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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.

Hosted on MSN · 14h

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.

MarketWatch on MSN · 1d

Bernard Arnault slides down to world’s fifth-richest person after LVMH disappointment

Bernard Arnault lost a spot in the billionaire rankings after LVMH Moet Hennessy posted results that weren’t as strong as some luxury-goods rivals.

LVMH drags down luxury shares

Bloomberg on MSN · 22h

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 in luxury demand.

Reuters on MSN · 1d

LVMH drags down luxury shares as budding hopes fade

Shares in luxury conglomerate LVMH were down in early trade on Wednesday, after the company's end-of-year report disappointed investors hoping for stronger signs of rebound from the sector bellwether.

The Financial Times · 1d

LVMH sales growth raises hope for end to luxury downturn

LVMH defied expectations and increased sales in its most recent quarter thanks to a buoyant US economy and resilience in Europe, raising optimism that the worst of the downturn in the luxury goods market has passed.

15h

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 ...

17h

Inside LVMH Watch Week: Execs Sound Off on the Future

Over two days of schmoozing with executives employed by one of the most powerful groups in the industry, here are the ...

1d

LVMH Touts Good Start to 2025 but Q4 Results Underwhelm

PARIS (Reuters) - LVMH has made a good start to 2025, CEO Bernard Arnault said on Tuesday, after the luxury conglomerate ...

GlobalData on MSN22h

LVMH sees FY24 net profit slide amid economic headwinds

"LVMH sees FY24 net profit slide amid economic headwinds " was originally created and published by Retail Insight Network, a ...

10h

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 ...

23h

Heard on the Street: LVMH Stock Price Drops on Luxury Reality Check

Demand for high-end brands is improving but not as quickly as hoped. European luxury shares fell Wednesday in reaction to a ...

1d

LVMH shares fall as sales growth fails to impress

Shares in LVMH fell in early Frankfurt trading on Wednesday, as sales growth posted by the luxury goods group failed to ...

15h

LVMH delivers concerning news about the future of alcohol

LVMH published its earnings report and the results revealed concerning news for the future of the alcoholic beverage business ...

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