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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 · 17h

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.

Le Monde.fr · 1h

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 understood his 'anger.'

LVMH drags down luxury shares

Reuters on MSN · 1d

LVMH Drags Down Luxury Shares as Budding Hopes Fade

While LVMH's results "challenge the sector narrative that all luxury companies have seen the acceleration" seen at Richemont and Burberry, it reinforces the idea of a quicker recovery this year than expected in October, analysts at Deutsche Bank said in a note to clients.

NBC New York · 1d

Shares of LVMH drop 5% as full-year results throw doubt on broad luxury recovery

LVMH shares dropped as slightly better-than-expected full-year results from the world’s largest luxury company threw doubt over a broader sector recovery.

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.

2h

Here's Why LVMH's Q4 Earnings Aren't As Bad As They Seem

LVMH’s Q4 earnings show mixed results but resilience in key segments. Learn why LVMHF stock is a buy, with strong long-term ...

18h

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 ...

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 ...

20hon MSN

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 ...

23hon MSN

LVMH shares set for biggest drop in over a year on fading recovery hopes

By Mimosa Spencer and Danilo Masoni PARIS (Reuters) -Shares in LVMH were on track for their largest drop in 14 months on ...

GlobalData on MSN1d

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 ...

13h

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

LVMH mulls widening US footprint as CEO expresses France fatigue

STORY: Luxury giant LVMH is considering bulking up its production capacities in the US.CEO Bernard Arnault on Tuesday (Jan 28 ...

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