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Luxury goods conglomerate LVMH is no longer the world’s most valuable luxury brand, eclipsed by Hermès on Tuesday after it disclosed worse-than-expected Q1 results.
LVMH shares fell sharply in Paris on Tuesday after the French luxury conglomerate reported a slide in first-quarter results.
This isn’t the first time the LVMH head has looked to raise his term limits. Geoffrey van der Hasselt/AFP via Getty Images Arnault’s four sons and one daughter all currently hold roles within ...
Some people want to do a bit like Hermès, but it doesn’t work out at the end of the day,” Hermès executive chair Axel Dumas said in February.
Bernard Arnault is taking a page out of the Logan Roy succession handbook. The billionaire CEO of LVMH, who is currently 76 years old, reportedly wants to keep running the company for the next ...
The world’s richest sports team owners include the billionaires at the top of the NBA, the NFL and European soccer. See the ...
In a bruising morning for the luxury sector in which the companies swapped spots several times, shares in Paris-listed LVMH fell 7.5 per cent, sending the group’s market capitalisation down to ...
Bernard Arnault has no succession plan, and no apparent intention of unveiling one soon. Indeed, the 76-year-old chairman and CEO of LVMH could spend another decade at the helm of the $300 billion ...
Hermès International SCA’s valuation reached €243.65 billion ($363.98 billion) on Tuesday, briefly crossing the €243.44 billion of LVMH Moët Hennessy Louis Vuitton SE.
LVMH’s sales fell more than expected in the first quarter as the world’s leading luxury group braces for the fallout from US ...
Luxury giant LVMH saw sales fall two percent to 20.3 billion euros ($23 billion) in the first quarter of 2025 as US President ...
LVMH grew 100,000%. Berard Arnault’s acquisition selection principles can easily be applied to stock choices for one’s retirement portfolio. Bernard Arnault’s acquisition strategies are ...