LVMH shares fall as sales growth fails to impress
Shares in LVMH fell in early Frankfurt trading on Wednesday, as sales growth posted by the luxury goods group failed to ...
Designer Kim Jones bows out from LVMH's Dior menswear brand
British fashion designer Kim Jones is stepping down as artistic director for menswear at Christian Dior, the LVMH-owned label ...
LVMH CEO Bernard Arnault came up with a new way to describe layoffs: being ‘promoted outwards’
LVMH CEO Bernard Arnault calls Mark Zuckerberg’s move to lay off low-performing Meta employees a chance for the workers to be ...
Bernard Arnault says laid-off Meta staff were 'promoted outwards' — and LVMH's Tiffany is doing the same
Bernard Arnault said he spoke with Mark Zuckerberg about Meta layoffs, which the LVMH boss described as workers being ...
You won't be fired, you may be 'promoted outwards', thanks to LVMH CEO
LVMH CEO Bernard Arnault compared layoffs at Tiffany & Co. to job cuts at Meta, drawing a parallel between the two companies. Arnault revealed that he had discussed Meta’s decision to let go of ...
Mark Zuckerberg is $40 billion richer this year on Meta's winning streak
Meta CEO Mark Zuckerberg has added more to his net wealth this year than any other billionaire, and is just $12 billion ...
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Sephora announces first Yorkshire store as part of UK retail expansion plan
The LVMH-owned beauty retailer’s ninth UK store will open in Sheffield’s Meadowhall shopping centre this summer as it ...
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LVMH CEO Bernard Arnault came up with a new way to describe layoffs: being ‘promoted outwards’
"Unfortunately, we were not able to keep everyone." LVMH is just the latest example of a company using jargon to describe layoffs. An Amazon manager revealed to Business Insider the company someti ...
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From Elon Musk to Mark Zuckerberg: Zodiac signs of world’s richest people
Billionaires have a significant influence on the world’s economy, politics and charitable activities.We already know the ...
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LVMH mulls widening US footprint as CEO expresses France fatigue
Luxury giant LVMH is "seriously considering" bulking up its production capacities in the United States, CEO Bernard Arnault said on Tuesday, praising a "wind of optimism" in the country that ...
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Bernard Arnault says laid-off Meta staff were 'promoted outwards' — and LVMH's Tiffany is doing the same
The CEO of the luxury conglomerate LVMH said he talked with Mark Zuckerberg ... attempt to maintain the morale of remaining employees. Amazon often describes layoffs as "unregretted attrition ...
Nvidia: The fight back begins, as earnings loom and LVMH slips
US stocks staged a recovery rally on Tuesday, hot on the heels of Monday’s sell off. Nvidia jumped by 8%, after dropping nearly 17% on Monday. This suggests that the bargain hunters are in town, ...