Newsfeeds Archive - Spark Newswire

2 minute read

May 22, 1:20 PM

https://www.reuters.com/markets/deals/lvmh-deepens-partnership-with-alibaba-boost-tech-presence-china-2024-05-22/French luxury group LVMH will deepen its partnership with Alibaba to leverage the firm's cloud

BABA

2 minute read

Louis Vuitton And Alibaba Strengthen Ties To Boost AI-Powered Luxury Retail

By Shivani Kumaresan

May 22, 11:36 AM

French luxury fashion house LVMH and Alibaba Group have announced an expanded partnership to elevate the luxury experience in China using Alibaba's cloud and AI-powered retail innovations. This deeper collaboration underscores their commitment to retail innovation and tech-driven luxury experiences, helping LVMH enhance its omnichannel presence in China and access Alibaba's advanced technologies to optimize operations and customer insights.

BABA

1 minute read

French Fashion Giant LVMH Records 3% Organic Revenue Growth In Q1: Details

By Shivani Kumaresan

April 17, 7:40 AM

LVMH-Moet Hennessy Louis Vuitton records €20.7 billion revenue in Q1 FY24, with organic growth at 3%. Despite a 2% decline, the Fashion & Leather Goods business group sees a 2% organic revenue increase, while the Perfumes & Cosmetics business group records 7% organic growth.

LVMHF

1 minute read

News

SMX (Security Matters) Says It Is Working With PepsiCo Europe To Promote Sustainability Across Europe Supply Chain

By Benzinga Newsdesk

April 5, 6:10 AM

Notably, the success of initial tests has moved the program toward finalizing an agreement to scale the technology across their operations and provide PEP accurate identification of marked PepsiCo packaging to validate

LVMHF

2 minute read

Bernard Arnault’s Son Sets Sights On $30B Watch Market With High-End, Reinvented Pieces After LVMH Restructuring

By Benzinga Neuro

February 5, 2:36 AM

The luxury giant has 10 watch brands, including TAG Heuer, Hublot, and Zenith, along with fashion and jewelry brands such as Louis Vuitton, Bulgari, and Dior, which also produce watches.

LVMHF

2 minute read

Spotlight On Luxury Retail As Louis Vuitton Reports Earnings Thursday

By Surbhi Jain

January 25, 9:42 AM

LVMHF will report earnings on Jan. 25. Despite a recent decline in stock, LVMH's diversified brand portfolio & strong sales in key segments suggest potential for growth. Analysts maintain Outperform rating & price target of €900.

LVMHF

2 minute read

Musk, Bezos, Buffett Get Richer, Rest Of World Gets Poorer: Here’s A Look At Wealth Inequality Over Last 3 Years

By Chris Katje

January 17, 1:11 PM

A new report highlights the inequality in wealth with the world's five richest people doubling their wealth over the last three years as others around the world saw declines.

AMZN

2 minute read

Burberry Trims Profit Outlook: Are Luxury Goods Losing Charm?

By Lekha Gupta

January 12, 11:57 AM

Burberry shares were down 7% in morning trading, extending losses over the last year to 44%. Louis Vuitton and Kering SA also declined.

BURBY

1 minute read

Sanofi’s Olympic Endeavor: Leap Into Olympic Sponsorship Signals Cultural Transformation

By Vandana Singh

January 10, 7:36 AM

French pharmaceutical giant Sanofi SA (NASDAQ: SNY) is making an unconventional stride by sponsoring the 2024 Olympic Games in Paris in an effort to rejuvenate the company's image, attract a younger workforce, and showcase its

CRERF

2 minute read

Holiday Showdown: Black Friday Reigns Over Christmas As Top Brands Steal the Shopping Spotlight

By Lekha Gupta

January 2, 2:54 PM

Telsey Advisory Group analyst Dana Telsey presented a brand performance study on the Christmas vs. Black Friday holiday by revisiting the Google Trends insights from Black Friday, with many initial findings holding over the extended holiday period.

AMZN

Latest news

“LVMH Deepens Partnership With Alibaba To Boost Tech Presence In China” – Reuters

Louis Vuitton And Alibaba Strengthen Ties To Boost AI-Powered Luxury Retail

French Fashion Giant LVMH Records 3% Organic Revenue Growth In Q1: Details

SMX (Security Matters) Says It Is Working With PepsiCo Europe To Promote Sustainability Across Europe Supply Chain

Bernard Arnault’s Son Sets Sights On $30B Watch Market With High-End, Reinvented Pieces After LVMH Restructuring

Spotlight On Luxury Retail As Louis Vuitton Reports Earnings Thursday

Musk, Bezos, Buffett Get Richer, Rest Of World Gets Poorer: Here’s A Look At Wealth Inequality Over Last 3 Years

Burberry Trims Profit Outlook: Are Luxury Goods Losing Charm?

Sanofi’s Olympic Endeavor: Leap Into Olympic Sponsorship Signals Cultural Transformation

Holiday Showdown: Black Friday Reigns Over Christmas As Top Brands Steal the Shopping Spotlight