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LVMH shares rise after mixed bag results with 'glimmers of hope'
LVMH shares rise after mixed bag results with 'glimmers of hope'

Fashion Network

timean hour ago

  • Business
  • Fashion Network

LVMH shares rise after mixed bag results with 'glimmers of hope'

Shares in French luxury group LVMH rose on Friday after the group reported quarterly results, with analysts pointing to hopes on the horizon as the group said it saw some signs of recovery in the key Chinese market. LVMH's quarterly sales for products like Louis Vuitton handbags, Dior dresses and Moet & Chandon champagne came in slightly below expectations, at 19.5 billion euros (22.88 billion dollars), down 4% year-on-year, with a 9% sales drop at the group's core leather and fashion division. After an initial dip at market open as investors grappled to get a reading of what Citi analysts called a "mixed bag" of results, LVMH shares steadily reversed course, trading 3.5% up midday and lifting sector peers Kering and Hermes. HSBC analysts said in a note that higher-than-expected profit margins were a sign the group has become more pragmatic and efficient under the leadership of CFO Cecile Cabanis, who was appointed at the end of 2024. Deutsche Bank analyst Adam Cochrane said that while the second-quarter results were not "stellar", there were some "glimmers of hope". "Investors have been waiting for an opportunity to revisit this stock and the conference call highlighted a number of factors which may encourage a tangible recovery in China, market share gains in key brands and potential for structural efficiencies as well as ongoing tight cost management", he wrote in a note. LVMH's finance chief on Thursday said the company saw some "tangible improvement" In China, where a real estate crisis has dampened appetite for luxury goods. French luxury heavyweights have been facing a prolonged downturn as brands also face the threat of U.S. import tariffs.

This Summer, The World's Top Fashion Houses Are Homing In On Luxury Hotels
This Summer, The World's Top Fashion Houses Are Homing In On Luxury Hotels

Forbes

time3 hours ago

  • Entertainment
  • Forbes

This Summer, The World's Top Fashion Houses Are Homing In On Luxury Hotels

Dolce & Gabbana are bringing a new creativity to the swimming pool at the San Domenica Palace in Sicily Four Seasons Hotels From cities to coast and countryside, the world's most famous fashion houses are increasingly connecting with their clientele through collaborations at the world's top hotels, with Dior, Burberry, Dolce & Gabbana and the Missoni fashion groups all leaving the catwalk for poolside and beyond this summer. Il Bacaro Dior has dreamy views of the St Mark's Lagoon in Venice - and Dior furnishings Belmond In Sicily, San Domenico Palace, A Four Seasons Hotel, has renewed its collaboration with Dolce & Gabbana. This year the hotel showcases the fashion house's distinctive blue and white 'Blu Mediterraneo', which celebrates the majolica craftsmanship of southern Italy, with products including umbrellas, towels, cushions, pillows, cabanas, trays, and coasters. A dedicated Dolce & Gabbana pop-up boutique operates within the hotel throughout the summer season, accessible through the brand's official retail network. The Dolce & Gabbana boutique at the San Domenico Palace in Taormina. Four Seasons Also in Italy, the Hotel Cipriani in Venice which one of Belmond's beautifully nuanced hotels, has seen the Dioriviera arrive at a special pop-up in the hotel, which features a dedicated beach collection not available elsewhere. And in one of Venice's very best viewpoints, overlooking Venice's lagoon towards St Mark's Square, is a new bar, Il Bacaro Dior, with 1950s-style bamboo furniture in Dior's famous toile de Jouy. The Dioriviera boutique at the Hotel Cipriani in Venice. Belmond According to Christian Dior, 'living in a house which does not suit you is like wearing someone else's clothes'. Even with the opening of his first boutique, the couturier conceived a space that also sold accessories and gifts for the home. At the Lowell Hotel in New York's Upper East Side, the Majorelle restaurant is showcasing Dior Maison Lily of the Valley tableware and a special tea with culinary nods to Dior's favourite colours and flavours. The Dior tea this summer at the Lowell Hotel on New York's Upper East Side. The Lowell In Somerset, Burberry has a playful collaboration with the Newt hotel. The collaboration, which launched at the RHS Chelsea Flower Show will continue until the 18th of August, celebrates the best of British craftsmanship and style, and pays homage to Burberry's deep-rooted history of finding inspiration in the outdoors Guests can expect Burberry's world-famous check pattern woven into the fabric of the estate, including branded Burberry parasols and golf buggies but also mown into its croquet and badminton lawns. This summer the British Newt resort has Burberry stripes in its croquet lawn. The Newt In the principality of Monaco, the French fashion house Jacquemus has brought its signature aesthetic, think banana yellow, coconut milk white, and classic black stripes, to the Monte-Carlo Beach Club, infusing the iconic pier and Pool Café with a breath of Mediterranean glamour. Aurélie Bidermann's collaboration with Lily of the Valley hotel in the South of France encompasses jewellery as well as beach accessories. Pema Barke Just down the coast at La Croix-Valmer, acclaimed Paris-based jewellery designer Aurélie Bidermann and the Lily of the Valley hotel have combined to produce a collection of bangles, shell-like charms and other items alongside beachside staples: caps, towels, totes and keyrings, all echoing this much-loved hotel. The Italian fashion house Missoni has taken over the pool and beach area of the Cali Mykonos hotel in Greece. Cali Mykonos On Greece's most fashionable island, the Cali Mykonos has debuted the Missoni Resort Club with custom-designed daybeds and beach accessories, along with exclusive Missoni-branded towels. The design includes daybeds adorned with Missoni's signature graphic stripes in a spectrum of blues. The property's private beach has umbrellas, headrests and poofs all showcasing the now recognisable design. Guests will also enjoy Missoni-branded towels and exclusive tote bags, available for purchase at the resort boutique. On Ibiza, Missoni's collaboration with the OKU has transformed the hotel's striking 50-metre swimming pool. And back in Venice, the J Marriott Venice resort on the private Isola delle Rosa has and a Missoni glow-up with pool amenities and furnishing and a pop-up boutique, all of which is in place until September 15.

LVMH Sales Slide as China and Japan Luxury Demand Slows, Trump Clashes With Powell
LVMH Sales Slide as China and Japan Luxury Demand Slows, Trump Clashes With Powell

Bloomberg

time5 hours ago

  • Business
  • Bloomberg

LVMH Sales Slide as China and Japan Luxury Demand Slows, Trump Clashes With Powell

LVMH sales fell as shoppers reined in purchases of costly Louis Vuitton bags and Dior jackets, a sign the luxury titan remains stuck in its post-pandemic slump. Revenue at the French group's fashion and leather goods division, its largest unit, dropped 9% on an organic basis in the second quarter, LVMH Moët Hennessy Louis Vuitton SE said in a statement Thursday. That was worse than analysts' estimates for a 7.8% drop. Elsewhere, Donald Trump downplayed his clash with Federal Reserve Chairman Jerome Powell over cost overruns during a tour of the central bank's renovation project on Thursday, making it clear that he saw the issue of lower interest rates as a more pressing concern. Today's guests, Angel Ubide, Citadel Global Fixed Income & Macro Economic Research Head, Clemens Fuest, IFO Institute President, Elad Walach, Aidco CEO, Erwan Rambourg, HSBC Consumer & Retail Equity Research Global Head (Source: Bloomberg)

Our 32 All-Time Favourite Carrie Bradshaw Looks From Sex And The City
Our 32 All-Time Favourite Carrie Bradshaw Looks From Sex And The City

Refinery29

time11 hours ago

  • Entertainment
  • Refinery29

Our 32 All-Time Favourite Carrie Bradshaw Looks From Sex And The City

More than 27 years since Sex And The City first graced our screens, Carrie Bradshaw remains one of my favourite It Girl style icons. It says a lot about the show and its cultural significance that so many years later, it remains a go-to series for comfort and inspiration. One of my favourite past times is poring over the fashion — because as much as the show was about love, sex and friends, so much of it was about style. Although the benefit of hindsight has allowed us to recognise Carrie Bradshaw 's myriad flaws, and has allowed us to question the show's glorification of wealthy, white, middle-class, stick-thin women — the fashion statements remain eternal. (And, for the record, Samantha Jones, we adore you and always will.) Bradshaw's style and wardrobe were exceptional, and often so timeless that we'd absolutely wear many of her outfits today. This, of course, is thanks to the show's main costume designer and stylist, Patricia Field. Sourcing an eclectic yet cohesive wardrobe for Bradshaw, with the ideal mix of designer and secondhand, Field showed us just the importance of a personal sense of style, instead of blindly following the traditional rules of fashion. Ahead, we've collated a list of our 32 all-time favourite Carrie Bradshaw looks (which was not an easy feat given all the years the show aired). Let's treat ourselves to a bit of nostalgia, and maybe even outfit inspiration. Starting off strong, the pink tank and white tutu (which Patricia Field actually found in a clearance bin) was the intro outfit that never, ever got old. The LBD (or technically charcoal grey; we've never been totally sure) to rule them all. All I've ever wanted in my wardrobe is a tank dress that looks as chic as this. This floral Dolce & Gabbana maxi dress didn't make it to the runway that episode, but was firmly solidified in all of our hearts. The Vivienne Westwood pinstripe suit was tailored to perfection for Carrie's visit to Vogue. Ms Bradshaw would never don a traditional suit. But Westwood's punk edge allows Carrie to bring her own flair to the office. All that's missing? Those Manolo Blahnik Mary Janes. Affectionately known as Carrie's Revenge Dress, this white bias cut slip by Dior is one of her most timeless and iconic looks. The pink snakeskin boots were on a whole other level of bold fashion, and they worked a treat with her infamous coat (though of course, we don't condone fur). It may have been a heartbreaking moment in SATC history when Carrie wore this look, but the red cowboy hat, snakeskin boob tube and red striped skirt were incredible. A slightly controversial pick perhaps, but I really love this slightly frazzled look, with the woollen knit romper and trench coat. It's giving Miu Miu in the late 90s meets Bridget Jones. The John Galliano for Christian Dior newspaper dress, which Carrie wore again in the And Just Like That reboot, has become one of the rarest and most coveted garments in the fashion world. And there's no debate about why. Carrie's wedding guest dress and ballet flats make for one of the most gorgeous and ethereal formal looks I've ever seen (though clouded by the designer Donna Karan's fall from grace for her comments about the #MeToo movement). And Miranda, I see you too in that chic sheer-sleeved black midi. The Richard Tyler summer dress to end all summer dresses! I only wish it got more screen time before Carrie and the dress got drenched. This low-cut tasselled sequin number is just so special and gorgeous — it belongs in a museum. This formal grey slip dress is the epitome of sexy 90s formal wear, and I will never get over it. One might not think a simple navy dress like this screams 'Carrie Bradshaw'. But one must always look at the details... For instance, Carrie loves dressing to a theme. So, of course she's going to wear a blue dress with a representative spin on a naval collar to a boat party. Paired with statement gold accessories and a graphic print bag? That's our Carrie. Carrie may have been checking out at the venue for her first book launch, but I was looking at her outfit, which is fun yet elegant with the contrasting stripes and florals that only she could pull off. So simple yet so unbelievably cool, Carrie's pink sequin skirt paired with a simple white shoestring tank is everything. Carrie went through a little "bum bag on the hip" era for a while there, and I was so for it. Especially this Gucci bum bag paired with a top-to-bottom '50s-by-way-of-'80s Prada fit. Just when you thought I'd forgotten the naked dress! I could never. It's still one of my personal life missions to find a dress like this. Of course, Carrie brought elegance to her outfit even at an S/M restaurant opening. There's no rest for the stylish. This simple yet sexy snake print dress is exactly how Carrie approached club nights, in the early days. While a lot of her looks are busy and full-on, there were those moments when she knew simplicity was best. During those special L.A. episodes, Carrie wore this sparkly sheer caftan over her bikini and it was a real poolside showstopper. Perfecting a simplicity yet again on her reunion double date with Aidan, Carrie went for this pared-back casual look where her accessories — the famous Gucci bum bag and a gorgeous diamond necklace — really brought the outfit together to make something special and chic. The Roberto Cavalli top that she almost threw away — and thank god she didn't! It may have looked odd when she pulled it out of the depths of her wardrobe during a clearout, but when she put it on and paired it with a simple white dress, it really proved its value. I may not have been a fan of Aleksandr Petrovsky, but I am grateful that he gifted Carrie this incredible pink Oscar de la Renta dress right out of the pages of Vogue, just so we could witness it. This SS96 Jean-Paul Gaultier dress may not have belonged at the stiff Upper East Side party she wore it to, but it was obviously the best look of the whole night. Carrie was nailing kitsch florals and big belts before the rest of us, championing the way forward for this perfect summery weekend look. Let's take a moment to honour this truly iconic that bustled Vivienne Westwood skirt. It's giving sexy rabbit tail, and, somehow, it works. Carrie getting caught in the rain in this bold, rainbow look was a New York fashion moment to remember. Back with another great tulle moment, this is a classic Carrie nighttime look. Classy with a bit of eccentricity thrown in. Quirky, bold and colourful — just like Carrie.

Diorshow spotlights the eyes with a collection that exude an electrifying, powerful allure
Diorshow spotlights the eyes with a collection that exude an electrifying, powerful allure

Nylon

time13 hours ago

  • Entertainment
  • Nylon

Diorshow spotlights the eyes with a collection that exude an electrifying, powerful allure

Always longed for eyes that steal the spotlight? The new Diorshow collection provides an entire wardrobe for the eyes, including the Diorshow Overvolume, a ready-to-wear formula that loads instantly and coats lashes in a deep black shade with a satin-matte finish using the high-performance brush. Image courtesy of Dior. Image courtesy of Dior. This new mascara successfully combines extreme volume and lash-by-lash definition, using a combination of soft waxes and emollients to create a malleable formula for buildable volume and curve from root to tip, that keeps lashes supple. Its formula includes D-Panthenol to help revitalise, coat and strengthen eyelashes, Abyssinian Oil to nourish the eyelashes, and cornflower water to comfort the application. Image courtesy of Dior. Featuring a deep black lashes and 24-hours no-transfer wear, the combination of structural and rigid waxes coat eyelashes to set curve and volume over time, gripping the lash while optimising curve and length. The brush houses a central reservoir that collects the mascara to deliver the right dose from the first sweep without clumping, and the bristles at the tip provide additional precision during makeup application. Image courtesy of Dior. Image courtesy of Dior. Creative and Image Director for Dior Makeup Peter Philips reinterprets the Diorshow 5 Couleurs palettes in four limited-edition colour harmonies to embellish and redefine the eyes. Soft yet highly pigmented variations across neutral shades gives you the ability to play with satin, matte or shimmering shades to easily create a bespoke eye look. Image courtesy of Dior. These colour harmonies include Silk Taupe with its blending beige tones interspersed with a hint of pale pink and a cool brown; Coral Couture with its soft, warm tones heightened by a hint of luminous coral; Rose Organza with its hot pinks combined with a subtle iridescent white; and Brown Cashmere with its nudes in warm brown shades offset by a dark brown. A must-have for makeup routines, the Diorshow Liquid Liner returns in a new formula with a new shimmer finish. Its waterproof formula incorporates an ink that emphasises the eyes with intense colour in the satin and pearl finishes, and a light veil of colour in the shimmer finish, for a 24-hours no-transfer result. Together with the fine and flexible high-precision felt tip, you'll be able to precisely draw fine or bold lines with no fuss. Image courtesy of Dior. In order to create looks that range from natural to bold, Peter Philips has created a wardrobe of 10 shades in three couture finishes: satin, pearl and shimmer, a new glitter finish. Two shades to look out for are the Shimmer Rose & Shimmer Mint which contain a subtle, light colour base that reveals radiant iridescence, and can be applied along the lower lash line or toward the inner corner of the eye to naturally catch the light in these areas to brighten the eyes.

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