French luxury conglomerate LVMH saw its stock slide by more than 6% following the Tuesday evening reveal of its 2024 annual results.

Bernard Arnault has said LVMH has no plans to relocate the company.It follows backlash over his criticism of proposed French tax hikes.Arnault had also praised the "optimism" in the US following ...

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 ...

LVMH has no plans to relocate the luxury conglomerate, said Bernard Arnault, its billionaire chief executive officer, after remarks he made critical of France drew a backlash at home. “I’ve ...

While a trillion dollars’ worth of tech money was on prominent display at Donald Trump’s inauguration, the presence of one billionaire and his children raised more eyebrows than Lauren Sanchez ...

Les Echos-Le Parisien and other French newspapers, including publications owned by Le Monde and Le Figaro, declared in ...

Government spokesperson Sophie Primas replied saying that 'everybody must do their bit,' although she conceded that she understood his 'anger.' ...

Bernard Arnault is outpacing Elon Musk and Mark Zuckerberg in wealth gain this year after signs of a rebound in luxury demand boosted LVMH stock.

LVMH acquired Tiffany about four years ago for US$16 billion. The LVMH chairman said Tiffany has laid off some employees because they haven’t been willing to meet higher sales targets.

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LVMH CEO Bernard Arnault calls Mark Zuckerberg’s move to lay off low-performing Meta employees a chance for the workers to be "promoted outwards, so to speak." If you were just laid off ...