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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 ...
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Elon Musk's wealth has crashed by over $175 billion from its peak as Tesla's problems pile up
The Tesla and SpaceX CEO now ranks fourth in the wealth rankings, behind LVMH's Bernard Arnault, Amazon's Jeff Bezos, and Meta's Mark Zuckerberg. Moreover, Musk is the only one of the world's 11 ...
LVMH overtaken by Hermes in market capitalization as sales disappoint
LVMH lost its position on Tuesday as Europe's largest luxury company in terms of market capitalization after being overtaken ...
Observer6d
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 ...
NBC DFW8d
LVMH dethroned by Hermès as world's most valuable luxury stock after sales miss
Shares of LVMH plunged 7.8% on Tuesday, losing its position as the world's largest luxury firm to rival Hermès after an unexpected decline in first-quarter sales. LVMH reported a 3% year-on-year ...
Fox Business7d
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 ...