Paris-based fashion titan LVMH, the owner of Céline, Christian Dior and Guerlain, has disclosed a 64% hike in net profits to €5.65bn, although core earnings fell 5%.
LVMH profits boosted by Hermès sale
Net profits rise 64% to €5.65bn
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Sephora UK to launch new boutique store concept this summer to accelerate growth
Read moreThe LVMH-owned beauty retailer will debut two new specialised boutiques in London this year, driven by customer feedback for ‘smaller, more intimate spaces’ that serve their needs ‘without the time commitment of a destination shop’
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Finance
Sephora UK to launch new boutique store concept this summer to accelerate growth
The LVMH-owned beauty retailer will debut two new specialised boutiques in London this year, driven by customer feedback for ‘smaller, more intimate spaces’ that serve their needs ‘without the time commitment of a destination shop’
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Unrivaled HQ named ‘Sephora Arena’ as part of multi-year partnership expansion
The beauty retailer and women’s basketball league began their partnership last year, with the league’s Miami headquarters undergoing a name change as part of a major expansion of the partnership between Sephora US and Unrivaled
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Finance
Analysis: What is LVMH doing right in luxury – and can the Sephora owner keep it up?
A lengthy downturn in the luxury market appears to be coming to an end, with LVMH as a bellwether. Cosmetics Business looks at how beauty is leading the conglomerate’s return to sales growth, and whether it can last