LVMH CEO Bernard Arnault calls Mark Zuckerberg’s move to lay off low-performing Meta employees a chance for the workers to be "promoted outwards, so to speak." If you were just laid off, you were ...

French luxury conglomerate LVMH saw its stock slide by more than 6% following the Tuesday evening reveal of its 2024 annual results.

Bernard Arnault is outpacing Elon Musk and Mark Zuckerberg in wealth gain this year after signs of a rebound in luxury demand boosted LVMH stock.

Owning a private island is arguably the ultimate symbol of wealth. A mansion or a penthouse is nice, but an island offers ...

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LVMH has no plans to relocate the luxury conglomerate, said Bernard Arnault, its billionaire chief executive officer, after remarks he made critical of France drew a backlash at home. “I’ve ...

LVMH CEO Bernard Arnault compared layoffs at Tiffany & Co. to job cuts at Meta, drawing a parallel between the two companies. Arnault revealed that he had discussed Meta’s decision to let go of ...

Profit at LVMH disappointed, even as the company lowered its overall marketing costs by 5 per cent last year. Recurring operating income dropped 14 per cent in 2024 to €19.6 billion (S$27.6 billion), ...

LVMH chief Bernard Arnault and Reliance Industries chairman Mukesh Ambani—the world’s fifth- and eighteenth-wealthiest people—attended President Donald Trump’s inauguration events Monday, marking a ...

LVMH has made a good start to 2025, CEO Bernard Arnault said on Tuesday, after the luxury bellwether reported better than expected fourth-quarter sales that will add to hopes the sector has turned a ...

LVMH CEO Bernard Arnault calls Mark Zuckerberg’s move to lay off low-performing Meta employees a chance for the workers to be "promoted outwards, so to speak." If you were just laid off ...