lvmh
Top European luxury stocks have all shown a slowdown in growth in their first-quarter earnings results, although these brands displayed varying growth patterns. The Stoxx Europe Luxury 10 Index (STXLUXP), which consists of 10 companies positively exposed to European luxury goods, such as LVMH, Hermes, and Kering, fell by 2% monthly. Meanwhile, the European Stoxx 600 Index (SXXP) rose by 3% during the same period. A notable trend was that most companies reported a negative impact from weakened consumer demand in Asia, particularly in China. This sector may experience flat growth due to a sluggi...
Euronews (English)
Romania’s minister of culture says she will ask French luxury fashion house Louis Vuitton to acknowledge that a traditional Romanian blouse directly inspired items in one of its 2024 collections. “We will request that Louis Vuitton recognize the heritage and cultural value of the traditional blouse model with ribbons,” Raluca Turcan wrote on Facebook late Monday, adding it’s an opportunity for international recognition of the “inestimable value” of Romanian tradition. In pictures: Adorable designer dogs strut their stuff at the Pet GalaOn Wednesdays we wear black: How to celebrate World Goth D...
Euronews (English)
Le patron d'Amazon, Jeff Bezos, a dépassé Bernard Arnault, le patron de LVMH, en tant qu'homme le plus riche du monde, selon l'indice Bloomberg Billionaires, un classement quotidien des personnes les plus riches du monde. Toutefois, Bernard Arnault, avec sa fortune estimée à 203 milliards de dollars (187,6 milliards d'euros), n'est pas très loin du fondateur américain et principal actionnaire d'Amazon, dont la fortune s'élève à 205 milliards de dollars (190,4 milliards d'euros). La lutte pour la première place se poursuitElon Musk, le patron de Tesla, SpaceX et X (ex-Twitter), a été coiffé au ...
Euronews (French)
Amazon boss, Jeff Bezos, has overtaken Bernard Arnault, the head of LVMH as the world's richest man , according to Bloomberg Billionaires Index, a daily ranking of the world's richest people. However, Bernard Arnault, with his estimated fortune of $203 billion (€187.6 billion), is not trailing too far behind the American founder and major shareholder of Amazon, who has a fortune of $205 billion (€190.4 billion). Battle for top spot continues apaceElon Musk, the boss of Tesla, SpaceX and X (formerly Twitter), was beaten into the top slot in March by Bezos, after losses of more than $30 billion ...
Euronews (English)
Louis Vuitton desveló sus últimos diseños de moda en el Park Güell de Barcelona, complementando a la perfección la obra maestra arquitectónica de Antoni Gaudí con nuevos y espectaculares estilos. Donde los turistas pisan a diario en camisetas de tirantes, pantalones cortos y chanclas, el sitio declarado Patrimonio de la Humanidad por la UNESCO se transformó en un escenario para prendas vanguardistas que armonizaban con sus tonos terrosos y etéreos. Las modelos serpentearon entre las 86 columnas dóricas que sostienen una plaza abovedada en el centro del parque que domina Barcelona y el mar Medi...
Euronews (Spanish)
Louis Vuitton unveiled its latest fashion designs at Barcelona’s Park Güell perfectly complementing Antoni Gaudí’s architectural masterpiece with dramatic new styles. Where tourists tread daily in tank tops, shorts and flip flops, the UNESCO World Heritage Site transformed into a stage for avant-garde garments that harmonised with its earthy and ethereal tones. The models weaved their way through the 86 Doric columns that hold up a vaulted square in the center of the park that overlooks Barcelona and the Mediterranean Sea in the distance. In pictures: Gucci hosts star-studded cruise collection...
Euronews (English)
Fashion and technology meet at the Viva Technology fair in Paris this week, with artificial intelligence (AI) taking centre stage. While the tech is being embraced, there are fears it could stifle creativity. “Our use of AI is clearly long-term,” Gonzague de Pirey, chief officer of Omnichannel and data at the luxury conglomerate LVMH told Euronews Next. “We're in the luxury business. In fact, we don't really follow fashion phenomena, we're very wary of that,” he said at an adorned LVMH stand that takes you through a so-called “dream garden” with its meticulously hand-crafted white paper foliag...
Euronews (English)
Eight up-and-coming fashion designers have been selected for the final round of the LVMH young designers prize, representing European countries and the United States. The eight winning brands presented a blend of menswear, womenswear and gender-fluid collections to a jury of design experts and the public last week. CEO of Dior and Executive Vice President of LVMH Delphine Arnault said the contestants brought diversity, craftsmanship and sustainability to the table. “The semi-finalists showed great expertise in terms of craftsmanship and a strong commitment to sustainability,” Arnault said in a...
Euronews (English)
Chinese consumers are becoming more cautious when it comes to spending on big-ticket items such as luxury goods, Swatch has warned. The increased cost of living, as well as a slowing economy still dealing with the lingering effects of the Covid-19 pandemic, have significantly contributed to this, the Swiss watchmaker explained. Increasing youth unemployment, as well as a struggling property sector has ensured that consumers are now thinking much more before making a purchase, preferring to buy fewer but more long-lasting pieces. Deflationary concerns have also led to clients choosing to save a...
Euronews (English)
LVMH、仏宝飾品メーカー「プラチナム・インベスト」を買収 ティファニー生産強化へ パリ(ロイター)...
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