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REUTERS/Marco BelloPARIS, Jan 26 (Reuters) - Luxury goods group LVMH's (LVMH.PA) sales rose 9% in the fourth quarter as shoppers in Europe and the United States splurged over the crucial holiday season, helping partly to offset COVID disruptions in China. Sales at the world's biggest luxury group reached 22.7 billion euros ($24.65 billion) in the final three months of the year, with the 9% increase on an organic basis a touch above analyst expectations for 7% growth, based on a consensus cited by UBS. LVMH has gained market share every year since 2019, its boss Bernard Arnault, the world's richest man, said. The group proposed a dividend of 12 euros per share, up from 10 euros a year ago. LVMH's shares have hit new highs this month, giving the luxury goods group a market capitalisation of 400 billion euros for the first time and cementing its lead as Europe's most valuable company.
He has already made his key appointment in choosing Daniel Lee to replace Riccardo Tisci as chief designer at the 166-year-old label. Leather goods account for around 20% of Burberry's sales versus 70% at Bottega Veneta. Tisci, in turn, changed Burberry's design language by introducing a TB monogram, that increased the brand's appeal to younger luxury consumers. The final stages of Burberry's five-year plan were expected to see an acceleration in revenue growth and an increase in profits. Burberry's rivals - led by French luxury leaders LVMH (LVMH.PA) and Kering (PRTP.PA) - in contrast, have most recently reported double-digit sales growth in the quarter to the end of September.
The leather motorcycle jacket has achieved timeless status in its near-century of existence. While never out of style, it goes through cycles of being more in from time to time. One of those times is now. Fall 2023 runways were revved up with the retro-inspired leather jacket look, tweaked here and there via proportion and surface treatment to bring it up to speed. It was distressed at Versace, branded at Burberry , oversized at Saint Laurent and Dolce & Gabbana, neat and fitted at Loewe and Givenchy and classic at Polo Ralph Lauren and Celine.
Cea de-a XXVIII-a ediţie a Festivalului Internaţional de Operă şi Balet „Maria Bieşu” se va încheia cu un spectacol inedit în aer liber, care va avea loc astăzi, începând cu ora 21.00, în scuarul Operei Naţionale. Potrivit organizatorilor, în cadrul tradiţionalului concert de gală, vor răsuna arii celebre din operele în care a evoluat primadona Maria Bieşu de-a lungul activităţii sale artistice: G. Bizet, J. Strauss, G. Donizetti, W.A. Astfel, pentru prima dată în istoria festivalului, Concertul de Gală al festivalului va fi prezentat în aer liber, în scuarul Operei Naţionale. Concertul de Gală al festivalului va fi dirijat de Nicolae Dohotaru, director artistic TNOB, Artist al Poporului şi Andriy Yurkevich, prim-dirijor TNOB, Artist Emerit al Ucrainei. Cea de-a XXVIII-a ediţie a Festivalului Internaţional de Operă şi Balet ”Maria Bieşu” a fost organizată de instituţia gazdă cu sprijinul Ministerului Educaţiei, Culturii şi Cercetării şi al altor instituţii.
Persons: G . Bizet, J . Strauss, G . Donizetti, W.A . Mozart, L ., J . Offenbach, F ., . Loewe, G . Rossini, J . Kerestely, Ecaterina Danu, Iurie Maimescu, Anastasia Cuşnir, Ion Timofti, Irina Vinogradova, Tatiana Busuioc, Marina Dobrescu, Rodica, Cernicova, Alexei Digore, Maria, Dohotaru, Nicolae Organizations: Operă, Cercetării Locations: Ucrainei
Total: 4