LVMH

Luxurious heavyweights wrestle to shake off shopper fatigue

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[ad_1] LVMH, Kering Q2 gross sales seen decrease Luxurious sector faces extended downturn Uncertainty from commerce warfare weighs on client confidence PARIS, July 23 (Reuters) – LVMH and Kering are anticipated to report one other drop in quarterly gross sales, deepening investor worries a few extended downturn within the $400 billion luxurious market as manufacturers … Read more

LVMH backed L Catterton faucets Unilever veteran Vikram Kumaraswamy to co-lead India push

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[ad_1] Personal fairness agency L Catterton has appointed Vikram Kumaraswamy—a seasoned Unilever government—as accomplice and co-head of its India enterprise. He’ll lead alongside Anjana Sasidharan and India government chairman Sanjiv Mehta because the agency doubles down on one in every of Asia’s fastest-growing client markets, in line with a press launch by the corporate. The … Read more