Louis Vuitton London flagship store

Top 10 Most Valuable Luxury Brands in the World

Louis Vuitton is the world’s most valuable luxury brand for the seventh consecutive year according to Millward Brown Optimor’s 2012 BrandZ study.

raf simmons

Dior names Raf Simons as new artistic director

French fashion powerhouse Dior has named Raf Simons as chief designer to succeed John Galliano who was fired more than a year ago for racist outbursts. The 44-year-old Belgian, who started out designing furniture, will be responsible for Haute Couture, Ready-to-Wear and Women’s Accessories. He will premiere his first Christian Dior Haute Couture collection in [...]

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LVMH acquires 10% stake in Chinese brand Ochirly

French luxury goods conglomerate LVMH – Louis Vuitton Moet Hennessy has paid US$200 million for a 10 per cent stake in Chinese fashion brand Ochirly. The buyout gives L Capital, LVMH’s private equity arm, to hold a direct stake in the family-owned Ochirly which has total value of US$2 billion. The investment gives L Capital [...]

Yacht Princess 64

LVMH launches yacht business in India

LVMH Group’s yacht-building firm Princess has announced formal entry into India and is aiming to sell up to five luxury boats in the next year. Smallest of these yachts cost INR40million ($790,000) while at the higher end, the price can go up to INR300million ($6,000,000). “We will sell four to five yachts in the next [...]

Marc Jacobs photo

Marc Jacobs to Dior, Phoebe Philo to Vuitton?

Much has been speculated ever since Dior’s creative head John Galliano fell from grace due to an anti-Semitism scandal five months ago. Everyone from Azzedine Alaia to Givenchy’s Riccardo Tisci has been named as a potential replacement in the process. But when respected trade publication Women’s Wear Daily adds water to the rumor mill, it [...]

LVMH Chairman Bernard Arnault

LVMH boss gets own rap song

Rappers’ fascination with luxury brands is far from dying down: following this summer’s surprise hit “Gucci Gucci” by Kreayshawn, it is Soulja Boy who is expressing his fashion love with an EP dedicated to Bernard Arnault. Soulja Boy has turned his attention to Arnault’s signature brand Louis Vuitton, offering lyrics such as: “It don’t make [...]

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