#lvmh

#lvmh

On July 2, unauthorized third parties gained access to Louis Vuitton UK's systems, stealing customer information, including names, contact details, and purchase history.

LVMH Moët Hennessy is one of the most premier plays in the global luxury brand market, featuring brands like Louis Vuitton, Dior, Fendi, and Tiffany.

Cécile Cabanis stated: "the capacity to raise prices is not there" for cognac and lower-priced beauty products.

"If you ask Loro Piana, they would say, 'We've been doing quiet luxury for 50 years.'... Fendi has had its periods where it's been heavily logoed and monogrammed."

LVMH's finance chief indicated the company is exploring the possibility of increasing US manufacturing to reduce vulnerability to potential tariffs from Europe.

Matthieu Hegi was captivated by Evelyne Genta's Oursin watch, a unique design by Gerald Genta. It inspired him to reimagine the collection for LVMH.

"We've spoken with Klopp several times, and he's very, very excited about working with us," said Antoine Arnault, the son of billionaire Bernard Arnault. Arnault emphasized the collaborative effort with Red Bull, explaining, "We’re not coming in alone... We know what we're good at and what we're not. We have management skills, but none in football operations." This partnership highlights their strategic approach to developing soccer in Paris.

Tiffany & Co. plans to downsize its flagship 12,000 sq ft store in Shanghai due to falling luxury sales amid China's economic slowdown, vacating half the space.