lvmh bernard arnault - Search News

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.

Fortune on MSN · 18h

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.

Le Monde.fr · 1h

LVMH CEO Bernard Arnault takes swing at French government tax plan

Government spokesperson Sophie Primas replied saying that 'everybody must do their bit,' although she conceded that she understood his 'anger.'

LVMH drags down luxury shares

Business Times · 9h

LVMH’s subdued sales temper hopes for a rapid luxury rebound

LVMH’s sales of fashion and leather goods declined in the fourth quarter, casting doubt on the prospects for a quick recovery in luxury demand. Read more at The Business Times.

Reuters on MSN · 1d

LVMH drags down luxury shares as budding hopes fade

Shares in luxury conglomerate LVMH were down in early trade on Wednesday, after the company's end-of-year report disappointed investors hoping for stronger signs of rebound from the sector bellwether.

The Financial Times · 1d

LVMH sales growth raises hope for end to luxury downturn

LVMH defied expectations and increased sales in its most recent quarter thanks to a buoyant US economy and resilience in Europe, raising optimism that the worst of the downturn in the luxury goods market has passed.

15hon MSN

Bernard Arnault, world's richest non-American, drops absurd new term for tech layoffs

Bernard Arnault, in an LVMH earnings call, used a bizarre new term for tech layoffs when referencing a conversation with Meta ...

6don MSN

The real reason why billionaire LVMH head Bernard Arnault and his ‘Succession’ heirs were at Trump’s inauguration

He’s someone Trump really looks up to and wants to make happy,” a source said of LVMH CEO Bernard Arnault, the wealthiest man ...

Billionaire Bernard Arnault lambasts French tax hikes, eyes expansion in U.S.A

Bernard Arnault, the billionaire chairman of luxury goods giant LVMH, has voiced his dissatisfaction with France’s economic ...

18h

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 ...

12don MSN

LVMH's Bernard Arnault ousts Larry Ellison as the world's 4th-richest person after gaining $15 billion in one day

Bernard Arnault is outpacing Elon Musk and Mark Zuckerberg in wealth gain this year after signs of a rebound in luxury demand ...

1d

LVMH profits fall 17% but Arnault promises 'wind of optimism' in US

The luxury goods group headed by Bernard Arnault ends its 2024 financial year with sales of €84.7 billion, down 2% on 2023.

1d

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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