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Tag Archives: LVMH

Why LVMH May Become a Bigger Beauty Player

GENEVA, Switzerland — The world of mass broadcast media has supported the rise of big brands that, almost by definition, had wide appeal. In contrast, today’s digital media reality favours niche brands that speak the language of specific consumer segments. Furthermore, with much digital media bought and sold through blind auctions, the raw procurement advantage enjoyed by big brands in traditional ...

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LVMH Buys Majority Stake in Napa Valley's Colgin Vineyard

PARIS, France — LVMH, the world’s biggest luxury goods company, has bought a majority 60 percent stake in Napa Valley’s Colgin Cellars vineyard, as part of the French group’s general strategy of acquiring highly rated wine operations. Colgin Cellars was founded in 1992 by Ann Colgin and specialises in red wines, many of which have achieved top marks from well-regarded critics ...

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LVMH Expands Gourmet Grocer La Grande Epicerie

PARIS, France — Luxury goods firm LVMH is opening a second high-end food hall in Paris, betting on growing appetite from locals for gourmet groceries as the group spruces up its stores across the French capital. The launch of the three-storey food hall, in the well-heeled 16th district of western Paris, comes amid a wave of investment in luxury stores and ...

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Richemont hires HR head from LVMH to Bolster Management Team

ZURICH, Switzerland — Luxury goods group Richemont moved to shore up its management team on Thursday by appointing two outsiders to its senior executive committee. The maker of Cartier jewellery and IWC watches said it had hired Sophie Guieysse from luxury rival LVMH as group human resources director and Jean-Jacques van Oosten from Rewe Digital for the new role of ...

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