Fashion and leather goods experienced a revenue growth of 30 percent in the first quarter. Image credit: Shutterstock
Luxury Daily’s live news for April 12:
LVMH revenue up 29pc in Q1, led by fashion and leather goods
French luxury conglomerate LVMH Moët Hennessy Louis Vuitton has recorded revenue of 18 billion euros, or about $19.5 billion at current exchange, for the first quarter of 2022.
Moda Opernadi collaborates with Rebag for exclusive edit
Online luxury retailer Moda Operandi is teaming with resale platform Rebag in a new effort that seamlessly melds the primary and secondary markets.
Valentino continues pop-up series celebrating Rendez-Vous collection
Italian fashion label Valentino is continuing to host pop-ups across the country in celebration of its spring/summer 2022 offerings, the Rendez-Vous collection.
Hennessy honors founder with special release
LVMH-owned Cognac brand Hennessy is honoring its founder and brand heritage with a new decanter, Richard.
Cadillac expands exclusive Collector’s Series in anniversary effort
U.S. automaker Cadillac is marking 120 years of the brand with a new expansion of its Collector’s Series.