(Bloomberg) -- Bernauld Arnault is having a bad week. Voters in Beverly Hills, synonymous with wealth and extravagance, are pushing back against the city council’s approval of the first US...
Bernard Arnault is worth an estimated $177.7 billion, according to the Bloomberg Billionaires Index.
Investing.com -- Stocks are falling as uncertainty over a resolution to the debt ceiling weighed on sentiment. Here are the market movers for May 23. AutoZone Inc (NYSE:AZO) shares fell 6.3%...
Investing.com -- Shares in Burberry Group PLC (LON:BRBY) fell in mid-morning trading on Thursday after the luxury fashion brand reported a quarterly slowdown in sales in the Americas...
Investing.com -- Shares in Richemont (SIX:CFR) touched a new high on Friday after the luxury group {{erl-318||posted better-than-expected sales and profit in its 2023 financial year...
World richest person and CEO of LVMH, Bernard Arnault evaluates his five children during family lunches to identify the next successor to his vast empire, according to a report by Wall...
Investing.com -- The market value of LVMH Moet Hennessy Louis Vuitton SE (EPA:LVMH) climbed to $500 billion at one point on Monday, making it the first European company to touch this...
(Bloomberg) -- LVMH’s market value surpassed $500 billion, becoming the first European company to reach that milestone, thanks to booming sales of luxury goods in China and a strengthening...
Luxury goods giant LVMH on Monday became the first European company to surpass $500 billion in market value.
Earlier this year, Bernard Arnault had brushed away questions about his succession with a joke.
Any investor who wants to stay up-to-date needs to follow the news around the other major companies in the sector in which they're invested.
By Peter Nurse Investing.com - Shares in LVMH Moët Hennessy Louis Vuitton SE (EPA:LVMH), the world’s largest luxury firm, soared in early European trade Thursday after it reported...
By Scott Kanowsky Investing.com -- As markets count down to the much anticipated release of March inflation data, investors eye the Federal Reserve's future interest rate path, while gold...
By Peter Nurse Investing.com - European stock markets are expected to open largely unchanged Wednesday amid nervous caution ahead of the monthly U.S. inflation report, which could guide...
Americans fork over more than $100 billion annually on their pets. How much is too much?
By Oliver Gray Investing.com - U.S. stock futures were trading in a tight range during Monday's evening deals, following a mostly positive session among major benchmark indices as market...
The record growth in the net worth of the world's richest man came after shares of the French LVMH luxury goods empire hit an all-time high this week.
By Scott Kanowsky Investing.com -- Shares in Moncler SpA (BIT:MONC) surged by as much as 8.5% on Wednesday after the Italian fashion house reported better-than-expected annual income and...
By Scott Kanowsky Investing.com -- Hermès International SCA (EPA:HRMS) posted better-than-anticipated sales in the fourth quarter as demand in China remained resilient despite the...
By Geoffrey Smith Investing.com -- Stocks in focus in premarket trade on Friday, 27th January. Please refresh for updates. Intel (NASDAQ:INTC) stock slumped 9.8% after the chipmaker...
By Scott Kanowsky Investing.com -- European equities rallied on Friday, as investors looked ahead to fresh U.S. inflation numbers following the release of stronger-than-anticipated growth...
By Liz MoyerInvesting.com -- LVMH Moet Hennessy Louis Vuitton SE (LVMH) reported a 23% gain in revenue and profit from recurring operations for last year as the maker of luxury fashion, fine...
By Liz Moyer Investing.com -- LVMH Moet Hennessy Louis Vuitton SE (EPA:LVMH) reported a 23% gain in revenue and profit from recurring operations for last year as the maker of luxury fashion,...
By Scott Kanowsky Investing.com -- Fashion giant LVMH Moët Hennessy Louis Vuitton SE (EPA:LVMH) has announced that Pietro Beccari will become the new chairman and chief executive officer of...
By Scott Kanowsky Investing.com -- Shares in European luxury firms moved higher after China said that it will slightly relax some of its COVID-19 rules for overseas travelers and close...
By Peter Nurse Investing.com - European stock markets traded higher Friday, continuing the positive tone generated by the softer-than-expected U.S. inflation, even as growth data pointed to...
By Scott Kanowsky Investing.com -- Shares in Hermès International SCA (EPA:HRMS) climbed on Thursday after the luxury products retailer posted a sharp rise in third-quarter sales and laid...
By Geoffrey Smith Investing.com -- Stocks in focus in premarket trade on Wednesday, 12th October. Please refresh for updates. PepsiCo (NASDAQ:PEP) stock rose 2.5% after the drinks and...
LVMH 3Q Fashion & Leather Organic Sales +22%, Est. +16.2%- Bloomberg
By Scott Kanowsky Investing.com -- European retail companies are expected to post earnings well below estimates over the next two years, according to analysis from Berenberg. In a note, the...
By Sam Boughedda LVMH (OTC:LVMUY) reported earnings for the first half of the year on Tuesday, with revenue climbing 21% year over year. The luxury goods company described its first half as...
LVMH (LVMUY (OTC:LVMUY)) recorded revenue of €36.7 billion in the first half of 2022, up 28% compared to the same period in 2021. Organic revenue growth was 21%. All business groups achieved...
By Geoffrey Smith Investing.com -- Here is a selection of stocks in focus in premarket trading on Tuesday, 15th March. Please refresh for updates. Tesla (NASDAQ:TSLA) stock edged up 0.4%...
By Geoffrey Smith Investing.com -- Big Tech reports in the shape of Apple (NASDAQ:AAPL), Amazon (NASDAQ:AMZN), Alphabet (NASDAQ:GOOGL) and Facebook (NASDAQ:FB); the U.S. will publish...
(Bloomberg) -- Companies with a higher presence of female executives have historically rewarded their equity investors with better performance, said Goldman Sachs Group Inc (NYSE:GS)....
Investing – Stocks started Thanksgiving week with a solid rally Monday, the second in two trading sessions, led by technology and health stocks.The rally saw the Dow Jones industrials,...
Investing.com - Stocks in focus in premarket trading on Monday:• Uber (NYSE:UBER) stock fell 4% in premarket trade by 8:20 AM ET (13:20 GMT) after it was stripped of its London license...
Investing.com - U.S. futures rose on Monday on reports that the U.S. and China are closing in on a trade deal. Beijing-backed Global Times said that the two were “very close” to...
Investing.com - Stocks in focus in premarket trading on Monday:• Tiffany & Co (NYSE:TIF) stock surged 33% in premarket trade by 8:20 AM ET (11:20 GMT) after LVMH (OTC:LVMUY) made an...
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