 22% increase in revenue for the first 9 months of 2012

LVMH: 22% Increase in Revenue for the First Nine Months of 2012 LVMH’s Beauty Sales Remain Strong  LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury products group, recorded revenue of €19.9 billion for the first nine months of 2012, an increase of 22% on the comparable period in 2011. After taking into account the … Read more

LVMH: 25% increase in first quarter 2012 revenue

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