France
11% organic revenue growth for LVMH
LVMH Moët Hennessy Louis Vuitton recorded a 10% increase in revenue, reaching 33.1 billion euros in the first nine months of 2018. Organic revenue grew by 11% compared to the same period in 2017
Longchamp inaugurates sixth workshop in France
French leather goods manufacturer Longchamp has inaugurated its sixth workshop in France, while embracing the challenge of finding new employees to recruit and train for its production
Jordan partners with Paris Saint-Germain
In the last few years, the Jordan Brand has been a growing presence in Paris. A Jordan-only store (Jordan Bastille) opened in 2016 and in the following year the brand announced a partnership with the French Basketball Federation
Hermès with strong sales growth
The French-based luxury group announced consolidated revenue for the first half of 2018 amounting to 2.853 billion, up by 11% at constant exchange rates and by 5% at current exchange rates. Sales growth was solid and particularly sound in the group's stores (+11% at constant exchange rates)
Masayuki Ino wins the LVMH prize
The Japanese designer, creator of the streetwear brand Doublet, has been awarded the fifth annual prize for young designers by LVMH
Richemont sells Lancel to Piquadro
Switzerland-based luxury goods holding company Compagnie Financiere Richemont SA confirmed it has sold its French leather-goods subsidiary Lancel to Italian-based company Piquadro SpA
Brazilian Footwear elects seven target markets
The Brazilian Shoe Manufacturers Association (Abicalçados), the Brazilian Trade and Investment Promotion Agency (Apex-Brazil) and the members of the Brazilian Footwear program (maintained by those entities) promoted a meeting to select target markets for the next two years
LVMH invests in luxury platform Lyst
Fashion research platform Lyst announced the participation of the LVMH group in a new round of funding. Although the details of the deal have not been revealed, investment should amount to 50 million euros
Global footwear together for free and fair trade
Wishing to give a strong signal against the protectionist movements recently emerging in several parts of the globe, representatives of footwear national associations and industry chambers of various continents signed a joint declaration in support of free and fair trade
Kering with strong revenue growth
The group's consolidated revenue in the first quarter of 2018 totaled 3 107.8 million euros, up by 27.1% as reported and 36.5% on a comparable basis
LVMH most attractive employer among students
The luxury house has consolidated its position as the preferred employer among students at French business schools in the latest Universum ranking
Louis Vuitton expands French manufacturing
The French-based luxury house is expanding its leather goods and handbag production with two new workshops in western France
Hermès with strong growth in sales
The French-based luxury group announced a 9% increase in sales (at constant exchange rates) in 2017, with well-balanced contributions across the business lines and all geographical areas
Strong year at LVMH
A leading player in the luxury segment, LVMH Moët Hennessy Louis Vuitton recorded revenue of 42.6 billion euros in 2017, an increase of 13% over the previous year. Organic revenue growth totaled 12%-
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