LVMH: the Latest Luxury Brand to Forge Through Tough Times
LVMH group announced healthy profits this week, despite the troubled European economy and faltering Chinese housing market. Revenues for the first half of 2012 topped 13 billion euros, up 26% compared to the first half of 2011.
According to LVMH Chairman and CEO Bernard Arnault, sales across all 60 of the conglomerate’s subsidiaries contributed to this year’s robust numbers. Most notably, newly acquired Bulgari doubled LVMH’s jewelry operations, which saw an increase of 13% in organic growth.
Related Articles
The Brand That Refused to Follow the Market Is Now Leading It. Inside Letright’s Rise
Discover how Letright transformed outdoor living with recyclable materials, the Ombra Smart Pergola, and award winning sustainable innovation.
Louis Vuitton Just Introduced the Most Interesting New Material in Luxury Fashion
The new Louis Vuitton Silk Tech — a twill-woven hybrid of silk and reclaimed nylon — is available now in stores worldwide.
The h.wood Group Brings Delilah Back to the Hamptons — Bigger Than Last Year
The h.wood Group and Chase Sapphire Reserve bring Delilah back to Montauk for two peak-summer weekends in July 2026.
Inside Chanel’s New Palo Alto Boutique, Designed as a Love Letter to Rue Cambon
Chanel has opened a 5,100-square-foot boutique at Stanford Shopping Center in Palo Alto, designed by Peter Marino.
Why Knicks Star Josh Hart’s Obsessions Are Exactly What Make Him Great
New York Knicks star Josh Hart opens up about his historic NBA Finals win, being a FIFA World Cup ambassador, and his viral wine obsession.
Haute Shopping: Our Editor Wishlist for July
We’re getting into the heat of summer, which means that I need to add a few new things to my shopping list.
Latest Stories
Trending Articles
Related Articles
The Brand That Refused to Follow the Market Is Now Leading It. Inside Letright’s Rise
Discover how Letright transformed outdoor living with recyclable materials, the Ombra Smart Pergola, and award winning sustainable innovation.
Louis Vuitton Just Introduced the Most Interesting New Material in Luxury Fashion
The new Louis Vuitton Silk Tech — a twill-woven hybrid of silk and reclaimed nylon — is available now in stores worldwide.
The h.wood Group Brings Delilah Back to the Hamptons — Bigger Than Last Year
The h.wood Group and Chase Sapphire Reserve bring Delilah back to Montauk for two peak-summer weekends in July 2026.
Inside Chanel’s New Palo Alto Boutique, Designed as a Love Letter to Rue Cambon
Chanel has opened a 5,100-square-foot boutique at Stanford Shopping Center in Palo Alto, designed by Peter Marino.
Why Knicks Star Josh Hart’s Obsessions Are Exactly What Make Him Great
New York Knicks star Josh Hart opens up about his historic NBA Finals win, being a FIFA World Cup ambassador, and his viral wine obsession.
Haute Shopping: Our Editor Wishlist for July
We’re getting into the heat of summer, which means that I need to add a few new things to my shopping list.
Subscribe to Haute Living
Receive Our Magazine Directly at Your Doorstep
Embark on a journey of luxury and elegance with Haute Living magazine. Subscribe now and have every issue conveniently delivered to your home. Experience the pinnacle of lifestyle, culture, and sophistication through our pages.
Haute Black Membership
Your Gateway to Extraordinary Experiences
Join Haute Black and unlock access to the world's most prestigious luxury events