Articles tagged “lvmh”

LVMH Selects New Hospitality Boss to Lead Experiential Luxe Push

LVMH Selects New Hospitality Boss to Lead Experiential Luxe Push

Reuters

LVMH's $2.6 billion swoop for Belmond saw it go deeper into the travel and hospitality sector. Appointing someone to oversee that side of the business is a sure sign the company is taking it very seriously.

5 months ago

LVMH Bets on Restored Paris Mall With Hotel to Draw Chinese Tourists

LVMH Bets on Restored Paris Mall With Hotel to Draw Chinese Tourists

Robert Williams, Bloomberg

Can luxury travel help revive bricks-and-mortar retailing? LVMH is counting on it with its restored Paris department store opening next April, which will also see a new Cheval Blanc Hotel, restaurants, Christian Dior spa, and duty-free shopping.

8 months ago

Luxury’s New Model Is Goods Plus Experiences

Luxury’s New Model Is Goods Plus Experiences

Patrick Whyte, Skift

Luxury brands are gradually realizing the power of experiences and this is leading them to buy or partner with traditional travel and hospitality companies. Expect this trend to continue in 2019.

1 year ago

Luxury Brands Are Making Unconventional Partnerships the Next Big Thing

Luxury Brands Are Making Unconventional Partnerships the Next Big Thing

Laura Powell, Skift

Convergence, collaboration, partnership. By whatever name you call the phenomenon, expect to see more luxury travel companies taking the tack of expanding their appeal through teaming up with brands their customers likely fancy.

1 year ago

LVMH’s $2.6 Billion Bet on High-End Experiences

LVMH’s $2.6 Billion Bet on High-End Experiences

Patrick Whyte, Skift

LVMH's decision might seem strange on the surface, but in reality it makes a lot of sense for a company that wants to make sure it has a piece of all things luxury.

2 years ago

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 years 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 years 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.

2 years ago