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Search resuls for: "Christian Dior ."


2 mentions found


☆ LVMH Shuffles Leadership at Louis Vuitton, Dior
  + stars: | 2023-01-11 | by ( Nick Kostov | ) www.wsj.com   time to read: 1 min
LVMH said Pietro Beccari, who currently head’s Christian Dior, will lead Louis Vuitton from next month. PARIS— LVMH Moët Hennessy Louis Vuitton SE Wednesday announced a major reshuffle of its top executives, elevating Pietro Beccari to lead Louis Vuitton and tapping Delphine Arnault , daughter of Chief Executive Bernard Arnault , to run Christian Dior . The changes, effective Feb. 1, involve the luxury giant’s two largest brands and some of its best-known managers. Both Louis Vuitton and Dior have been on a tear, most recently riding a postpandemic boom in luxury spending that so far has shown little sign of easing.
☆ Luxury’s Resilience Hasn’t Been Tested Yet
  + stars: | 2022-10-12 | by ( Carol Ryan | ) www.wsj.com   time to read: 1 min
Designer fashion brands are still in a gilded age. Even if investors have been too quick to question how long this can go on, the industry doesn’t have the all-clear. Shares in LVMH Moët Hennessy Louis Vuitton were up a mere 2% in early trading Wednesday despite another blockbuster quarter for the luxury bellwether’s 72 brands, which include Tiffany & Co. and Christian Dior . Over the three months through September, LVMH sales increased 19% versus a year ago, stripping out the impact of exchange rates. Analysts had expected a 14.5% rise.
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