Also in this newsletter: Eurozone business activity slows, global hunger warning, tourism backlash
Weaker than expected profits add to investor concerns about demand in China and industry outlook
Jean-Marc Gallot’s efforts to broaden occasions when people drink bubbly butts up against tradition
With bottles of Moët and Louis Vuitton trunks never far from sight, the Parisian conglomerate’s brands have already made their mark on the Games
Investment could revive speculation about takeover scenarios among world’s biggest luxury groups
Louis Vuitton embraces fashion as merchandise, Rick Owens goes biblical, while Comme des Garçons is strong and singular
Cécile Cabanis will join world’s largest luxury group with plans to succeed veteran Jean-Jacques Guiony
Brands led by LVMH pour money into reviving French capital’s most famous thoroughfare
Promotion for French billionaire’s second-youngest child follows his appointment as head of watches unit
The Louis Vuitton chief wants to turn the LVMH-owned luxury brand into a cultural juggernaut
Quarterly sales at the two groups and market leader LVMH show the winning brands are those targeting the very wealthy
Company’s products sold abroad last year totalled €23.5bn, underscoring importance of country’s luxury sector
First-quarter revenues grew 2% at flagship fashion and leather goods unit, against an 18% jump a year ago
French billionaire lays groundwork for generational change at world’s biggest luxury group
Antonio Belloni has worked at French luxury tycoon’s side for 23 years
Group of 11 pharma, tech and luxury shares echoes US dominance of ‘Magnificent Seven’
Luxury group launches venture for product placement and co-developing and co-financing own entertainment projects
CEO switcheroos, big revivals from Genta and Roth… and an embarrassment of green
If luxury spend is set to normalise rather than crash, the shares deserve a second look
The clan that controls the luxury and fashion group is drawing closer to having to make a difficult choice
Better than expected quarterly sales at Bernard Arnault’s group also help to boost rivals
Gérald Genta’s brand to exhibit again after 40 years at the fifth edition of the annual showcase, now part of an expanding watch show calendar
Analysts expect the gap between strongest and weakest players to grow wider
Plus, Citi’s plans to expand in China and how Argus became an oil-focused media empire
Alexandre, 31, and Frédéric, 29, will join siblings Delphine and Antoine as part of patriarch’s succession planning