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Over 300 articles

France, United States
After Richemont's lacklustre results, LVMH poised to release its own mid-year report

The 17 July release of Richemont's underwhelming first-half results has sent stock prices falling across the luxury sector. Glitz.paris offers early insight into LVMH's results, set to be made public later this month. [...]

Published on 20.07.2023 at 05:00 GMT Reading time 2 minutes

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Houses

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Covid-19
Dior
Dior Homme
Louis Vuitton
Louis Vuitton Homme
LVMH
Pharrell Williams
Richemont
Tag Heuer
Tiffany & Co

United States
LVMH's consolidated jewellery results conceal disappointing downturn for Tiffany & Co

The luxury giant's management is due to face questions about Tiffany's results at its AGM on 18 April. LVMH's 2023 figures amalgamate all of the group's brands, without going into detail about the US jeweller, which has seen a major slowdown in sales.

Subscribers only Houses 28.03.2024

Front Row | Belgium
Jean-Marc Loubier, Delvaux's strongman

The Belgian leather goods manufacturer and Richemont subsidiary has grown considerably in recent years. But behind the scenes, relations between Delvaux CEO Jean-Marc Loubier and his employees are fraught.

Subscribers only Houses 01.02.2024

Jean-Marc Loubier, CEO of Belgian leather goods manufacturer Delvaux.

France
Richemont bails out Azzedine Alaïa Foundation

Headed by the founder of Elle Italia, Carla Sozzani, the foundation created by designer Azzedine Alaïa before his death in 2017 was for a long time running at a loss. As of last year, it has been back in the black, thanks to generous donations from its patrons.

Subscribers only Families 02.11.2023

France
Bureau Betak pulls out all the stops for Dior

With its teams working around the clock on Dior's 2024 spring-summer runway, Bureau Betak ended up producing the show at a loss. Its operating costs far exceeded the fashion brand's fee.

Subscribers only Entourage 28.09.2023

Spotlight | France
La Samaritaine: the iconic Paris department store that became a burden for LVMH

Two years after its much-touted reopening, the veritable institution that LVMH spent €750m renovating in the heart of the French capital is struggling to pull in customers.

Subscribers only Houses 07.09.2023

La Samaritaine, the Paris institution refurbished by Bernard Arnault's LVMH, is struggling to find customers.

United States
Luxury brands hope for bigger bite of New York ad space apple

Until now, and unlike in Paris, London and Milan, the big names in luxury have not been allowed to display their products on the huge panels that cover scaffolding in New York. But new legislation could be about to change that.

Subscribers only Entourage 27.07.2023

Spotlight | France
LVMH buys Louis Vuitton building in low-profile, record-breaking deal

The luxury group now owns Louis Vuitton's iconic Paris flagship store on the corner of the Champs-Elysées and the Avenue Montaigne. Glitz.paris reveals the details of the deal, including who, what and how much was involved.

Subscribers only Houses 13.07.2023

LVMH has bought the building at 101 Avenue des Champs-Elysées, home to Louis Vuitton's flagship store.

France
Richemont and LVMH not in clover as fresh legal battles blossom

After clashing first over the use of the Vendôme name, and then over the poaching of managers and, potentially, of trade secrets, luxury giants Richemont and LVMH are now squaring off over the intellectual copyright of a range of clover-shaped jewellery.

Free access Houses 06.07.2023

France
Bernard Arnault's dream shopping list, episode 2: Summer browsing

While LVMH chief Bernard Arnault has officially denied plans to buy Cartier, the luxury giant is exploring other acquisition targets - including a 150-year-old tailor.

Subscribers only Houses 29.06.2023

France
Who produced the first Pharrell Williams runway show at Louis Vuitton?

Since 20 June, Instagram has been awash with images of Louis Vuitton's first runway show since Pharrell Williams became creative director. But the company that produced the star-studded event on Paris's Pont Neuf has remained shrouded in mystery.

Subscribers only Houses 22.06.2023

France, Italy
Gucci goes for broke with men's ready-to-wear

As Glitz.paris understands it, the recent revival of interest in Gucci is due in part to men's ready-to-wear, particularly in France.

Subscribers only Houses 25.05.2023

France
Brigitte Macron's penchant for LVMH irks French luxury industry

French President Emmanuel Macron's wife flaunts her unabashed taste for LVMH brands - and Louis Vuitton in particular - to the dismay of rival houses, who long to see the first lady touting the full breadth of French luxury's wares, ambassador-style.

Free access Entourage 11.05.2023

Spotlight | Saudi Arabia, Switzerland
The secret negotiations paving the way for Richemont's rise in Saudi Arabia

Just as major luxury brands are jostling for a foothold in the coveted Saudi market, Swiss giant Richemont has signed a major agreement in the country. The contract opens the door to the local market, as well as offering an opportunity to tap into the stream of wealthy visitors making Hajj pilgrimages to the kingdom.

Subscribers only Houses 27.04.2023

Swiss group Richemont will open a TimeVallée shop at a strategic location in Saudi Arabia.

Middle East
LVMH faces dilemma over precious Tiffany & Co franchises

The French luxury goods giant LVMH, which bought American jeweller Tiffany & Co in January 2021, enforces a strict policy regarding control of the sales chain for all its brands.

Subscribers only Houses 02.03.2023

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Louis Vuitton
Louis Vuitton Homme
LVMH
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