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Tiffany and LV Winners as LVMH Sales Exceed $16.7B in Q1


Retail and Consumer Confidence14:54
LVMH, Moët Hennessy Louis Vuitton, recorded revenue of 14 billion euros (US$16.7 billion) in the first quarter of 2021, up 32% compared to the same period in 2020. The quarter marks the return to growth after several quarters of decline during 2020, a year that was severely disrupted by the global pandemic.
Fashion & Leather Goods, in particular, had a strong start to the year and achieved record levels of revenue. 52% compared to the same period of 2020 and 37% compared to that of 2019. Louis Vuitton and Dior outshined the others with performance strength across the handbag, ready-to-wear, and shoe categories, chief financial officer Jean-Jacques Guiony said. He also noted strong performances at Fendi, Celine, and Marc Jacobs. ....

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TAG Heuer and Porsche Celebrate Friendship with TAG Heuer Carrera Porsche Chronograph


TAG Heuer and Porsche Celebrate Friendship with TAG Heuer Carrera Porsche Chronograph
Porsche have officially sealed their longstanding friendship with the launch of special edition
TAG Heuer Porsche Carrera Chronograph.
In 1963 Jack Heuer, the great grandson of the founder, created the first Heuer Carrera chronograph, designed specially for racecar drivers. A few years later Jack Heuer forged an agreement with racing driver Jo Siffert, who put the brand’s logo on his suit and the Porsche he drove, in exchange for which he sold Heuer Monaco watches, named in tribute to the Monaco Grand Prix. Thanks to Steve McQueen, who wore a racing suit bearing the two logos, the two brands came together again in the 1971 movie Le Mans. They continued their close relationship in the 1980s and 90s with the TAG-Turbo engine, as well as competitions including the Porsche Carrera Cup and Supercup. In 2019, when Porsche created its own Formula E team, it naturally partnered with TAG H ....

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