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Louis Vuitton, Hermès, and the rest of European luxury brands increase their value by 45 billion euros due to the tariff truce between the US and ChinaThe stocks of major companies in the sector surge up to 7% after both countries have cooled down the trade war by announcing ...
Bernard Arnault's son Alexandre has been handed a daunting task: reviving LVMH's worst-performing unit, the famed Moet ...
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As LVMH extends Arnault’s reign, succession concerns still linger: here’s why investors worryIn 2022, changes were made to LVMH’s controlling structure to ensure long-term family control. Arnault restructured the family holding company, Agache SCA, stipulating that the five children ...
Bernard Arnault, the chairman and chief executive of French luxury conglomerate LVMH Moët Hennessy Louis Vuitton, saw his fortune swell ...
In 2022, when the company raised the retirement age for the CEO from 75 to 80, he made changes to the family holding company, Agache SCA, which owns a 49% stake in LVMH and controls 65% of the ...
LVMH U.S. CEO Anish Melwani expressed relief over the decline of the "quiet luxury" trend, arguing that while understated elegance has long existed within LVMH brands, the trend limited consumer ...
LVMH's US CEO, Anish Melwani, said he thinks the term "quiet luxury" may be in the past. "I think, hopefully, we're past the term quiet luxury, that was getting pretty annoying," Melwani said ...
LVMH Moët Hennessy Louis Vuitton SE engages ... Selective Retailing, and Other and Holding Companies. The Wines and Spirits segment is involved in the production and sale of champagne wines ...
In their first big internal announcement, Guiony and Alexandre said on April 30 they would cut staff at Moet Hennessy by 13% ...
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