LVMH

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Hermes is hiking its prices after increases by its rivals such as LVMH’s Louis Vuitton and Kering’s Gucci earlier this year. Photograph: Reuters/Jacky Naegelen

Hermes plans to raise prices next year, partly in response to the rising cost of silks and leather, the French luxury group said today as it posted fo(...)

Losses continued to mount last year at the ethical clothing company founded by Bono and his wife, Ali Hewson. New figures lodged with the Companies Of(...)

Sunglasses stand on display inside a Tag Heuer store, operated by LVMH , in the Pavilion Mall shopping center in Kuala Lumpur, Malaysia. Asian consumers are more inclined to shop impulsively and pay extra for designer goods than people from other regions, according to a study by market information company Nielsen Holdings NV. Photograph: Goh Seng Chong/Bloomberg

The world’s largest luxury-goods maker LVMH, and Gucci owner Kering, reported accelerating sales growth as the industry rebounded from a weak start (...)

Mining company Alcoa kicked off the US earnings season with results that beat analysts’ estimates.

European stocks rose to their highest level in almost a month as miner Alcoa kicked off the US earnings season with results that beat analysts’ estima(...)

A Louis Vuitton store operated by LVMH in Shanghai, China. LVMH’s €2 billion takeover of Italian luxury cashmere clothing brand Loro Piana follows the €3.7 billion takeover of Italian jeweller Bulgari two years ago and the building of a 22.6 per cent stake in French luxury goods rival Hermes. Photograph: Tomohiro Ohsumi/Bloomberg

LVMH shares rose to a one-month high yesterday on investors’ hopes that its €2 billion takeover of Italian luxury cashmere clothing brand Loro Piana w(...)

French luxury brand Hermes yesterday promised sales of leather goods and watches should improve later this year after growth undershot forecast(...)

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