LVMH Archive

In Stagnant Market, Luggage Brands Roll On

LONDON, United Kingdom — In the first four months after it launched, luggage brand Raden made around $2 million worth of sales from its website and Manhattan showroom. The company, which sells just two sizes of luggage in a range of different colours, is on track to meet its target of $12 million in sales for its first nine months, according to founder and chief executive …

Bits & Bytes | Snapchat Spectacles, LVMH's Digital Drive

“Snapchat’s New Glasses Are As Silly As Snapchat (And That’s Why They’ll Be A Hit)” (Fast Company)“The glasses film 115-degrees wide to mimic human perception, and record a round image that creates videos outside the bounds of standard rectangular cropping.” “LVMH’s Digital Drive Takes Time Despite Apple Hire” (Reuters)“Almost a year after LVMH appointed former Apple Music executive, Ian Rogers, his impact on the world’s …

Berluti Names Haider Ackermann Creative Director

LONDON, United Kingdom — Berluti has appointed Haider Ackermann as its new creative director. Ackermann’s first collection for the Paris-based menswear brand will be Autumn/Winter 2017, presented during men’s fashion week in Paris in January. The Colombian designer succeeds Alessandro Sartori, Berluti’s previous creative director for five years, who rejoined Ermenegildo Zegna as artistic director in February, having previously worked as head of its Z …

Bottoms Up on Hermès, LVMH and Kering Performance

LONDON, United Kingdom — The Savigny Luxury index (“SLI”) staged a relief rally this month, gaining over 7 percent whilst the MSCI World Index (“MSCI”) gained almost 4 percent. Better-than-expected first half results took some of the sting out of the sector’s most severe correction in seven years. Big news The luxury sector stepped up to the plate this first half, surprising investors on the …