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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 world's top 10 billionaires, predominantly from the US, dominate industries like technology, e-commerce, and luxury goods ...
The comments add a new twist to protracted legal battles over the shares’ whereabouts, which were further complicated by the ...
Bernard Arnault’s company owns some of the world’s best known luxury brands, and it made him, at one time, the richest person ...
"It was important to avert a breakdown," the luxury magnate wrote in an opinion column in French financial daily Les Echos.
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 ...
Despite his ongoing feud with US President Donald Trump, Elon Musk remains the wealthiest person on the planet. He is the ...
Luxury brands face US tariffs: declining consumption and impact on LVMH sales. Analysis of group strategies in the face of ...
Bernard Arnault (LVMH) defends the EU/US customs agreement, a necessary evil despite the exclusion of wines and spirits.
The 15% duty on US-bound goods fuels the already uncertain landscape for houses like Louis Vuitton, Gucci, Chanel, and Hermes ...
Fresh tariffs hit as the industry leans on American consumers, with China sputtering and global sales falling.
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