all luxury news from Monaco and beyond.

Business, Fashion Kyra Lüthi Business, Fashion Kyra Lüthi

the lvmh vs kering race for k-pop talent

The Korean Wave—known as Hallyu—has transformed global culture, from K-pop and K-dramas to fashion and film. Luxury giants like LVMH and Kering are racing to sign Korean stars as global ambassadors, redefining the meaning of prestige. Icons like BTS, BLACKPINK’s Jisoo, and Kim Taehyung (V) of BTS have not only boosted sales for brands such as Dior, Louis Vuitton, and Cartier, but also proven that cultural influence directly drives financial value. With Dior’s sales in South Korea doubling under Jisoo and soaring to record highs after Jimin’s ambassadorship, and Cartier necklaces selling out instantly after V’s campaign, luxury marketing has entered a new era—where fan devotion, social virality, and cultural capital are as valuable as heritage. As BTS prepare for their 2026 world tour and Hybe’s stock doubles, one truth is clear: securing the right K-pop face is no longer just branding, it’s a global business strategy.

Read More