Bernard Arnault, whose perch at the head of luxury goods conglomerate LVMH has made him the world’s richest non-American, just dropped an absurd new term for layoffs in the tech industry. While discussing layoffs at subsidiary Tiffany & Co.
“The golden age of America begins right now,” Trump proclaimed. For his billionaire backers, it has already begun.
He’s someone Trump really looks up to and wants to make happy,” a source said of LVMH CEO Bernard Arnault, the wealthiest man in France.
The LVMH Moët Hennessy Louis Vuitton titan had prime seating near former Presidents Bill Clinton, George Bush and Barack Obama.
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.
As the fast fashion industry becomes increasingly pervasive each year, many look for higher quality, more sustainable and more ethical alternatives. This becomes much harder when a brand claiming to emphasize craftsmanship and quality is exposed using shortcuts to save on production costs.
Here are five economic forces that could shape the first year of Trump’s presidency: Whipping inflation is easier said than done.
Explore how education shaped the world's wealthiest individuals. From Jeff Bezos' engineering degree to Elon Musk's short-lived PhD pursuit, and Mark
Billionaires like Elon Musk and Jeff Bezos owe their success to prestigious universities, shaping their paths through innovation and education.
Luxury giant LVMH is "seriously considering" bulking up its production capacities in the United States, CEO Bernard Arnault said on Tuesday, praising a "wind of optimism" in the country that contrasted with the "cold shower" of potentially higher corporate taxes in France.
Some of the hottest fashion trends right now include knee-high boots, barn jackets, denim shirts (denim anything, actually) and slouchy handbags. The Coach Brooklyn Bag went viral in 2024, with The Lyst recently crowing it as the no.