Heard on the Street: LVMH Stock Price Drops on Luxury Reality Check
LVMH Stock Drops as Results Raise Questions on Luxury Turnaround
LVMH sales growth raises hope for end to luxury downturn
LVMH defied expectations and increased sales in its most recent quarter thanks to a buoyant US economy and resilience in Europe, raising optimism that the worst of the downturn in the luxury goods market has passed.
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French luxury giant LVMH to shift focus to the United States
France's largest conglomerate LVMH is turning its eyes the the United States in order to avoid higher taxation in Europe. Billionaire CEO Bernard Arnault is also hoping to leverage his friendship with President Donald Trump in order to garner favorable treatment.
LVMH considers widening US footprint as CEO Arnault expresses France fatigue
By Tassilo Hummel, Mimosa Spencer PARIS (Reuters) -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.
LVMH touts good start to 2025 but Q4 results underwhelm
LVMH has made a good start to 2025, CEO Bernard Arnault said on Tuesday, after the luxury conglomerate posted a slight rise in fourth-quarter sales, though analysts cautioned it may still fall short of heightened market expectations after recent share gains.
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LVMH's Bernard Arnault ousts Larry Ellison as the world's 4th-richest person after gaining $15 billion in one day
The Meta and Tesla CEOs have added around $9 billion and $7 billion to their respective fortunes in just over two weeks, respectively. Arnault's net worth soared on Thursday as LVMH stock surged 9 ...
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Nearly $1 trillion in net worth: Tech titans gather at Trump’s inauguration
A who's who of tech titans, business magnates, and global elites attended President Donald Trump’s 2025 inauguration, including Musk, Bezos, and Zuckerberg.
Trump’s Surprise Billionaire Guests: Bernard Arnault And Mukesh Ambani Attend Inauguration Events
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.
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French luxury giant LVMH denies responsibility for rusty, deteriorating Olympic medals
French luxury conglomerate LVMH is denying reports that it is responsible for deteriorating and rusting Olympic medals that were handed out to athletes during the Summer Games in Paris last year.
Fed Meeting Today: Interest Rates Seen on Hold; Futures Tick Higher
Will the Fed keep interest rates steady, or is an adjustment incoming? The central bank announces its decision at 2 p.m. ET. Jerome Powell speaks shortly thereafter. Live updates on stocks, bonds and markets,
Stocks diverge, dollar firmer before Fed rate decision
Stock markets diverged Wednesday as attention turned away from recent turbulence in tech markets to the outlook for interest rates, with the Fed and the ECB both holding their first
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Stella McCartney label leaves LVMH, designer remains sustainability ambassador
PARIS, Jan 27 (Reuters) - Stella McCartney is repurchasing the minority stake held by LVMH in the house she founded about five years after the luxury group bought it, LVMH and Stella McCartney ...
Stocks diverge, dollar steady before Fed rate decision
Equity markets diverged Wednesday as attention turned away from recent turbulence in tech stocks to the outlook for interest rates, with the Fed and the ECB both holding their first