Bernard Arnault says LVMH is not relocating following backlash over his criticism of French tax hikes
Arnault, the billionaire CEO of the luxury conglomerate, had criticized proposed French tax hikes earlier this week.
Arnault Says LVMH Has No Plan to Relocate After Remarks Draw Ire
LVMH has no plans to relocate the luxury conglomerate, said Bernard Arnault, its billionaire chief executive officer, after remarks he made critical of France drew a backlash at home.