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LVMH

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October 9, 2016
2016 has been a bumpy year for the luxury market, plagued by the decline in luxury spending by Chinese tourists, plunging oil prices which have led to a major currency shake-up in Latin America and Russia, terrorism threats in traditional luxury markets like France, and further economic upheaval triggered by Brexit. Hermès International SCA has […]
July 10, 2016
Outlook for the personal accessories industry in 2016 is looking up, with an estimated growth rate of 2%. With the strengthening US dollar, demand in North America for personal accessories is gaining traction as the economy is showing signs of improvement following the recession.
October 9, 2016
Despite the future unknowns, Iran appears to be making real progress when it comes to international reform. Early in 2016 it began to roll back its nuclear program enough to begin the process of lifting its harsh economic sanctions.
August 3, 2014
Back in February during LVMH’s annual shareholder meeting, Bernard Arnault stated that the company aims to make J’Adore the world’s best-selling women’s fragrance. He went on to say how the fragrance has already overtaken its main rival (Chanel No 5) in many markets around the world and has retained its leading position in France. This […]
July 25, 2014
Owing to the emergence of several metropolitan cities and the subsequent appetite for luxury purchases in China, the country has been the undoubted growth driver of several accessories brands over the past five years. China overtook the US to become the largest personal accessories market by value sales in 2011, and since then has grown […]
July 18, 2014
Up until 2013, selling cognac in China was considered to be one of the sure fire ways of generating great revenues and profits. Between 2007-2012 volume sales grew by 119% (14.8 million litres), with retail sales up by 186% (RMB31 billion, US$5 billion). Cognac benefitted from its highly prestigious image in China and the Chinese […]
February 16, 2014
  Recently released financial results for the 2013 calendar year highlight some of the major strategic issues facing LVMH. Overall company revenues rose by 4% compared to 2012 and the biggest business group, ‘Fashion & Leather Goods’, registered contracting sales over the year. While the company profile LVMH Moët Hennessy Louis Vuitton SA carries a […]
November 2, 2011
Prior to its acquisition of the Bulgari brand, LVMH's 'Watches and Jewelry' vertical constituted less than 6% of the company's overall value sales.

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