LVMH’s Bernard Arnault sees nearly $10 billion in wealth wiped out after share-price bloodbath
Bernard Arnault, the founder and CEO of the luxury powerhouse LVMH, saw his wealth drop by nearly $10 billion in a single day ...
Arnault’s $37 Billion Wealth Loss Comes as Luxury Dims in China
Eighteen months ago, LVMH shares were trading at a record high and the group’s controlling shareholder, Bernard Arnault, was ...
The Edge Singapore10h
Arnault’s US$37 bil wealth loss comes as luxury dims in China
China’s consumer slowdown hits high-end conglomerate LVMH; its rivals Brunello, Hermes, Kering have yet to report sales.
Louis Vuitton owner LVMH sales slump on weak China demand, shaking luxury sector
The world’s largest luxury group saw its shares tumble as much as 7.5% Wednesday morning to a two-year low before ticking ...
How Europe’s richest man took over F1 – and is now coming for football
Bernard Arnault is best known as CEO of the world’s biggest luxury group LVMH – now he’s gravitating towards Formula 1 and ...
Business Times13h
Bernard Arnault’s US$37 billion wealth loss comes as luxury dims in China
EIGHTEEN months ago, LVMH shares were trading at a record high and the group’s controlling shareholder, Bernard Arnault, was ...
Shares of Louis Vuitton Owner Drop on Anxiety About Chinese Shoppers
Weak sales in China at LVMH, the owner of Dior, Tiffany and more, sent a shudder through the luxury sector. Shares in LVMH ...
Irish Independent on MSN10h
China slump hits high-end fashion giant LVMH as Bernard Arnault’s fortune plummets
Eighteen months ago, LVMH shares were trading at a record high and the group's controlling shareholder, Bernard Arnault, was ...
LVMH sales slump in China rattles investors in luxury shares: Report
Slump in Chinese demand for Louis Vuitton bags, Dior gowns and other high-end fashion has wiped out more than €150 billion in ...
LVMH Shares Fall As Luxury Spending Slowdown Worsens
Driven by a third-quarter sales dip of 16% in the Asia Pacific region, signaling a negative outlook for the wider luxury ...
This is Money15h
Louis Vuitton and Givenchy owner LVMH crashes to a two-year low amid slowdown in the luxury sector
LVMH shares crashed to a two-year low yesterday after a dismal ... Shares have tumbled a third since a peak in April 2023 when boss Bernard Arnault was the world’s wealthiest person. The slump has ...