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FOUND: 4 | Mind Blowing Facts

Burberry may cut 1,700 jobs globally to reduce costs as profits fall

Struggling fashion brand to remove night shift at raincoat factory in Yorkshire, affecting about 170 posts

The Guardian - UK

LVMH's U.S. CEO is glad 'annoying' quiet luxury term has died

Anish Melwani, US CEO for LVMH, which owns Dior, Fendi, and Tiffany, is glad "quiet luxury" is over.

Fortune

Stella McCartney 'set to give up her flagship Bond Street store as losses mount'

Latest accounts filed by the company show annual losses of £25 million

Evening Standard

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CFO of Europe’s most valuable company hopes trade war is a ‘wake-up call’ for the continent

SAP’s finance chief, Dominik Asam, hopes tariffs are a “wake-up call” that can kick-start Europe into building more tech giants.

Fortune

Europe’s richest man Bernard Arnault slammed the EU for failing U.S. negotiations—but von der Leyen says countries are 'lining up to work with us'

"It will be Brussels' fault" if LVMH produces more of its high-end goods in the U.S., Arnault warned.

Fortune

Show goes on for Ralph Lauren as fashion reels from Trump tariffs

With the sector bracing itself for a global trade war, investors may find comfort in a trusted pair of hands

The Guardian - UK

LVMH CEO criticises Brussels bureaucrats as US-EU tensions simmer

French businessman Bernard Arnault warned trade tensions with the US would wreak havoc on European businesses — criticising Brussels' negotiation skills.

Euronews

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How Trump’s tariffs are dampening hopes of a luxury sector revival

The global luxury sector, which has been facing slowing demand and an eroding customer base in the last several months, could be further hit by the escalating trade war between China and the US.

Euronews

N.Ireland Designer Jonathan Anderson Takes Helm At Dior Men

French fashion giant Dior named the highly-rated designer Jonathan Anderson as creative director of Dior Men on Thursday.

International Business Times

Jonathan Anderson is going to Dior Men

His debut collection will be this June

Marie Claire

LVMH says Sephora sales are slowing down in the U.S. because Amazon is 'very aggressive' in lowering prices 'and we try to avoid this technique'

Market uncertainty has also been having "some impact" on LVMH's beauty sales in recent weeks.

Fortune

Hermès leapfrogs LVMH to become Europe's most valuable luxury company after the Louis Vuitton owner reported downbeat results

“Some people want to do a bit like Hermès, but it doesn’t work out at the end of the day,” Hermès executive chair Axel Dumas said in February.

Fortune

LVMH Sales Dip As Trump Tariffs Dent Luxury Tastes

Luxury giant LVMH saw sales fall two percent to 20.3 billion euros ($23 billion) in the first quarter of 2025 as US President Donald Trump's tariffs shook the global economy, the company said on Monday.

International Business Times

LVMH sales slip 3% as luxury shoppers come face-to-face with tariff uncertainty

LVMH CFO Cécile Cabanis said, “Aspirational clientele is always more vulnerable in less positive economic cycles.”

Fortune

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The Fashion Central

Liam Payne’s Dad Gets Surprising Update Months After Singer’s Tragic Death

International Business Times

Italy's Prada Agrees To Buy Rival Versace For 1.25 Bn Euros

Italian fashion house Prada announced Thursday it had reached a deal with US group Capri Holdings to buy its flashy rival Versace for 1.25 billion euros ($1.38 billion).

The Fashion Central

LVMH Makes Major Moves with New CEO Appointments for Kenzo and Fendi

The Guardian - UK

It could set the industry back 50 years: fashion braces for impact of Trump tariffs

From farmers to designers, the entire supply chain will be hit – but it is unclear what duties apply to a finished product

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Fortune

Europe’s luxury players face a path-defining twist with Trump’s tariffs. But only a handful of them will suffer the worst impact

Luxury companies face harsh short- and medium-term impacts from the new tariffs, analysts warn.

Fortune

LVMH heir Alexandre Arnault will join the board of top-end ski wear brand Moncler after the French giant struck a deal with its CEO

LVMH bought a 10% minority stake in Double R, Moncler’s largest shareholder and the vehicle owned by its CEO Remo Ruffini, six months ago.

The Independent UK

Jack McCollough and Lazaro Hernandez named creative directors at Loewe

Jack McCollough and Lazaro Hernandez, the celebrated design duo behind Proenza Schouler, will take over as creative directors at Loewe

Evening Standard

Who are the designers beloved by Sienna Miller taking over Loewe? Meet Jack McCollough and Lazaro Hernandez

The couple behind New York label Proenza Schouler will replace Jonathan Anderson next month

Marie Claire

Jonathan Anderson's successors at Loewe have been announced — we take a look back at some his best moments

The game of creative director musical chairs continues

The Guardian - UK

Jonathan Anderson to leave Loewe as fashion houses’ creative upheaval continues

Designer’s departure comes days after announcement that Demna is to join Gucci from Balenciaga

International Business Times

Designer Jonathan Anderson Leaves Spanish Brand Loewe

British designer Jonathan Anderson has left Spanish brand Loewe after more than a decade at the helm, owner LVMH announced Monday, with the 40-year-old tipped to take over at Dior.

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