LVMH's Bernard Arnault set to overtake Mark Zuckerberg as the world's 3rd-richest person after $24 billion wealth surge
China's stimulus plans have lit a fire under LVMH stock, boosting CEO Bernard Arnault's net worth from $177 billion to $201 ...
Observer1h
Bernard Arnault’s Fortune Is Soaring on China Stimulus—LVMH’s Actual Business Is Another Story
Arnault’s good fortune is largely tied to recent economic developments in China, one of LVMH’s largest markets. Significant ...
Hermès boss doesn’t like the company being compared to archrival LVMH, which once tried to buy the Birkin bag maker
Hermès has sparred with LVMH before. Fending off the Arnault-owned luxury giant’s takeover attempt eventually led Hermès to ...
DFNI online2h
LVMH Selective Retailing Chairman & CEO Chris de Lapuente to retire
The Selective Retail Maison CEOs for Sephora, DFS Group Limited, 24S, Groupe Bon Marché, will report to Stéphane Bianchi, ...
Fashion United2h
Hermès chief rebuffs LVMH comparisons as luxury landscape shifts
While LVMH remains the largest luxury group, the shift in the landscape has seen some critics dub it the "McDonald's of ...
Benard Arnault added $6 billion to his net worth in a day after China's stimulus sparked a rally in luxury stocks
Bernard Arnault owns about half of LVMH, which includes luxury brands like Louis Vuitton, Dior, Tiffany & Co., and TAG Heuer, ...
LVMH’s Bernard Arnault faces backlash over memo banning staff contact with select media outlets
LVMH chief executive Bernard Arnault has faced criticism from French media organisations — including some he controls — over ...
LVMH’s Head of Sephora, Department Store Division to Leave
The head of LVMH’s business unit that operates the Sephora beauty chain and Parisian department stores is leaving the luxury ...