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LVMH’s CEO Bernard Arnault Does Not Deny DFS Sale

LVMH’s CEO Bernard Arnault Does Not Deny DFS Sale As Stock Slides

French luxury conglomerate LVMH saw its stock slide by more than 6% following the Tuesday evening reveal of its 2024 annual results.

Hosted on MSN · 14h

LVMH CEO Bernard Arnault came up with a new way to describe layoffs: being ‘promoted outwards’

Following Meta’s layoffs earlier this month, Arnault, the head of the luxury goods conglomerate that controls brands like Louis Vuitton, Fendi, and Sephora, likened Meta CEO Mark Zuckerberg’s move to let go of low-performing workers to layoffs at Tiffany’s.

Business Insider on MSN · 20h

Bernard Arnault says laid-off Meta staff were 'promoted outwards' — and LVMH's Tiffany is doing the same

Bernard Arnault said he spoke with Mark Zuckerberg about Meta layoffs, which the LVMH boss described as workers being "promoted outwards."

LVMH drags down luxury shares

Bloomberg on MSN · 22h

LVMH’s Subdued Sales Temper Hopes for a Rapid Luxury Rebound

LVMH’s sales of fashion and leather goods declined in the fourth quarter, casting doubt on the prospects for a quick recovery in luxury demand.

Reuters on MSN · 1d

LVMH drags down luxury shares as budding hopes fade

Shares in luxury conglomerate LVMH were down in early trade on Wednesday, after the company's end-of-year report disappointed investors hoping for stronger signs of rebound from the sector bellwether.

The Financial Times · 1d

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.

14h

LVMH eyes US workshop expansion, but any shift will likely be limited

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

22h

Shares of LVMH drop 5% as full-year results throw doubt on broad luxury recovery

LVMH shares dropped as slightly better-than-expected full-year results from the world’s largest luxury company threw doubt ...

18hon MSN

LVMH Stock Drops as Results Raise Questions on Luxury Turnaround

Luxury giant LVMH eked a small gain in 2024 sales, underwhelming investors following buoyant results from rivals that ...

GlobalData on MSN21h

LVMH sees FY24 net profit slide amid economic headwinds

"LVMH sees FY24 net profit slide amid economic headwinds " was originally created and published by Retail Insight Network, a ...

LVMH Touts Good Start to 2025 but Q4 Results Underwhelm

PARIS (Reuters) - LVMH has made a good start to 2025, CEO Bernard Arnault said on Tuesday, after the luxury conglomerate ...

LVMH shares fall as sales growth fails to impress

Shares in LVMH fell in early Frankfurt trading on Wednesday, as sales growth posted by the luxury goods group failed to ...

23h

Heard on the Street: LVMH Stock Price Drops on Luxury Reality Check

Demand for high-end brands is improving but not as quickly as hoped. European luxury shares fell Wednesday in reaction to a ...

1don MSN

LVMH registra ventas moderadas; compradores aún muestran cautela

Las ventas de artículos de moda y de cuero disminuyeron en el cuarto trimestre, lo que pone en duda las perspectivas de una ...

14h

LVMH delivers concerning news about the future of alcohol

LVMH published its earnings report and the results revealed concerning news for the future of the alcoholic beverage business ...

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LVMH’s CEO Bernard Arnault Does Not Deny DFS Sale

LVMH drags down luxury shares

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