Loewe

Company LVMH Moët Hennessy - Louis Vuitton
Country Spain
Email customercare_europe@loewe.es
Telephone +33 147 487 904

Market Segment Premium
Core Business Bags

Loewe Financial Report 2019

Last fiscal year ended on December 31, 2019

	Revenue - Thousands of EUR
2013	66.940,0
2014	62.189,0
2015	68.099,0
2016	69.516,0
2017	80.388,0
2018	Get Access Now
2019	Get Access Now

Income Statement Trend

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Revenue

It represents the brand's turnover from the sales of finished goods through all of the distribution channels - retail, wholesale and e-commerce, after the deduction of returns, allowances for damaged or missing goods and any discounts allowed.

Operating Margin

Also known as ROS - Return on Sales, it measures the percentage of sales revenue that gets 'returned' to the company as net profits after all the related costs of the activity are deducted. The figure is about the latest fiscal year available.

Income Statement Highlights

in Thousands of EUR	2019	2018	Δ 2019/2018	2017	Δ 2018/2017	2016	Δ 2017/2016	CAGR
Revenue
Operating Income

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Loewe Updates

The women's show of loeweSS21 is located in the showroom of the Grand Veneur Hotel in Paris

Loewe Expands Presence at Dubai Mall With New Store

Loewe Opens First Boutique in Germany

Loewe Handicraft Competition postponed to next year

Loewe donated 100,000 masks

Loewe announced the closure of all stores in Europe and North America

LVMH Moët Hennessy - Louis Vuitton Financial Report 2019

Income Statement Trend

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Total Revenue

It includes the overall revenue of the company, considering not only the sales of finished goods, but all of the sources of the company income.

Operating Margin

Net Profitability

It's a measure of a company's overall profitability, i.e. how much of its sales are converting to profit. The value given is the amount of sales needed to generate one currency unit of post tax profit. Negative values mean that the company has a negative level of post tax profit. The figure is about the latest fiscal year available.

Profit Ratio

It's a key measure of success. The profit ratio measures the amount of profit generated by each single currency unit of sales. The figure is about the latest fiscal year available.

Income Statement Highlights

in Millions of EUR	2019	2018	Δ 2019/2018	2017	Δ 2018/2017	2016	Δ 2017/2016	CAGR
Total Revenue
Cost of Sales
Gross Profit
Operating Income
Net Income

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Balance Sheet Highlights

in Millions of EUR	2019	2018	Δ 2019/2018	2017	Δ 2018/2017	2016	Δ 2017/2016	CAGR
Current Assets
Total Assets
Current Liabilities
Equity

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Revenues by Country

	2018	2017	Δ 2018/2017	2016	Δ 2017/2016	2015	Δ 2016/2015	2014	Δ 2015/2014	CAGR
Asia
United States of America
Europe
Other Countries
France
Japan

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LVMH Moët Hennessy - Louis Vuitton Annual Report

Official Websites

Loewe website

loewe.com

Loewe ecommerce

loewe.com/eu_en/online-boutique.html/

Official Social Media

Brand Description

Establishment

Year

1846

City

Madrid

Country

Spain

Founder

Enrique Loewe Roessberg

Head Designer

Jonathan Anderson

2013 - Present

Profile

The first question: how to say Loewe? The answer is “low-ay-ve”, the name of a company whose founding date, 1846, marks it out as one of the oldest purveyors of luxury leather goods in the world.
But before we talk of the superb craftsmanship which can be traced back to the 8th century when Spanish Córdoba leather was first prized by the crowned heads of Europe, before we talk about unique napa as soft as velvet, or even of today's artisans who are so skilled they can make super-soft unlined bags where the interior is as perfect as the exterior, we should speak of Spain.
Spain, and especially Madrid, the stately yet lively capital, is deep in Loewe's soul. Spain is perhaps unique in Europe in that it is still what it was; for while resolutely international and innovative with its chefs, architects and Oscar-winning movie stars, the country's authenticity remains intense and alive.
Modern Madrileños may no longer wear the lace mantillas of their grandmothers or (often) dance flamenco, yet a noble grace remains among those who hold on to their traditions with a fierce pride while embracing the freedom to do whatever they please.
In 1996, the world's leading international luxury goods group, LVMH, acquires Loewe, following an international distribution agreement first struck in 1985. This facilitates both global expansion and protects an exceptional company for the future. Leather bags leather and suede garments of a quality few can hope to match, desireable small leather goods, as well as silk scarves and ties continue to be the pillars of Loewe. In 1997, American, Narciso Rodríguez is hired to create Loewe's ready-to-wear. From 2003 to 2007, this is the role of the Belgian, José Enrique Oña Selfa.
In 2008, Stuart Vevers is named Creative Director. A new dawn is signalled with easy bags that are relaxed yet luxurious to touch, while Vevers also goes back to the soul of the eternal Amazona and modifies it with a light hand, adding such modern essentials as pockets for cellphone and wallet.
A trench coat of astonishing lightness signals an ongoing dedication to Loewe’s supreme mastery as a leather maker combining tradition, innovation and excellence.