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LVMH will focus on its biggest, best known alcohol brands and rein in international ambitions for smaller labels to revive ...
LVMH group's wine and spirits business Moet Hennessy will shrink its workforce by more than 10%, about 1,200 employees, the ...
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LVMH extends Bernard Arnault’s leadership until age 85, but questions linger over the luxury giant’s unclear succession strategy.
Strategic acquisitions and the Arnault family's stock accumulation signal confidence in LVMH's long-term prospects, despite the current valuation reflecting a less optimistic outlook. For years ...
as targets benefit from LVMH's global reach, easier negotiation for retail spaces, and knowledge sharing. As in many family controlled European luxury companies, capital ownership and voting ...
Cost-cutting initiatives and sharper price architecture were among other topics discussed during the earnings calls.
Paris FC, which was recently bought by France's richest family, secured promotion to the topflight and will join Qatar-funded ...
primarily by managing its natural turnover and not filling vacant positions," LVMH said, according to the FT report. Alexandre Arnault, who has links with U.S. President Donald Trump's family, was ...
Financière Agache, the family holding company, opportunely repurchased nearly 870,000 LVMH shares and has increased its stake since the group's annual results were published on January 28.
Arnault, who is CEO, chairman and - along with his family - controlling shareholder of LVMH, built his sprawling empire spanning fashion houses, hotels and cognac through acquisitions. Chairman of ...
It's a stunning turnaround for LVMH. In October 2010 it revealed a 17% stake in Hermès and Arnault tried to persuade the family that controlled the company to sell — without success.
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