by Manali bhanushali | Jun 29, 2021 | Apparel, Fashion & Retail, News & Insights
Luxury conglomerate company LVMH, the parenting company to luxury brands including Louis VuMitton, Dior and Givenchy, now fully owns 100 percent of the Italian brand Emilio Pucci. Previously, the luxury giant held a majority stake in Pucci since 2000, but now LVMH has...
by Manali bhanushali | Jun 25, 2021 | Fabrics & Processing, News & Insights
LVMH Mot Hennessy Louis Vuitton has formed a collaboration with the fabric recycling company Weturn, with the goal of providing its brands with a mechanism for handing over unwanted branded materials to be turned into spools of thread. LVMH has partnered with start-up...
by moosa.nayeem | Jul 30, 2020 | Leather, News & Insights
The France headquartered luxury group said its profits were severely hit by Covid-19’s impact on Europe and the U.S. despite promising signs of recovery in China. However, despite a sales drop of 37%, the Group expressed confidence that it can ride out the economic...
by munimji | Jul 28, 2020 | Corporate / SME News, News & Insights
LVMH flagship brand Louis Vuitton, luxury goods handbags and ready to wear fashion brand, has reported a decline in revenue by 27 percent to € 18.4 billion in its H1of the FY 2020 as compared to the revenue of € 25.1 billion in the previous year. There is also a dip...
