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Bernard Arnault, the world’s sixth-richest person, saw his fortune tumble by $11.9 billion on Tuesday after LVMH Moët Hennessy Louis ...
Recently, his fortune fell by USD 12.5 billion after his company's shares plunged following an unexpected drop in ...
This slump has led to LVMH ceding its long-held position as the top luxury company to Hermès. The trade war, particularly the spiraling tariffs on China and the uncertainty surrounding further levies, ...
Europe’s wealthiest individual, Bernard Arnault, is head of luxury goods empire LVMH — and has a lot to lose from a spiraling ...
Hermès is officially the most valuable luxury stock in the world. Following missed sales by fellow French luxury brand LVMH, ...
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.
Bernard Arnault, chairman and CEO of LVMH Moët Hennessy Louis Vuitton, has seen his fortune shrink by $15.1 billion in ...
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 shares fell sharply in Paris on Tuesday after the French luxury conglomerate reported a slide in first-quarter results.
The group's CFO said it was looking into shifting some segments of its manufacturing process, but it won't happen "overnight.
Way back in 2010, LVMH's billionaire CEO Bernard Arnault shocked the corporate world by acquiring a huge stake in Hermes. It ...
LVMH has appointed Jean-Christophe Babin as CEO of its Watches division, effective April 1, 2025. Babin will succeed Frédéric ...