M Science’s Post

I'm delighted to announce my coverage launch of LVMH (MC.FP) as a part of the continued expansion of our Luxury & Fashion product suite under our Consumer Products umbrella. This LVMH initiation represents the culmination of almost two years of work, wedding data insights and analyses we've developed successively across my growing Consumer Products coverage. This broad-based global data mosaic ultimately enables us to track the performance of the consortium of maisons that comprise LVMH, like Louis Vuitton, Tiffany, and Sephora. For more details, see below:

I am thrilled to announce the completion of my Inside LVMH course, an incredible journey that has deepened my understanding of the luxury industry. It has been a privilege to learn from industry experts like Thierry Wasser and other experts who generously shared their insights and experiences. Thierry Wasser, Guerlain's chief perfumer, highlighted the importance of human connections and creativity in crafting exceptional fragrances. His approach to designing "La Petite Robe Noire," inspired by the "little black dress," involved carefully choosing ingredients like black cherry and licorice to embody the essence of "black." His passion for innovation and storytelling was truly inspiring. Through this course, I gained invaluable knowledge about creation & branding, as well as retail & customer experience. Exploring how innovation meets tradition in this dynamic industry has been both inspiring and transformative. A heartfelt thank you to LVMH for providing such an enriching platform for learning and growth. For anyone passionate about luxury and eager to delve deeper into its intricacies, I wholeheartedly recommend the Inside LVMH course. It is an opportunity not just to learn but to be inspired by the best in the business. #InsideLVMH #LuxuryManagement #LuxuryIndustry #Branding #Sustainability #CustomerExperience #Innovation #Omnichannel #SupplyChain #LearningJourney #ProfessionalGrowth #CreativityInLuxury #FutureOfLuxury #PassionForLuxury #Craftsmanship

LVMH Sales Grow 3% as Luxury Boom Stalls. Luxury conglomerate LVMH reported first-quarter sales up 3 percent on an organic basis, confirming fears that luxury demand would continue to sputter as slowing economic growth, high inflation, renewed demand for travel and experiences and customer fatigue with logo-heavy merchandise all take a toll on the sector. Brands and Categories The group’s key fashion and leather goods division grew 2 percent on an organic basis. Watches and jewellery sales fell 2 percent, less than one year after the reopening of Tiffany & Co’s “Landmark” flagship in New York. Wine and spirits was the worst-performing division, with sales falling 12 percent, while the group’s Selective Retailing unit offered the brightest spot: “Remarkable growth” at cosmetics chain Sephora drove the division up 11 percent even as duty-free retailer DFS continued to struggle, LVMH said. Perfume and cosmetics sales grew 7 percent. We see a turnaround in the global fashion market, as inflation continues to cool. #lvmh #dior #sephora #cosmetics #perfume #wine #spirits #fashionbusiness #luxuryfashion #luxuryproducts #fashion

Just finished watching LVMH Q1 2024 Revenue presentation. Answering the question about e-commerce Jean-Jacques Guiony, group’s chief financial officer, mentioned that although online sales of Fashion & Leather goods divisions showed less growth, that was due to that LVMH have a healthy physical store channel. He also told, that it mostly has a function of showing the availability in store, so they don’t put a lot of stock online focusing on in-store sales. May I disagree that the main reason is connected to physical stores? That applies not only to CELINE 👀 #ecommerce #LuxuryFashion #luxury #LVMH #celine

From the catwalks of Paris Fashion Week to the exec suites at LVMH and Kering, the fashion world is at an inflection point. As The Business of Fashion’s Imran Amed explains on the new Rapid Response, the wobbles extend from CHANEL to Dior to platforms FARFETCH and MATCHES and NET-A-PORTER, to H&M and Zara. What’s to be done? While ultra-fast players SHEIN and Temu have been disruptors, the true culprit is “corporatisation,” Imran says. That is restraining creativity in product, business models, and customer engagement. The solution is a more balanced power mix between creatives and analytics. The big lesson: how all of us, whatever our business, need to be more multidisciplinary, bridging expertise and perspective in new ways as change swirls. When creativity and business are aligned, that’s when magic happens. https://lnkd.in/enzm9UCe Fast Company Laurent CLAQUIN Robert L. Triefus Susan Chokachi Mauro Porcini Masters of Scale Angela Ahrendts Patrice Louvet Karlie Kloss Dara Treseder Louis Vuitton

The Brand Positioning Divide: Revenue vs. Number of Stores in Fashion & Luxury In the fashion and luxury industry, there’s a clear divide between high-end luxury brands and more accessible ones when it comes to store count and revenue. High-end brands such as Dior, Chanel, and Hermes show a steep, exponential growth curve, with revenue increasing dramatically as the number of stores expands. In contrast, more accessible brands like Uniqlo, Tommy Hilfiger, and Calvin Klein exhibit a more linear growth, where the relationship between store count and revenue is less steep. By analyzing data from over 100 fashion and luxury brands, our blogpost uncovers how brand positioning influences store strategy and sales performance. High-end luxury brands tend to maintain a more selective approach to store expansion, while accessible brands often focus on higher store volume to drive revenue. This insight reveals how different market segments approach growth and highlights key strategies for both brands and investors to consider. Dive deeper into these insights and explore how brands are shaping their strategies in the full analysis on our company blog https://lnkd.in/eGW5r7KY #LuxuryBrands #FashionIndustry #BrandStrategy #RetailAnalysis #RevenueGrowth #FashionInsights #fashion #jewelry

Despite strong equity markets in the US, demand for luxury goods isn't accelerating. LVMH sales were flat in the US in the third quarter, Kering retail sales were down 15 per cent in the region and Moncler brand sales were down 6 per cent in the Americas. (Hermès and Prada Group outperformed with sales were up 13.4 per cent and 10 per cent respectively.) “That’s probably linked to a bit of a wait-and-see attitude. The strength of the American consumer is to write the next chapter. Possibly the day after the election, people move on and start to spend again ahead of the all-important holiday season," says HSBC's Erwan Rambourg. My story on luxury's third quarters earnings in Vogue Business: https://lnkd.in/efeh78XF

The Global Luxury Bag market size is USD 23514.2 million in 2024 and will expand at a CAGR of 8.80% from 2024 to 2031. Read the Full Report: https://lnkd.in/dBmthiNJ   Key Players of the Luxury Bag Market : FURLA, Ganni A/S, Giorgio Armani, Loeffler Randall, LVMH, Louis Vuitton , Macy's, Maus Frères SA, Michael Kors, Tapestry, PVH Corp., and Others Delivery Includes:- Market Timeline 2019 till 2031, Market Size, Revenue/Volume Share, Forecast and CAGR, Competitor Analysis, Regional Analysis, Country Analysis, Segment Analysis, Market Trends, Drivers, Opportunities, Restraints, ESG Analysis, Porters Analysis, PESTEL Analysis, Market Attractiveness, Patent Analysis, Technological Trend, SWOT Analysis, COVID-19 Analysis, Consumer Behavior Analysis, etc.    #CompetitiveInsights #Research #MarketingConsultants #MarketReports #DataAnalytics #BusinessConsultant #ConsultingServices #MarketInsights #BusinessIntelligence #MarketTrend #LuxuryBag #LuxuryBagMarket

Walmart vs. Luxury, the revenge of retail: Luxury shares and LVMH in particular, plunged after sales of "fashion and leather goods" fell for the first time since the pandemic, revealing the scale of the slump in high-end demand from once insatiable Chinese consumers. Organic revenue at the key unit whose brands include Louis Vuitton and Christian Dior declined 5% in the third quarter, when analysts had expected a small gain. That was the worst quarterly performance since the second quarter of 2020 when the world went into lockdown. The stock is down 21% year-to-date. Luxury rivals Richemont, Kering, Hermes and Moncler also fell on the news.  “Most of our markets currently face economic challenges including mainland China,” LVMH Chief Financial Officer Jean-Jacques Guiony said during the quarterly presentation, adding that “consumer confidence in mainland China today is back in line with the all-time low reached during Covid.” Q3 Org Revs -3% vs EST +0.93%. Fashion & Leather -5% vs EST +0.48%. Wines & Spirits -7% vs EST -2.4%. LVMH ADR -8%.

Retail’s Big Show day 1 was full of lessons on strategy for retail, fashion, and luxury brands. In this special daily coverage of retail’s big event, we examine interesting strategy insights from the first day of the National Retail Federation Big Show conference in New York City. We hone in on two sessions: - Burberry CEO Joshua Schulman spoke with Pete Nordstrom of Nordstrom in a candid chat about the British luxury brand’s “Burberry Forward” turnaround strategy - Elizabeth Preis, CMO of Anthropologie, and Giovanni Zaccariello, Head of Visual Merchandising for Coach, chatted with moderator Melissa Gonzalez of MG2 about how to connect mindshare and wallet share through content and experiences. FULL ANALYSIS: https://lnkd.in/ePScts8u #retail #retailstrategy #fashion #luxury #strategy #fashionmarketing #marketing #contentstrategy #contentmarketing