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The Latest Breaking News from LVMH

Reform treasurer admits looking stupid after company was ‘defrauded’ – court

Nick Candy said he was tricked into investing by Dutch businessman Robert Bonnier.

Evening Standard

Reform treasurer’s company seeking millions after alleged fraud, High Court told

Nick Candy’s company, Candy Ventures Sarl, is alleged to have been ‘duped’ into investing into a technology start-up.

Evening Standard

Eiffel Tower closed as nationwide strikes held across France against spending cuts

The nationwide strike, called by France's major unions, is the latest in a series of protests that started last month amid political turmoil and heated budget talks.

Euronews

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The group Louis Vuitton (LVMH), a gift to the Musée d’Orsay and a huge tax incentive – business as usual?

In January 2023, the Musée d’Orsay in Paris acquired La Partie de bateau (The Boating Party), an 1877 painting by Gustave Caillebotte (1848-1894) hailed as a major work of Impressionism for its bold and dynamic treatment, along with its subject’s carefree nature.

The Conversation

French economist Zucman and billionaire Arnault trade barbs over wealth tax plan

A French economist behind a wealth tax plan on Sunday hit back at the country's richest person who claimed the academic wanted to destroy the French economy.

Radio France Internationale

Luxury Leak Horror: Gucci, Balenciaga and McQueen Hacked in Cyber-Attack Exposing Millions of High-End Shoppers

Luxury brands Gucci, Balenciaga, and Alexander McQueen were hacked by the criminal group Shiny Hunters. The breach, which occurred through Kering's systems, exposed the data of millions of customers, including names, addresses and spending habits.

International Business Times UK

Armani's Fashionable Exit: Can Heirs Turn Couture Into Cash For Investors?

Giorgio Armani's heirs are flirting with the public markets — and Wall Street is taking notes.

Benzinga

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Armani's will: Fashion empire to be sold or go public in the next years

The founder of the Italian fashion house Giorgio Armani left the fashion empire with clear instructions to be partially sold to competitors or seek an initial public offering (IPO) at a later stage.

Euronews

Armani's Will Lays Path To Potential Buyout By Rival

Fashion legend Giorgio Armani asked in his will made public Friday for a major luxury group to take a stake in his company, citing LVMH, EssilorLuxottica or L'Oreal as potential buyers.

International Business Times

Giorgio Armani’s will says his brand should be sold or seek IPO

Late founder instructs heirs to gradually sell stakes with priority given to LVMH, L’Oréal or EssilorLuxottica

The Guardian - UK

Giorgio Armani’s will instructs heirs to sell 15% of his empire

According to his will, published online Friday by Italian daily La Repubblica

The Independent UK

Fashion, Cinema Stars Hail 'Love Affair' With Armani

Leading cinema and fashion figures on Thursday paid tribute to the genius of fashion legend Giorgio Armani, whose client list read like a who's who of Hollywood stars and royalty.

International Business Times

Luxury Labels Lose Their Luster Amid Changing Vibes, Gucci Sales Plunge 25% and LVMH Disappoints

Luxury brands are grappling with a significant sales slump, raising concerns over the long-term structural attractiveness of the industry.

Benzinga

Is It Time to Invest in L.A.B. Putters? Brand Popularity Soars After $200 Million Buyout Following US Open Buzz

L.A.B. Golf's £152M L Catterton acquisition on 28 July, after Spaun's US Open win, projects sales to hit £91.2M in 2025

International Business Times UK

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Benzinga

Ulta Stock Is The Beyoncé Of Retail Now: LVMH's Just A Backup Dancer

In the retail world, LVMH Moet Hennessy Louis Vuitton SE (OTCPK:LVMHF) has long strutted the global catwalk like royalty. But lately, the spotlight has shifted. Ulta Beauty Inc (NASDAQ:ULTA) is having a Beyoncé moment—taking center stage, setting the tempo, and leaving the luxury titan looking like a backup dancer trying…

The Guardian - UK

‘Made in Italy’: is the label just another luxury fashion illusion?

Investigations reveal how cashmere jackets and €2,000 handbags may be stitched in workshops paying €4 an hour, challenging luxury’s ethical image.

International Business Times

Why The World's Smartest Brands Are Investing In Narrative Engineering

Market leaders don't follow conversations—they create them. Companies like Apple, Tesla, and LVMH have redefined industries not by reacting to trends, but by embedding themselves into the cultural and technological fabric of the future they want to create.

Autosport

Why F1's commercial boom "can't be taken for granted"

With McLaren taking over Trafalgar Square, LEGO trophies on the Silverstone podium and Harrison Ford announcing a new partnership with Glenmorangie, Formula 1 really tapped into its ever-deepening commercial reservoir during the week of the British Grand Prix.

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International Business Times

LVMH Italian Fashion House Loro Piana Put Under Court Administration

Italian fashion house Loro Piana, owned by French giant LVMH, has been placed under court administration for allegedly facilitating the exploitation of workers by subcontractors, police and a company source said Monday.

The Guardian - UK

Louis Vuitton says UK customer data stolen in cyber-attack

Lead brand of French luxury group LVMH reassures customers financial data such as bank details were not taken

The Guardian - UK

Michael Rider evolves a winning formula in debut for Celine in Paris

The American designer balances a homage to the past with a nod to his own fashion story

The Guardian - UK

Dior Paris show is sweet relief for anyone wanting to flex a cooler muscle

Jonathan Anderson makes his sharp-eyed debut as creative director for the fashion house

Euronews

Profile: Jonathan Anderson takes historic helm of French fashion house Dior

After stepping down from the role as creative director of luxury fashion house Loewe, Northern Ireland-born Jonathan Anderson has been appointed as creative director of both the women's and men's collections at Dior – becoming the first person to take on the dual role since Christian Dior himself.

Autosport

Rosé-tinted spectacle – Formula 1 welcomes Whispering Angel as partner

Formula 1 has welcomed another LVMH brand into the fold as Whispering Angel has been announced as the championship’s official rosé partner.

The Guardian - UK

Jonathan Anderson: the esoteric designer taking on the mantle at Dior

Appointment of Northern Irishman behind Loewe hype machine sets storied fashion house on experimental path

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