Through this partnership, LVMH Group aims to help as many people as possible understand the challenges of biodiversity.
SBM Group was founded on April 2nd, 1863, under a sovereign decree issued by Prince Charles III of Monaco. The SBM Group owns and operates the Monte Carlo Casino, the Opéra de Monte-Carlo, and the Hôtel de Paris in Monte Carlo. In 2015, LVMH Group acquired a 5% stake in SBM.
Soil protection is one of the major pillars of Moët Hennessy’s sustainable commitments.
Nuti Ivo Group has a long-standing tradition in the manufacturing field, specializing in leather products since its establishment in 1955. It has emerged as one of the most prominent leaders in the international leather industry.
For many investors, the luxury goods industry still holds appeal, but the sector is currently trading at historically high premiums compared to the overall market.
Jean-Jacques Guiony said that fashion leather dividend should benefit from a strong push from Mainland China in 2023.
Arnault has stated that the group will participate in the 6th China International Import Expo, which will be held in Shanghai from November 5th to 10th.
As the pandemic restrictions are lifted, consumer demand in the Chinese market is starting to recover. LVMH has stated that it expects the Chinese market to drive growth in 2023.
Jean Arnault, the 24-year-old son of Bernard Arnault, the head of LVMH Group, is leading the relaunch of Gérald Genta brand as the Head of Watch Marketing and Product Development at Louis Vuitton.
Vendorafa, founded in 1951 in Valenza, Italy, is a subsidiary of Lombardi Srl, which is majority-owned by the watch and jewelry division of the luxury conglomerate LVMH Group.