Browsing: LVMH
Billionaire Bernard Arnault tells court he was ‘completely unaware’ ex-spy chief had allegedly abused powers to protect LVMH
France’s richest man, LVMH chief Bernard Arnault, testified Thursday in the influence-peddling trial of the former head of France’s domestic…
H, the French artificial intelligence startup founded by veterans of Google’s DeepMind AI lab and backed by billionaires including LVMH…
LVMH’s Hennessy plan to trial bottling in China and bypass tariffs sparks hundreds protesting on home turf
Hundreds of employees of French cognac maker Hennessy, part of the LVMH group luxury empire, went on strike on Tuesday…
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…