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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 considers widening US footprint as CEO Arnault expresses France fatigue
By Tassilo Hummel, Mimosa Spencer PARIS (Reuters) -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.
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.
20h
LVMH CEO Bernard Arnault takes swing at French government tax plan
Government spokesperson Sophie Primas replied saying that 'everybody must do their bit,' although she conceded that she ...
3d
on MSN
LVMH's Arnault family faces off-pitch challenges at new Paris soccer club
French billionaire Bernard Arnault's family is struggling to secure a deal on a much-needed new stadium for its recently ...
Politico Europe
1d
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 ...
2d
Billionaire Arnault sees optimism in US after attending Trump inauguration
There’s a different mood” between the two countries, said the French billionaire. Read more at straitstimes.com.
2d
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.
1d
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 ...
2d
on MSN
Bernard Arnault says LVMH has woken up ‘sleeping beauty’ Tiffany
LVMH acquired Tiffany about four years ago for US$16 billion. The LVMH chairman said Tiffany has laid off some employees ...
devdiscourse
3d
Stadium Struggles: Arnault Family's Paris FC Dream in Limbo
The Arnault family is facing hurdles in securing a stadium for Paris FC, following its acquisition of the club. Negotiations with Stade Francais over the Jean-Bouin stadium have stalled due to ...
1d
French government: LVMH is pride of country but we understand Arnault's anger
Luxury goods giant LVMH is the pride of France, but the government nevertheless understands the anger expressed by LVMH boss ...
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