LVMH Beauty Growth Concentrated in Asia, Travel Retail
LVMH noted negative traffic in Q1 at Sephora U.S., as positive comps were driven by higher conversion, not traffic.
LVMH noted negative traffic in Q1 at Sephora U.S., as positive comps were driven by higher conversion, not traffic.
Some of the biggest brands in beauty are busy getting the word out on their launches. Here, the buzz on an in-shower hair sleekening treatment; calming and energizing face mists and an astrologically-inspired lip balm.
Beauty accelerators are moving innovation into the fast lane, enabling startups to do more, faster, to help bring their products and services to market, and scale their businesses, at unprecedented speed.
The LVMH-owned retailer opened its first “connected” store concept in Paris, its fourth in France, offering a digitally-enabled experience with many new in-store services.
According to a report on Reuters, French luxury goods company LVMH has agreed to buy a majority stake in French independent perfume house Maison Francis Kurkdjian.
Lucia (Lucy) Perdomo-Ruehlemann, Chief Marketing Officer at Fresh/LVMH, believes that being present, building heart share (in addition to market share) and leading by example has helped catapult her career. Learn more about Lucy’s successes—and how CEW has played a role in them—in this interview for CEW’s beauty news and information site, Beauty Insider.
Ole Henriksen, the skin care brand owned by LVMH, readies for its biggest launch in recent history.
The goal of this year’s Capstone was to benchmark the program’s prior research on the luxury sector and include original quantitative research, conducted in partnership with Boston Consulting Group.
Cyndi Pierre, Ecommerce Manager, Parfums Givenchy/Kenzo Parfums, joined LVMH Fragrance Brands a year and a half ago with her priority being to revamp the brand’s beauty site in time for Holiday 2013. Cyndi, who prior to LVMH worked at Buddy Media as a project manager setting up social media programs for NARS and Juicy Couture, talked with Beauty Insider about the new site and what’s ahead for Givenchy Beauty.
Monday evening brought together key leaders from LVMH’s beauty executive team and the ensuing conversation was rich in knowledge regarding the Dior, Guerlain, Givenchy and Fresh beauty brands. Here, several points that emerged during the CEW panel “LVMH: Defining The Luxury Landscape.”
In today’s competitive luxury beauty landscape, LVHM has remained a major global player in beauty with a strong portfolio of premier and iconic brands. CEW’s Women & Men in Beauty Series LVMH: Defining The Luxury Landscape is offering a unique opportunity to go behind the brands of this global powerhouse with a dynamic new seminar featuring three of its top executives.