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Piyush Goyal meets LVHM, L’Oreal to push India manufacturing and exports
خبر
09.05.2026

Piyush Goyal meets LVHM, L’Oreal to push India manufacturing and exports

Union Minister Piyush Goyal met with luxury giants LVMH and L'Oreal to boost India's manufacturing, exports, and investments. Discussions centered on expanding production, nurturing local talent, and integrating Indian culture into global luxury supply chains. The talks also explored new avenues for India's beauty and personal care sector, leveraging L'Oreal's recent tech hub launch in Hyderabad.

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Times of India
LVMH CEO Warns of 'World Catastrophe' If Middle East Conflict Not Resolved
يتطور
Business·23.04.2026ملخص الذكاء الاصطناعي

LVMH CEO Warns of 'World Catastrophe' If Middle East Conflict Not Resolved

LVMH CEO Bernard Arnault warned at the company's Paris AGM that the Middle East conflict could cause a 'world catastrophe' with serious economic impact. The conflict halved the luxury giant's Q1 sales growth to just 1%, raising concerns about the sector's expected 2026 recovery. Arnault said if the conflict isn't resolved, 2026 could be severely impacted, but if resolved, business could recover in H2.

C
CNBC
Italian regulator investigates LVMH over skincare marketing to children via young influencers
يتطور
Business·22.04.2026ملخص الذكاء الاصطناعي

Italian regulator investigates LVMH over skincare marketing to children via young influencers

The Italian Competition Authority has launched an investigation into LVMH-owned brands Benefit and Sephora for allegedly marketing anti-aging skincare to children under 10 through young micro-influencers. The investigation follows Guardian findings of ambassador programmes accepting children as young as 13, with some influencers appearing to be aged 12. Dermatologists warn children don't need most skincare products, while legal experts say existing child protection laws do not extend to child influencers, creating a regulatory grey area.

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Guardian Tech
LVMH Q1 2026 Revenue Growth Misses Expectations as Middle East Conflict Weighs on Sales
خبر
19.04.2026ملخص الذكاء الاصطناعي

LVMH Q1 2026 Revenue Growth Misses Expectations as Middle East Conflict Weighs on Sales

LVMH reported 1% organic revenue growth in Q1 2026 to €19.1 billion, missing the 2% analyst forecast. The Middle East, hit by the Iran war, caused a double-digit sales drop and a 1% drag on group growth. Fashion and leather goods fell 2% to €9.2 billion, but watches and jewellery rose 7% and wines and spirits gained 5%. Shares fell over 2% on the news.

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Euronews Business