It's been a long time since the Nike Swoosh has sat beside the Formula 1 logo. In fact, you'd have to go back to the Michael Schumacher era of the championship to see Nike anywhere near it in a major way.
Designer’s latest work takes bold steps away from the fashion house’s brand, creating a show that felt like an event “I want to land on a vibe.” This was how Dior designer Jonathan Anderson, one year into what is arguably the biggest job in fashion…
The Guardian•Jess Cartner-Morley in Paris29 Sept
LVMH’s connection gets the attention, but L Catterton’s travel story is really about a $40 billion consumer-investment machine putting more capital behind how people spend their time and discretionary income.
Skift Airlines•Rafat Ali28 SeptChief Executive Giuseppe Marsocci told reporters backstage at the runway show that there were no favorites and that the stake could potentially be split among all three companies.
The late designer’s niece echoes his sense of relaxation, as the house seeks to prove itself to potential buyers A year after the death of Giorgio Armani, the Italian fashion house he founded in 1975 is facing increasing uncertainty about its future…
The Guardian•Chloe Mac Donnell27 SeptFashion company to meet French groups and EssilorLuxottica in accordance with wishes of late founder Giorgio Armani
LVMH’s share price has lost 55% since its all-time high in spring 2023, with the price falling from more than €900 to €400.
Alexandre Arnault, an LVMH heir with experience at Moët, Tiffany and Rimowa, has been appointed to Nike’s board as the brand struggles to find its footing on a path forward.
LVMH remains under clear bearish pressure on the daily chart. Price is moving within a descending structure, with lower highs and lower lows, while the declining moving average continues to act as dynamic resistance. The key level to watch is €400.
Cosmetics group L'Oreal became France's most valuable listed company yesterday, surpassing Louis Vuitton owner LVMH as high-end luxury companies remain under pressure after years of slowing sales and lacklustre earnings.
Increasingly, the founders and heads of companies like Home Depot, Walmart and LVMH are entering the sports world. There's a good reason for that.