December 15th, 2008

Most people buy a few bottles of bubbly for Christmas; Bernard Arnault has bought himself another champagne brand !
The Moet Hennessy wines and spirits unit of LVMH, the world’s biggest luxury goods group, has bought the Montaudon champagne house for an undisclosed amount, LVMH said on Friday.
The acquisition brings to eight, the number of top-level champagne labels in the stable of LVMH. Montaudon will team up with LVMH’s existing portfolio of champagne brands: Dom Perignon, Moet & Chandon, Veuve Clicquot, Ponsardin, Krug, Ruinart and Mercier.

December 5th, 2008

Renowned French champagne house Krug, part of the LVMH luxury empire, is coming out with a new bespoke offering in time for the holidays.
Called Krug ‘On My Own Terms’, the luxe case can be ordered with a personalized plaque in either metal, mirror, or saddle leather bearing the Champagne Krug coat of arms and the recipient’s name or initials.
The Grand Cuvée is described as “the timelessly stylish signature of Krug.” The cellar case is the latest in a line of luxurious Krug offerings, including the Escape Artist trunks and Hat Box.
Priced at $1,000, it’s the ultimate holiday gift for the serious champagne lover. Via Justluxe
September 4th, 2008
Internationally renowned and highly regarded for name recognition in the fashion world, as a result LV has become one of the most counterfeited contemporary luxury brands. In fact, according to LV, just over 1% of the items bearing the trademark LV monogram would be authentic (Wikipedia) !!!
Ironically, the signature Monogram Canvas was created to prevent counterfeiting. In 2004, Louis Vuitton fakes accounted for 18% of counterfeit accessories seized in the European Union.
LV takes a serious view of all counterfeiting, employing a team of lawyers and special investigation agencies, actively pursuing offenders through the courts worldwide, and allocating about half of its budget of communications to counteract piracy of its goods.
Interestingly, the logo also makes its way to goods that would never, ever be associated with the Louis Vuitton brand. The ‘Design You Trust’ blogs collected several great examples; Here are a few of our favorites:








September 2nd, 2008

French luxury products group LVMH Moet Hennessy Louis Vuitton said Monday it has signed an exclusive agreement with Dutch investment company Egeria to acquire Royal van Lent, the Dutch designer and builder of luxury custom mega-yachts sold under the Feadship brand.
The talks with owner Egeria, a Dutch investment firm, are based on an acquisition price worth approximately 11 times net profit. The estimated price equates to a transaction value of less than 500 million euros, a source familiar with the talks said.
This acquisition will enable LVMH to enlarge its scope of activities and to expand its presence in products and services at the top of the luxury market.
Royal van Lent’s yachts target an ultra-exclusive clientele and are built to the highest quality standards using specific know-how. Feadship’s attributes of creativity, craftsmanship, innovation, quality and exclusive positioning are shared by all the luxury businesses operated by LVMH.
Founded 160 years ago, Royal van Lent enjoys a leading market position. It designs and builds custom mega-yachts under the Feadship brand, one of the most exclusive and prestigious brands in the world for motor-yachts measuring over 50 meters.
The custom-built ultra-luxury mega-yacht sector offers strong global growth prospects. By targeting exclusively ultra-high net worth individuals, Royal van Lent offers an outstanding growth opportunity that is resistant to economic cycles. Since 2000, the worldwide order book for custom-built luxury yachts measuring over 50 meters has grown by more than 20% per annum.
Those luxury watch sell for an average 30 million euros ($44 million) each. (source)
April 24th, 2008

LVMH, the world’s leading luxury group, announces that it has signed an agreement to acquire the Hublot group, a top of the range watchmaker enjoying very strong growth.
LVMH will acquire Hublot from Mr Carlo Crocco, who founded the group in 1980, and a company controlled by Mr Jean-Claude Biver, who has managed Hublot since 2004.
