WOW!house at the Design Centre Chelsea Harbour review July 3, 2023 Sometimes your job as a writer is to critique, or nitpick – or at least to recommend improvements. At other times – and this should be done with a sigh after much internal questioning – it is to upbraid. Very rarely, your only duty is to praise and recommend – to add footfall and eyeballs [...]
Joe Marler out of Australia match following positive Covid-19 test November 9, 2021 Joe Marler will miss England’s next autumn international against Australia on Saturday after testing positive for Covid-19. The prop, who plays for defending premiership champions Harlequins, tested positive in both his lateral flow and PCR tests. In a statement, the Rugby Football Union (RFU) said: “Joe Marler has tested positive for Covid and will be [...]
Can’t knock the hustle: LVHM’s Moet Hennessy takes 50 per cent stake in Jay-Z’s champagne brand February 22, 2021 Luxury goods company LVHM is buying a 50 per cent stake in rap star Jay-Z’s champagne brand, Armand de Brignac. Jay-Z’s champagne brand is high-end, and known for its metallic bottles that cost hundreds of thousands of dollars each. The investment, LVMH and Jay-Z said, is aimed at growing Armand de Brignac through LVMH’s global [...]
Louis Vuitton owner LVMH sees revenue fall after tough year January 26, 2021 Luxury product group LVMH saw revenue decline 17 per cent in 2020, after the coronavirus pandemic caused serious disruption to the business. The business recorded revenues of 44.7bn euros in 2020, down 17 per cent on 2019, and profit from recurring operations at the business, which also owns brands Moet and Hennessy, declined by just [...]
Linkedin launches Stories feature in bid to lure in brands October 20, 2020 Linkedin has become the latest social media platform to roll out a Stories feature as it looks to bolster its offering for brands. The professional networking site has rolled out a new function that will allow users to publish photos and videos up to 20 seconds long using the mobile app. The company said the [...]
Christian Dior: Designer of Dreams at the V&A is a thorough investigation of the haute couture brand, if not the man himself February 1, 2019 By 1955, over half of all haute couture exported from France was designed by Christian Dior. Not bad for someone who started out selling sketches outside his house for 10 cents apiece. Not that you’d know that having been to this exhibition as, unlike the V&A’s blockbuster retrospective on the late Alexander McQueen, this show [...]
Tiffany wins expedited trial over LVMH’s bid to ditch $16bn takeover September 22, 2020 Tiffany & Co has won a motion to fast-track its lawsuit over LVMH’s bid to abandon a $16.6bn (£12.9bn) takeover of the US jeweller. Tiffany earlier this month sought legal action against luxury goods firm LVMH after the Paris-based company said the takeover deal was “no longer possible”. LVMH, which is owned by French billionaire [...]
LVMH sales slump drags down other luxury stocks July 28, 2020 Shares in luxury goods giant LVMH fell this morning after the Louis Vuitton owner posted a slump in profit and sales in the first half of the year due to the coronavirus pandemic. The French firm’s share price dipped more than four per cent after it reported a 27 per cent drop in revenue in [...]
Luxury goods giant LVMH ‘cautiously confident’ about 2020 January 28, 2020 Luxury goods giant LVMH said it was “cautiously confident” about the year ahead despite the “uncertain geopolitical context”, as it reported a jump in profit and revenue for 2019. Revenue soared 15 per cent to €53.7bn (£45.5bn) in 2019 and profit from recurring operations also jumped 15 per cent to €11.5bn, despite disruption caused by [...]
Coronavirus: Ikea shuts mainland China stores following outbreak January 29, 2020 Ikea is the latest company to announce it will temporarily close stores in China due to the outbreak of coronavirus. The Swedish retailer will shut around half of its 30 stores in mainland China until further notice to help halt the spread of the disease, the company’s owner Ingka Group said. Other global chains including [...]