Luxury

LVMH’s Stephane Bianchi Promoted In Top Management Reshuffle

LVMH's group managing director Toni Belloni is to step down, the company has said, with Stephane Bianchi taking over his operational functions.

Rémy Cointreau To Enter Perfume Market At €5,500 A Bottle

Rémy Cointreau is entering the luxury fragrance market with the launch of Maison Psyche, an upscale perfume house that will sell scents starting at...

London's Fortnum & Mason Enjoys Christmas Sales Boost

Luxury London retailer Fortnum & Mason enjoyed bumper sales for products such as champagne, truffles, caviar, tea and biscuits over the Christmas p...

Italians 'More Willing' To Spend On Luxury Food Products

Italian consumers, particularly those aged 35-54 years, are now more willing to spend more on luxury and exclusive products, including food, a study has fo...

LVMH Wines & Spirits Business Records 13% Revenue Growth In Q1

The Wine & Spirits arm of luxury goods business LVMH Moët Hennessy Louis Vuitton posted organic revenue growth of 13% in the first quarter of...

LVMH Quarterly Sales Top Estimates

LVMH, the world’s biggest luxury-goods maker, reported third-quarter revenue that beat estimates, led by a stronger-than-expected performance in fash...

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