Christian Dior

Designers including Louis Vuitton, Christian Dior and Bottega Veneta are upsizing their stores on Sloane Street as a £46m revamp of the luxury shopping destination begins.

Christian Dior SE, the holding company that controls 56% of the voting rights in LVMH, has named Antoine Arnault as its new CEO.

Revenue at LVMH’s fashion and leather goods division revenue grew 20% in 2019 to €22.2bn year on year, leading to a 24% increase in profit to €7.3bn. 

LVMH’s fashion and leather goods division’s revenue grew 21% in the six months to 30 June, compared with the same period last year. 

Luxury group LVMH reported a 20% jump in reported sales in its fashion and leather goods division to £5.1bn for the three months to 31 March.

LVMH’s fashion and leather goods division’s revenue grew 15% in the year to 31 December 2018, compared with 2017.

Luxury London department store Harrods has unveiled its revamped 41,000 sq ft menswear department.

Ecommerce platform Lyst has named Italian streetwear label Off-White as fashion’s most popular brand for the third quarter of 2018.

LVMH’s fashion and leather goods business recorded a reported revenue growth of 20% in the first nine months of 2018, compared to the same period last year.

French luxury group LVMH recorded a surge in fashion and leather goods sales during the first quarter of 2018, amid an ongoing shake-up within its brands.