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LVMH’s CEO Bernard Arnault Does Not Deny DFS Sale
LVMH’s CEO Bernard Arnault Does Not Deny DFS Sale As Stock Slides
French luxury conglomerate LVMH saw its stock slide by more than 6% following the Tuesday evening reveal of its 2024 annual results.
Bernard Arnault says LVMH is not relocating following backlash over his criticism of French tax hikes
Bernard Arnault has said LVMH has no plans to relocate the company.It follows backlash over his criticism of proposed French tax hikes.Arnault had also praised the "optimism" in the US following President Donald Trump's return to office.
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 Louis Vuitton, Fendi, and Sephora, likened Meta CEO Mark Zuckerberg’s move to let go of low-performing workers to layoffs at Tiffany’s.
2d
on MSN
LVMH watch and jewelry CEOs see luxury sales picking up in 2025
The CEOs of Tiffany & Co., TAG Heuer and Bulgari and the director of watches for Louis Vuitton weigh in on China sales, ...
4d
LVMH eyes US workshop expansion, but any shift will likely be limited
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
2d
Designer Kim Jones Exits LVMH's Dior Homme Brand
PARIS (Reuters) -Fashion designer Kim Jones is leaving luxury group LVMH's Dior Homme brand, the label said on Friday, ...
4d
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 ...
4d
LVMH shares set for biggest drop in over a year on fading recovery hopes
Shares in LVMH were on track for their largest drop in 14 months on Wednesday after the luxury goods group's latest sales ...
3d
LVMH Generated $88 Billion in Revenue in 2024, Slightly Above Expectations
LVMH earned $88.27 billion in revenue in 2024, a slightly better-than-expected figure that could be signaling a turnaround in ...
5d
on MSN
World's largest luxury group LVMH posts better than feared full-year sales
The world’s largest luxury company LVMH on Tuesday reported better-than-expected full-year sales, in the strongest sign yet ...
2d
LVMH price target raised to EUR 780 from EUR 700 at RBC Capital
RBC Capital raised the firm’s price target on LVMH (LVMUY) to EUR 780 from EUR 700 and keeps an Outperform rating on the shares.Invest with ...
4d
on MSN
Inside LVMH Watch Week: Execs Sound Off on the Future
Watch brand executives from LVMH speak on the state of the industry during the group's annual watch week in New York City.
4d
on MSN
LVMH Stock Drops as Results Raise Questions on Luxury Turnaround
Luxury giant LVMH eked a small gain in 2024 sales, underwhelming investors following buoyant results from rivals that signalled a turnaround for the sector ...
4d
LVMH considers widening US footprint as CEO Arnault expresses France fatigue
Luxury giant LVMH is "seriously considering" bulking up its production capacities in the United States, CEO Bernard Arnault ...
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