You Searched For "luxury conglomerate" and got 20 results
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1 min read
A luxury buying spree is sending shares of companies like Gucci owner Kering and Hermes soaring
Kering and Hermes are up 17% and 23% year-to-date, partly on optimism surrounding China's economic …
Morgan Chittum
3 mins read
The world's richest man's plan to build a luxury hotel on LA's most famous shopping street was torpedoed after residents voted against it
Beverly Hills residents voted against Bernard Arnault's plan to build an exclusive 115-room hotel o…
Grace Dean
3 mins read
There's a real-life 'Succession' drama playing out among the children of Bernard Arnault, the world's richest person and head of luxury behemoth LVMH
The Roy family in "Succession" is often compared to the Murdochs, but the Australian media giants a…
Pete Syme
2 mins read
Luxury powerhouses LVMH, Kering, Hermès, and Chanel join growing list of US and European companies halting business with Russia
The companies join a growing list of retailers across the US and Europe who are ceasing business wi…
Bethany Biron
3 mins read
3 Gen Zers created a competition to connect young creatives with cash and careers amid the pandemic. Now, luxury giant Kering is getting involved.
On August 30, Prospect 100 will launch a competition with the parent company of Gucci and Yves Sain…
Dominic-Madori Davis
2 mins read
Beyoncé and Jay-Z become the new faces of Tiffany's as it shakes off 'fusty' image to woo younger shoppers
The couple will work as ambassadors for the brand, along with actress Anya Taylor-Joy and Olympic s…
Mary Hanbury
3 mins read
LVMH has countersued Tiffany over the firms' $16 billion merger, accusing the jeweler of financial mismanagement
LVMH countersued Tiffany on Monday, and remains confident that it can walk away from the $16 billio…
Grace Dean,Reuters
2 mins read
An antitrust body says it will rule on LVMH's takeover of Tiffany next month — but the French luxury giant plans to pull out either way
Eight of 10 required antitrust bodies have cleared LVMH's $16 billion acquisition of Tiffany, and t…
Grace Dean
2 mins read
Louis Vuitton owner LVMH pulls out of its $16 billion takeover of Tiffany & Co.
As LVMH pulled out of the takeover, Tiffany said it was taking legal action to try to force through…
Grace Dean
2 mins read
Sabyasachi sells 51% stake to Aditya Birla Fashion
New Delhi, Jan 27 (IANSlife) One of the most influential labels, if not the reigning brand in India…
2 mins read
Tiffany sinks 11% after Louis Vuitton-owner LVMH calls off $16 billion takeover deal
Tiffany alleged LVMH sought to leverage US social justice protests and the coronavirus pandemic to …
Ben Winck
6 mins read
A millennial entrepreneur who runs a high-end watch retailer explains why now is the time to invest in watches - and which timepieces are the most valuable
Many luxury watches, like Rolexes and Richard Milles, hold good investment value - like a Birkin ba…
Dominic-Madori Davis
2 mins read
Louis Vuitton owner LVMH will temporarily close Rihanna's luxury fashion venture Fenty
LVMH will 'put a hold' on Rihanna's fashion business Fenty as it anticipates better conditions.
Fatma Khaled
2 mins read
Elon Musk has been unseated as the world's second-richest person by luxury goods tycoon Bernard Arnault
Arnault and his family control 47.5% of LVMH, and his surge in wealth appears to be the result of a…
Avery Hartmans
3 mins read
Tiffany doesn't want you to call it a luxury brand anymore
"I'm a baby boomer and when I was young, for me it was to buy a strong brand, a famous brand, and t…
Katie Warren
3 mins read
A former LVMH exec says the coronavirus outbreak is a 'disaster' for luxury brands as Chinese tourism evaporates
"Firstly, it would appear that this virus is not as aggressive as that that was detected back when …
Mary Hanbury
2 mins read
Louis Vuitton is opening its first restaurant, but it's just the latest luxury brand to make moves in the culinary world
Miles Socha of Women's Wear Daily reports that the luxury brand is set to open the world's first Vu…
Dominic-Madori Davis
2 mins read
LVMH has agreed to buy Tiffany & Co at a $400 million discount on the original price, ending a bitter dispute. It's still the luxury sector's biggest-ever deal.
Luxury goods giant LVMH, which owns Louis Vuitton, is buying US jeweler Tiffany & Co for $15.8 bill…
Grace Dean,Reuters
2 mins read
Rihanna is reportedly planning to launch a new fashion brand with one of the biggest luxury companies in the world
"I wanted every woman on the stage with different energies, different races, body types, different …
Mary Hanbury
1 min read
LVMH just offered to buy Tiffany & Co - here's a look at 17 of the most iconic brands the French luxury giant owns
On Monday, Tiffany published a press statement on its website, announcing that LVMH had approached …