Search results
Results From The WOW.Com Content Network
LVMH is a multinational company that owns 75 luxury brands in various sectors, such as fashion, cosmetics, jewelry, wines and spirits. It was formed in 1987 by the merger of Louis Vuitton and Moët Hennessy, and is led by Bernard Arnault, the world's 3rd richest person.
LVMH didn’t immediately return Fortune’s request for comment.. Arnault’s tussles with media. Arnault’s order, dated January 17, 2024, names a handful of French and English-language news ...
In the past year, LVMH stock has dropped over 16%, and is currently trading at about $132 per share; Arnault owns about 48% of the luxury conglomerate. Since the start of 2024, Arnault’s net ...
LVMH patriarch Bernard Arnault had a short-lived time as the world’s fifth-richest man. The French magnate shed about $54 billion in wealth amid a painful luxury slump, only to be bumped right ...
Learn about Bernard Arnault, the richest person in the world as of August 2024, with an estimated net worth of US$ 180 billion. He is the chairman and CEO of LVMH, the world's largest luxury goods company, and a major investor in various sectors and arts.
Bernard Arnault, the chairman of LVMH, saw his net worth soar $6.2 billion on Tuesday, according to data from Bloomberg, as shares of the luxury goods maker surged 4%.
Dior is a multinational company founded in 1946 by designer Christian Dior, who created the iconic "New Look" of haute couture. The company produces clothing, cosmetics, perfumes, and other luxury goods, and is part of LVMH group.
LVMH stock has slumped 20% this year as softer demand has hit sales and profits. Bernard Arnault was the wealthiest person on the planet six months ago — but has now fallen to fifth place.