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LVMH’s CEO Bernard Arnault Does Not Deny DFS Sale
Bernard Arnault says LVMH is not relocating following backlash over his criticism of French tax hikes
Bernard Arnault has said LVMH has no plans to relocate the company.It follows backlash over his criticism of proposed French tax hikes.Arnault had also praised the "optimism" in the US following President Donald Trump's return to office.
LVMH’s CEO Bernard Arnault Does Not Deny DFS Sale As Stock Slides
French luxury conglomerate LVMH saw its stock slide by more than 6% following the Tuesday evening reveal of its 2024 annual results.
LVMH CEO Bernard Arnault came up with a new way to describe layoffs: being ‘promoted outwards’
Following Meta’s layoffs earlier this month, Arnault, the head of the luxury goods conglomerate that controls brands like Louis Vuitton, Fendi, and Sephora, likened Meta CEO Mark Zuckerberg’s move to let go of low-performing workers to layoffs at Tiffany’s.
Bernard Arnault says laid-off Meta staff were 'promoted outwards' — and LVMH's Tiffany is doing the same
Bernard Arnault said he spoke with Mark Zuckerberg about Meta layoffs, which the LVMH boss described as workers being "promoted outwards."
2d
on MSN
LVMH watch and jewelry CEOs see luxury sales picking up in 2025
The CEOs of Tiffany & Co., TAG Heuer and Bulgari and the director of watches for Louis Vuitton weigh in on China sales, ...
4d
LVMH considers widening US footprint as CEO Arnault expresses France fatigue
Luxury giant LVMH is "seriously considering" bulking up its production capacities in the United States, CEO Bernard Arnault ...
4d
Shares of LVMH drop 5% as full-year results throw doubt on broad luxury recovery
LVMH shares dropped as slightly better-than-expected full-year results from the world’s largest luxury company threw doubt ...
5d
on MSN
World's largest luxury group LVMH posts better than feared full-year sales
The world’s largest luxury company LVMH on Tuesday reported better-than-expected full-year sales, in the strongest sign yet ...
4d
LVMH shares set for biggest drop in over a year on fading recovery hopes
Shares in LVMH were on track for their largest drop in 14 months on Wednesday after the luxury goods group's latest sales ...
4d
LVMH Generated $88 Billion in Revenue in 2024, Slightly Above Expectations
LVMH earned $88.27 billion in revenue in 2024, a slightly better-than-expected figure that could be signaling a turnaround in ...
2d
LVMH price target raised to EUR 780 from EUR 700 at RBC Capital
RBC Capital raised the firm’s price target on LVMH (LVMUY) to EUR 780 from EUR 700 and keeps an Outperform rating on the shares.Invest with ...
5d
LVMH says 2025 off to good start after quarterly sales beat
LVMH has made a good start to 2025, CEO Bernard Arnault said on Tuesday, after the luxury bellwether reported better than ...
4d
Heard on the Street: LVMH Stock Price Drops on Luxury Reality Check
Demand for high-end brands is improving but not as quickly as hoped. European luxury shares fell Wednesday in reaction to a ...
3d
Designer Kim Jones Exits LVMH's Dior Homme Brand
PARIS (Reuters) -Fashion designer Kim Jones is leaving luxury group LVMH's Dior Homme brand, the label said on Friday, ...
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