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October 04, 2025
 

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LVMH

A Louis Vuitton store in Seoul. South Koreans’ enduring love for luxury, coupled with a resilient economy and surging consumer confidence, has made the market a bright spot for top industry names.
BUSINESS / Markets
Sep 25, 2025
LVMH bets on South Korea to spur growth amid U.S. and China uncertainty
The group’s two largest fashion labels, Louis Vuitton and Christian Dior, are both looking to expand their flagship stores in Seoul.
An advertisement for Louis Vuitton in Kuala Lumpur on Friday
BUSINESS / Markets
Jul 29, 2025
U.S. tariffs to test pricing by luxury brands already paying for dramatic hikes
Estimates suggest big luxury companies already raised prices by 33% on average between 2019 and 2023.
A Loro Piana SpA luxury clothing store in Milan on Wednesday
BUSINESS / Companies
Jul 17, 2025
Italy cracks down on sweatshops supplying Armani and Dior
For a decade, a Chinese tailor toiled in a three-story building on the outskirts of Milan, working 13 hours a day making high-end garments for brands including Italian cashmere label Loro Piana.
The working conditions cited by prosecutors shed light on the differences in wealth between people purchasing luxury goods and many of those making them.
BUSINESS / Companies
Jul 15, 2025
LVMH’s Loro Piana faces court oversight in Italy labor probe
In some factories, working hours mostly exceeded the 8-hour legal standard, employees slept on shop floors and were paid a fraction of Italy’s legal minimum, prosecutors said.
U.S. President Donald Trump holds a bag as he visits the Louis Vuitton Rochambeau Ranch leather workshop in Keene, Texas, in 2019.
BUSINESS / Companies
Apr 10, 2025
LVMH finds making Louis Vuitton bags messy in Texas
Former staff say Louis Vuitton’s Texas plant wastes up to 40% of leather and encouraged defect coverups to hit targets.
The Tiffany & Co. store on Fifth Avenue in New York in 2023
BUSINESS / Companies
Jan 28, 2025
Tiffany workers mock forced 'joy' that exacerbated staff exits
When Tiffany & Co. executives were looking for ways to boost staff morale, they rolled out an internal social app called "Tiffany Joy.” It didn’t take long to turn into a chore.
A Dior store front in Rome. Despite passing audits, Dior's contractors in Italy have been accused of labor abuses.
BUSINESS / Companies
Jan 2, 2025
Inside luxury goods' broken audit system
Revelations of worker exploitation in Dior's Italian production chain have exposed flaws in supply chain audits and triggered judicial action.
A customer leaves a luxury eyewear shop in Hong Kong on Wednesday.
BUSINESS / Tech
Dec 19, 2024
As bitcoin soars, luxury brands consider accepting crypto payments
Luxury labels have long sought to cater to affluent shoppers from the tech industry.
A Louis Vuitton store under construction in the Sanlitun area of Beijing on Oct. 12
BUSINESS / Companies
Oct 17, 2024
LVMH sales drop as Chinese demand for costly handbags cools
Organic revenue at its key fashion and leather goods unit fell 5% in the third quarter, its worst performance since the second quarter of 2020.
Shoppers outside a Sephora store in Vancouver on Aug. 15
BUSINESS / Companies
Aug 22, 2024
LVMH’s Sephora cuts around 10% of staff in China as its woes deepen
While Sephora has expanded to some 300 stores since entering China in 2005, the country is increasingly difficult for higher-end retailers to navigate.
A man walks past a store of luxury brand Burberry at a shopping mall in Beijing in 2021.
BUSINESS / Markets
Jul 17, 2024
Luxury brands feel the sting as Chinese growth slows
China accounted for 16% of $393.8 billion of global luxury spending last year, but the economy grew slower than expected in the last quarter.
The Dior investigation focused on four suppliers employing 32 staff who worked in the surroundings of Milan, two of whom were immigrants in the country illegally while another seven worked without the required documentation.
BUSINESS / Companies
Jun 11, 2024
LVMH's unit put under court administration in Italy over labor exploitation
A probe alleged that the Italian subsidiary, which makes Dior-branded handbags, had subcontracted work to Chinese-owned firms that mistreated workers.
LVMH CEO Antoine Arnault (left), LVMH head Bernard Arnault (center) and Paris 2024 Organising Committee President Tony Estanguer pose at a news conference announcing the luxury titan as a premium sponsor of the Paris Games on Monday.
OLYMPICS
Jul 25, 2023
LVMH strikes Paris Olympics sponsorship deal
The agreement has been expected to cost around €150 million ($166 million) and involve promotions focused on the group as well as its largest fashion and champagne labels.
Japan Times
BUSINESS / Economy
Jul 19, 2023
Why China could become the luxury industry's next sore spot
The luxury goods industry has relied heavily on China and North America for growth in recent years, but latest figures suggest both markets may be starting to slow.
Japan Times
COMMENTARY / World
Oct 11, 2020
French billionaires seize pandemic opportunities
France is the land of what writer Pascal Bruckner calls 'Bolshevism-lite,” where wealth is publicly hated but privately hoarded.
Japan Times
BUSINESS
Nov 25, 2019
France's LVMH close to $16.3 billion deal to buy Tiffany after sweetening offer: sources
LVMH is close to buying U.S. jewelry chain Tiffany & Co. for about $16.3 billion after sweetening its offer, sources said on Sunday, as the owner of Louis Vuitton and Bulgari aims to tap the fast-growing luxury jewelry market.
Japan Times
BUSINESS
Oct 28, 2019
$14.5 billion acquisition offer: Louis Vuitton really wants something from Tiffany but timing may be iffy
LVMH is apparently looking to add a new bauble to its collection of luxury industry jewels. It might want to remember that, in jewelry as in corporate acquisitions, the patient shopper often gets a better deal.
Japan Times
WORLD / Science & Health
Sep 26, 2019
French billionaire Bernard Arnault calls teen climate activist Greta Thunberg 'demoralizing'
LVMH Chairman Bernard Arnault had some critical words for teenage environmental activist Greta Thunberg when he spoke at the luxury giant's sustainability event in Paris.
Japan Times
LIFE / Style & Design
Jul 29, 2018
The fashion industry welcomes a Doublet dose of parody
Masayuki Ino, designer of streetwear brand Doublet, reveals how luck and good sense of humor helped him become the first Japanese LVMH Prize winner.
Japan Times
LIFE / Style & Design
Jul 22, 2018
Now that's ironic: Untrendy fashion trends
Japanese street style can't help looking back to all those things you thought would never come into fashion.
Takaichi poised to become Japan's first female PM after winning LDP poll
Newly elected Liberal Democratic Party leader Sanae Takaichi celebrates after winning the leadership race in Tokyo on Saturday.
Tokyo's newest stationery store sells 'a slower, more human rhythm'
Plotter's signature customizable leather binder is just one of many products contributing to the ongoing boom in the popularity of Japanese stationery.
The party that ruled Japan for decades is in danger of crumbling
Haruo Tsukamoto, a rank-and-file member of the Liberal Democratic Party and a rice farmer in Ibaraki Prefecture, questions if the party still stands for people like him.
8,432 foreign children in Japan seen not attending school
The total number of foreign children registered in Japan as residents eligible for education at elementary or junior high schools stood at 163,358, up by 12,663.
U.S. federal shutdown affects Americans in Japan and diplomatic talks
The U.S. government shut down on Wednesday, though essential services are still being offered.
The summer kabuki came roaring back
Kabuki has been trying for years to attract a new generation of fans. One way to do this has been to adapt manga and anime franchises, such as “Naruto,” for the stage. 
Tea ceremony experts see matcha boom as a big opportunity
Atsuko Mori, founder and director of Kyoto-based tea salon Camellia Tea Ceremony, prepares matcha during a tea ceremony in Kyoto.
Japan's far-right party courts Trump allies and vows not to get 'wacky'
Sanseito party leader Sohei Kamiya speaks during an interview in Tokyo on Sept. 25.
How Ohtani has boosted Japan's soft power and made LA even more baseball-obsessed
Fans at Dodger Stadium pose in front of a mural highlighting the Dodgers' Japanese stars from past and present during a game earlier this year.
Japan faces fresh energy challenge as it seeks to expand power-hungry data centers
Data storage tapes at the National Energy Research Scientific Computing Center facility in Berkeley, California. Data centers consume massive amounts of electricity and water, and that will only rise as generative artificial intelligence takes off in earnest.

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