LVMH

Chinese sales boosts luxury goods market in 2009

Despite the economic crisis, 2009 ended better than it began for the French luxury goods sector, thanks largely to China's growing taste for high-end products, encouraging thoughts of a better 2010. Following the trend set...

Tony Blair For Louis Vuitton?

Former U.K. prime minister Tony Blair is set to take on a highly-paid advisory role at at luxury goods group LVMH. Blair is understood to be in the final stages of negotiating a six-figure pay...

eLuxury to be relaunched in 2010

Former online shopping portal eLuxury, has been transformed into a web magazine called Nowness, due to be up and running by beginning of January. According to the site's owner, French luxe conglomerate LVMH, Nowness will...

French luxury group LVMH sees profit drop

France's LVMH, the world's biggest luxury group, on Monday reported a 23% profit drop for the first six months of 2009 to €687 million ($977 million). But the company's turnover edged up 0.2% from the...

China’s luxury market can be tough to crack

China may become the world's biggest luxury market in some years but cultural challenges to win customers' hearts for certain types of products remain, industry executives said this week. Champagne house Taittinger said it could...

Google Opens up Brand Name Bidding

Beginning June 15, 2009, Google is relaxing its policy on use of trademarks in ad copy text. In the past, Google has restricted the use of brand names in ad text and was willing to...

LVMH Invests In Bono’s Clothing Line

LVMH, the world’s leading luxury products group has completed a minority investment in Edun, the ethical fashion company owned by Ali Hewson and her husband Bono, U2 lead singer and activist. Edun is a brand...

Louis Vuitton opens Champs-Elysees store Sunday amid legal battle

Louis Vuitton opened its Champs-Elysees store Sunday amid an ongoing national battle over the supposed day of rest. French law only allows retailers that sell sporting, recreational, leisure and culture items in heavily trafficked tourist...