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The performance exceeded expectations as business was fueled despite macroeconomic and geopolitical challenges.
Recently, his fortune fell by USD 12.5 billion after his company's shares plunged following an unexpected drop in ...
Donald Trump reeled in his attack on the global trade system, ordering a ninety-day pause on the steep “reciprocal tariffs” ...
Hermès’s market capitalization surpassed that of rival LVMH, the conglomerate which tried to buy the maker of the coveted ...
Europe’s richest man has seen the value of his luxury empire slump behind arch rival Hermès after the trade war plunged his ...
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.
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 ...
LVMH shares fell sharply in Paris on Tuesday after the French luxury conglomerate reported a slide in first-quarter results.
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 ...
LVMH, which owns labels including Christian Dior and Tiffany & Co, reported sales in 2024 of €84.7 billion for an operating ...
Luxury giant LVMH saw sales fall two percent to 20.3 billion euros ($23 billion) in the first quarter of 2025 as US President ...
In the U.S., the company saw a 3% organic sales decline for the quarter, while in Asia--excluding Japan--sales dropped 11%. Most luxury brands recorded growth in the U.S. in the last quarter of 2024, ...