All LVMH articles
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News briefs
LVMH’s Pucci eyewear license stays with Marcolin
Marcolin has announced the renewal of its exclusive eyewear license agreement with Pucci, a brand of LVMH Group’s portfolio, for the design, manufacturing and global distribution of the brand’s sunglasses and optical frames. The relationship between Pucci and Marcolin started in 2015 and the license has been renewed until Dec. ...
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ArticleThélios opens portfolio to proprietary brands with Vuarnet acquisition
Thélios, the eyewear company of French luxury group LVMH, has announced its acquisition of Vuarnet from NEO Investment Partners, the U.K.-based investment fund that owned the brand since 2013. This marks the first brand acquisition by Thélios whose portfolio included exclusively fashion brands from its parent company until now. Thélios ...
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ArticleEU publishes alarming counterfeiting survey, ramps up IP platform
The European Union Intellectual Property Office (EUIPO), the European office in charge of intellectual property (IP) and anti-counterfeiting, has announced that it is preparing the launch of a new open-source and blockchain-based platform which is aimed at ensuring product authenticity through information sharing at every step of the supply chain. ...
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News briefsThélios updates visual identity with LVMH baseline
Thélios has unveiled its new corporate visual identity during its convention in Rome where the company presented the new Fall 2023 eyewear collections of its Dior, Fendi, Celine, Loewe, Givenchy, Stella McCartney, Kenzo and Fred brands. The main change consists of the addition of the ”LVMH Eyewear Excellence” baseline to ...
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News briefs
LVMH brings Bulgari eyewear license home
Thélios, the eyewear division of LVMH, has announced the signature of a new eyewear license with Bulgari, also an entity of the French luxury group. The agreement will start on January next year and includes the design, production and distribution of Bulgari-branded eyewear. The announcement was widely expected following the ...
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News briefs
Essilux-Bulgari eyewear license to expire at the end of the year
Italian news agency Ansa and other media in the country report that the eyewear license between Bulgari, a brand of the LVMH group, and EssilorLuxottica will not be extended when it expires at the end of this year. It seems very likely that Thélios, the eyewear division of LVMH, will ...
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News briefsPublic gets a look at Thélios and other LVMH brands
Thélios was among the many LVMH brands – from perfumeries Dior and Guerlain to watchmaker Tag Hauer and spirits specialist Hennessy – to open its doors to the public for the so-called “Journées Particulières” on Oct. 14-16. Some 600 visitors got a peek at the Thélios eyewear factory in Longarone, ...
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News briefs
Mykita appoints new CEO
Mykita has announced the appointment of Jacques Mantz as CEO and chairman of the executive committee, with immediate effect. A senior executive with financial expertise, Mantz spent over 20 years at French luxury group LVMH as chief financial officer or chief of operations of several of the group’s divisions. ...
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News briefs
LVMH fashion & leather goods unit up 31% in H1
Revenues of LVMH’s fashion and leather goods’ division jumped by 31 percent year-on-year to €18.2 billion for the first half of 2022. On an organic basis, sales were up by 24 percent. Louis Vuitton, Christian Dior, Fendi, Celine, Loro Piana and Loewe were said to perform particularly well. The group ...
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News briefs
Bernard Arnault to reinforce control over LVMH parent company
The French businessman Bernard Arnault plans to transform Financière Agache, a family holding company which controls the French luxury goods conglomerate LVMH, into a limited partnership. The move will enable the businessman and his five children to maintain control over the group, including Thélios. LVMH took full control of the ...
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News briefs
Thélios acquires metal working specialist
Thélios has announced the acquisition of Metallart, a company specialized in artisanal metal working, such as shearing and coining, for the eyewear industry. Founded in 1976, the company is based near the LVMH eyewear subsidiary’s factory in Longarone, Italy. Thélios said that the acquisition enabled it to bring in-house specific ...
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ArticleMarcolin builds on 2021 momentum in Q1
After bouncing back from the Covid-19 pandemic in 2021, the Marcolin Group built on its recovery in the first quarter of 2022, with sales posting a 19.5 percent year-on-year gain to reach €129.8 million and rising 15.3 percent at constant currency rates. Sales in financial year 2021, for which results ...
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News briefs
Biometric privacy class action against LVMH in the U.S.
Bloomberg reports that LVMH’s U.S. subsidiary is being accused of illegally collecting biometric data from online shoppers through its eyewear virtual try-on tool. A proposed class action was filed in New York earlier this month with the plaintiffs arguing that the biometric data was being collected and stored on an ...
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News briefsThélios has a new CEO
LVMH has hired Alessandro Zanardo as CEO of Thélios. Zanardo has spent the past 11 years at Luxottica, serving, in reverse chronology, as general manager of Luxottica Brazil, country manager of Luxottica South Africa, director of business development for Luxottica Russia, and business planner for wholesale global channels and emerging ...
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ArticleLVMH takes full control of Thélios
LVMH and Marcolin have announced in a short common statement last Friday the end of their joint venture partnership in Thélios, with the French luxury group purchasing the 49 percent share of Marcolin in the company. No financial details were disclosed. LVMH, which becomes the sole owner of Thélios, said ...
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News briefs
Thélios and Givenchy announce license partnership
Thélios, the joint venture between LVMH and Marcolin, and the French fashion brand Givenchy have announced a multi-year global license agreement for the design, production and distribution of Givenchy Eyewear, starting Jan. 1, 2022. The eyewear collections will be designed in collaboration with Matthew M. Williams, Givenchy’s creative director, and ...
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ArticleLuxottica facing €125m penalty from French competition watchdog
L’Autorité de la concurrence , the French market competition regulator, sanctioned Luxottica yesterday with a €125 million penalty for anti-competitive behaviors in France between 2005 and 2014. EssilorLuxottica immediately announced that it would appeal the decision, highlighting that the group had always conducted its business according to the ...
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News briefsThélios releases its first FENDI collection
FENDI, the Italian luxury brand, and Thélios, the joint venture between LVMH and Marcolin, have signed an exclusive license for the design, production and distribution of Fendi-branded eyewear. The first release under this collaboration is the Fall/Winter 2021 collection of sunglasses and eyeglasses, which will be available in FENDI stores ...
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News briefs
Guerra reportedly joins Thelios’ executive board
According to a report by Milano Finanza , Andrea Guerra , former CEO of the Luxottica group, has been appointed to the executive board of directors of Thelios , the joint venture between LVMH and Marcolin . Guerra is currently CEO of LVMH Hospitality Excellence , the luxury ...
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ArticleGentle Monster mixes eyewear with cosmetics, cakes and artworks in new retail format
Gentle Monster , the South-Korean brand of luxury eyewear which is famous for the unusual design of its stores that integrate large contemporary artworks and futuristic robots, unveiled at the end of last month its new multi-brand retail format in the Gangnam district of Seoul in the ...
