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LVMH, Bernard Arnault

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.

Forbes · 11h

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.

Business Insider on MSN · 1d

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 shares fall

Reuters · 1d

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 impress investors, following a string of strong results from rivals and recent price gains.

The Financial Times · 2d

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.

Investing.com on MSN · 1d

Luxury shares drop amid muted analyst reaction to LVMH sales growth

Investing.com - Shares in luxury firms slipped on Wednesday after sector bellwether LVMH (EPA:LVMH) posted quarterly sales growth that received a tepid reaction from analysts.

Here's Why LVMH's Q4 Earnings Aren't As Bad As They Seem

LVMH’s Q4 earnings show mixed results but resilience in key segments. Learn why LVMHF stock is a buy, with strong long-term ...

21h

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 ...

1don 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 signalled a turnaround for the sector ...

Amazon’s Prime Video Inks Lionsgate Streaming Deal, Will Get Exclusive Window on Films After First Run on Starz

Amazon's Prime Video inked a deal with Lionsgate for an exclusive streaming window on the studio's films after an initial run ...

LVMH shares set for biggest drop in over a year on fading recovery hopes

Shares in LVMH were on track for their largest drop in 14 months on Wednesday after the luxury goods group's latest sales ...

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