French luxury house Chanel is raising prices across the globe on its iconic handbags and some small leather goods, according to Reuters. “The price adjustments only regard Chanel’s iconic handbags, 11.12 and 2.55, as well as Boy, Gabrielle, Chanel 19 bags and certain small leather goods,” Chanel said in a […]
Luxury retail sales are being hit hard by the coronavirus pandemic, but that hasn’t stopped some of the biggest names in the industry from helping fight the virus. On March 21 LVMH announced it would order 40 million face masks from China and send them to France to help France […]
Luxury fashion is bracing for impact as Italy has been put into complete lockdown amid the coronavirus outbreak. Italy has a fashion-and-textile industry worth $US107.9 billion, The Wall Street Journal’s Eric Sylvers reports. The headquarters of Prada, Versace, and Armani are all in the Italian city of Milan, while many […]
Luxury designer Virgil Abloh is in hot water after posting a screenshot showing he had donated $US50 toward a bail fund for protesters arrested amid the George Floyd protests. In a story posted to Instagram, the designer wrote “The Miami community ~ I’m crazy inspired. For kids in the streets […]
Alexandre Arnault, CEO of high-end luggage companyRimowa and son of billionaire LVMH CEO Bernard Arnault, is reluctant to use the word “luxury” when defining his brand, Women’s Wear Daily’sSindhu Sundar reported. His sentiments echo those expressed by other industry leaders, such as Tiffany CEO Alessandro Bogliolo and Montblanc Creative Director […]
Louis Vuitton recently opened a new restaurant called Le Café V. It is located within the brand’s four-story maison in Osaka, Japan, Women’s Wear Daily reports. This opening follows two other recent major announcements from Louis Vuitton: that it purchased the second-largest diamond in the world and that it has […]
The NBA and Louis Vuitton have announced a multiyear partnership which will include a capsule collection designed by Virgil Abloh, Vuitton’s creative director of menswear, Women’s Wear Daily reported. In announcing the deal, the NBA deputy commissioner said that many professional athletes are often seen wearing luxury clothes, and they […]
Gucci and Louis Vuitton are the only two luxury brands to have been ranked among the top global brands every year since 2000, according to a 2019 report by marketing and consulting firm Interbrand. But despite meeting at the top of the market sector, Gucci and Louis Vuitton had extremely […]
Luxury brand Louis Vuitton just purchased the second-largest diamond in the world for an undisclosed number of “millions” of dollars, according to Vanessa Friedman at The New York Times. This news comes just months after Louis Vuitton’s parent company, LVMH, announced its intention to buy American jewellery retailer Tiffany and […]
Kendall Jenner has never shied away from wearing popular trends on and off the red carpet. On Thursday, the model was pictured wearing tiny sunglasses, leather pants, and chunky “dad” sneakers – all of which were big fashion trends in 2019. Jenner topped off her outfit with a mini Louis […]
Louis Vuitton released its “League of Legends” collection, and it doesn’t come cheap. The collection has about 40 products, many of which cost well over $US1,000. Products are set to ship in February or March of 2020. Visit Business Insider’s homepage for more stories. For the person who has everything, […]
French luxury stocks dropped on Tuesday after US President Donald Trump threatened to slap tariffs on $US2.4 billion worth of wine, cheese, handbags, cosmetics, and other French exports. LVMH, Christian Dior, and Kering dropped about 2%, while Hermès slumped 2.6%, wiping a combined $US9 billion from the four companies’ market […]
Rihanna wore a soccer ball-shaped purse to a football match in Italy on Tuesday. Louis Vuitton made the limited-edition handbag design as part of a collection in 1998, when France hosted the World Cup. It’s not clear how much the bag cost, but a pre-owned purse from the same collection […]
Shares in Tiffany & Co and LVMH jumped on Monday after the pair agreed a $US16.2 billion merger, the largest luxury deal in history. The US jewellery retailer accepted an offer of $US135 in cash per share from the French luxury-goods giant, after rejecting a lower offer earlier this month, […]
Marketing and consulting firm Interbrand recently released their annual ranking of the best global brands worldwide, across all industries. Nine luxury brands appeared on the list this year. Gucci and Louis Vuitton are the only two luxury brands ranked among the top global brands every single year since 2000, Rebecca […]
Interbrand, a marketing consulting company, released its ranking of the top global brands of 2019. For the second consecutive year, luxury and retail comprise the fastest growing sector, with an average brand value growth of 11% year-over-year. Louis Vuitton takes the top spot as the world’s most valuable luxury brand, […]
President Donald Trump appeared alongside one of his allies in the luxury world to help open a Louis Vuitton (LV) workshop in rural Texas. The opening marked the first luxury brand to seemingly align itself with the controversial president, though LV leaders at the appearance wouldn’t claim any formal association […]
Deutsche Bank showered China’s elite with lavish gifts, hired their unqualified family members, and splurged millions on well-connected consultants to build its presence in the country, according to the New York Times. The German lender spent more than $US200,0000 on decadent presents, hired more than 100 relatives of the Communist […]
Luxury fashion stocks are soaring after LVMH, the parent company of Louis Vuitton and Moët, revealed better than expected sales for the third quarter. Investors feared the Hong Kong protests would dry up luxury brands’ sales, but the strong showing by LVMH, a bellwether for fashion brands, suggested otherwise. LVMH […]
Luxurystreetwear is gaining momentum among rich millennials. The streetwear subculture has been around for decades, but social media and the rise of athleisure have recently brought it to the forefront of fashion. Luxury brands like Gucci and Louis Vuitton are incorporating streetwear styles to their looks to appeal to millennials. […]
Everyone loves a good sale, but there are several major retailers that rarely, if ever, have one. Other stores exclude certain brands from their storewide sales. Here are 11 popular retailers that almost never mark their items down. Visit Business Insider’s homepage for more stories. Everyone loves a sale, even […]
Selena Gomez arrived at the 2019 Cannes Film Festival in grand fashion, wearing three wildly different outfits within the festival’s first two days. On Tuesday, she wore a white two-piece design by Louis Vuitton for a screening of her new film “The Dead Don’t Die.” She later changed into an […]
We visited luxury consignment shop The RealReal in Los Angeles to chat with sneaker and streetwear expert Sean Conway. Sean and INSIDER’s Caroline Aghajanian go through real and fake pairs of sneakers and determine which ones are the counterfeit shoe. Some of the shoes include Balenciaga Triple S, Adidas Yeezy […]
Louis Vuitton released wireless earbuds with LV logo branding. They cost almost $US1,000. The model of the earbuds are the MW07 buds from Master & Dynamic. We tried them out to see if they’re worth the high price tag. Following is a transcript of the video. Michelle Yan: Louis Vuitton […]
Institutional Investor ranked the continent’s best CEOs, CFOs, and investor relations professionals across 31 industries for its 15th annual All-Europe Executive Team ranking of 2019. The magazine and research firm compiled votes from 1,900 money managers and research analysts from more than 700 companies for its list of the top […]
Bella Hadid is widely known for her daring style and bold fashion choices. On Wednesday, the model was spotted in New York City attending the Louis Vuitton x Chrome Hearts store-opening party while wearing a neon yellow safety vest over her long, button-down shirt. She also rocked the “no-pants” trend […]
Google released its Year in Search report for 2018. Fashion Nova was the most searched-for fashion brand this year, beating out more established brands like Louis Vuitton, Versace, and Givenchy. These were the other most searched-for fashion brands, according to Google’s Year in Search. 2018 was all about luxury fashion. […]
A Russian Orthodox priest deleted his Instagram account and apologised for posting photos with products from Louis Vuitton and Gucci. The church said it was investigating the priest and that he will be disciplined. The priest said he didn’t buy the designer shoes and bags, but took photos of them […]
20 major companies lead the global fashion industry right now, according to the McKinsey Global Fashion Index. These companies account for 97% of global economic profit in the sector. Nike, Adidas, and H&M are among the well-known names on the list. According to the report, mid-market players are increasingly losing […]
The fashion industry has been undergoing some major changes recently. Some luxury brands, like Ralph Lauren, have been partnering with streetwear brands to reach younger shoppers and experiment with different business models. Other brands, like Michael Kors, have looking to build more global portfolios. “It feels like we’re living in […]
Following the all-white uniformity at Wimbledon, tennis players tend to go all out on fashion when they compete at the US Open every year. So it seems apt that Nike enlisted streetwear designer Virgil Abloh to create a new line for Serena Williams to wear at the tournament, which takes […]
The world of luxury smartwatches is a wild, wonderful, and expensive place. There are some that come with a justifiable price tag – like the Emporio Armani Connected, which is “only” $US395. Others, like TAG Heuer’s white gold and diamond-encrusted timepiece, cost more than most people make in a year. […]
France has won the official FIFA World Cup trophy, but before they did so, it was kept safe in a customised and exclusive Louis Vuitton box. It was also guarded by two members of security before it is handed over to the World Cup final winner. Read all of Business […]
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If you head down to Moscow’s Red Square today, you’ll see a giant, three story Louis Vuitton suitcase. The temporary building is almost 30 feet tall and houses the exhibition “Soul of Adventures,” which is designed to celebrate the 120th anniversary of the adjacent GUM mall where Louis Vuitton has […]
Chinese model Liu Wen in an ad for Louis Vuitton’s Les Foulards D’Artistes artist scarf design collaboration. (Louis Vuitton) Despite discussion that China’s economic growth may be picking up again after several months in slowdown mode, LVMH still posted lower-than-expected sales growth numbers for the third quarter last week that […]
Gucci, Chanel, Hermès and Louis Vuitton.
But we're guessing you won't notice.
[credit provider=”Cheng Xin”] Jordi Constans is stepping down as CEO of Louis Vuitton, citing medical reasons. He joined the fashion house just last month.His medical condition is “not life-threatening,” but he’s unable to meet the physical demands for the job, since it requires him to be constantly travelling, a source […]
[credit provider=”AFP”] Chateau d’Yquem will not be producing a 2012 vintage after harvest rain prevented the grapes from reaching the levels of concentration required to make the world’s most famous sweet wine.Pierre Lurton, who runs the celebrated estate behind the Sauternes wine for its main shareholder LVMH, said the decision, […]
Louis Vuitton is by far the most valuable luxury brand in the world, worth $23.577 billion—a 2 per cent increase from last year’s value—according to a new survey from brand consulting firm Interbrand.
[credit provider=”AP Images” url=”http://www.apimages.com”] Bernard Arnault, France’s richest man, is suing a French newspaper for publishing his photo with the words “Get lost, rich idiot!” after he announced plans to move.Arnault, the CEO of luxury retailer LVMH Moët Hennessy Louis Vuitton, is leaving France to go to Belgium. The newspaper, Liberation, […]
[credit provider=”Cheng Xin”] French luxury titans LVMH and Hermès, which have been engaged in a longstanding feud over LVMH’s rumoured attempted takeover of family-owned Hermès, are taking stabs at each other in a series of public complaints. LVMH, best known as owner of Louis Vuitton, acquired a 17.1 per cent stake in Hermès […]
[credit provider=”Louis Vuitton”] Taking a break from Olympic-sized swimming pools for the time being, Michael Phelps lumbered his 6’4″ body into a bathtub for new Louis Vuitton campaign that released today.
[credit provider=”ap”] SHANGHAI (Reuters) – Louis Vuitton is courting China’s wealthy with one-of-a-kind shoes and bags it is branding as unique works of art to reclaim its exclusive cachet in the luxury market.The French luxury brand, a unit of LVMH, is set to open its largest China store in Shanghai […]
[credit provider=”Pascal Le Segretain/Getty”] France’s tradition of making exquisite luxuries dates back at least to the court of Louis XIV.The sun king financed ébénistes (cabinet-makers), tapisseurs (upholsterers), menuisiers (carpenters) and other artisans who made beautiful and largely useless things for the court of Versailles. Bernard Arnault might be his heir.
[credit provider=”zoetnet via Flickr” url=”http://www.flickr.com/photos/zoetnet/4857185277/sizes/m/in/photostream/”] The French fashion house has been valued at £16.5 billion ($25.9 billion), making it the most valuable luxury fashion brand.Louis Vuitton has been named the most valuable luxury brand in the world for the seventh year running.
Of all the world’s luxury brands, leather goods maker Louis Vuitton is by far the most valuable, according to a new ranking from BrandZ and Millward Brown Optimor.
[credit provider=”Cheng Xin”] The largest luxury conglomerate in the world, LVMH Moët Hennessy Louis Vuitton, said revenue continued to grow at a breakneck pace during the first few months of 2012 as pent up demand for high-end goods boosted sales.LVMH reported organic revenue surged 14 per cent to €6.582 billion, against […]
Kate Upton got everyone in the Easter mood this weekend after revealing a minute-long video titled “Kate Upton as Peter Cottontail.”
[credit provider=”Screen shot of Huffington Post” url=”http://www.huffingtonpost.com/2011/12/13/louis-vuitton-condoms_n_1145902.html”] Today everyone was talking about Louis Vuitton condoms on Twitter.If you’re willing to spend $68 for a twelve pack, you might be disappointed, as they are not actually associated with the company but have been designed by Irakli Kiziria for Design Provocation, according […]
If you find yourself gift-shopping for a Chinese millionaire anytime soon, head straight to the leather goods section of your nearest department store and pick up anything from Louis Vuitton.
Take walk down Fifth Avenue, Michigan Avenue or Rodeo Drive, and you might think Louis Vuitton had finally had a sale.
[credit provider=”AP/Eugene Hoshiko”] Deutsche Bank was quick to lower price targets today on eight luxury good conglomerates following the close of Paris fashion week.Though most brands showed to strong review, fears that a slowing Chinese consumer will cut back put pressure on the mostly French firms. Analyst Francesca DiPasquantonio noted that […]
Luxury fashion company Louis Vuitton is known for its bags and shoes. But the designer has now moved into a totally new realm — honey.
Louis Vuitton commissioned London artist Billie Achilleos to build four animal sculptures for the launch of its Mon Monogram small leather good collection.
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