Articles tagged “lvmh”

What LVMH’s Belmond Buy Means for the Future of Luxury Travel

What LVMH’s Belmond Buy Means for the Future of Luxury Travel

Deanna Ting, Skift

LVMH might not have been the most obvious of suitors for Belmond's luxury assets, but now that it's close to owning them, it's a deal that makes a lot of sense in this post-experience economy still contending with the concept of new luxury.

2 days ago

Louis Vuitton Owner to Buy Luxury Travel Brand Belmond for $2.6 Billion

Louis Vuitton Owner to Buy Luxury Travel Brand Belmond for $2.6 Billion

Jeff Sutherland and Robert Williams, Bloomberg

This acquisition is further proof that the experience economy is far from dead, and that even self-proclaimed purveyors and "world leaders in high-quality products" understand the importance of luxury experiences in this increasingly evolving and changing luxury market.

2 days ago

Peloton Vs. SoulCycle: The Battle Heats Up

Peloton Vs. SoulCycle: The Battle Heats Up

Leslie Barrie, Skift

There’s no denying SoulCycle has a huge competitor on its heels. Whether Peloton has surged past the studio-class brand is still unclear. Regardless, SoulCycle needs to find a way to regroup — and fast — if it wants to remain the leader in the stationary cycling space.

1 week ago