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Over 300 articles

Spotlight | France, United Kingdom
How LVMH poured €111m into Stella McCartney

The Arnault family, majority shareholders of LVMH and partners of Stella McCartney since 2019, flocked to her show at Paris Fashion Week on 2 October 2022. © Studio Pachamama

Officially, French luxury giant LVMH and British designer Stella McCartney have been "partners" since 2019. In fact, they have strong financial links that have grown even closer in recent months. [...]

Published on 12.01.2023 at 05:30 GMT Reading time 3 minutes

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Houses

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Alexandre Arnault
Anin Star Holding
Antoine Arnault
Arnault
Bernard Arnault
Bolt Threads
Dior
Francis Kurkdjian
LVMH
Paul McCartney
Stella McCartney
Thélios

Europe
Kering and LVMH vie for virtuousness, Chanel switches sides

LVMH and Kering are each trying to rally luxury players to subscribe to their corporate responsibility and sustainability schemes. Chanel, which signed up to Kering's Watch & Jewellery Initiative 2030, has since switched allegiances to LVMH in the hope of influencing the auditing schedule for its supply chains.

Free access Houses 21.12.2023

United States
Gabriela Hearst's increasing designs on Hermès's Dumas heirs

American-Uruguayan fashion designer Gabriela Hearst has been working closely with one of the heirs to the three families that control Hermès.

Subscribers only Houses 16.11.2023

Spotlight | France, United Kingdom
How much did LVMH invest in Phoebe Philo's new venture?

Phoebe Philo, formerly creative director of LVMH brand Céline, is launching her own label later this month. The French luxury giant played a central role - and invested handsomely - in the British designer's hotly anticipated comeback.

Subscribers only Houses 05.10.2023

LVMH played a central role in the long-awaited return of British designer Phoebe Philo.

France, United States
Between Stella McCartney and Louis Vuitton, LVMH loyalties split over animal leather

Coming from Louis Vuitton's parent company, the statement was a surprise, to say the least.

Subscribers only Houses 07.09.2023

South Korea
LVMH deploys diplomatic touch in Seoul

The luxury giant is relying on France's diplomatic corps to help develop Dior, Vuitton and other LVMH brands in South Korea, a pivotal element of the very strategic Asian luxury market. The Bernard Arnault-led group is also cultivating relationships with South Korean authorities.

Subscribers only Houses 04.05.2023

France, United States
Alexandre Arnault, the man behind Jay-Z's return to the stage

Heading up his family's business empire in New York, Alexandre Arnault, an executive vice president at Tiffany & Co, also plays ambassador to US stars, particularly in the highly sought-after world of rappers.

Subscribers only Entourage 20.04.2023

United Kingdom, United States
Silicon Valley wealth manager Divesh Makan boosts Stella McCartney's board

Divesh Makan, whose multi-family office includes Facebook, Instagram and Twitter founders among its clients, has quietly joined the board of fashion designer Stella McCartney's UK holding company.

Free access Families 13.04.2023

India
Dior puts its best foot forward in bid for Indian market

Dior's pre-collection runway show will take place in Mumbai on Thursday, following tough negotiations with Indian authorities. LVMH was happy to play ball given the promise of the market, still largely untapped by luxury brands.

Subscribers only Houses 30.03.2023

Spotlight | France, Switzerland
Thirteen years on, French justice eyes key player in failed LVMH takeover of Hermès

The central role played by Swiss wealth manager Eric Freymond in LVMH's planned takeover of Hermès in 2010 has led to him being the subject of a judicial investigation in France that has been kept under wraps, until now.

Subscribers only Families 16.03.2023

Swiss asset manager Eric Freymond is the target of legal proceedings in France in connection with the planned takeover of Hermès by LVMH in 2010.

United States
Gabriela Hearst's delicate balancing act between Chloé and her namesake brand

As artistic director at Chloé, Gabriela Hearst is Richemont's poster child for sustainability. She keeps much quieter, however, about the shareholders and the financing of the namesake brand she runs in parallel.

Subscribers only Families 09.03.2023

Spotlight | France, South Korea
K-pop stars rise to the top of the fashion world charts

South Korea's pop stars are in huge demand as brand ambassadors for major fashion labels. Behind them are the powerful talent agencies negotiating their lucrative contracts - and millions of dollars in support from their own government.

Free access Entourage 02.03.2023

Spotlight | United Kingdom
Richemont, LVMH and Chanel add dukes, lords and royals to their collections

To thrive in the UK and throughout Europe and Asia, luxury fashion houses are counting on the established networks of dukes, lords and even crowned heads.

Subscribers only Houses 23.02.2023

King Charles III's coronation, scheduled for 6 May at Westminster Abbey, will be a major social event, and luxury giants are likely to feature prominently on the guest list.

France
Developer Ely-Michel Ruimy turns tidy profit in sale of Paris properties to Kering

The property developer, who also owns the licence for Joël Robuchon's restaurants internationally, has just sold four buildings in the French capital's Vendôme district to Kering for four times their purchase price.

Subscribers only Entourage 16.02.2023

France
Higher electricity prices spark disarray in luxury production lines

Soaring energy prices are putting a huge strain on textile factories, with luxury subcontractors heavily affected. Some have already switched to night work to cut costs, while the sector's lobbyists are busy seeking solutions behind the scenes.

Subscribers only Houses 02.02.2023

France, United States
Arnault family and US's Catterton make bid for A.P.C.

The sale of high-end ready-to-wear brand A.P.C. has attracted the interest of the L Catterton fund, which combines the American private equity specialist and the luxury giant LVMH's shareholding family.

Subscribers only Families 26.01.2023

France
Luxury industry forms alliance with H&M and Zara in battle against labelling requirements

Luxury's big names are appealing to H&M and Zara parent company Inditex via France's fashion federation with a view to developing clothing sustainability criteria that work in their favour, and that can feature on their garments without harming their businesses.

Subscribers only Entourage 19.01.2023

France
Brands elbow for exposure in Netflix's Emily in Paris

Luxury labels are eager to cash in on the success of Netflix hit Emily in Paris. Some brands do make the product-placement cut, but others fail - despite offering generous sums for the privilege.

Free access Houses 19.01.2023

France, Switzerland
Eyewear manufacturer Logo loses €133m claim it sought from LVMH

Dropped by sole client LVMH in 2016 in favour of its Italian competitor Marcolin, the eyewear manufacturer Logo, which has since gone bankrupt, tried to obtain compensation from the luxury giant for the split - to no avail.

Subscribers only Houses 19.01.2023

Switzerland
Is Hermès heir Nicolas Puech still in charge of his own foundation?

Hermès heir Nicolas Puech's foundation, recently renamed Isocrates Foundation and endowed with a capital of 10 million Swiss francs, has adopted new statutes that considerably restrict its founder's role.

Subscribers only Families 19.01.2023

France
Dior caught up in bitter neighbourhood battle on Avenue Montaigne

The Paris administrative court has just put an end to a legal dispute that the owners of a mansion next to Dior's new headquarters have been waging for three years. LVMH, the designer's parent company, recently renovated the HQ site at great expense.

Subscribers only Houses 05.01.2023

Italy
LVMH cutting ties between Loro Piana and traditional tailors

Both a fabric manufacturer and producer of its own ready-to-wear line, Italian group Loro Piana has built up long-standing links with tailors, to whom it has sold fabric and also enabled its own products to be sold.

Subscribers only Houses 24.11.2022

Spotlight | Saudi Arabia
LVMH, Kering, Richemont and Rolex face off in Riyadh, luxury's new El Dorado

The last Arab country under-equipped in malls and luxury shops, Saudi Arabia is progressively opening its doors to perfumes, jewellery and cosmetics, under Crown Prince Mohammed bin Salman's guidance. The industry's biggest names are jockeying for position.

Free access Houses 27.10.2022

France
LVMH still on the hunt for next protection chief

LVMH has been interviewing for a new head of protection for the group in the wake of former magistrate Laurent Marcadier's departure.

Subscribers only Houses 13.10.2022

France
Faux war rages on leather and fur front among LVMH, Kering, Chanel and Hermès

To make good on their countless environmental commitments, luxury giants are furiously seeking out substitute leathers and furs for their bags and coats. Their quest has turned into a pitched battle centred on a handful of subcontractors and specialised start-ups.

Free access Houses 13.10.2022

Set up email notifications for these topics

Alexandre Arnault
Anin Star Holding
Antoine Arnault
Arnault
Bernard Arnault
Bolt Threads
Dior
Francis Kurkdjian
LVMH
Paul McCartney
Stella McCartney
Thélios

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