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LVMH, Bernard Arnault
LVMH CEO Bernard Arnault came up with a new way to describe layoffs: being ‘promoted outwards’
Following Meta’s layoffs earlier this month, Arnault, the head of the luxury goods conglomerate that controls brands like Louis Vuitton, Fendi, and Sephora, likened Meta CEO Mark Zuckerberg’s move to let go of low-performing workers to layoffs at Tiffany’s.
LVMH sales beat expectations as CEO Bernard Arnault shifts focus to US
LVMH says 2025 is off to a good start as it reports an increase in sales in its most recent quarter. US President Donald Trump is offering buyout packages to almost all federal workers who do not
Bernard Arnault says LVMH has woken up ‘sleeping beauty’ Tiffany
LVMH acquired Tiffany about four years ago for US$16 billion. The LVMH chairman said Tiffany has laid off some employees because they haven’t been willing to meet higher sales targets.
7h
on MSN
Bernard Arnault, world's richest non-American, drops absurd new term for tech layoffs
Bernard Arnault, in an LVMH earnings call, used a bizarre new term for tech layoffs when referencing a conversation with Meta ...
10h
LVMH eyes US workshop expansion, but any shift will likely be limited
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
5d
on MSN
The real reason why billionaire LVMH head Bernard Arnault and his ‘Succession’ heirs were at Trump’s inauguration
He’s someone Trump really looks up to and wants to make happy,” a source said of LVMH CEO Bernard Arnault, the wealthiest man ...
12d
on MSN
LVMH's Bernard Arnault ousts Larry Ellison as the world's 4th-richest person after gaining $15 billion in one day
Bernard Arnault is outpacing Elon Musk and Mark Zuckerberg in wealth gain this year after signs of a rebound in luxury demand ...
Politico Europe
17h
Bernard Arnault slams French tax hikes, considers investing more in Trump’s US
With the economic outlook in France looking grim, Arnault said LVMH, which owns Louis Vuitton, Dior, Fendi and Moët & Chandon ...
20h
LVMH profits fall 17% but Arnault promises 'wind of optimism' in US
The luxury goods group headed by Bernard Arnault ends its 2024 financial year with sales of €84.7 billion, down 2% on 2023.
12h
on MSN
Inside LVMH Watch Week: Execs Sound Off on the Future
Watch brand executives from LVMH speak on the state of the industry during the group's annual watch week in New York City.
devdiscourse
1d
LVMH Eyes Expansion in Optimistic U.S. Market Amid French Tax Concerns
LVMH CEO Bernard Arnault is contemplating expanding production in the U.S., citing the nation's optimistic economic ...
20h
on MSN
Billionaire Arnault Urges France to Follow US on Spending Cuts
Bernard Arnault said a wind of optimism is blowing through the US after Donald Trump’s inauguration as president, in contrast ...
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