The billionaires behind Tesla, Alphabet, Meta, LVMH and more saw their fortunes plunge in the billions on Wednesday following a rash of earnings reports that disappointed investors. Tesla CEO Elon ...
French luxury businessman Bernard Arnault is poised to see a significant drop in his fortune, potentially by several billion dollars. Nearly half of Arnault’s wealth is tied to his stake in LVMH-Moët ...
Bernard Arnault drew parallels between layoffs at Tiffany & Co. and job cuts at Meta on an earnings call Tuesday. The CEO of the luxury conglomerate LVMH said he talked with Mark Zuckerberg last week ...
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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 and ...
Europe’s answer to the Magnificent Seven is leaving much to be desired after two of the continent’s biggest companies, ASML Holding and LVMH Moet Hennessy, disappointed investors. Steven Goldstein is ...
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Shares of LVMH Louis Vuitoon Moet Hennessy (OTC: LVMUY) were pulling back today after the luxury conglomerate giant as investors continued to digest last week's disappointing earnings report and ...
"It's clear that we are being strongly pushed by the American authorities to continue to build out our presence," Bernard ...
Forbes contributors publish independent expert analyses and insights. Pam Danziger reports on retail, focused on the luxury consumer market. LVMH reported a challenging H1 2025, with revenues down 4% ...