Nicknamed as Ace of Spades, the chart-topping rapper’s champagne will now join the ranks of LVMH’s Dom Pérignon, Moët & Chandon and Veuve.
When Hong Kong protests impacted luxury brand revenues, China was there to cushion the losses. Now that China has been quarantined, just how will the luxury industry be impacted?
Echoes of 2003’s SARs crisis and China’s mismanagement then are scaring investors away from luxury stocks as prices fell across the board on news that the Wuhan virus had spread to six other markets
Completing its acquisition of the US Jeweller, LVMH’s hard luxury segment gets a massive shot in the arm, putting it in competitive position to rival Richemont Group in that category
LVMH shares have risen 49% this year, giving them capital required to make a realistic acquisition bid for Tiffany & Co valued at US$12 billion
Laurent Boillot, CEO of Guerlain (LVMH Group) and founder of Cha Ling, the group’s first Traditional Chinese Medicine wellness brand is betting big on China