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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Jun- 2021 -9 JuneLuxury Goods
LVMH launches £26m global support fund for employees
LVMH has announced the launch of its Heart Fund, a global emergency and support fund for its 150,000 employees, with an initial endowment of €30m (£25.7m). The group has implemented the fund with the aim of supporting all its staff around the world who are faced with a “serious personal…
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Apr- 2021 -14 AprilLuxury Goods
LVMH Q1 revenues soar 32% to £12.1bn
Moët Hennessy Louis Vuitton (LVMH) has revealed its total revenues for the first quarter of FY 2021 rose 32% year-on-year to £12.1bn. The group posted a return to growth across the majority of its departments, including a 138% year-on-year watches and jewellery revenue increase. LVMH’s wines and spirits business group…
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Mar- 2021 -26 MarchLuxury Goods
LVMH partners with UNESCO for biodiversity commitments
Moët Hennessy Louis Vuitton (LVMH) has revealed a new biodiversity strategy in partnership with the UNESCO MAB (Man and the Biosphere) programme. The group has pledged to limit its impact on ecosystems, in turn rehabilitating five million hectares of Amazon rainforest habitat by 2030. The biodiversity strategy is structured around…
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12 MarchOnline & Digital
JD.com Q4 revenues up 31%
Chinese online retailer JD.com reported a 31% increase in revenues during the fourth quarter of the year to RMB224.3bn (£24.7bn). The Q4 performance has beaten analyst expectations of RMB 220.3bn (£24bn) as the Covid-19 pandemic drove consumers to its online operations. The retailer also reported that income from operations for…
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Jan- 2021 -29 JanuaryClothing & Shoes
Thomas Pink returns to online market despite LVMH sales float
Thomas Pink has announced it is returning to trade, albeit online, after shutting down its website and social media channels last year. In 2020, the fashion retailer closed its Jermyn Street store in London and was removed from LVMH’s ‘Fashion and Leather Goods’ webpage, which is home to the group’s…
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Oct- 2020 -30 OctoberLuxury Goods
LVMH agrees to reduced Tiffany deal
LVMH has agreed to go through with its acquisition of Tiffany & Co following a lengthy legal battle, albeit for a reduced fee. In an update announced yesterday (29 October) LVHM said it had concluded an agreement with Tiffany “modifying” certain terms of their initial agreement to reflect a new…
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Sep- 2020 -18 SeptemberLuxury Goods
LVMH set to block Tiffany’s court petition
LVMH has announced it plans to block a court petition launched by jewellery company Tiffany & Co, who is attempting to fast-track legal proceedings after LVMH exited a proposed $16bn (£12bn) merger. The Louis Vuitton owner had agreed to the merger last year, but pulled out last week due to…
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11 SeptemberNews
LVMH plans counter lawsuit against Tiffany & Co
LVMH has announced it plans to file a counter lawsuit against Tiffany & Co after the collapse of a takeover deal. Tiffany & Co filed a lawsuit against the company after LVMH cancelled its proposed $16.2bn (£12.4bn) acquisition of the French luxury retailer earlier this week. The initial lawsuit was…
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Jun- 2020 -4 JuneClothing & Shoes
LVMH retreats from Tiffany takeover
Luxury powerhouse LVMH has announced that it will no longer go ahead with its proposed takeover of Tiffany & Co in light of “recent market rumours” amid the pandemic. LVMH had initially announced a “definitive” agreement with the luxury jewellers last November, whereby it outlined its intention to acquire the…
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Mar- 2020 -10 MarchClothing & Shoes
Stella McCartney reports £11m loss
Fashion retailer Stella McCartney has reported an £11m loss in pre-tax profit for its full-year results, attributed to flat sales and a significant increase to its costs. For the year ended 31 December 2018, the British fashion brand reported a 219% decrease in operating profit to £10.8m compared with £9.1m…
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