Tag
#lvmh
4 articles
Companies & Capital
Luxury Brands Lose 50 Million Customers in Two Years
The luxury goods sector grapples with a significant decline in its customer base. Over the past two years, the industry has lost around 50 million customers, marking the first contraction in shopper numbers in decades.
29 Nov 2024
Companies & Capital
Luxury Slows Down, Just A Bit
LVMH's sales report for the first quarter revealed that wealthy consumers in the United States are reducing their purchases of high-end fashion and leather goods.
17 Apr 2023
Companies & Capital
Louis Vuitton Scales Up Manufacturing In France
The luxury group's sales, as well as those of its rivals Kering and Richemont, have risen dramatically as a result of rising demand for European fashion and accessories.
23 Feb 2022
Companies & Capital
LVMH, Luxury's Growth Champion
LVMH is a French luxury conglomerate that has grown through an aggressive acquisition strategy, transforming it into the largest luxury group
30 Jun 2021
