LVMH, the company behind Louis Vuitton, Christian Dior, Loewe, and other esteemed fashion houses, recently bought out leading leather supplier Les Tanneries Roux. The business deal ensures the firms can continue to create sumptuous leather goods.

The acquisition makes sense, as leathergoods accounts for roughly 37% of LVMH's total sales. LVMH also ...

Strong sales in Asia have helped LVMH and its fashionable companies exceed full-year profit forecast for 2011.

The luxury conglomerate's net income rose a modest 1% last year to 3.07 billion euros, exceeding estimates of 3.06 billion euros. It's a small win, but a significant one in the light of ...

Louis Vuitton just got a bit more exotic after its parent company, LVMH, assumed control of leather tannery Heng Long International. LVMH now owns 51% of the exotic skins supplier while the Koh family that founded the business owns the other 49%. It's estimated that LVMH spent around €92 million, ...

The French stock market regulator, the AMF, has quashed any suggestions of a LVMH takeover of Hermes International.

At the request of the French fashion house, the AMF has ruled that LVMH cannot purchase any shares from small independent shareholders. This will ensure Hermes can group ...

LVMH, the company responsible for Louis Vuitton, has taken a larger slice of the Hermes International pie. The brand bought 17.1% of the company in October, but recently upped its stake in the French luxury brand to around 20.21%.

LVMH originally insisted it had only ...

People might be making a lot of cutbacks and tightening the proverbial belt as of late, but it doesn't appear to be slowing down fashion designer label Louis Vuitton.

This powerhouse of a brand has continued plugging along and bringing in the sales. Perhaps they aren't as outrageous as past numbers, but ...