The watches division, meanwhile, has been hit with slowing demand as inflation-strapped shoppers curtail high-end purchases, with the watches and jewellery division's sales down 2% last year
Deepika Padukone, a Bollywood actress and worldwide ambassador, wore a timeless Louis Vuitton outfit to the Louis Vuitton Show during Paris Fashion Week on Monday
At BS Manthan, Hublot CEO Julien Tornare delved into what it takes to build a global luxury powerhouse, why authenticity and innovation matter, and whether India can create its own LVMH
E-commerce, travel retail, and rising consumer aspirations beyond metro markets are driving the surge in demand for luxury brands. Online sales from smaller towns have doubled compared to last year
Bulgari is expanding its footprint in India to take advantage of strong growth and favorable demographics, Bulgari Chief Executive Officer Jean-Christophe Babin said
Slump in Chinese demand for Louis Vuitton bags, Dior gowns and other high-end fashion has wiped out more than €150 billion in LVMH market capitalization
Predicting the third-quarter will be the worst for the sector in four years, with a 1 per cent decline in organic sales year-on-year, they also lowered estimates for earnings per share for next year
Sarah Burton, who up until last year was the designer at Alexander McQueen, a Kering SA label, takes over immediately and will present her first collection in March
Bernard Arnault and Jeff Bezos are followed by Elon Musk at the third spot after the latest shuffle. Musk, who had been reigning the first spot for over 9 months, lost the title to Bezos on Tuesday
From Pharrell Williams' million-dollar creation for Louis Vuitton to iconic pieces by Chanel, Fendi, and more, high-end bags come with a unique tale of opulence and style
Louis Vuitton: The bag was auctioned off for $63,750 as part of the Just Phriends sale, which took place from June 19 to June 27 at Pharrell Williams' auction house, Joopiter