Luxury giant LVMH enjoys 'excellent' first half
LVMH, the world's top luxury group, said Tuesday it enjoyed an excellent first half with net profits soaring by 30 percent to 8.48 billion euros ($9.34 billion) thanks...
2023-07-26 01:25
LVMH to Sponsor Paris Olympics in a First for Luxury Group
LVMH agreed to become a premium sponsor of the 2024 Summer Olympics in Paris in the first deal
2023-07-25 14:53
LVMH named as premium sponsor of 2024 Paris Olympics
French luxury brand LVMH announced on Monday it will be a "premium sponsor" of the 2024 Paris Olympics, allowing the organisers to practically reach their sponsorship target of 1...
2023-07-25 01:15
Elon Musk’s Wealth Slumps $20 Billion as Tesla Shares Tumble
Elon Musk’s fortune slumped $20.3 billion Thursday after Tesla Inc. warned it may have to keep cutting the
2023-07-21 04:56
Gucci CEO to step down as parent company chases the global luxury boom
The president and CEO of Gucci will step down later this year as part of a leadership overhaul at its French parent company Kering aimed at capturing more of the booming global market in luxury goods.
2023-07-19 21:57
Kering Said to Tap Defense Advisers as Activist Bluebell Circles
Kering SA is speaking to defense advisers as activist investors including Bluebell Capital Partners Ltd. circle the French
2023-07-19 21:25
Gucci's CEO is stepping down as its French parent shakes up leadership
The president and CEO of Gucci is stepping down later this year
2023-07-19 19:19
Gucci CEO Bizzarri to Leave as Label’s Slump Drags on Kering
Gucci Chief Executive Officer Marco Bizzarri is set to leave the brand as owner Kering SA moves to
2023-07-19 15:27
Kering shakes up underperforming Gucci
Kering announced Tuesday the departure of the long-time chief executive of Gucci, the luxury group's main brand which has struggled as...
2023-07-19 01:45
Kering names group veteran Palus to run Gucci transition
(Reuters) -Kering has named managing director Jean-Francois Palus to lead Gucci for a transitional period, part of a management reshuffle
2023-07-19 01:23
JCPenney is Adding You to the Back-to-School Checklist
PLANO, Texas--(BUSINESS WIRE)--Jul 18, 2023--
2023-07-18 21:24
LVMH’s Sephora Weighs New China Head to Seek €20 Billion Sales
Sephora, the cosmetics retailer owned by luxury conglomerate LVMH, is considering an overhaul of its China operations, including
2023-07-18 20:29