LVMH is expected to report another quarter of falling sales. With a creative revamp underway at Dior and new management in place at Moët Hennessy, the group’s biggest and most profitable brand is facing scrutiny.| The Business of Fashion
Sales in the group’s critical fashion and leather goods division — which includes flagship brand Louis Vuitton — fell 9 percent in the latest quarter. The group is fending off challenges across key units.| The Business of Fashion
While creators from the Philippines have always played on the world stage, a new flock of social media stars prove that their influence is only growing.| The Business of Fashion
Persistent economic pressures in the key China and US markets are likely to complicate the industry’s efforts to turn things around. That doesn’t mean there aren’t opportunities to seize.| The Business of Fashion
The fashion house’s reveal of its debut cosmetics line has fired off a hot debate about the limits of what brands can charge for beauty. Will that noise translate into sales? Or did luxury’s biggest brand misjudge the moment?| The Business of Fashion
The stakes are high for the designer’s debut at the French megabrand as owner LVMH faces mounting pressure to resolve problem areas in its portfolio.| The Business of Fashion
This week, court documents linking the top-end brand to Chinese sweatshops outside Milan called the entire luxury sector’s credibility into question.| The Business of Fashion
LVMH’s high-end cashmere firm cultivated unassailable luxury credentials with its commitment to quality and craft. According to Italian prosecutors, thousands of its cashmere jackets were made in illegal, Chinese-owned workshops on the outskirts of Milan.| The Business of Fashion
Rising prices, shifting consumer tastes and manufacturing scandals are eroding trust in luxury, giving counterfeiters and dupe-makers new opportunities to win over shoppers seeking style at a more accessible cost, writes Andrea Felsted.| The Business of Fashion
Shares fell as much as 4.7 percent even after the company reported second-quarter sales growth that far outpaced major luxury rivals.| The Business of Fashion
The luxury goods maker is reeling from a sharp downturn in the €364 billion industry — and questions about succession are growing louder.| The Business of Fashion