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LVMH’s CEO Bernard Arnault Does Not Deny DFS Sale
LVMH’s CEO Bernard Arnault Does Not Deny DFS Sale As Stock Slides
French luxury conglomerate LVMH saw its stock slide by more than 6% following the Tuesday evening reveal of its 2024 annual results.
LVMH CEO Bernard Arnault came up with a new way to describe layoffs: being ‘promoted outwards’
Following Meta’s layoffs earlier this month, Arnault, the head of the luxury goods conglomerate that controls brands like Louis Vuitton, Fendi, and Sephora, likened Meta CEO Mark Zuckerberg’s move to let go of low-performing workers to layoffs at Tiffany’s.
LVMH considers widening US footprint as CEO Arnault expresses France fatigue
Luxury giant LVMH is "seriously considering" bulking up its production capacities in the United States, CEO Bernard Arnault said on Tuesday, praising a "wind of optimism" in the country that contrasted with the "cold shower" of potentially higher corporate taxes in France.
10h
on MSN
Bernard Arnault, world's richest non-American, drops absurd new term for tech layoffs
Bernard Arnault, in an LVMH earnings call, used a bizarre new term for tech layoffs when referencing a conversation with Meta ...
13h
LVMH eyes US workshop expansion, but any shift will likely be limited
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
5d
on MSN
The real reason why billionaire LVMH head Bernard Arnault and his ‘Succession’ heirs were at Trump’s inauguration
He’s someone Trump really looks up to and wants to make happy,” a source said of LVMH CEO Bernard Arnault, the wealthiest man ...
Politico Europe
20h
Bernard Arnault slams French tax hikes, considers investing more in Trump’s US
With the economic outlook in France looking grim, Arnault said LVMH, which owns Louis Vuitton, Dior, Fendi and Moët & Chandon ...
Business Times
4h
LVMH’s subdued sales temper hopes for a rapid luxury rebound
LVMH’s sales of fashion and leather goods declined in the fourth quarter, casting doubt on the prospects for a quick recovery ...
23h
LVMH profits fall 17% but Arnault promises 'wind of optimism' in US
The luxury goods group headed by Bernard Arnault ends its 2024 financial year with sales of €84.7 billion, down 2% on 2023.
devdiscourse
1d
LVMH Eyes Expansion in Optimistic U.S. Market Amid French Tax Concerns
LVMH CEO Bernard Arnault is contemplating expanding production in the U.S., citing the nation's optimistic economic ...
8h
LVMH Generated $88 Billion in Revenue in 2024, Slightly Above Expectations
LVMH earned $88.27 billion in revenue in 2024, a slightly better-than-expected figure that could be signaling a turnaround in ...
1d
on MSN
Arnault Says LVMH Has Woken Up ‘Sleeping Beauty’ Tiffany
LVMH Chairman Bernard Arnault said sales at Tiffany & Co. increased in the most recent quarter and the jeweler has become ...
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