The former richest man in the world has dropped further on the Forbes billionaires List, falling to 6th place, while Elon ...

Europe’s wealthiest individual, Bernard Arnault, is head of luxury goods empire LVMH — and has a lot to lose from a spiraling ...

Today’s Forbes Daily covers Y Combinator rival Neo, Canada’s auto exemptions, small business pay transparency, Silicon Valley’s drone problem and more.

Hermès is officially the most valuable luxury stock in the world. Following missed sales by fellow French luxury brand LVMH, ...

LVMH just delivered a blow to investors in first quarter, reporting a 3% organic revenue decline, including a 5% drop in its ...

Hermes, famed for its silk scarves as well as its handbags, secured top spot after shares in LVMH plunged following a worse ...

Hermès’ market capitalization surpassed that of rival LVMH, the conglomerate which tried to buy the maker of the coveted ...

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.

Way back in 2010, LVMH's billionaire CEO Bernard Arnault shocked the corporate world by acquiring a huge stake in Hermes. It ...

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 ...