... il sales. LVMH recorded a 10 per cent slump in Hong Kong as the group tried to renegotiate rents after bargain-hunting Chinese tourists began skipping Hong Kong for Europe or Japan, taking advantage o ...More
EJ Insight2015-08-05
Luxury giants, including Kering, LVMH and Burberry, have threatened to close their branches in Hong Kong if landlords refuse to lower their rents amid a slump in business, Apple Daily reported on Thur ...More
EJ Insight2015-07-30
... nd in the LVMH group, cut prices by 13 percent. On Wednesday, long queues were seen outside a Canton Road Chanel shop in Tsim Sha Tsui district where buyers had to wait an hour to enter, the report sa ...More
EJ Insight2015-03-19
... retailer LVMH and the country's richest man, took a Belgian nationality, and the actor Gérard Depardieu obtained Russian citizenship. High-earning French football stars threatened to boycott matches, ...More
EJ Insight2015-01-02
French luxury-goods makers LVMH and Hermès International agreed to a truce after nearly four years of courtroom battles, striking a deal under which Hermès will remain under family control and LVMH ow ...More
EJ Insight2014-09-04
Shares of Moet Hennessy Louis Vuitton (LVMH) tumbled after the luxury brand posted a disappointing report last week. The company said profit from recurring operations fell 5 percent in the first six m ...More
EJ Insight2014-07-29
... d tied to LVMH Moet Hennessy Louis Vuitton in a deal reportedly valued at about US$100 million. Crystal Jade owns several different chains with a total of 120 outlets; about a sixth of those are in Ch ...More
EJ Insight2014-05-07
LVMH Moet Hennessy Louis Vuitton got hungry and took a big bite out of Asia's catering sector. L Capital Asia, the private-equity arm of the French luxury goods giant, announced on Wednesday the acqui ...More
EJ Insight2014-05-02
The top 10 perfume brands in China in 2013 were all from overseas, news website Yicai.com reported Friday, citing data from Euromonitor International Ltd. Chanel, LVMH, Coty, P&G, L'Oreal, Estee L ...More
EJ Insight2014-04-04