Why Luxury Brands Are Spending Billions to Put Their Logo on a Race Car
This strategic pivot to sports marketing highlights the necessity of aligning brand values with market demands.
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LVMH, short for Moët Hennessy Louis Vuitton, is a French multinational luxury goods conglomerate headquartered in Paris. Founded in 1987 through the merger of fashion house Louis Vuitton with Moët Hennessy, a company formed after the 1971 merger between the champagne producer Moët & Chandon and cognac manufacturer Hennessy, LVMH owns a portfolio of over 70 prestigious brands across various sectors such as wine and spirits, fashion and leather goods, perfumes and cosmetics, watches and jewelry, and selective retailing.
This strategic pivot to sports marketing highlights the necessity of aligning brand values with market demands.
Mass brands are behaving more like luxury houses, and that is not a coincidence. When Magnum stages premium ice cream and smoothie activations in places like Hangzhou while consumers are openly…
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LVMH has agreed to sell the Marc Jacobs brand to WHP Global, in a deal that ends nearly 30 years of ownership but keeps Marc Jacobs himself in place as Founder and Creative Director…
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La Samaritaine has unveiled Bons baisers de la Samaritaine (Best Wishes from Samaritaine), running from April 17 to August 26, 2026, at 9 rue de la…
Loro Piana announced the winners of the 27th edition of the Loro Piana Record Bale Award at the Tokyo National Museum on April 1, 2026. The…
LVMH is putting its people front and center. On April 7, the Paris based luxury conglomerate officially launched Career Compass to 211,000 talents across the Group,…
Chandon has launched the Chandon Spritz collection, a new line of ready to serve Spritzes that marks one of the most ambitious product innovations in the…
LVMH has deepened its talent pipeline with Central Saint Martins in London, hosting more than 130 students for its latest CSM Portfolio Day under their long-term…