Search Results: Bernard Arnault
Tiffany & Co. Goes It Alone As LVMH Says No Thanks
LVMH is backing out of its $16.6 billion acquisition of US jeweler Tiffany & Co. This would have been the biggest luxury goods deal to date. Now what? Read MoreHas COVID-19 Affected The Tiffany-LVMH Deal?
LVMH's acquisition of Tiffany has slowed due to the COVID-19 outbreak. Will this allow LVMH to back out of the deal as the US hurtles towards a recession? Read MoreThe Luxury Trap: Why it’s a Mistake to Define Luxury By Price
All high-priced products get called "luxury" today, but prices don't define which brands get considered luxury brands — only extreme value can do that. Read MoreLVMH Finished 2019 On A High, While Coronavirus Beats Hong Kong Protests As Top China Concern
According to LVMH full-year financial report released on Tuesday, the group’s revenue rose 15 percent to €53.7 billion during 2019. Read MoreLVMH Lauds 2019 Financial Results, But Remains Cautiously Optimistic
LVMH Moët Hennessy Louis Vuitton reported first half 2019 financial results, reporting a revenue of €25.1 billion, with an organic revenue growth of 12%. Read MoreFendi Opens a New Chapter of Its History in Shanghai
Fendi’s love for China was recently celebrated with a catwalk show titled Roma in Shanghai, representing a major step forward for the brand. Read MoreWhat Chinese Investors Don’t Get When Buying European Luxury Brands
Leveraging and maintaining prestige is something that requires a special combination of long-term vision, passion, integrity, and the strength not to compromise the brand vision. Read MoreThe Hermès Way: From Saddles to Sino-Markets
The brand's history provides insight into how Hermès has managed to become more successful than other luxury brands in China. Read MoreLouis Vuitton and Hennessy Create the Ultimate Trunk Show
The travel case and bar, which will retail for a staggering $273,000, mark the first collaboration between Louis Vuitton and Hennessy. Read MoreIn 2018, Brand Value for Chanel, Dior, Hermès Climbed on China Buying
The luxury brands in the Brand Finance Global 500 2019 have seen overall growth in their brand values, largely due to the expenditure in the Chinese market. Read More