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The Latest Breaking News from LVMH

Paris (AFP) - After a year of record sales and profits despite slowing global growth the luxury sector is looking to the reopening of China to deliver further expansion in 2023.

AFP

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Evening Standard

Pharrell Williams succeeds Virgil Abloh as the head of men's designs at Louis Vuitton

The singer, producer and designer has a long history of working with fashion brands — as well as big shoes to fill. Williams' first Louis Vuitton collection will debut at Men's Fashion Week in June.

WEKU

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From hip hop to Louis Vuitton — how Pharrell Williams took over the world of music and fashion

At the turn of the millennium, Pharrell Williams was in the process of making his name as one of the most coveted music producers in the world. Fast forward two decades, and he has been appointed Louis Vuitton’s next menswear creative director, a job at the pinnacle of luxury fashion.…

Evening Standard

Rihanna Super Bowl Halftime Performance Confirms Pregnancy: Did A Trademark Filing Hint At This Last Month?

Rihanna was the featured performer during the Super Bowl Halftime show on Sunday

Zenger

Pharrell Williams named as creative director of Louis Vuitton menswear

Musician and entrepreneur is second Black American designer to hold position at French luxury house after Virgil Abloh

The Guardian - UK

Pharrell Williams takes over menswear at Louis Vuitton

Paris (AFP) - Luxury fashion house Louis Vuitton announced Tuesday the appointment of hip-hop artist Pharrell Williams as its new head of menswear.

AFP

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Pharrell Williams in talks to be Louis Vuitton designer: reports

Paris (AFP) - Hip-hop artist Pharrell Williams is in talks to take over as head of menswear for Louis Vuitton, media reports said on Tuesday.

AFP

Pharrell Williams is Louis Vuitton’s new creative director of menswear

The singer-turned-tastemaker will replace the late Virgil Abloh, who died in November 2021

Evening Standard

Louis Vuitton Expected to Raise Prices as Much as 20% In China

LVMH's top fashion brand Louis Vuitton is expected to increase prices in China by as much as 20%, as luxury labels bank on a strong rebound of Chinese demand following the easing of COVID-19 lockdowns. Louis Vuitton, the world’s biggest luxury brand, last February led the way to a string…

Asharq Al-Awsat

This glorious portrait is too precious a treasure to be lost from our shores for ever

Even in tough times, masterpieces like Joshua Reynolds’s painting are worth saving

The Guardian - UK

Elon Musk May Soon Reclaim Title of World's Richest Person

Separating the Tesla CEO and first place in the wealth standings is just $3 billion.

The Street

Haute couture, spring-summer 2023: Dior takes inspiration from 1920s Paris

The House of Dior turns over vast sums of money for luxury giant LVMH, but high-end fashion can never be just about the cash: it's also about world-leading artistry. In her spring-summer 2023 collection, Dior's artistic director Maria Grazia Chiuri pays homage to the elegant modernity of the Black Parisian…

France 24

Former Celine creative director Phoebe Philo to launch new brand in September 2023

The British designer first announced the coming of her own fashion label in July 2021

The Independent UK

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Radio France Internationale

Caillebotte painting worth €43m acquired by France's Musée d'Orsay

Gustave Caillebotte's impressionist masterpiece, La Partie de Bateau, has been hung for the first time at the Musée d'Orsay in Paris. Valued at more than 40 million euros, it was acquired thanks to the patronage of the LVMH luxury group.

The Street

The Richest Man in the World Takes on Elon Musk

Bernard Arnault, the CEO of luxury giant LVMH, has just invested in the luxury car manufacturer Lotus, which is betting on EVs.

France 24

A new arrival at the Musée d'Orsay: Gustave Caillebotte's 'Boating Party'

It was one of the last impressionist masterpieces still in private hands, but Gustave Caillebotte's painting "Boating Party" is now part of France's national collection. The purchase was made possible thanks to a €43 million donation from the luxury group LVMH. We report on its arrival at its new home,…

The Street

The Case for Nestle, Other Foreign Stocks: Thornburg Manager

Emily Leveille, manager of a Thornburg mutual fund, says easing inflation and a falling dollar could boost foreign stocks.

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Fortune

A battle may be shaping up between the two richest men in the world over who controls the luxury electric car market

The English sports car brand Lotus plans to float its shares on the Nasdaq stock market in the latter half of this year through a reverse merger with a SPAC firm backed by Bernard Arnault.

The Guardian - UK

Chinese owner of Lotus Technology to list a stake in US via blank cheque firm

EV maker and R&D arm of car group owned by Geely planning to join Nasdaq in deal with Spac backed by Bernard Arnault

The Guardian - UK

Aesop reported target in $2bn bidding war between French groups

LVMH, L’Oréal and Japan’s Shiseido Co said to be weighing up bids for Australian luxury beauty brand

Asharq Al-Awsat

France Buys New Masterpiece for Orsay Museum with LVMH Gift

France has acquired a stunning Impressionist masterpiece for its national collection of art treasures, with a donation from luxury goods giant LVMH paying the 43 million euros (nearly $47 million) for “A Boating Party” by 19th-century French artist Gustave Caillebotte. The oil on canvas shows an oarsman in a top…

The Independent UK

France buys new masterpiece for Orsay museum with LVMH gift

France has acquired a stunning Impressionist masterpiece for its national collection of art treasures

France 24

Luxury giant LVMH enjoys best year yet despite post-Covid downturn

French luxury goods giant LVMH is not feeling the post-Covid pinch. The group has released its figures for 2022, which show revenue just below the bar of €80 billion. Meanwhile, shipments of smartphones have dropped to a near-decade low. Finally, we find out about a lawsuit that involves King Charles…

The Street

Sephora Is Coming Back to a Market It Left Long Ago

The beauty chain exited has stayed away from the United Kingdom for nearly 18 years.

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