• Skip to primary navigation
  • Skip to main content
Subscribe
  • Fashion
  • Sneakers
  • Bags
  • Accessories
  • Music
  • Rihanna
  • Follow
    • INSTAGRAM
    • FACEBOOK
    • PINTEREST
    • TWITTER
    • YOUTUBE
  • Store
News January 31, 2019
By Snobette
SHARE THIS ARTICLE
Share Tweet Pin Linkedln Email Reddit
News

LVMH Announces Great Quarter, Glides Past China Slowdown Fears

January 31, 2019. 1 Comment

Paris-based LVMH Moët Hennessy Louis Vuitton reported its full year and fourth-quarter results on Tuesday (January 29, 2019) with a total of 13.7 billion euros in group sales, an increase of nine percent versus last year. The results helped allay fears of the impact of slowing economic growth in China that caused the stock to pop six percent after the company announced.

In a press release, the company stated, “Driven by the agility of its teams, their entrepreneurial spirit, the balance between its different businesses and geographic diversity, LVMH enters 2019 with cautious confidence and once again, sets an objective of reinforcing its global leadership position in luxury goods.”

In press, the label highlighted a “very good response to Virgil Abloh’s and Nicolas Ghesquière’s [Louis Vuitton] fashion shows, success of Maria Grazia Chiuri [Dior] collections, significant media impact of Hedi Slimane’s first fashion show at Celine, success of Clare Waight Keller’s first collections at Givenchy, continued reorganization of Marc Jacobs and successful collaborations at Rimowa.”

In prepared remarks, CEO Bernard Arnault also spoke glowingly of Fenty Beauty‘s success, pointing out that the brand has reached 500 million euros in sales.

While the company remained cautiously optimistic on 2019, Arnault commented, “We need to expect that at some point there’s going to be an economic crisis. Not to slow down investors in any way, but we are being cautious. We know that nothing goes on forever and we know this economic cycle won’t go on forever. Nonetheless, 2019 has gotten off to a good start.”

Fashion Fenty Beauty News Rihanna Celine Dior Louis Vuitton Maria Grazia Chiuri Nicolas Ghesquière Virgil Abloh

What To Read Next

Read More
Beauty

Kim Kardashian Launches SKKN, Credits Kanye With Designing Logo And Packaging

Kim Kardashian officially debuted SKKN today, a skincare line launched with nine different products ranging from a cleanser

Read More ...
by Snobette on June 21, 2022
SHARE
Read More
News

Kim Kardashian Confirms Marilyn Dress Wasn’t Damaged, Says She’s Lost 21 Pounds Total

SKIMS CEO Kim Kardashian paid of visit of the Today Show where she chatted up the launch of

Read More ...
by Snobette on June 21, 2022
SHARE
Read More
News

Fight Breaks Out At Hypebeast’s HBX Store Opening In Manhattan, Leading To Arrest

Shanghai-based Hypebeast's grand opening of HBX on June 17, 2022, at 41 Division Street in Manhattan's Chinatown neighborhood

Read More ...
by Snobette on June 19, 2022
SHARE
First look: New Balance 9060 by #Mowalola, shown d First look: New Balance 9060 by #Mowalola, shown during the label’s PFW presentation earlier today.
Trust, this isn't over! We will be fighting for wo Trust, this isn't over! We will be fighting for women's freedom to control their fertility with our dying breath!!
The always fly @belladonala and @sweetstreetcosmet The always fly @belladonala and @sweetstreetcosmetics landed at Nordstrom with a capsule collection of jerseys, shorts, satin bomber jackets, cosmetics and accessories. Now on nordstrom.com

We love to see it! 💋
🕊 Long Live Virgil 🕊 Louis Vuitton's spring 🕊 Long Live Virgil 🕊 Louis Vuitton's spring '23 runway show in Paris today, honored the Abloh's legacy with a performance by Kendrick Lamar and the Florida A&M University marching band, the Marching 100.

Commenting on the use of a marching band, LV men's musical director @benjib, one of Abloh's longtime collaborative partners, said, "This is the ninth season. When we raised the idea of having a marching band, we wanted the energy, spirit, and sound.I really wanted to reach out and see if there was any possibility that we could make it happen. I am glad that we did.”

The collection was designed and styled by a team of creatives, including Ib Kamara, who was recently appointed Off-White image and art director.
Hanifa’s latest collection, now available to pur Hanifa’s latest collection, now available to purchase. 

Dare we say this is designer Anifa Mvuemba’s best effort to date?
Designer #GlennMartens Resort'23 runway collection Designer #GlennMartens Resort'23 runway collection for #YProject during Men's Paris Fashion week earlier today.

Martens never dissapoints with his silhouettes, layers and of course accessories.

The floral strappy sandals on the slide are 🔥🔥🔥and are we getting ASMR vibes from the concrete? 

🎥:@thevisionlabagency
INSTAGRAMFACEBOOKPINTERESTTWITTERYOUTUBE
  • Home
  • About
  • Contact
  • Shop

Copyright © Snobette - Privacy Policy

Asset 1
Asset 1
Asset 1
  • About
  • Contact
  • Privacy Policy
  • Fashion
  • Sneakers
  • Bags
  • Accessories
  • Music
  • Rihanna