LVMH’s Bernard Arnault sees nearly $10 billion in wealth wiped out after share-price bloodbath
Bernard Arnault, the founder and CEO of the luxury powerhouse LVMH, saw his wealth drop by nearly $10 billion in a single day ...
Arnault’s $37 Billion Wealth Loss Comes as Luxury Dims in China
Eighteen months ago, LVMH shares were trading at a record high and the group’s controlling shareholder, Bernard Arnault, was ...
Louis Vuitton owner LVMH sales slump on weak China demand, shaking luxury sector
The world’s largest luxury group saw its shares tumble as much as 7.5% Wednesday morning to a two-year low before ticking ...
Irish Independent on MSN10h
China slump hits high-end fashion giant LVMH as Bernard Arnault’s fortune plummets
Eighteen months ago, LVMH shares were trading at a record high and the group's controlling shareholder, Bernard Arnault, was ...
Bootstrapping Your Unicorn: Bernard Arnault’s 7 Keys To LVMH Success
Arnault's rise from a small town to the top of global luxury is extraordinary. Here are 7 key lessons from his journey for ...
LVMH Shares Fall As Luxury Spending Slowdown Worsens
Driven by a third-quarter sales dip of 16% in the Asia Pacific region, signaling a negative outlook for the wider luxury ...
Opinion
Even Mighty LVMH Can’t Escape the Luxury Downturn
Investors have been looking to LVMH Moet Hennessy Louis Vuitton SE for a read on just how bad the luxury slump is turning out to be. On Tuesday night, they got it. And it was even worse than they’d ...
This is Money14h
Louis Vuitton and Givenchy owner LVMH crashes to a two-year low amid slowdown in the luxury sector
LVMH shares crashed to a two-year low yesterday after a dismal ... Shares have tumbled a third since a peak in April 2023 when boss Bernard Arnault was the world’s wealthiest person. The slump has ...
Bernard Arnault partners Red Bull to buy Paris FC in latest move into sport
The family of LVMH’s Bernard Arnault has teamed up with Red Bull to take over Paris FC in the second tier of French football ...
Yahoo Finance6d
Bernard Arnault Bets on Craftsmanship to Help LVMH Ride Out the Luxury Downturn
LVMH Moët Hennessy Louis Vuitton chairman and chief executive officer Bernard Arnault said on Thursday. Speaking at an event marking the 10 th anniversary of the luxury group’s Institut des ...
Business Times12h
Bernard Arnault’s US$37 billion wealth loss comes as luxury dims in China
EIGHTEEN months ago, LVMH shares were trading at a record high and the group’s controlling shareholder, Bernard Arnault, was ...
The Edge Singapore9h
Arnault’s US$37 bil wealth loss comes as luxury dims in China
China’s consumer slowdown hits high-end conglomerate LVMH; its rivals Brunello, Hermes, Kering have yet to report sales.