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Yen 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 ...
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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The group's CFO said it was looking into shifting some segments of its manufacturing process, but it won't happen "overnight." ...
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.
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 ...
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VnExpress International on MSNBlackpink’s Lisa seen setting photo of billionaire Arnault’s heir as phone lock screenLisa, 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 ...
The firm, whose brands include Moet, Louis Vuitton (modelled by Naomi Campbell) and Givenchy, confirmed fears of a luxury ...
PARIS] LVMH sales fell more than expected in the first quarter, weighed down by weak demand for luxury goods in China and the ...
(Bloomberg) -- LVMH sales fell at the start of the year as wealthy shoppers reined in purchases of pricey handbags as threats of a trade war roiled financial markets.
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