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LVMH visits luxury Korea

LVMH Chairman and CEO Bernard Arnault visited a Louis Vuitton store at Shinsegae Department Store and Lotte World Tower in Seoul on May 11 during his first trip to Korea in three years.

2026.5.11

Bernard Arnault, chairman and CEO of LVMH, speaks during the annual shareholders meeting of LVMH in Paris April 23. [REUTERS/YONHAP]

LVMH chief Bernard Arnault makes first Korea visit in three years

LVMH Chairman and CEO Bernard Arnault visited a Louis Vuitton store at Shinsegae Department Store in Seoul on Monday during his first trip to Korea in three years.

2026.5.11

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A sign outside a Tiffany & Co boutique in Avenue Montaigne. [TASS/YONHAP]

Personal information watchdog opens probe of Dior and Tiffany for data breaches

Korea’s Personal Information Protection Commission (PIPC) said Sunday it has launched an investigation into data breaches at luxury brands Dior and Tiffany, both subsidiaries of global fashion conglomerate LVMH.

2025.6.1

LVMH Moët Hennessy – Louis Vuitton Chairman and CEO Bernard Arnault is pictured before the start of the Formula One Grand Prix of Monaco at the Circuit de Monaco in Monte Carlo on May 25. [EPA/YONHAP]

Tiffany, Dior suffer data breaches — and report them weeks later

LVMH luxury brands, including Tiffany and Dior, faced data breaches, raising consumer concerns about data security and management practices.

2025.5.26

Louis Vuitton raises prices in Korea amid backlash against LVMH

Luxury brand Louis Vuitton has raised its prices by an average of 5 percent amid consumer ire over inflated prices and labor abuse by parent company LVMH.

2024.7.3

Sephora's first Korean branch at Parnas Mall in Gangnam District, southern Seoul [JOONGANG PHOTO]

Sephora, squeezed by Olive Young, pulls out of Korea

Sephora is exiting the Korean market after struggling to understand the preferences of the country's consumers. It has faced an uphill battle against domestic beauty chain CJ Olive Young.

2024.3.19

Hennessy CEO Laurent Boillot [CLO LE GUAY]

Hennessy aims to tap explosive Korean sales growth

Distilled spirits such as cognac and whisky – long regarded as a drink for older men - are growing in popularity among young Koreans. Trendy bars are popping up here and there, appealing to young men and women grabbing a drink "not in excess ...

2023.6.6

Louis Vuitton Korea sees surge in net profit in 2022

Louis Vuitton Korea saw a surge in its net profit last year thanks to many consumers’ splurging following the pandemic.

2023.4.10

Louis Vuitton Moet Hennessy Group’s founder and Chairman Bernald Arnault met with Hyundai Department Store Chairman Chung Ji-sun to tour the department store’s Pangyo branch in Gyeonggi on Tuesday. [NEWS1]

LVMH founder, richest man in the world, visits Korea

LVMH founder and chairman Bernard Arnault met with the executives of Korea retail companies during a three-day stay in Korea, floating the possibility of opening new LVMH shops in domestic department stores and duty-free stores. Arnault visited...

2023.3.21

Innovation and error

Upon returning home about 20 days ago, I learned of Virgil Abloh’s death from my teenage son.Abloh was the artistic director of Louis Vuitton (LVMH). At school, he studied architecture and engineering. Even as a trained...

2021.12.20