Hermes’ market value surpasses that of former suitor LVMH
Hermes’ market capitalisation surpassed that of rival LVMH, the conglomerate which tried to buy the maker of the coveted Birkin ...
Tag: LVMH
Bernard Arnault hints at leading LVMH until age 85
LVMH will seek to raise the age limit for the chief executive officer and chairman to 85 from the current ...
LVMH moves Alexandre Arnault to HQ, fueling succession talk
LVMH appointed new divisional leaders in a reshuffle that returns one of billionaire founder Bernard Arnault’s sons to the luxury ...
LVMH third-quarter sales fall 3% as China weighs
FRENCH luxury giant LVMH reported a 3 per cent fall in third-quarter sales on Tuesday (Oct 16), its first decline ...
LVMH investors jittery over anaemic China demand for European designer goods
INVESTORS in French luxury group LVMH are eager for signs that China’s new fiscal stimulus measures can finally pull wealthy ...
UK Rolex dealer buys watch site Hodinkee backed by LVMH, Tom Brady
WATCHES of Switzerland Group is buying Hodinkee, a US watch enthusiast site backed by LVMH and Tom Brady that racked ...
LVMH chief Arnault wins big on China stimulus with US$17 billion wealth surge
BERNARD Arnault entered Thursday (Sep 26) having lost more wealth this year than any other billionaire, with his luxury-goods fortune ...
LVMH sales grow 1% in second quarter, missing estimates
LVMH, the world’s biggest luxury company, posted a 1 per cent rise in organic sales in the second quarter on ...
Some investors demand change at LVMH after probe into Dior contractors
Europe’s top asset manager Amundi and other LVMH investors want the US$370 billion luxury behemoth controlled by billionaire Bernard Arnault ...
LVMH names third Tag Heuer CEO in a year in latest shakeup
LVMH named its third chief executive officer of watch brand Tag Heuer in just a year in the latest management ...
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