The Business Times

LMVH

Lifestyle

Waldorf Astoria, LVMH set the pace for Seychelles luxury tourism

Island nation aims to tighten tourism, focus on big spenders

LVMH says sales come to 21.2 billion euros (S$31.1 billion) for the three months to the end of June.
Companies & Markets

Sharp Chinese rebound pushes LVMH sales up 17% in second quarter

SALES at the world’s top luxury group LVMH rose by 17 per cent in the second quarter, with a sharp rebound in China helping to offset a decline in the US, where inflation and economic turbulence have ...

Francoise Bettencourt Meyers, vice-chairwoman of the L’Oreal’s board, the wealthiest woman on the planet, is the latest French billionaire to benefit from the spending spree.
International

Luxury fortunes jump US$93 billion on demand boom for Hermes, Dior

A GLOBAL shopping splurge on luxury goods and beauty products is making some of the world’s richest people even richer.

Louis Vuitton, part of LVMH, said in a statement the showroom will be trialled for several months as a pop-up and if successful will then become a permanent feature.
Companies & Markets

Louis Vuitton picks Shanghai for first furniture and homewares store

LOUIS Vuitton on Friday (Nov 25) announced plans to open a dedicated furniture and homewares store in Shanghai, a world first for the French luxury brand as it aims to expand further into lifestyle of...

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