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LVMH

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Hermès Bucks Luxury Downturn as Q4 Sales Jump 18%

PARIS – Hèrmes International continues its streak as the leader of the luxury pack, with sales up 18 percent at constant exchange in the fourth quarter to 4 billion euros. That bucked the…

LVMH Prize Reveals 20 Semi-Finalists for 2025 Edition

Fashion’s most promising young creatives don’t seem to be in a mood for quiet luxury, or casual clothes. “We are seeing several compelling trends among emerging designers from all over the…

Formula One’s Max Verstappen Gets a Fashion Role

Formula 1 racing is a high stakes business on and off the track. For the 2023 season, F1’s annual revenue increased to $3.2 billion — a 25 percent gain compared to the 2022 season. And…

LVMH third-quarter sales fall 3% as China weighs

FRENCH luxury giant LVMH reported a 3 per cent fall in third-quarter sales on Tuesday (Oct 16), its first decline in quarterly sales since the pandemic, as rising prices and economic…