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 ...
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 ...
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 ...
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Zuck, Bezos and the Waltons are among this year's 10 biggest wealth gainers with a combined $157 billion bounce
Amazon shares have risen 10% this year as investors ... Bernard Arnault Bernard Arnault is the founder, chairman, and CEO of LVMH Moët Hennessy Louis Vuitton. His luxury conglomerate houses ...
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Why LVMH Stock Fell Today
Shares of LVMH Moët Hennessy-Louis Vuitton (OTC: LVMUY) slid today as the global luxury giant was one of a wide range of stocks getting hit on the White House's action over the weekend to impose ...
LVMH shares fall as sales growth fails to impress
Shares in LVMH fell in early Frankfurt trading on Wednesday, as sales growth posted by the luxury goods group failed to ...
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LVMH mulls widening US footprint as CEO expresses France fatigue
STORY: Luxury giant LVMH is considering bulking up its production capacities in the US. CEO Bernard Arnault on Tuesday (Jan 28), praised a "wind of optimism" in the country that contrasted with ...
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LVMH FY2024: ‘unfavorable global economic environment’ contributes to 2 percent drop in sales
LVMH has announced its results for fiscal 2024. The French luxury conglomerate said that reported sales dipped 2 percent to ...