Browsing: LVMH
50 million people have stopped buying luxury brands like Dior and Burberry after ‘broken promises’ to customers
Nothing gold can stay. Despite years of strong performance, the market for personal luxury goods is set to slow down…
Bernard Arnault’s son Alexandre is climbing the ranks as new deputy of Moët Hennessy. Here’s what it means for LVMH’s succession plan
Alexandre Arnault, one of LVMH CEO Bernard Arnault’s children, is set to become the deputy chief of the French luxury…
The wealth of France’s luxury and cosmetics titans swelled to unprecedented heights during the pandemic era, when consumers snapped up…
LVMH had a bloodbath of an earnings. But its CFO is convinced becoming more affordable isn’t the answer
There’s no way to sugarcoat it—LVMH is in trouble. The French giant’s third-quarter revenue fell by 3%, slipping below analyst…
LVMH and the organizers of the Formula One races have signed a major sponsorship deal potentially worth $1 billion, with…
Paris Match, a glossy French weekly known for its celebrity scoops on Tuesday became part of the media empire of…
Per the Bloomberg Billionaire’s Index, Arnault’s fortune leapt from $177 billion on Tuesday to $207 billion less than a week…
LVMH is investing in $2,000 ski jacket maker Moncler, which has quadrupled sales in a decade and become a TikTok sensation
Moncler has had a dream run selling its exorbitant winter jackets and ski gear—so much so that it has attracted…
Hermès boss doesn’t like the company being compared to arch-rival LVMH, which once tried to buy the Birkin bag maker
Hermès is part of the crème de la crème in luxury, as is Louis Vuitton’s parent, LVMH. But Axel Dumas,…
Bernard Arnault bumped back to the world’s fourth richest man—thanks to China’s multibillion-dollar stimulus
LVMH patriarch Bernard Arnault had a short-lived time as the world’s fifth-richest man. The French magnate shed about $54 billion…