Tag Archive for LVMH

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Dolce&Gabbana brings its Beauty Business Home

In April 2021, Dolce&Gabbana partially ended its licensing deal with Shiseido as part of the latter’s attempt to cut costs due to the Covid-19 pandemic. By December of the same year, the deal came to a final halt, leading the Italian luxury fashion house to now announce that it is bringing it…

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LVMH Buys Off-White as Virgil Abloh Takes up Bigger Roles

LVMH has announced its latest buy: purchase of a majority stake in Off-White, the luxury streetwear brand founded by Louis Vuitton’s current menswear creative director, Virgil Abloh, in 2013. Just to be clear, the purchase does not include the operational side of the brand which will still be han…

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LVMH, Cartier and Prada Adopt Blockchain to Fight Counterfeits

As counterfeits continue to flood the market, LVMH, Cartier and Prada are joining forces to offer a blockchain solution for their customers seeking an extra seal of authenticity for the goods they’re buying. The alliance of the world’s largest luxury goods brands plans to make a blockchain-enable…

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Tiffany & Co is now Part of the LVMH Empire

The LVMH group boasts several luxury brands under its umbrella. And in adding a big name to the list, the conglomerate is now set to scoop in jewelry brand- Tiffany & Co. for a cool $16.2 billion! As part of the deal, the French luxury group will pay $135 per Tiffany share, making the acquisi…