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 ...
LVMH’s Fall From Grace in China Rattles Luxury Investors
Eighteen months ago, LVMH shares were trading at a record high and the group’s controlling shareholder, Bernard Arnault, was ...
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.
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 MSN9h
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 ...
$56 billion meltdown: Luxury king used to be the world’s richest person
Bernard Arnault was the world’s wealthiest person last year. Since then, he has lost more money than anyone else on the list ...
The king of luxury takes $56 billion hit to tumble down rich list
Bernard Arnault was the world’s wealthiest person last year. Since then, he has lost more money than anyone else on the list ...
LVMH sales slump in China rattles investors in luxury shares: Report
Slump in Chinese demand for Louis Vuitton bags, Dior gowns and other high-end fashion has wiped out more than €150 billion in ...
Shares of Louis Vuitton Owner Drop on Anxiety About Chinese Shoppers
Weak sales in China at LVMH, the owner of Dior, Tiffany and more, sent a shudder through the luxury sector. Shares in LVMH ...
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 ...