Luxuo
eLuxury relaunches February 25

Former online shopping portal eLuxury, which closed last year, has been transformed into a web magazine called Nowness, officially launching Feb 25. According to the site’s owner, French luxe conglomerate LVMH, Nowness will be covering the fields of fashion, art, design, culture, travel, beauty, food and wine, music, and entertainment. In the run-up to its … Continued

Chinese sales boosts luxury goods market in 2009

Despite the economic crisis, 2009 ended better than it began for the French luxury goods sector, thanks largely to China’s growing taste for high-end products, encouraging thoughts of a better 2010. Following the trend set by other global luxury brands, Hermes and LVMH announced fourth quarter sales growth on Thursday and Friday, suggesting the worst … Continued

Tony Blair For Louis Vuitton?

Former U.K. prime minister Tony Blair is set to take on a highly-paid advisory role at at luxury goods group LVMH. Blair is understood to be in the final stages of negotiating a six-figure pay package at the group, which is owned by France’s richest man Bernard Arnault. Blair already gets £2.5m from the U.S. … Continued

eLuxury to be relaunched in 2010

Former online shopping portal eLuxury, has been transformed into a web magazine called Nowness, due to be up and running by beginning of January. According to the site’s owner, French luxe conglomerate LVMH, Nowness will be covering the fields of fashion, art, design, culture, travel, beauty, food and wine, music, and entertainment.

LVMH buys 50% share in Chateau Cheval Blanc

LVMH has bought a 50% stake in St-Emilion’s Château Cheval Blanc from its billionaire chairman and controlling shareholder, Bernard Arnault. However financial terms were not disclosed in the release, which pointedly failed to mention that LVMH was acquiring the Bordeaux wine from Arnault. Arnault, reputedly France’s richest man, bought Cheval-Blanc with Belgian businessman Albert Frère … Continued

French luxury group LVMH sees profit drop

France’s LVMH, the world’s biggest luxury group, on Monday reported a 23% profit drop for the first six months of 2009 to €687 million ($977 million). But the company’s turnover edged up 0.2% from the same time last year to €7.81 billion ($11.1 billion) despite a sharp drop in sales of drinks and jewellery. Watches … Continued

China’s luxury market can be tough to crack

China may become the world’s biggest luxury market in some years but cultural challenges to win customers’ hearts for certain types of products remain, industry executives said this week. Champagne house Taittinger said it could make high-end sparkling wine in China but the market was not ready for it yet… … while Lamborghini said the … Continued

Google Opens up Brand Name Bidding

Beginning June 15, 2009, Google is relaxing its policy on use of trademarks in ad copy text. In the past, Google has restricted the use of brand names in ad text and was willing to take action to prevent it which allowed you to authorize specific resellers to use your brand while restricting the remainder … Continued

LVMH Invests In Bono’s Clothing Line

LVMH, the world’s leading luxury products group has completed a minority investment in Edun, the ethical fashion company owned by Ali Hewson and her husband Bono, U2 lead singer and activist. Edun is a brand of socially conscious fashion for men and women. The Company’s mission is to create beautiful clothing and sustainable trade with … Continued

LVMH denies Moët Hennessy sale reports

Luxury goods group LVMH Moët Hennessy-Louis Vuitton has denied it is in negotiations to sell wines and spirits division Moët Hennessy. A report in the Daily Telegraph newspaper suggested that liquor company Diageo was considering a €12bn ($15.5bn) takeover of LVMH’s drinks arm, which includes brands such as Dom Pérignon, Moët & Chandon, Krug and … Continued

Louis Vuitton opens Champs-Elysees store Sunday amid legal battle

Louis Vuitton opened its Champs-Elysees store Sunday amid an ongoing national battle over the supposed day of rest. French law only allows retailers that sell sporting, recreational, leisure and culture items in heavily trafficked tourist areas to open Sunday. The law is aimed to support “dominical rest.” Louis Vuitton has argued that the store features … Continued

ELuxury.com to Shutter Retail Operation

An article in WWD last week said that LVMH will be closing down the retail operations of eLuxury over the next six months. They are going to make it into an online magazine focusing on the “world of luxury”. The official reason is “(…) because many of the brands it sells have developed their own online … Continued

LVMH Buys Montaudon Champagne

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 … Continued

Champagne Krug “On My Own Terms”

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 … Continued

LV : The World’s Most Counterfeited Fashion Brand

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 … Continued

LVMH to Acquire Royal van Lent, Builder of Luxury Mega-Yachts

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 … Continued

Le Coffret de Victoire – Dior

Le Coffret de Victoire Collection for Dior, released a few months ago, has some of the most unusual and original rings crafted from the finest gems, ores and materials. Created by designer Victoire de Castellane, the collection includes rings with skulls, cameo rings, floral rings and even a food dog on a pillow as well … Continued

LVMH acquires the Swiss watchmaker Hublot

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 … Continued

Champagne expands domain to answer demand surge

Faced with surging demand, France’s champagne producers have decided on a very simple way to boost production by widening the vineyard. A decision made by a French agricultural body on Thursday will allow producers to extend the area in which they are allowed to make the world’s most famous sparkling wine, until now restricted by … Continued

The NY Times Tastes the Krug Clos d’Ambonnay

Following on from the highly successful Clos du Mesnil champagne Krug (LVMH) have released the Clos d’Ambonnay champagne from the 1995 vintage. Like the Clos du Mesnil the grapes used in the Clos d’Ambonnay come from a single vineyard. The vineyard used for Clos d’Ambonnay is located in Ambonnay in the Champagne area and will … Continued