LVMH news and archive

LVMH to launch new fashion Maison with Rihanna

What do 67 million Instagram followers, a chart topping music career and beauty brand aimed at diversity give you? An LVMH-backed fashion brand if your name is Rihanna. In unconfirmed reports, yet widely publicised from trade publication WWD to the New York Times, Robyn Rihanna Fenty is to have her own fashion Maison named after her surname,...

Fashion Featured

Rihanna said to be in talks with LVMH to launch luxury house under her name

It looks like Rihanna is reaching for even greater heights in the fashion industry. The pop star is in “secret talks” with luxury conglomerate LVMH to launch a luxury house under her name, says fashion publication WWD quoting “multiple sources” familiar with the negotiations. If the rumors are true, Rihanna’s label would be the first to be...

Management

Delphine Arnault joins the executive committee of LVMH

Delphine Arnault, Executive Vice President of Louis Vuitton has been appointed to the executive committee of French luxury conglomerate LVMH. Delphine Arnault is daughter of the group’s Chairman and CEO Bernard Arnault. “I am delighted to have Delphine join us on the executive committee of the group. Her arrival increases the number of women on...

Fashion Featured

LVMH takes minority stake in Gabriela Hearst

Gabriela Hearst is joining the LVMH portfolio. The investment arm of the international luxury group LVMH, called LVMH Luxury Ventures, has taken a minority stake in the New York-based fashion label. While terms of the deal have not been announced, a press release noted that LVMH Luxury Ventures' investments usually range from 2 million to 15...

BusinessFeatured

HSBC predicts luxury market to slow down in 2019

International bank HSBC forecasts growth in the luxury sector to slow down from 9 percent in 2018 to 6 percent in 2019. But that isn't necessarily bad news. In a report titled Expecting the Unexpected, shared by email with FashionUnited, the bank said the main reason why it believes the sector is likely to slow down is because it has been...

Fashion Featured

'Pooey Puitton' parody toy maker sues Louis Vuitton

Louis Vuitton hadn't even taken action against a satirical toy before its maker slapped down a lawsuit. MGA Entertainment, a California-based toy company filed a preemptive lawsuit against the LVMH-owned luxury brand to ensure it doesn't get in the way of its "Pooey Puitton" product. The item is a toy purse, shaped like a cartoon poop, with...

PeopleFeatured

Recap: prominent fashion figures who passed away in 2018

Unfortunately, several prominent names within the fashion industry passed away in 2018. FashionUnited pays homage to them as we look back at the most important events of the year. Hubert de Givenchy Hubert de Givenchy, the French fashion designer famous for designing much of the personal and professional wardrobe of Audrey Hepburn and Jackie...

Schools

LVMH Prize opens applications for sixth edition

The LVMH Prize for Young Designers, which was launched in 2013 by the luxury conglomerate, has opened applications for its 2019 edition, calling on all designers under 40 who have produced at least two womenswear, menswear or unisex collections to apply. Now in its sixth year, the LVMH Prize aims to honour and support young fashion designers...

Business

France's LVMH says to buy luxury hotel group Belmond for 3.2 billion dollars

French luxury giant LVMH said Friday that it had reached agreement to buy hotel group Belmond, whose properties include the Copacabana Palace in Rio de Janeiro and Cipriani in Venice, in a transaction worth 3.2 billion USD (2.8 billion euros). LVMH said it would acquire Belmond for 25.00 USD per class A share in cash. That represents a premium...

People

Former LVMH CEO Pierre-Yves Roussel said to be joining Tory Burch

Pierre-Yves Roussel, former Chairman and CEO of the LVMH Group, is rumored to be have been appointed to the role of CEO at Tory Burch, according to fashion news publication WWD. Roussel is married to Tory Burch, who is currently the CEO and chair of her eponymous label. But she has reportedly been looking for a replacement for John Mehas, who...

Fashion Featured

Major brands failing to tackle worker exploitation, study shows

Major clothing and footwear brands are failing to tackle the exploitation of vulnerable workers in their supply chains, according to a new report by Know The Chain. The benchmark test - which measured 43 global companies’ efforts to address forced labour - gave the apparel and footwear sector an overall average score of 37 out of 100. Adidas...

Video

Video: Louis Vuitton | ss 2019

Louis Vuitton announces ss 2019 in PFW.