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Luxury giant LVMH saw sales fall two percent to 20.3 billion euros ($23 billion) in the first quarter of 2025 as US President ...
LVMH shares fell sharply in Paris on Tuesday after the French luxury conglomerate reported a slide in first-quarter results.
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." ...
The group's CFO said it was looking into shifting some segments of its manufacturing process, but it won't happen "overnight." ...
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.
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 ...
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 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 ...
(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.