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 ...
What Bernard Arnault’s optimism for the U.S. could mean for LVMH’s position under ‘tariff man’ Trump
"It's clear that we are being strongly pushed by the American authorities to continue to build out our presence," Bernard ...
Bernard Arnault says laid-off Meta staff were 'promoted outwards' — and LVMH's Tiffany is doing the same
Bernard Arnault said he spoke with Mark Zuckerberg about Meta layoffs, which the LVMH boss described as workers being ...
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High Fashion is Losing High Quality
As the fast fashion industry becomes increasingly pervasive each year, many look for higher quality, more sustainable and more ethical alternatives. This becomes much harder when a brand claiming to ...
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 ...
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 ...
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5 economic forces that could shape the first year of Trump's presidency
Despite the solid job market and low 4.1% unemployment rate, he has to contend with headwinds like inflation, a budget ...
He’s emboldened, he’s organized and he’s still Trump: Takeaways from the president’s opening days
The Republican president’s decision was at odds with earlier comments by his incoming vice president, JD Vance, and other ...
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The Richest People in the World as 2024 Ends
Billionaire, businessman and the chairman and chief executive of LVMH (LVMUY), Bernard Arnault holds the crown ... to Forbes' real-time valuation. As Meta Platforms' (META) stock price skyrocketed ...