Tag Archives: Louis Vuitton

Business: Inside LVMH Moët Hennessy Louis Vuitton

CNBC (May 15, 2023) – The luxury conglomerate LVMH Moët Hennessy Louis Vuitton controls 75 Maisons, or brands, including Tiffany & Co., Sephora, Dior, Givenchy and TAG Heuer. At the helm of the luxury empire is the richest person in the world,

Chapters: 0:00 – Introduction 2:20 The Rise Of Louis Vuitton 8:45 A Culture Company, Not Just Luxury 16:46 The Future Of Luxury

Bernard Arnault, whose five children all hold senior executive roles within the company. With a keen eye for luxury, ruthless negotiation skills and an effective business acumen, Arnault has acquired some of the biggest names in the world. Most recently, in 2021, the company bought Tiffany & Co. for $15.8 billion after a bitter dispute about price due to the Covid-19 pandemic, and to salvage the luxury sector’s biggest-ever deal.

Though most companies struggled during the pandemic, LVMH’s stock steadily rose while it continued to report record revenue year after year as wealthy consumers participated in what McKinsey & Co. called “revenge spending.” For the first quarter of 2023, LVMH reported a 17% increase in revenue from the same period a year earlier. The Asia market, which had seen the most significant drop due to Covid-19 closures, had a 14% rise in revenue after an 8% decrease in the fourth quarter of 2022. In April 2023, LVMH became the first European company to surpass $500 billion in market value.

Reviews: ‘The Week In Art’

January 27, 2023: This week: as robotic figures of the Japanese artist Yayoi Kusama appear in windows of Louis Vuitton stores in New York, London and Tokyo, Ben Luke talks to Federica Carlotto, a specialist in art and luxury, about the latest collaboration between Kusama and the LVMH brand.

What does it tell us about what the former creative director of Louis Vuitton, Marc Jacobs, called the “monumental marriage between art and commerce”? Also this week, the artist Michael Rakowitz hopes to give a public sculpture he made for Trafalgar Square in London to Tate Modern and an Iraqi institution. He explains how it prompted Iraq to request the return of one of the lamassu, the ancient Assyrian sculptures that inspired Rakowitz’s work, from the British Museum to its country of origin.

And this episode’s Work of the Week is I didn’t put myself down for sainthood (2018), a piece made by Rosy Martin in collaboration with Verity Welstead. The photographic ensemble is in the opening displays of the new Centre of British Photography in London. We speak to James Hyman, the art dealer, collector and co-founder of the centre, about the work.

You can hear our interview with Michael Rakowitz when he unveiled the sculpture in Trafalgar Square in the episode from 22 March 2018 and an in-depth conversation with Michael in the episode of the A brush with… podcast from 9 June 2021.Headstrong: Women and Empowerment, Centre for British Photography, London, until 23 April.

New Photography Books: ‘Louis Vuitton Fashion Eye Greece’ – François Halard

Famed for his photographs of interiors, François Halard sees himself as a soul hunter, capturing places that are alive, infused with the spirits of their owners. Here, he presents his very personal vision of Greece, and in particular the island of Symi. Classical sculptures, mineral structures and landscapes rising up from the earth fill the pages, tinted in blue tones, as if under the watchful eye of Halard’s mentor, Cy Twombly. Born in Paris to parents who were interior designers, François Halard initially made his name in the world of fashion. Haute couture, ready-to-wear, still‑life vignettes, portraits — his photographs were featured in magazines like GQ, Vanity Fair and French Vogue. But with his travels taking him far and wide, and after many inspirational encounters with artists, he moved away from fashion to hunt down fascinating homes and the souls of their owners. It is said he has photographed more than 4,000 of them. Inspired by the House’s travel heritage, the Louis Vuitton Fashion Eye collection evokes cities, regions or countries through the eyes of fashion photographers, from emerging talents to industry legends. Each title in the series features an extensive selection of large-format photographs, together with biographical information and an interview with the photographer or a critical essay. After Louis Vuitton City Guides and Travel Books, this third collection presents travel photography with a fashion perspective, as the chosen photographers all infuse their images of great cities, faraway places or dream destinations with their unique vision.

Health: LVMH And Fashion Industry Now Making Hand Sanitizer, Masks And Protective Gear (Podcast)

Monocle 24 On Design LogoJamie Waters explains how the fashion industry emerged as a vital contributor in the fight against the pandemic. Many brands, big and small, have pivoted to make masks and other protective equipment.