The five richest individuals in the world were all trained at prestigious universities, with three of them studying at Ivy ...

Businessman known for his frugal spending and McDonald's habit will step down after 60 years at the helm of Berkshire ...

Paris FC, which was recently bought by France's richest family, secured promotion to the topflight and will join Qatar-funded ...

Bernard Arnault, billionaire chairman and CEO of global luxury goods company LVMH; such as Louis Vuitton. Sandra Bullock, ...

The result ensures Paris will have two teams in the French top flight for the first time since 1989, with Paris FC joining perennial champions Paris Saint-Germain for what promises to be a compelling ...

Six months after a joint takeover that involved Europe's richest man and drinks giant Red Bull, Paris FC squeezed out a 1-1 ...

Moët Hennessy, the wine and spirits division of French luxury conglomerate LVMH, is preparing to cut more than 10% of ...

(Reuters) -LVMH group's wine and spirits business Moet Hennessy will shrink its workforce by more than 10%, about 1,200 ...

Luxury goods industry is driven by economic growth and wealth creation. Any structural slowdown in economic growth presents a risk to firms like LVMH.

The announcement from the Birkin bag-maker comes just days after LVMH boss and Europe's richest man Bernard Arnault said Europe needs to do more to prevent its companies from offshoring to the U.S. to ...

Bernard Arnault, Europe’s richest man and the CEO of luxury empire LVMH, is furious with how the European Union managed its ...