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How Bernard Arnault of LVMH Moet Hennessy Louis Vuitton Lost $1.7 Billion

Bernard Arnault's wealth decreased by $1.7 billion due to disappointing LVMH earnings, highlighting challenges in the luxury market.

Bernard Arnault's LVMH is gearing up to extend his reign

LVMH proposes increasing the chairman and CEO age limit from 80 to 85 for Bernard Arnault to extend his leadership tenure.

Bernard Arnault looks to extend LVMH leadership until he's 85

Arnault is seeking a change in rules to extend his tenure at LVMH until age 85 for better stability.

The musical chairs of succession at LVMH continue - this time with Bernard Arnault's 29-year-old son

Bernard Arnault has appointed his son, Frédéric, as CEO of Loro Piana to continue the family's influence in LVMH leadership.

Former French spy chief sentenced to four years in influence-peddling trial

Squarcini appeals a court ruling related to intelligence misuse, while LVMH's Arnault denies involvement in alleged protective schemes.

LVMH's Bernard Arnault got a letter from 93-year-old Warren Buffett saying he was making a mistake by upping his retirement age to only 80

LVMH faces future succession speculation, as founder Bernard Arnault continues to lead the company, planning to extend his tenure.

How Bernard Arnault of LVMH Moet Hennessy Louis Vuitton Lost $1.7 Billion

Bernard Arnault's wealth decreased by $1.7 billion due to disappointing LVMH earnings, highlighting challenges in the luxury market.

Bernard Arnault's LVMH is gearing up to extend his reign

LVMH proposes increasing the chairman and CEO age limit from 80 to 85 for Bernard Arnault to extend his leadership tenure.

Bernard Arnault looks to extend LVMH leadership until he's 85

Arnault is seeking a change in rules to extend his tenure at LVMH until age 85 for better stability.

The musical chairs of succession at LVMH continue - this time with Bernard Arnault's 29-year-old son

Bernard Arnault has appointed his son, Frédéric, as CEO of Loro Piana to continue the family's influence in LVMH leadership.

Former French spy chief sentenced to four years in influence-peddling trial

Squarcini appeals a court ruling related to intelligence misuse, while LVMH's Arnault denies involvement in alleged protective schemes.

LVMH's Bernard Arnault got a letter from 93-year-old Warren Buffett saying he was making a mistake by upping his retirement age to only 80

LVMH faces future succession speculation, as founder Bernard Arnault continues to lead the company, planning to extend his tenure.

morebernard-arnault

#bernard-squarcini

France's Ex-Intelligence Chief Convicted in Influence Peddling Trial Involving LVMH

Former intelligence chief Bernard Squarcini convicted for abusing power to assist LVMH; received a four-year prison sentence.

Former French security agency head is in court for allegedly spying for LVMH billionaire Bernard Arnault

Former intelligence chief faces trial for allegedly using public office for private gain, particularly regarding ties with billionaire Bernard Arnault.

France's Ex-Intelligence Chief Convicted in Influence Peddling Trial Involving LVMH

Former intelligence chief Bernard Squarcini convicted for abusing power to assist LVMH; received a four-year prison sentence.

Former French security agency head is in court for allegedly spying for LVMH billionaire Bernard Arnault

Former intelligence chief faces trial for allegedly using public office for private gain, particularly regarding ties with billionaire Bernard Arnault.

morebernard-squarcini

#luxury-watches

Tiffany's Watch Director Streamlines Its Collections

Tiffany & Company aims to revive its watchmaking heritage while expanding its brand presence in the luxury watch market.

L'Epee 1839 unveils transparent watch box to showcase your precious timepiece - Yanko Design

LVMH Watch Week highlights innovative releases, including the L'Epée transparent watch box that elegantly elevates and showcases timepieces.

Tiffany's Watch Director Streamlines Its Collections

Tiffany & Company aims to revive its watchmaking heritage while expanding its brand presence in the luxury watch market.

L'Epee 1839 unveils transparent watch box to showcase your precious timepiece - Yanko Design

LVMH Watch Week highlights innovative releases, including the L'Epée transparent watch box that elegantly elevates and showcases timepieces.

moreluxury-watches

Bernard Arnault says laid-off Meta staff were 'promoted outwards' - and LVMH's Tiffany is doing the same

Arnault linked Tiffany layoffs to Meta cuts, labeling Meta staff reductions as being "promoted outwards."

Louvre seeks 1bn for restoration, unions hit back

The Louvre is overcrowded and in need of extensive renovations to preserve its collections.

#fashion-industry

Kim Jones Leaving Fendi

LVMH announces Kim Jones' departure from Fendi amidst significant leadership changes in the fashion industry, pointing to ongoing turbulence and brand re-alignments.

Louis Vuitton owner LVMH reports surprise sales drop amid China slowdown

LVMH's unexpected third-quarter sales drop reflects challenges in the luxury goods market, particularly related to China's economic slowdown.

Designers afraid' of getting on Trump's wrong side and still put Melania in that hat

Fashion industry reactions to Trump's presidency show a divide between big brands aligning with power and independent labels opposing him.

The real issue was not the hat: What Melania Trump's inauguration outfit says about trade and geopolitics

Dior's press release announcing Melania Trump's attire signifies a shift in the fashion industry's political stance.

Forget the Rumor Mill. Dior Had Some Really Great Clothes.

Kim Jones' Dior show symbolizes the pressures of fashion design, reflecting on uncertainty and challenges faced in the luxury industry.

Kim Jones Leaving Fendi

LVMH announces Kim Jones' departure from Fendi amidst significant leadership changes in the fashion industry, pointing to ongoing turbulence and brand re-alignments.

Louis Vuitton owner LVMH reports surprise sales drop amid China slowdown

LVMH's unexpected third-quarter sales drop reflects challenges in the luxury goods market, particularly related to China's economic slowdown.

Designers afraid' of getting on Trump's wrong side and still put Melania in that hat

Fashion industry reactions to Trump's presidency show a divide between big brands aligning with power and independent labels opposing him.

The real issue was not the hat: What Melania Trump's inauguration outfit says about trade and geopolitics

Dior's press release announcing Melania Trump's attire signifies a shift in the fashion industry's political stance.

Forget the Rumor Mill. Dior Had Some Really Great Clothes.

Kim Jones' Dior show symbolizes the pressures of fashion design, reflecting on uncertainty and challenges faced in the luxury industry.

morefashion-industry

Diageo said to be exploring a potential spin-off or sale of Guinness

Diageo is considering a spin-off or sale of Guinness, valued above $10 billion, due to increased demand and changing market dynamics.

Olympic Medals From Paris Games Are Falling Apart. LVMH Has Fallen Silent.

LVMH's sponsorship of the Paris Olympics was overshadowed by quality issues with the medals designed by its subsidiary, affecting numerous athletes.

#luxury-goods

Luxury fashion's audit system is missing glaring environmental and social violations

LVMH's Dior production face scrutiny over inadequate safety inspections in supply chains, highlighting a lack of rigorous oversight.

Bernard Arnault, the world's richest person, appoints son to CEO role at LVMH amid leadership shake-up

Alexandre Arnault is set to become Deputy CEO of Moët Hennessy in February 2025 as part of a restructuring at LVMH.

Unachievable sales targets, lower commissions and more competition: How LVMH's $16 billion bet on Tiffany's has fallen short

LVMH's $16 billion acquisition of Tiffany & Co. faces challenges with unmet sales targets and staff departures under Arnault's ownership.

Analysis of Hermes: The undisputed master of luxury - London Business News | Londonlovesbusiness.com

Hermès remains a strong player in the luxury market despite challenges faced by competitors, showcasing its business resilience and effective governance.

LVMH analysis: A buying opportunity despite deteriorating fundamentals - London Business News | Londonlovesbusiness.com

LVMH and other luxury companies face significant challenges due to economic conditions, particularly in the crucial Chinese market.

This expensive luggage may be key to LVMH's future - here's how Rimowa's CEO plans to keep growing

Rimowa remains a standout in luxury luggage, blending heritage and modern expansion with a dedicated customer base.

Luxury fashion's audit system is missing glaring environmental and social violations

LVMH's Dior production face scrutiny over inadequate safety inspections in supply chains, highlighting a lack of rigorous oversight.

Bernard Arnault, the world's richest person, appoints son to CEO role at LVMH amid leadership shake-up

Alexandre Arnault is set to become Deputy CEO of Moët Hennessy in February 2025 as part of a restructuring at LVMH.

Unachievable sales targets, lower commissions and more competition: How LVMH's $16 billion bet on Tiffany's has fallen short

LVMH's $16 billion acquisition of Tiffany & Co. faces challenges with unmet sales targets and staff departures under Arnault's ownership.

Analysis of Hermes: The undisputed master of luxury - London Business News | Londonlovesbusiness.com

Hermès remains a strong player in the luxury market despite challenges faced by competitors, showcasing its business resilience and effective governance.

LVMH analysis: A buying opportunity despite deteriorating fundamentals - London Business News | Londonlovesbusiness.com

LVMH and other luxury companies face significant challenges due to economic conditions, particularly in the crucial Chinese market.

This expensive luggage may be key to LVMH's future - here's how Rimowa's CEO plans to keep growing

Rimowa remains a standout in luxury luggage, blending heritage and modern expansion with a dedicated customer base.

moreluxury-goods

#paris-fc

New owners seek Klopp's aid to transform Paris FC

The Arnault family aims to transform Paris FC into a competitive soccer club with Jürgen Klopp and Red Bull's backing.

LVMH scion lays out plan to bring Paris football club to the top

Antoine Arnault plans to transform Paris FC into a strong rival of PSG, addressing financial struggles in French football.

New owners seek Klopp's aid to transform Paris FC

The Arnault family aims to transform Paris FC into a competitive soccer club with Jürgen Klopp and Red Bull's backing.

LVMH scion lays out plan to bring Paris football club to the top

Antoine Arnault plans to transform Paris FC into a strong rival of PSG, addressing financial struggles in French football.

moreparis-fc

Bernard Arnault's son Alexandre is climbing the ranks as new deputy of Moet Hennessy. Here's what it means for LVMH's succession plan

Alexandre Arnault will take a leadership role at Moët Hennessy, reflecting LVMH's focus on preparing the next generation of leaders.

#luxury-market

Hermes boss doesn't like the company being compared to LVMH

Hermès aims for distinct luxury positioning and growth, not merely surpassing competitors like LVMH.

LVMH had a bloodbath of an earnings. But its CFO is convinced becoming more affordable isn't the answer

LVMH is facing challenges with a 3% revenue drop, emphasizing commitment to luxury branding rather than discounts.

Hermes boss doesn't like the company being compared to LVMH

Hermès aims for distinct luxury positioning and growth, not merely surpassing competitors like LVMH.

LVMH had a bloodbath of an earnings. But its CFO is convinced becoming more affordable isn't the answer

LVMH is facing challenges with a 3% revenue drop, emphasizing commitment to luxury branding rather than discounts.

moreluxury-market

Japan shares fall on weak chip market outlook while LVMH sales drop drags Europe down

The semiconductor market recovery is weak outside the AI sector, leading to declines in shares, particularly in Japan.

#sponsorship

LVMH made a huge splash in its first big Olympics push. The retail giant should do it again, a luxury expert says.

LVMH's investment in the 2024 Paris Olympics is set to enhance brand visibility and establish luxury connections, offering a major marketing advantage.

LVMH signs major sponsorship deal with F1, replacing Rolex

LVMH signs major $1 billion sponsorship deal with Formula One, taking over from Rolex, highlighting its expansion in sports investment.

The deal marks a strategic shift in Formula One's branding, as LVMH aims to leverage the sport's growing popularity.

Luxury brands flex: How athletes have become a surefire fashion statement

LVMH allocates around 1% of profits, approximately $163 million, for premium sponsorship at Paris 2024 Olympics emphasizing values over money.

LVMH made a huge splash in its first big Olympics push. The retail giant should do it again, a luxury expert says.

LVMH's investment in the 2024 Paris Olympics is set to enhance brand visibility and establish luxury connections, offering a major marketing advantage.

LVMH signs major sponsorship deal with F1, replacing Rolex

LVMH signs major $1 billion sponsorship deal with Formula One, taking over from Rolex, highlighting its expansion in sports investment.

The deal marks a strategic shift in Formula One's branding, as LVMH aims to leverage the sport's growing popularity.

Luxury brands flex: How athletes have become a surefire fashion statement

LVMH allocates around 1% of profits, approximately $163 million, for premium sponsorship at Paris 2024 Olympics emphasizing values over money.

moresponsorship

LVMH is investing in $2,000 ski jacket maker Moncler

LVMH has purchased a 10% stake in Moncler CEO's investment vehicle, marking a strategic partnership to bolster Moncler's market position.

Exclusive | Sephora polishing up plans to open new store near High Line: sources

Sephora is set to open a new flagship store near the High Line, reinforcing its presence in New York City.

Tiffany is shrinking its China flagship store by half as luxury spending collapses

Tiffany & Co. is downsizing its Shanghai flagship store amid declining luxury sales in China.

The move reflects broader economic challenges impacting global luxury brands.

Beyonce Reveals Whisky Brand, SirDavis, Inspired by Family Roots

Beyoncé launches SirDavis whisky, paying homage to her great-grandfather and combining American, Japanese, and Scottish influences for a unique flavor profile.

#sustainability

How LVMH Stamped Its Mark on the Paris 2024 Olympic Games

LVMH is the premium partner for the Paris 2024 Olympic Games, showcasing dedication to high-level sports and sustainability through luxury collaborations.

The top four most valuable brands in the wine and champagne sector - London Business News | Londonlovesbusiness.com

LVMH dominates the wine and champagne sectors with the top four brands in 2024, reflecting strong brand value despite rising competition.],

How LVMH Stamped Its Mark on the Paris 2024 Olympic Games

LVMH is the premium partner for the Paris 2024 Olympic Games, showcasing dedication to high-level sports and sustainability through luxury collaborations.

The top four most valuable brands in the wine and champagne sector - London Business News | Londonlovesbusiness.com

LVMH dominates the wine and champagne sectors with the top four brands in 2024, reflecting strong brand value despite rising competition.],

Brands from Starbucks to LVMH are really hurting in one big market

Starbucks, LVMH, and L'Oreal faced challenges in China due to reduced consumer spending.

Chinese consumers are prioritizing saving and spending on experiences over products.

Starbucks plans to open more stores in suburban areas in response to declining sales.

LVMH is waiting for China's consumers to shop at home

Despite economic challenges in China, LVMH continues to target Chinese luxury consumers through marketing efforts.

Chinese luxury consumers are redirecting their spending to Japan due to the weak yen, impacting LVMH's revenue in Asia ex-Japan.

LVMH's wine, champagne and handbags still can't win back budget-tight Chinese consumers rationing their luxury purchases

Luxury industry has faced challenges recently, including the pandemic, affordability crisis, and sluggish demand from Chinese shoppers.

Hammerson divests 1.5bn stake in Bicester Village and other European outlets

Hammerson sells its stake in Value Retail to LVMH and L Catterton for £1.5 billion, focusing on core assets.

Critics question unveiled Olympic uniforms for France: Are sleeves just for men?'

People criticize Team France's 2024 Olympic outfits by LVMH and Berluti for featuring sleeveless tuxedos for women, sparking online controversy.

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#lvmh#lvmh

Jonathan Anderson Is Leaving Loewe After Rampant Rumors

Swedish Brand Our Legacy Gets a Big Investment from LVMH

Jonathan Anderson Is Leaving Loewe After Rampant Rumors

Swedish Brand Our Legacy Gets a Big Investment from LVMH

How Bernard Arnault of LVMH Moet Hennessy Louis Vuitton Lost $1.7 Billion

Bernard Arnault's LVMH is gearing up to extend his reign

Bernard Arnault looks to extend LVMH leadership until he's 85

The musical chairs of succession at LVMH continue - this time with Bernard Arnault's 29-year-old son

Former French spy chief sentenced to four years in influence-peddling trial

LVMH's Bernard Arnault got a letter from 93-year-old Warren Buffett saying he was making a mistake by upping his retirement age to only 80

How Bernard Arnault of LVMH Moet Hennessy Louis Vuitton Lost $1.7 Billion

Bernard Arnault's LVMH is gearing up to extend his reign

Bernard Arnault looks to extend LVMH leadership until he's 85

The musical chairs of succession at LVMH continue - this time with Bernard Arnault's 29-year-old son

Former French spy chief sentenced to four years in influence-peddling trial

LVMH's Bernard Arnault got a letter from 93-year-old Warren Buffett saying he was making a mistake by upping his retirement age to only 80

France's Ex-Intelligence Chief Convicted in Influence Peddling Trial Involving LVMH

Former French security agency head is in court for allegedly spying for LVMH billionaire Bernard Arnault

France's Ex-Intelligence Chief Convicted in Influence Peddling Trial Involving LVMH

Former French security agency head is in court for allegedly spying for LVMH billionaire Bernard Arnault

Tiffany's Watch Director Streamlines Its Collections

L'Epee 1839 unveils transparent watch box to showcase your precious timepiece - Yanko Design

Tiffany's Watch Director Streamlines Its Collections

L'Epee 1839 unveils transparent watch box to showcase your precious timepiece - Yanko Design

Bernard Arnault says laid-off Meta staff were 'promoted outwards' - and LVMH's Tiffany is doing the same

Louvre seeks 1bn for restoration, unions hit back

Kim Jones Leaving Fendi

Louis Vuitton owner LVMH reports surprise sales drop amid China slowdown

Designers afraid' of getting on Trump's wrong side and still put Melania in that hat

The real issue was not the hat: What Melania Trump's inauguration outfit says about trade and geopolitics

Forget the Rumor Mill. Dior Had Some Really Great Clothes.

Kim Jones Leaving Fendi

Louis Vuitton owner LVMH reports surprise sales drop amid China slowdown

Designers afraid' of getting on Trump's wrong side and still put Melania in that hat

The real issue was not the hat: What Melania Trump's inauguration outfit says about trade and geopolitics

Forget the Rumor Mill. Dior Had Some Really Great Clothes.

Diageo said to be exploring a potential spin-off or sale of Guinness

Olympic Medals From Paris Games Are Falling Apart. LVMH Has Fallen Silent.

Luxury fashion's audit system is missing glaring environmental and social violations

Bernard Arnault, the world's richest person, appoints son to CEO role at LVMH amid leadership shake-up

Unachievable sales targets, lower commissions and more competition: How LVMH's $16 billion bet on Tiffany's has fallen short

Analysis of Hermes: The undisputed master of luxury - London Business News | Londonlovesbusiness.com

LVMH analysis: A buying opportunity despite deteriorating fundamentals - London Business News | Londonlovesbusiness.com

This expensive luggage may be key to LVMH's future - here's how Rimowa's CEO plans to keep growing

Luxury fashion's audit system is missing glaring environmental and social violations

Bernard Arnault, the world's richest person, appoints son to CEO role at LVMH amid leadership shake-up

Unachievable sales targets, lower commissions and more competition: How LVMH's $16 billion bet on Tiffany's has fallen short

Analysis of Hermes: The undisputed master of luxury - London Business News | Londonlovesbusiness.com

LVMH analysis: A buying opportunity despite deteriorating fundamentals - London Business News | Londonlovesbusiness.com

This expensive luggage may be key to LVMH's future - here's how Rimowa's CEO plans to keep growing

New owners seek Klopp's aid to transform Paris FC

LVMH scion lays out plan to bring Paris football club to the top

New owners seek Klopp's aid to transform Paris FC

LVMH scion lays out plan to bring Paris football club to the top

Bernard Arnault's son Alexandre is climbing the ranks as new deputy of Moet Hennessy. Here's what it means for LVMH's succession plan

Hermes boss doesn't like the company being compared to LVMH

LVMH had a bloodbath of an earnings. But its CFO is convinced becoming more affordable isn't the answer

Hermes boss doesn't like the company being compared to LVMH

LVMH had a bloodbath of an earnings. But its CFO is convinced becoming more affordable isn't the answer

Japan shares fall on weak chip market outlook while LVMH sales drop drags Europe down

LVMH made a huge splash in its first big Olympics push. The retail giant should do it again, a luxury expert says.

LVMH signs major sponsorship deal with F1, replacing Rolex

Luxury brands flex: How athletes have become a surefire fashion statement

LVMH made a huge splash in its first big Olympics push. The retail giant should do it again, a luxury expert says.

LVMH signs major sponsorship deal with F1, replacing Rolex

Luxury brands flex: How athletes have become a surefire fashion statement

LVMH is investing in $2,000 ski jacket maker Moncler

Exclusive | Sephora polishing up plans to open new store near High Line: sources

Tiffany is shrinking its China flagship store by half as luxury spending collapses

Beyonce Reveals Whisky Brand, SirDavis, Inspired by Family Roots

How LVMH Stamped Its Mark on the Paris 2024 Olympic Games

The top four most valuable brands in the wine and champagne sector - London Business News | Londonlovesbusiness.com

How LVMH Stamped Its Mark on the Paris 2024 Olympic Games

The top four most valuable brands in the wine and champagne sector - London Business News | Londonlovesbusiness.com

Brands from Starbucks to LVMH are really hurting in one big market

LVMH is waiting for China's consumers to shop at home

LVMH's wine, champagne and handbags still can't win back budget-tight Chinese consumers rationing their luxury purchases

Hammerson divests 1.5bn stake in Bicester Village and other European outlets

Critics question unveiled Olympic uniforms for France: Are sleeves just for men?'

#lvmh
#lvmh