Bernard Arnault says laid-off Meta staff were 'promoted outwards' — and LVMH's Tiffany is doing the same
World’s 5th richest man Bernard Arnault coins new phrase for being fired: ‘Promoted outwards’
LVMH CEO Bernard Arnault came up with a new way to describe layoffs: being ‘promoted outwards’
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 mixed set of results from Louis Vuitton’s owner, LVMH. After [Burberry](
LVMH Considers Widening US Footprint as CEO Arnault Expresses France Fatigue
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.
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LVMH says 2025 off to good start after quarterly sales beat
PARIS, Jan 28 (Reuters) - LVMH (LVMH.PA), opens new tab has made a good start to 2025, CEO Bernard Arnault said on Tuesday, after the luxury bellwether reported better than expected fourth-quarter ...
New York Post9d
French luxury giant LVMH denies responsibility for rusty, deteriorating Olympic medals
French luxury conglomerate LVMH is denying reports that it is responsible for deteriorating and rusting Olympic medals that were handed out to athletes during the Summer Games in Paris last year.
Nvidia: The fight back begins, as earnings loom and LVMH slips
US stocks staged a recovery rally on Tuesday, hot on the heels of Monday’s sell off. Nvidia jumped by 8%, after dropping nearly 17% on Monday. This suggests that the bargain hunters are in town, although the failure to see a complete reversal of Monday’s losses could suggest a permanent loss of value for Nvidia.
LVMH reports Q4 organic revenue growth of 1%
Moet Hennessy Louis Vuitton recorded revenue of EUR 84.7B in 2024. “Growth continued, 1% on an organic basis, despite a
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LVMH considers widening US footprint as CEO Arnault expresses France fatigue
PARIS, Jan 28 (Reuters) - Luxury giant LVMH (LVMH.PA), opens new tab is "seriously considering" bulking up its production capacities in the United States, CEO Bernard Arnault said on Tuesday ...
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Why LVMH Moët Hennessy-Louis Vuitton Stock Flopped Today
The company posted declines in both frames. The fourth quarter saw LVMH book 23.9 billion euros ($25.1 billion) in total revenue, which was essentially flat year over year. Zooming out to the ...
Fed Meeting Today: Interest Rates Seen on Hold; Futures Tick Higher
Will the Fed keep interest rates steady, or is an adjustment incoming? The central bank announces its decision at 2 p.m. ET. Jerome Powell speaks shortly thereafter. Live updates on stocks, bonds and markets,
The markets: Central bank rate decisions, tech earnings, and key economic data
Global markets will focus on central bank rate decisions and earnings from US tech giants, alongside major European corporate quarterly results.
Fed Meeting Today: Interest Rates Seen on Hold; Dow Ticks Higher
The Federal Reserve announces its decision at 2 p.m. Jerome Powell speaks shortly thereafter. Live updates on stocks, bonds and markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.