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Forget LVMH, LFX is the new king on the block

... 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 vow to close HK shops if landlords don't cut rents

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

HK luxury shops cut prices amid slumping euro

... 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

France drops 75% supertax after meager returns

...  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

LVMH gives up fight for Hermes

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

LVMH woes not all down to China frugality drive

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

Food sector deals herald new China M&A wave

... 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 gets a big serving of xiaolongbao

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

Foreign brands dominate China perfume market, website says

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

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