"It was important to avert a breakdown," the luxury magnate wrote in an opinion column in French financial daily Les Echos.

Investors are starting to call for the LVMH group to break itself apart, piling pressure on its creator Bernard Arnault.

The enigma surrounding Hermès shares worth about €14 billion ($16.2 billion) inherited by a member of the luxury goods company’s controlling family is finally seeing some glimmers of light.

The comments add a new twist to protracted legal battles over the shares’ whereabouts, which were further complicated by the ...

The slowdown in China also shifts the landscape in meaningful ways. That market was driving over 18 percent growth annually from 2019 to 2023, so with Chinese consumers pulling back, luxury brands are ...

The world's top 10 billionaires, predominantly from the US, dominate industries like technology, e-commerce, and luxury goods ...

In 2025, the world's wealthiest are dominated by American tech giants, with Elon Musk leading at $408.5 billion. These ...

Pharrell Williams and Nigo collaborated with Not A Hotel on the Japan Valley Tokyo project: a temporary park featuring a ...

Strategies for global and local campaigns, how the Paramount-Skydance merger is changing media, LVMH slips where it counts.