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LVMH shares dropped sharply and dragged luxury stocks lower after the Louis Vuitton owner reported first-quarter sales that fell short of analysts' expectations.
Hermès’s market capitalization surpassed that of rival LVMH, the conglomerate which tried to buy the maker of the coveted Birkin bag in a stealth raid that shocked the French corporate world 15 years ...
Hermès International SCA briefly overtook LVMH Moët Hennessy Louis Vuitton SE as France’s most valuable listed company, marking a dramatic twist in a rivalry that dates back more than a decade. On ...
Lisa, a member of the K-pop group Blackpink, was spotted using a photo of Frédéric Arnault, heir to the French billionaire Bernard Arnault, as her phone’s lock screen.
LVMH, which owns labels including Christian Dior and Tiffany & Co, reported sales in 2024 of €84.7 billion for an operating profit of €19.6 billion. Hermès had sales of €15.2 billion and an operating ...
Hermès International SCA’s valuation reached €243.65 billion ($363.98 billion) on Tuesday, briefly crossing the €243.44 billion of LVMH Moët Hennessy Louis Vuitton SE.
The group's CFO said it was looking into shifting some segments of its manufacturing process, but it won't happen "overnight." ...
Bernard Arnault has no succession plan, and no apparent intention of unveiling one soon. Indeed, the 76-year-old chairman and CEO of LVMH could spend another decade at the helm of the $300 billion ...
LVMH CFO Cecile Cabanis said "aspirational clientele is always more vulnerable in less positive economic cycles." ...
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Agence France-Presse on MSNLVMH sales dip as Trump tariffs dent luxury tastesLuxury giant LVMH saw sales fall two percent to 20.3 billion euros ($23 billion) in the first quarter of 2025 as US President ...
In the U.S., the company saw a 3% organic sales decline for the quarter, while in Asia--excluding Japan--sales dropped 11%. Most luxury brands recorded growth in the U.S. in the last quarter of 2024, ...
The internet is buzzing again, and this time it’s about BLACKPINK’s Lisa and her rumored beau, Frédéric Arnault. A viral ...
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