Having expanded its business by installing spas in major hotels and organising wellness retreats, the brand's cosmetics division is poised to enter the tourism sector. The shift coincides with the appointment of a travel industry professional to the LVMH board.
Facing legal action in a European Commission price-fixing investigation, the fashion house has negotiated leniency by confessing to a major infraction in antitrust law previously unknown to Brussels.
To help finance a hefty renovation bill, the Paris art school is increasingly seeking out more partnerships with luxury brands, with the Chinese label Icicle expected to hold a fashion show there in September.