LVMH
This coverage focuses on LVMH’s influence and activities within the UK retail landscape. Reporting highlights store openings, brand performance, strategic acquisitions, marketing campaigns, and executive appointments — all analysed through their impact on luxury retail operations, market positioning, and consumer trends. The content is designed for professionals managing retail, brand, and commercial strategies in the premium and luxury sectors.
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Apr- 2024 -18 AprilNews
Today’s news in brief-18/4/24
Shein is among several retailers expressing interest in acquiring Topshop from Asos, according to reports. Asos has received continuous interest from various high-profile retailers, with Authentic Brands Group also showing interest. The potential sale of Topshop by Asos follows its widening losses and a decline in sales, partly attributed to…
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18 AprilLuxury Goods
LVMH revenues up 3% in Q1 despite economic uncertainty
Luxury group LVMH has reported a revenue growth of 3% to €20.7bn (£17.7bn) in the first quarter of 2024, marking a good start to the year despite “a geopolitical and economic environment that remains uncertain”. This comes as its European and US markets achieved 2% growth on a constant currency…
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Mar- 2024 -22 MarchNews
Pandora appoints new GM for British Isles and new CCO
Pandora has announced the appointment of Sonia Lopez Delgado as new general manager of British Isles (BRIS) from 1 July, the company’s second largest cluster. She currently holds the position as general manager of the Northern Europe cluster (NOEU). She joined Pandora in 2018 and has extensive experience within sales,…
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Feb- 2024 -26 FebruaryClothing & Shoes
Frasers appoints four new directors
Frasers Group has announced the appointment of four new directors to its board. David Al-Mudallal, chief operating officer at Frasers and Ger Wright, managing director of Sports, have joined the board as executive directors following their “significant contribution” to Frasers Group in their existing roles. Al-Mudallal joined the group in…
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15 FebruaryNews
VF Corporation appoints new board director
VF Corporation has announced the appointment of Caroline Brown to the company’s board of directors, effective from 14 February. Brown is an accomplished executive, director, investor and advisor with more than 30 years of experience at global companies in the apparel and fashion sector. From 2019 to 2023, she was…
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Oct- 2023 -11 OctoberNews
Today’s news in brief-11/10/23
Travis Perkins has revised down its full-year earnings forecast due to challenging market conditions and a significant slowdown in new build housing and domestic renovations and maintenance (RMI) activity in Q3. Group revenues fell by 1.8% in the quarter, with like-for-like sales also down by 1.8%. Pricing declined by 3.1%,…
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11 OctoberClothing & Shoes
LVMH sees revenues rise to €19.96bn in Q3
Luxury goods group Moët Hennessy Louis Vuitton (LVMH) has posted reported revenues of €19.96bn (£17.25bn), up 9% year on year, in the three months ending on September 30. On a nine-month basis it also saw revenues jump 10% to €62.2bn (£53.7bn). All business groups reported sustained organic revenue growth over…
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Aug- 2023 -1 AugustClothing & Shoes
L Catterton eyes $8bn Birkenstock IPO
Private equity owner L Catterton is reportedly considering launching an initial public offering of German sandal retailer Birkenstock as soon as September, according to Financial Times. People familiar with the matter told the FT that L Catterton, who acquired a majority stake in Birkenstock in 2021, wants to value Birkenstock…
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Jul- 2023 -26 JulyLuxury Goods
LVMH revenues up 15% for H1 2023
LVMH, the owner of Moët Hennessy Louis Vuitton, has posted revenues of €42.2bn (£36.2bn) for the first half of 2023, up 15%. The company’s overall organic revenue growth was up 17% compared with the same period in 2022. All of its business groups achieved double-digit organic revenue growth over the…
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Apr- 2023 -24 AprilLuxury Goods
Kering set to pay £13m rent for Bond Street store
Luxury retailer Kering is set to pay £13m or more per year for a new Yves Saint Lauren store on Bond Street, according to the Sunday Times. This figure of £13m is thought to be a UK record surpassing the £11m paid by Ralph Lauren for its Bond Street store…
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