LVMH Archives - Inside Retail Asia
Luxury goods group LVMH has shrugged off the impact of the recent Hong Kong protests and global economic uncertainty, recording a 19 per cent increase in sales of leathergoods and fashion during the third quarter.
DFS has explained its rationale for quitting its Changi Airport liquor and tobacco concession, saying remaining there was “not a financially viable option”.
Chinese brand ambassadors of fashion labels from Coach to Givenchy have severed ties with the companies over products which they said violated China’s sovereignty by identifying Hong Kong and Taiwan as countries.
A Sephora data breach has been confirmed, spanning customers from Hong Kong across Southeast Asia and into Australasia.
Luxury brand owner LVMH has reported a solid 15 per cent increase in sales in the first half of this year, shrugging off gloomy consumer sentiment in many markets.
A September launch date has been revealed for Fenty Beauty in Hong Kong, along with Macau and South Korea.
LVMH has bought a cornerstone share in Stella McCartney House.
Luxury fashion house Louis Vuitton is suing two Belle International subsidiaries for copyright infringement.
LVMH global revenue rose 16 per cent in the first quarter of this year, with Asia and every other geographical market fuelling growth.
A new joint Shiseido and Alibaba office will house a team of around 20 Shiseido employees by next year
McDonald’s is set to purchase US/Israeli personalisation vendor Dynamic Yield in an attempt to boost drive-thru sales.
Luxury retailer LVMH is harbouring plans to develop a corner of London’s Grafton Street.