All LVMH articles
-
News briefs
LVMH names a new head for its Fashion Group business
LVMH has appointed Pietro Beccari as Chair and Chief Executive Officer of LVMH Fashion Group. Beccari will replace Sidney Toledano who decided to step down after more than 30 years working with LVMH’s Chairman and CEO, Bernard Arnault. Beccari will combine his new responsibilities with those of Chair and CEO ...
-
News briefs
LVMH sees improving sales in Q3
LVMH’s fashion and leather goods division posted revenues of €29.922 billion in the first nine months of 2025, down by a reported 8 percent year-over-year and down by 6 percent organically. In the sole third quarter, the division’s revenues fell by an organic 2 percent. Sales for the whole French ...
-
News briefs
Fendi hires Maria Grazia Chiuri as Chief Creative Officer
Fendi, the Rome-based fashion house owned by the French group LVMH, has appointed Maria Grazia Chiuri as Chief Creative Officer. She will present her first collection, for the fall/winter 2025-2027 season, in Milan in February. “Maria Grazia Chiuri is one of the greatest creative talents in fashion today, and I ...
-
News briefs
LVMH joins Global Fashion Agenda
LVMH has joined the Global Fashion Agenda (GFA) as a Strategic Partner. The partnership was announced during Climate Week NYC, an annual charity event that promotes climate action, hosted in New York City from Sept. 21 to 28. Through this partnership, LVMH will collaborate with other industry stakeholders to scale ...
-
News briefs
LVMH’s sales and earnings decline in H1
LVMH’s fashion and leather goods division posted revenues of €19.115 billion in the first half of 2025, down by a reported 8 percent year-over-year and down by 7 percent organically. The profit from recurring operations for the division decreased 18 percent to €6.636 billion. Sales for the whole French ...
-
News briefs
Loro Piana placed under judicial administration in Italy
Loro Piana, the Italian luxury brand controlled by the French luxury goods group LVMH, has been placed under judicial administration for one year by a Milan-based court. According to the court, Loro Piana has been deemed “incapable of preventing and curbing labor exploitation phenomena within the production cycle” in ...
-
News briefs
LVMH’s sales slip in Q1
LVMH’s fashion and leather goods division posted revenues of €10.108 billion in the first quarter of 2025, down by a reported 4 percent year-over-year and down by 5 percent organically. Sales for the whole French luxury-goods conglomerate were down by a reported 2 percent to €20.311 billion. Organic sales ...
-
News briefs
LVMH’s sales improve in Q4
LVMH’s fashion and leather goods division posted revenues of €41.060 billion in 2024, down by a reported 3 percent year-over-year and down by 1 percent organically. In the sole third quarter, organic sales dropped by 1 percent compared with a 5 percent decline in the third quarter. Profit from recurring ...
-
News briefs
LVMH names a new CFO
LVMH announced that Cécile Cabanis, a member of its executive committee, will be appointed Chief Financial Officer of the French luxury goods group, succeeding Jean-Jacques Guiony as of Feb. 1. Meanwhile, Guiony, who is a member of the executive committee, will be named President and Chief Executive Officer of the ...
-
News briefs
LVMH continues to post weak sales
LVMH’s fashion and leather goods division posted revenues of €29.922 billion in the first nine months of 2024, down by a reported 3 percent year-over-year and down by 1 percent organically. In the sole third quarter, organic sales dropped by 5 percent. Sales for the whole French luxury-goods conglomerate were ...
-
News briefs
LVMH buys a stake in Moncler key shareholder
LVMH, through a special purpose vehicle, has purchased a 10 percent stake in Double R, the investment vehicle controlled by Ruffini Partecipazioni Holding, which owns a 15.8 percent stake in Moncler, an Italian brand of premium down jackets. The financial terms of the deal were not disclosed. Under the terms ...
-
News briefs
Givenchy names Sarah Burton as Creative Director
The French fashion house Givenchy, which is owned by the French luxury goods conglomerate LVMH, announced the appointment of Sarah Burton as Creative Director, with immediate effect. Burton will be responsible for the creative direction of all of the women’s and men’s collections. She will present her first collection in ...
-
News briefs
LVMH's sales decline
LVMH’s fashion and leather goods division posted revenues of €20.771 billion in the first half of 2024, down by a reported 2 percent year-over-year but up by 1 percent organically. Profit from recurring operations for the division were down a reported 6 percent to €8.058 billion. Sales for the ...
-
News briefs
Tod’s can be delisted after a successful public tender
Crown Bidco, the investment vehicle used by L Catterton to buy out Tod’s’ minority shareholders at €43 per share, has obtained sufficient acceptances to delist the Italian luxury goods group. In the public tender that ended on May 8, Crown Bidco obtained acceptances for 5.855 million shares, representing 17.691 percent ...
-
News briefs
LVMH could take over Tod’s
LVMH could end up taking over Tod’s after the footwear company is delisted, according to the British bank Barclays. With the purpose of delisting Tod’s from the Milan stock exchange, L Catterton, a private equity firm backed by the French luxury goods group, launched on March 25 a public ...
-
News briefs
LVMH’s sales decline in Q1
LVMH’s fashion and leather goods division posted revenues of €10.490 billion in the first quarter of 2024, down by a reported 2 percent year-over-year but up by 2 percent organically. Sales for the whole French luxury-goods conglomerate were down by a reported 2 percent to €20.694 billion, but up ...
-
ArticleTod’s shareholder calls for higher bid price to delist company
Tabor Asset Management, a US investment company that has a 1.1 percent stake in Tod’s, is urging shareholders to reject a public tender to delist the Italian fashion group on the grounds that it does not fully value the company. On March 22, the Italian stock market regulator Consob approved ...
-
News briefs
Italian regulator clears bid to delist Tod’s
The Italian stock market regulator Consob has approved the prospectus for the offer on Tod’s launched by the investment vehicle of L Catteron, a private equity firm backed by the French luxury goods group LVMH. The bid is for 9,255,498 ordinary shares, representing 27.968 percent of the share capital of ...
-
News briefs
Della Valle family does not plan to sell Tod’s
The Della Valle family that controls Tod’s has no intention of selling the Italian producer of luxury goods, said Diego Della Valle, the chairman and CEO of Tod’s. “We don’t have to sell anything, we have a family business with young people who want to do this job,” Della Valle ...
-
ArticleNew delisting attempt for Tod’s
After failing at the end of 2022, Tod’s’ key shareholders are trying again to delist the Italian company by offering a higher price. Financial analysts are divided on whether the new attempt will be successful. Under the current offer, Crown Bidco, a company controlled by L Catterton, a private equity ...
