The plant’s problems highlight the challenges for LVMH as it attempts to build its production footprint in the U.S. to avoid ...

Michael Kors bought Versace for $2.2 billion in 2018 and named the group Capri, in a bid to take on larger European rivals ...

Luxury conglomerate LVMH is trying to clear a path that would allow billionaire Bernard Arnault to stay at the helm for nearly another decade — until he’s 85. Shareholders in the company ...

The 10 richest individuals have had some $350 billion of wealth erased this year amid the market turmoil, with only Warren Buffett in the green.

LVMH CEO Bernard Arnault, 76, apparently believes he’s got another decade of good work ahead of him. The luxury conglomerate has proposed raising the maximum age of its chairman and CEO to 85, a ...

LVMH is trying to keep Bernard Arnault, 76, in charge for nearly another decade. The company proposed changing its bylaws to raise the age limit of its chairman and CEO to 85. The luxury giant had ...