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

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

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

LVMH’s wine and spirits unit, Moët Hennessy, will cut 10% of its staff—around 1,200 jobs—amid declining US and China sales, ...

The crush of traffic going into training and running AI has quickly turned into a major cost and resource headache for ...

Cost-cutting initiatives and sharper price architecture were among other topics discussed during the earnings calls.

French global duty-free player Lagardère Travel Retail is sticking to its strategic goals in what could be a choppy 2025.

“Cast AI is setting a new standard for cloud efficiency at a time when infrastructure demands are surging,” explained Tim Yap, Investment Director at SoftBank Investment Advisers, underscoring the ...

The latest insight from The Global Payroll Association reveals that the world’s 100 richest billionaires have a combined fortune of over $5 trillion, and ...

Investors include G2 Venture Partners, SoftBank Vision Fund 2 and Aglaé Ventures, a Paris-based investment firm associated ...

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

senior adviser to LVMH chairman and CEO Bernard Arnault. At Fendi, Ros is to succeed Pierre-Emmanuel Angeloglou, who on April ...