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PARIS: LVMH has announced the appointment of Frédéric Arnault (pic) as CEO of TAG Heuer from July 1 onwards.
PARIS: France's business elite closed ranks around publishing group Lagardere on Monday with LVMH's Bernard Arnault and Vivendi's Vincent Bollore swooping in to bolster its defences against London-based hedge fund Amber Capital.
French consumer giants LVMH and L’Oreal SA said a recovery could start soon after the coronavirus caused sales to plunge in the first quarter, as revenue in China is already bouncing back.
The continuing rout in global stocks obliterated about US$4tril (RM17.32tril) of market value Monday, but one tech billionaire is managing to avoid the onslaught as social distancing becomes the norm.
Last week Swiss luxury watchmaker Tag Heuer hosted a final shindig in honour of its new Connected Watch.
PARIS: LVMH’s sales growth slowed at the end of 2019 after protests sapped the Hong Kong market while luxury-goods makers face another threat from the viral outbreak in China.
This year, there were tears of sadness and tears of joy in the fashion and beauty industry, the fashion and beauty world which also saw monumental changes within the industry.
LONDON (Bloomberg): The leveraging of a giant social-media presence, a catchy tune about a family of sharks and a burgeoning collection of junkyards are just a few of the curious ways that helped make 2019 a fertile year for fortunes to blossom around the world.
PARIS: Louis Vuitton owner LVMH has agreed to buy Tiffany for US$16.2bil in its biggest acquisition yet as the French luxury goods maker bets it can restore the iconic US jeweller’s lustre.
PARIS: LVMH agreed to buy Tiffany & Co. for more than US$16 billion in the largest luxury-goods deal ever, raising the French conglomerate’s profile in jewelry and giving it access to a broader swath of American shoppers.