In a classic case of "the grass is greener," LVMH's Bernard Arnault is eyeing a production expansion in the US., lured by a "wind of optimism" and tax perks, while France's bureaucratic chill leaves him feeling like he just stepped out of a sauna into a snowstorm.
In 2024, amid an uncertain environment, LVMH showed strong resilience. This capacity to weather the storm in highly turbulent times – already illustrated on many occasions throughout our Group’s history – is yet another testament to the strength and relevance of our strategy.
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 pair of surprise billionaire appearances at the event attended by a cadre of moguls worth well over $1 trillion.
The Meta and Tesla CEOs have added around $9 billion and $7 billion to their respective fortunes in just over two weeks, respectively. Arnault's net worth soared on Thursday as LVMH stock surged 9 ...
A who's who of tech titans, business magnates, and global elites attended President Donald Trump’s 2025 inauguration, including Musk, Bezos, and Zuckerberg.
Global markets will focus on central bank rate decisions and earnings from US tech giants, alongside major European corporate quarterly results. View on euronews
I’m not going to report record revenue, but it was nonetheless a robust year," CEO Bernard Arnault said during the earnings call.
LVMH Dumps Stella McCartney Stake--Is the Luxury Giant Bracing for More Cuts?
The "Magnificent 7" are set to dominate earnings focus in the coming week, as five of these tech giants are due to report, though there are still a number of other big names releasing results. Tesla (TSLA),
Diageo , the world's top spirits maker, is exploring a potential spin-off or sale of beer brand Guinness and is reviewing its stake in LVMH's drinks unit, Moet Hennessy, Bloomberg News reported on Friday,
The week ahead promises market volatility as the U.S. Federal Reserve, European Central Bank (ECB), and Bank of Canada hold their first meetings of 2025. Investor attention is on the Feds anticipated pause in rate
Global stock markets were pulled in different directions on Friday as investors weighed corporate earnings, economic data and US President Donald Trump's policies.