News

LVMH shares fell sharply in Paris on Tuesday after the French luxury conglomerate reported a slide in first-quarter results.
Some people want to do a bit like Hermès, but it doesn’t work out at the end of the day,” Hermès executive chair Axel Dumas said in February.
The French luxury group posted weaker-than-expected Q1 earnings on Tuesday, causing shares to tumble 8% while also impacting other luxury stocks. Find out more.
Hermès International SCA's valuation soared to €243.65 billion, surpassing LVMH's market value and making it the most valuable company on France's CAC40 index.
Way back in 2010, LVMH's billionaire CEO Bernard Arnault shocked the corporate world by acquiring a huge stake in Hermes. It was seen as an effort to seize control of the company. But the Hermes ...
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 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 ...