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In a matter of just a few months, the mood among consumers of all incomes has turned from “treat yo’self” to “tread carefully.” ...
Oakmark Funds, advised by Harris Associates, released its “Oakmark International Fund” first quarter 2025 investor letter. A ...
LVMH CFO Cécile Cabanis said, “Aspirational clientele is always more vulnerable in less positive economic cycles.” ...
Investors seeking insight into the potential impact of Donald Trump’s tariffs will scrutinise any comments on the subject ...
Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.
Bernard Arnault has no succession plan, and no apparent intention of unveiling one soon. Indeed, the 76-year-old chairman and CEO of LVMH could spend another decade at the helm of the $300 billion ...
Hermes this month briefly overtook its rival LVMH in market cap. Liao Pan/China News Service/VCG via Getty Images With high profits and a reliable base of wealthy clients, LVMH (LVMHF) and Hermes ...
PARIS — Bernard Arnault, chairman and CEO of French luxury conglomerate LVMH, called on Thursday for a free trade zone between the European Union and the United States and said that unresolved ...
LVMH lost its position on Tuesday as Europe’s largest luxury company in terms of market capitalization after being overtaken by rival Hermès due to investor pessimism after disappointing first ...
PARIS (Reuters) - The year started well but worsened from March due to economic turmoil linked to tariffs, the head of French luxury group LVMH said on Thursday. Bernard Arnault also told the ...
PARIS, April 14 (Reuters) - LVMH's (LVMH.PA), opens new tab first-quarter revenue undershot expectations, as shoppers in the United States pulled back on beauty products and drinks while sales in ...