Search Results: LVMH
‘Games are the social networks of the future’: LVMH and Gucci have taken note
Gen Z consumers are moving from traditional games to user-generated content games like Roblox. LVMH, Gucci, and Balenciaga lead the pack for luxury activations on these gaming platforms. Read MoreSlower-than-expected LVMH growth in Q3 sees luxury market tremble
What Happened: Luxury company share prices plunged today after LVMH Group, the world’s largest luxury goods company, yesterday reported slowing sales growth. LVMH shares dipped to a year-to-date low, while… Read MoreTapestry acquires Capri Holdings in a $8.5B merger that will rival LVMH, increase presence in China
The Tapestry-Capri Holdings merger is positioned as a direct challenge to European luxury conglomerates LVMH and Kering, which have long dominated the luxury market. Read MoreLVMH wants to conquer the metaverse. Can the luxury titan pull it off?
After dominating the luxury market for over 30 years, LVMH is ready to take its enduring status into Web3. The question is, will it triumph? Read MoreChina rebound not enough to save LVMH, Richemont shares from sliding
Despite luxury groups posting strong results in China in the first half of the year, investors are unimpressed by lackluster performances in North America. Read MoreLVMH teams up with Epic Games and Nike reveals Fortnite collab: Web3 drops of the week
The roundup and the verdict on this week’s hottest Web3 activations, taken from our Jing Meta weekly newsletter. Read MoreLVMH Unveils Asia’s Largest R&D Center In Shanghai As China Skincare Enters New Stage
China’s skincare development has entered a new stage. LVMH is the latest in a long line of beauty giants unveiling in China its world’s second largest R&D center. Read MoreGlobal Luxury Rebounds: LVMH, Hermès Sales Soar Due To Chinese Spending
Luxury spending in China is outpacing the growth of the country's economy. Companies like LVMH are taking note and expanding their presence in the newly-reopened nation. Read MoreApril Earnings: Kering Lags LVMH As BYD Boasts Fivefold Profit Growth
With brands yet to fully reap the benefits of China’s reopening in the first quarter, the strongest players are pulling further ahead. Read MoreLVMH Reduces Hong Kong Presence, Scales Up Footprint In Mainland China
LVMH has moved some of its brands’ regional headquarters from Hong Kong to Shanghai to better cater to mainland shoppers. Will more luxury groups follow suit? Read More