Keywords: LVMH


Giorgio Armani holding company doubles 2025 profit while contesting Italian antitrust penalty

The holding company that controls the Giorgio Armani fashion empire reported a sharp increase in profitability for 2025, delivering its first annual financial results since the death of founder Giorgio Armani. The figures highlight the group's financial resilience while revealing ongoing legal and......

Armani considers dividing 15% stake among luxury giants, report says

Italian fashion house Giorgio Armani is reportedly considering splitting a 15% ownership stake into three equal parts, potentially involving major luxury players including LVMH Moet Hennessy Louis Vuitton SE, L'Oreal SA, and EssilorLuxottica SA. According to reports, the plan is linked to the long-term......

Arnault warns of global fallout as Middle East conflict hits luxury

LVMH chief executive Bernard Arnault has warned of severe global economic consequences if the conflict in the Middle East continues, as the luxury group faces a sharp slowdown in one of its fastest-growing regions. His remarks come as the company expands its retail presence in Dubai while confronting......

LVMH posts worst quarterly stock drop in its history as Arnault loses $56 billion

Bernard Arnault, chairman of LVMH, shed roughly $55.9 billion from his net worth during the first three months of 2026, according to the Bloomberg Billionaires Index, as the world's largest luxury conglomerate recorded its steepest quarterly stock decline on record. The losses reduced his fortune......

Jonathan Anderson takes creative lead at Dior

Northern Irish designer Jonathan Anderson has been appointed as the overall artistic director of Dior, according to an announcement by LVMH on social media. This move follows the recent exit of Italian designer Maria Grazia Chiuri, who previously led Dior’s women’s division. Anderson, who......

Jonathan Anderson departs Loewe amid fashion industry reshuffling

Designer Jonathan Anderson has left his role at the Spanish fashion house Loewe, marking a significant change in the global fashion scene. This departure is part of a broader restructuring following a wave of resignations and departures in major fashion brands. The fashion industry is navigating challenging......

Google Eyes Record-Breaking $23 Billion Acquisition of Cybersecurity Startup Wiz

In a potential landmark deal, Google is in advanced talks to acquire Wiz, a cybersecurity startup, for a staggering $23 billion. If finalized, this acquisition would mark the largest in Google’s history. What makes this young company so desirable? Phenomenal Growth Trajectory Wiz was founded......