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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.
Hermès International SCA said it believes that Puech no longer possesses any shares in the luxury fashion house and hasn't ...
The luxury French conglomerate’s top boss has said that the agreement on a 15% levy is good “in the current context” ...
The world's top 10 billionaires, predominantly from the US, dominate industries like technology, e-commerce, and luxury goods ...
European wine and spirits look set to face a 15% tariff on entry to the US from next month, EU officials and diplomats have ...
The comments add a new twist to protracted legal battles over the shares’ whereabouts, which were further complicated by the ...
Investors are starting to call for the LVMH group to break itself apart, piling pressure on its creator Bernard Arnault.
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 ...
The European Union is pushing to get more exemptions from the 15% tariff agreed with the US this week, with wines and spirits ...
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