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Business News: LVMH-Owned Zenith Is Restructuring In Major Reset As Brand Plans Job Cuts And Production Drop In Shift To High-End Market
Up to half of the employees at Le Locle manufacture could lose their jobs as the brand cuts models and production in restructuring after years of financial losses.
Business News: Former AP CEO François-Henri Bennahmias Brought In As Consultant To Hublot
In a surprise move, Bennahmias will serve as a consultant at the LVMH watch brand, with Julien Tornare remaining CEO.
Medicaid changes discussed by health experts on Staten Island at NAACP town hall event
“My nurses now have to call patients who are going to the emergency department because they’re no longer being seen by their PCP...” said Zakiyah Allen, a registered nurse and clinical manager.
LVMH - The Business With A Governance Problem, Not A Succession One.
All eyes are on the largest luxury empire as the question of succession continues to dominate the business. How will the business transition from its visionary founder?
So you want to buy a sports franchise? Why entering sports ownership gives the rich a ‘very elite and exclusive club’ with great tax benefits
Increasingly, the founders and heads of companies like Home Depot, Walmart and LVMH are entering the sports world. There's a good reason for that.
EXCLUSIVE: LVMH Partners With IFM Fashion School on Research Chair in Science and Creativity
The world's biggest luxury group wants to study how creative minds engage with technology, as AI is poised to revolutionize fashion design.
LVMH Partners With IFM on Research Chair in Science and Creation
LVMH teams up with IFM to launch a research chair exploring the intersection of science, AI, and creativity in fashion design and innovation.
Bernard Arnault on Family, Business & Life Beyond Luxury
Bernard Arnault shares insights on family, business, and leadership at LVMH, revealing his views on luxury, parenting, and memorable adventures.
LVMH and Accor's Orient Express sets its sights on new tech billionaire class
Shuttling across the French and Italian Riviera, Orient Express's first giant yacht aims to attract a new class of billionaire.
Armani could split 15% stake among L'Oreal, LVMH, EssilorLuxottica, report says
Italian fashion house Giorgio Armani is considering selling its 15% stake in three equal parts following the designer's death, potentially bringing in three buyers he had selected as shareholders, a newspaper reported on Sunday.
What CEOs and execs are saying about the Iran war's impact on business
Executives such as Goldman Sachs CEO David Solomon and LVMH CFO Cécile Cabanis have made comments on how the Iran war is affecting their businesses.
Italian regulator launches probe into LVMH, Sephora for unfair commercial practices
The Italian competition authority AGCM said on Friday it had launched two investigations into LVMH-owned entities in Italy, citing unfair commercial practices linked to the premature use of adult cosmetics among minors.
Bernard Arnault started LVMH's earnings call with some dark humor
The LVMH CEO started an earnings call with, "I think we'll make it through the winter."
LVMH sells greater China retail business of its DFS group to CTG
French luxury group LVMH , the world's biggest, said on Monday that it has agreed to sell its DFS travel retail business in Hong Kong and Macau, as well as its intangible assets in greater China to China Tourism Group Duty Free Corp (CTG) , a Chinese travel retail operator.
LVMH Acquires Full Ownership of French Business Magazine, Challenges, in Media Deal
LVMH expands its media division, acquiring full ownership of French business magazine Challenges and its parent company Les Editions Croque Futur.
Bernard Arnault still isn't ready to talk about LVMH's real-life 'Succession' drama
LVMH CEO Bernard Arnault generally avoids succession talk, keeping investors guessing about future leadership at the luxury giant.