Lifestyle

Chanel’s factories are making face masks, LVMH is producing sanitizer, and Bulgari is funding coronavirus research. Here’s how the luxury retail world is aiding the fight against the global pandemic.

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 […]
Chanel’s factories are making face masks, LVMH is producing sanitizer, and Bulgari is funding coronavirus research. Here’s how the luxury retail world is aiding the fight against the global pandemic.
Lifestyle

Italy’s nationwide coronavirus lockdown is set to rock the luxury retail industry, with brands bracing for what could be a billion-dollar setback

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 […]
Italy’s nationwide coronavirus lockdown is set to rock the luxury retail industry, with brands bracing for what could be a billion-dollar setback
Lifestyle

The son of French luxury billionaire Bernard Arnault rejects the word ‘luxury’: ‘I don’t think price should really come into the equation’

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 […]
The son of French luxury billionaire Bernard Arnault rejects the word ‘luxury’: ‘I don’t think price should really come into the equation’
Lifestyle

Take a look inside Louis Vuitton’s first restaurant

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 […]
Take a look inside Louis Vuitton’s first restaurant
Lifestyle

The NBA and Louis Vuitton just announced a multiyear partnership that includes an LV-branded trophy case and a capsule collection designed by Virgil Abloh

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 […]
The NBA and Louis Vuitton just announced a multiyear partnership that includes an LV-branded trophy case and a capsule collection designed by Virgil Abloh
Lifestyle

Louis Vuitton and Gucci are the only 2 luxury companies to consistently rank among the world’s most valuable brands for the last 20 years. Here’s how they grew to dominate the high-end retail sector.

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 […]
Louis Vuitton and Gucci are the only 2 luxury companies to consistently rank among the world’s most valuable brands for the last 20 years. Here’s how they grew to dominate the high-end retail sector.
Tech

Take a look at Louis Vuitton’s new collection of video game clothes, a collaboration with ‘League of Legends’ that includes a $5,000 leather jacket

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, […]
Take a look at Louis Vuitton’s new collection of video game clothes, a collaboration with ‘League of Legends’ that includes a $5,000 leather jacket
Lifestyle

The 9 most valuable luxury brands in the world

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, […]
The 9 most valuable luxury brands in the world
News

Why Trump helped open a Louis Vuitton workshop in rural Texas

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 […]
Why Trump helped open a Louis Vuitton workshop in rural Texas
Markets

Crystal animals, Louis Vuitton luggage, and a trip to Las Vegas: Deutsche Bank reportedly showered China’s elite with lavish gifts to win business

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 […]
Crystal animals, Louis Vuitton luggage, and a trip to Las Vegas: Deutsche Bank reportedly showered China’s elite with lavish gifts to win business
News

11 stores where you’ll probably never buy anything on sale

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 […]
11 stores where you’ll probably never buy anything on sale
Lifestyle

How to spot fake sneakers

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 […]
How to spot fake sneakers
News

The 20 companies that dominate the global fashion industry

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 20 companies that dominate the global fashion industry
News

‘We’re living in the age of the remix’: Fashion brands are making major changes to appeal to Gen Z in a new era of luxury

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 […]
‘We’re living in the age of the remix’: Fashion brands are making major changes to appeal to Gen Z in a new era of luxury
Tech

9 of the most beautiful, expensive luxury smartwatches you can buy

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. […]
9 of the most beautiful, expensive luxury smartwatches you can buy
News

How Luxury Brand LVMH Is Adapting In China

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 […]
How Luxury Brand LVMH Is Adapting In China
News

Louis Vuitton’s New CEO Steps Down After Only One Month On The Job

[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 […]
Louis Vuitton’s New CEO Steps Down After Only One Month On The Job
News

France’s Richest Man Sues Newspaper For Saying ‘Get Lost, Rich Idiot’

[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, […]
France’s Richest Man Sues Newspaper For Saying ‘Get Lost, Rich Idiot’
Lifestyle

A Brutal Dispute Between Two Luxury Heavyweights Just Got Even Uglier

[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 […]
A Brutal Dispute Between Two Luxury Heavyweights Just Got Even Uglier
Lifestyle

LVMH Is Slowly Taking Over The Entire Luxury Market

[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.
LVMH Is Slowly Taking Over The Entire Luxury Market
Lifestyle

At $26 Billion, Louis Vuitton Is The World’s Most Valuable Luxury Brand

[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.
At $26 Billion, Louis Vuitton Is The World’s Most Valuable Luxury Brand
Strategy

Now You Can Buy Your Very Own ‘Louis Vuitton’ Condoms

[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 […]
Now You Can Buy Your Very Own ‘Louis Vuitton’ Condoms
Markets

Deutsche Bank Cuts Price Targets On Louis Vuitton, Gucci and Burberry

[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 […]
Deutsche Bank Cuts Price Targets On Louis Vuitton, Gucci and Burberry
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