The Express Tribune47m
Mukesh Ambani's net worth tumbles by $2 billion in just one day
Gautam Adani's net worth rises $266 million, placing him 18th as Ambani drops to 15th among global billionaires.
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Product is the defense against the crisis, say LVMH and Hermès
Craftsmanship and product value are the defense against the luxury crisis. LVMH’s number one, Bernard Arnault, spoke about it ...
Prospective Paris FC takeover could transform French football landscape
France's capital city may finally be about to have a second major football club, and a challenger to Paris Saint-Germain, ...
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LVMH’s Core Fashion Division Posts First Sales Drop Since COVID-19
LVMH chairman Bernard Arnault briefly claimed the title of richest man in the world in May, according to the Bloomberg ...
LVMH executive says it would be a mistake to offer more affordable products. Here's why he's right.
While speaking during the company's third-quarter earnings call, Guiony was asked if the recent 3% year-over-year sales decline could be counteracted by offering products at lower prices to attract ...
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 ...
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 ...
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 ...
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 ...
Louis Vuitton Owner LVMH Misses Third-Quarter Revenue Expectations Amid Luxury Slowdown — 2nd Update
Louis Vuitton owner LVMH, the world's largest luxury-goods company, reported lower third-quarter revenue that missed market estimates, the latest sign of a global slowdown in demand that is plaguing ...