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

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, ...

Six months after a joint takeover that involved Europe's richest man Bernard Arnault and drinks giant Red Bull, Paris FC ...

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

The management of the luxury giant's wines and spirits division told employees it has plans to reduce the workforce by more ...

LVMH group's wine and spirits business Moet Hennessy will shrink its workforce by more than 10 per cent, about 1200 employees ...

(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.

Francois Pinault, the octogenarian founder of Kering SA, has seen his family’s fortune drop by more than two-thirds since a ...

At the recent LVMH annual meeting in Paris, shareholders of the luxury goods group granted its 76-year-old billionaire boss ...