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LVMH is working to navigate China's slowed growth, evolving consumer demand, and creative shifts while securing long-term ...
LVMH’s wine and spirits unit, Moët Hennessy, will cut 10% of its staff—around 1,200 jobs—amid declining US and China sales, ...
Luxury goods industry is driven by economic growth and wealth creation. Any structural slowdown in economic growth presents a risk to firms like LVMH.
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The Hermès International shareholders' meeting met the moment, with the company holding its position as France's largest ...
LVMH will focus on its biggest, best known alcohol brands and rein in international ambitions for smaller labels to revive ...
May 1 (Reuters) - LVMH (LVMH.PA), opens new tab group's wine and spirits business Moet Hennessy will shrink its workforce by more than 10%, about 1,200 employees, the Financial Times reported on ...
LVMH told the county it expected to hire 500 people in five years, the report states. At the ribbon-cutting ceremony in 2019, the company's CEO Bernard Arnault said, “We will create ...
The historic overtaking comes after weeks of neck-and-neck trading, with Hermès overtaking LVMH thanks to a surge in its ...
He reports on companies like LVMH, Kering and Hermès ... ahead of a crucial election on Sunday. Alexandre Arnault, a son of Chairman Bernard Arnault, is being elevated to deputy CEO of the ...
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