LVMH Moët Hennessy - Louis Vuitton

LVMH and Hermès stock fell about 3 percent and 4 percent respectively, in line with sector peers including Kering, Prada and Burberry, after the US president announced a 50 percent duty on imports from the European Union.

The former Tiffany executive and son of Bernard Arnault has been handed a daunting task: reviving LVMH’s famed Moet Hennessy drinks business in the midst of a tariff war.

The former Loewe designer was confirmed as artistic director for men’s collections in a brief statement by LVMH chairman Bernard Arnault that left plenty of questions unanswered.

Chinese creators claiming to manufacture for luxury brands have gone viral on the platform, offering cut-price ‘dupes’ in response to Trump’s punitive tariffs on the country.

First-quarter fashion and leather goods sales fell 5 percent for the luxury giant, whose brands include Louis Vuitton and Dior.

A luxury stocks index compiled by Goldman Sachs Group Inc. has shed more than $200 billion from its February peak. LVMH reports 1Q sales Tuesday as hopes are evaporating that US resilience or Chinese stimulus can spark a lasting rebound.

Six years after Bernard Arnault and Donald Trump cut the ribbon on a Vuitton plant in rural Texas, a Reuters investigation has uncovered significant underperformance at the handbag plant, underscoring the hurdles LVMH faces as it attempts to build its production footprint in the US.

CEOs of the Geneva watch fair’s organising foundation, LVMH’s watchmaking division, Piaget and Breitling sound off on the latest edition. Bulgari has entered the fold, but Breitling, Audemars Piguet and Swatch continued to snub the expo.

American designers Jack McCollough and Lazaro Hernandez will take the creative reins of the Spanish brand, which grew estimated annual revenues to more than $1.5 billion during Jonathan Anderson’s transformative tenure.

Over a transformational 11-year tenure, Anderson’s crafty, curatorial vision turned the Spanish label into a powerful ‘cultural brand’ without it looking forced, writes Angelo Flaccavento.