LVMH Prize Names Eight Finalists for 2024 Edition

Womenswear — and Europe — to the fore: Half of the finalists for the 11th edition of the LVMH Prize for Young Designers specialize in womenswear, while all but one hail from the Continent. They are Aubero by Julian Louie, U.S.; Duran Lantink, Netherlands; Hodakova by Ellen Hodakova Larsson, Sweden; Marie Adam-Leenaerdt, Belgium; Niccolò Pasqualetti, … Read more

Tokyo Exhibition Highlights LVMH Diversity Efforts in Japan

TOKYO — An exhibition opening Friday aims to highlight the diversity and inclusivity efforts of LVMH Moët Hennessy Louis Vuitton’s Japanese branch. Singapore-born, Tokyo-based photographer Leslie Kee spent eight months photographing employees of the French luxury group and its brands, as well as international celebrities who align with LVMH’s commitment to diversity. The resulting 30 … Read more

Art Exhibitions and a Charity Gala

PARIS — Reflecting its longstanding commitment to supporting the arts, Dior is planning a major presence at the Venice Biennale. In addition to returning to the prestigious art event as an official donor, the French fashion house will sponsor a series of collateral exhibitions and collaborate with the Venetian Heritage Foundation on its charity ball … Read more

Revenue Falls 2 Percent Confirming Luxury Slowdown

Updated April 16, 4:41 p.m. EST. PARIS – Luxury spending is slowing as aspirational customers tighten their purse strings, but LVMH Moët Hennessy Louis Vuitton has no plans to trim its prices to woo back this once-booming cohort. Instead, it is playing the waiting game. The French luxury conglomerate said group sales fell 2 percent … Read more

Berluti Reveals Team France’s Uniforms for Paris 2024 Olympic, Paralympic Games

MILAN — Olympic fever is getting higher and higher. As sportswear brands have started to lay their cards on the table and reveal the gear they designed for national teams — including Nike’s kits for the U.S. athletes and Lululemon’s for Team Canada earlier this month — Berluti on Wednesday will officially unveil the uniforms it … Read more

LVMH’s Michael Burke Talks About Mentorships in Fashion

Like the late, great Karl Lagerfeld, one of his mentors, Michael Burke, chairman and chief executive officer of LVMH Fashion Group, has a gift for trenchant quotes that can take your breath away. Asked to articulate his approach to mentorship, he replied: “It’s not about replicating yourself; it’s about the other person — what makes … Read more

Louis Vuitton Unveils Trunks for Olympic Medals and Torches

Linking its brand to stirring moments during the upcoming Olympic and Paralympic Games in Paris, Louis Vuitton has created bespoke trunks to house the torches — and the medals that will be bestowed on winning athletes this summer. The first trunk will come into public view on May 8, when the Olympic torch begins its … Read more

Paris Fashion Weeks on Track as Olympics Near, Organizers Say

PARIS — The Paris men’s and haute couture shows in June are on track despite preparations for the Paris 2024 Olympic Games that are set to paralyze sections of the French capital from April, organizers said. In a joint interview, Bruno Pavlovsky, president of the Fédération de la Haute Couture et de la Mode, or … Read more

Safilo Net Profit Plunges

MILAN — Safilo Group‘s adjusted net profit plunged 76 percent to 14 million euros in 2023, as the company was hit by higher charges due to rising interest rates. In a statement released Thursday, the company said net financial charges increased to 19.2 million euros in 2023 from 15.5 million euros in 2022. The group also … Read more

Louis Vuitton and LVMH Tap Rugby Player Antoine Dupont as Brand Ambassador

GOING FOR GOLD: Rugby player Antoine Dupont has been tapped as the sixth athlete sponsored by LVMH Moët Hennessy Louis Vuitton ahead of the Paris 2024 Olympic Games. The former French captain was also revealed as a brand ambassador for Louis Vuitton, the luxury house and its parent group said Thursday. Dupont said last year … Read more