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The French company is behind high-end labels including fashion houses Louis Vuitton and Dior.

LVMH posts 3% drop in first quarter sales

LVMH, the world's largest luxury group, said today sales fell 3% over the first quarter, missing expectations and confirming a sector slowdown as shoppers held back on purchases of designer goods in a choppy economic environment.

Business • 14 Apr

The move comes over a year and a half after Delphine Arnault, the eldest child of LVMH boss Bernard Arnault, took the helm at Dior

LVMH's Dior recruits Miu Miu CEO as managing director

Christian Dior Couture has recruited Benedetta Petruzzo, the CEO of Prada's fast growing Miu Miu label, as its managing director, the LVMH-owned brand said today.

Business • 03 Sep 24

Dior was until last month behind on disclosures required by UK law about working conditions in its supply chain

LVMH's Dior lagged on supply chain disclosure

LVMH's second-largest fashion brand Dior was until last month behind on disclosures required by UK law about working conditions in its supply chain, and made outdated statements on its website of a third-party certification that it terminated more than a year ago, Reuters has found.

Business • 06 Aug 24

The luxury industry's supply chain has come under increased scrutiny by consumers and investors in recent years.

Italian authorities probing fashion brands' supply chains

Prosecutors in Milan are investigating the supply chain of around a dozen more fashion brands, a person with knowledge of the matter said, after a unit of France's LVMH in Italy was placed under court administration in a worker exploitation probe.

Business • 11 Jun 24

LVMH, a conglomerate spanning spirits, jewellery, cosmetics and fashion, is regarded as a bellwether for the wider luxury industry.

LVMH grows sales as luxury shoppers show resilience

Luxury goods group LVMH posted a 10% rise in fourth quarter sales, as growth edged up from the previous quarter, driven by resilient demand for its high end fashion labels.

Business • 25 Jan 24

A Louis Vuitton luxury clothing boutique in Europe

LVMH shares slump as luxury giant's sales growth slows

Luxury goods bellwether LVMH has reported a 9% rise in third quarter revenue, marking slower growth as a strong wave of post-pandemic spending eases due to rising inflation and economic turbulence.

Business • 11 Oct 23

The world's largest luxury company owns Louis Vuitton and Dior fashion houses as well as Hennessy cognac and US jeweler Tiffany

LVMH sales lifted by strong Chinese rebound

French group LVMH reported a 17% rise in first-quarter sales, lifted by a return to strong business in China, which is serving as a relay of growth just as shoppers in the United States begin to ease off a months-long, post-pandemic splurge.

Business • 12 Apr 23

Delphine Arnault, 47, has worked at Louis Vuitton for the past decade alongside Burke and previously spent a dozen years at Dior

LVMH's CEO puts daughter in charge of Dior

LVMH Chairman and CEO Bernard Arnault has tightened his family's grip on the luxury goods empire, putting his daughter Delphine in charge of one of its leading labels, Christian Dior, in a management revamp.

Business • 11 Jan 23

The company said it remained "both vigilant and confident" at the start of the year

LVMH Q1 sales driven by high demand for Louis Vuitton

Strong demand for Louis Vuitton and Dior products helped lift first quarter sales at the world's largest luxury goods conglomerate, showing the sector's resilience despite geopolitical tensions and volatile stock markets.

Business • 12 Apr 22

LVMH said the popularity of its star labels Louis Vuitton and Dior helped its fashion and leather goods division to report 24% growth

LVMH shares flat as its Q3 revenues rise

Shares in LVMH were flat in early trading today after the French luxury giant posted a strong rise in sales in its fashion and leather goods division in the third quarter.

Business • 13 Oct 21

Dior