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Day’s wrap: LVMH, Moda Operandi, Rebag, Valentino, Hennessy and Cadillac

April 12, 2022

Louis Vuitton is the latest luxury giant to raise its prices in 2022, following Dior and Hermès. But will Chinese consumers keep buying? Image credit: Shutterstock Fashion and leather goods experienced a revenue growth of 30 percent in the first quarter. Image credit: Shutterstock


Luxury Daily’s live news for April 12:

LVMH revenue up 29pc in Q1, led by fashion and leather goods
French luxury conglomerate LVMH Moët Hennessy Louis Vuitton has recorded revenue of 18 billion euros, or about $19.5 billion at current exchange, for the first quarter of 2022.

Moda Opernadi collaborates with Rebag for exclusive edit
Online luxury retailer Moda Operandi is teaming with resale platform Rebag in a new effort that seamlessly melds the primary and secondary markets.

Valentino continues pop-up series celebrating Rendez-Vous collection
Italian fashion label Valentino is continuing to host pop-ups across the country in celebration of its spring/summer 2022 offerings, the Rendez-Vous collection.

Hennessy honors founder with special release
LVMH-owned Cognac brand Hennessy is honoring its founder and brand heritage with a new decanter, Richard.

Cadillac expands exclusive Collector’s Series in anniversary effort
U.S. automaker Cadillac is marking 120 years of the brand with a new expansion of its Collector’s Series.

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