Articles

  • 4 days ago | gurutrade.com | Mimosa Spencer |Tassilo Hummel |Dominique Vidalon |Sonia Cheema

    PARIS, June 2 (Reuters) - Dior is appointing its menswear designer Jonathan Anderson to also head womenswear designs and haute couture, replacing Maria Grazia Chiuri and widening his role as it seeks to reignite sales, the LVMH-owned label said on Monday. "Jonathan Anderson is one of the greatest creative talents of his generation. Its unique artistic signature will be a key asset for writing the next chapter of the Dior house's history," LVMH CEO Bernard Arnault said in a statement.

  • 1 week ago | insideretail.asia | Tassilo Hummel

    French luxury group LVMH has room to raise prices of high-end products by around 2-3 per cent without likely affecting demand from luxury clients, but it would be difficult to lift prices of cognac or beauty products, company executives said on Wednesday. “We can increase prices by 2 per cent to 3 per cent per year,” deputy CEO Stephane Bianchi told members of the French parliament in a hearing on Wednesday, when asked about his group’s ability to offset potential tariffs.

  • 1 week ago | businesslive.co.za | Tassilo Hummel |Emma Rumney

    Paris/London — Pernod Ricard has replaced the head of its cognac business, Philippe Neusch, according to an internal memo seen by Reuters, in the latest change at the top of a major cognac house as the industry faces a sales slump and tariff threats. Neusch took the helm of Pernod’s cognac house Martell in 2023 and will be replaced by Francois-Xavier Morizot, who heads the group’s champagne business and will now run both divisions, the memo to staff said, thanking Neusch for his service.

  • 1 week ago | kfgo.com | Tassilo Hummel |Elisa Anzolin

    By Tassilo Hummel and Elisa AnzolinPARIS -In trying to reduce Kering’s over-reliance on struggling flagship label Gucci, French billionaire Francois-Henri Pinault has created another problem, as a string of acquisitions piled up debts just as the industry entered a prolonged slump.

  • 1 week ago | money.usnews.com | Tassilo Hummel |Elisa Anzolin

    ReutersA building acquired by Kering for its Gucci brand, as part of a wider push into real estate, stands in Paris, France May 28, 2025. REUTERS/Abdul SaboorBy Tassilo Hummel and Elisa AnzolinPARIS -In trying to reduce Kering's over-reliance on struggling flagship label Gucci, French billionaire Francois-Henri Pinault has created another problem, as a string of acquisitions piled up debts just as the industry entered a prolonged slump.

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Tassilo Hummel
Tassilo Hummel @tassilo_hummel
10 Apr 25

RT @gabstargardter: Great story by @tassilo_hummel and @waylon_wc on the difficulties LVMH has faced making high-end Vuitton bags in Texas…

Tassilo Hummel
Tassilo Hummel @tassilo_hummel
18 Feb 25

RT @saitomri: As usual, done with @zverev_live @reporter_polina @tassilo_hummel @ChristianLowe4 @m_tsvetkova. Tips and any follow up info w…

Tassilo Hummel
Tassilo Hummel @tassilo_hummel
16 Jul 24

RT @m_tsvetkova: Another example of a Western-linked company that saw Russia's war against Ukraine as a business opportunity https://t.co/I…