News

Bernard Arnault denies any 'structural crisis' at LVMH, despite 'challenging' economic climate
During the luxury group's general assembly on Thursday, LVMH's boss secured permission to hold the CEO position until the age ...
The world's 10 richest people lost $172 billion in 3 days as stocks crashed
The 10 richest individuals have had some $350 billion of wealth erased this year amid the market turmoil, with only Warren ...
Observer4d
LVMH and Hermes CFOs Say Luxury Titans Are Starting to Feel Tariff Pains
Hermes this month briefly overtook its rival LVMH in market cap. Liao Pan/China News Service/VCG via Getty Images With high profits and a reliable base of wealthy clients, LVMH (LVMHF) and Hermes ...
Reuters4d
LVMH shareholders agree Bernard Arnault can remain CEO until he is 85
PARIS, April 17 (Reuters) - LVMH (LVMH.PA), opens new tab shareholders on Thursday voted to allow Bernard Arnault, 76, to remain at the helm of the world's largest luxury group until he's 85.
Fox Business5d
Hermes overtakes LVMH in market cap to become most valuable luxury company
LVMH ceded its title as the world’s most valuable luxury company on Tuesday, as its market capitalization dropped below rival Hermes. The market capitalization of LVMH, known for brands like ...