The $350 billion decline in European luxury
European luxury firms have experienced a drop in their total market value of around $350 billion this year. As expectations...
Bernard Arnault
According to LVMH, the war in Iran has affected its sales
The French luxury conglomerate LVMH declared that the conflict in Iran caused the group's overall sales to drop by at...
Bernard Arnault loses $12.5 billion after Trump’s 200% tariff threat on French wines
The fortune of Bernard Arnault—Europe's richest person—fell by $12.5 billion on Tuesday after President Donald Trump threatened to impose 200%...
The five richest men in the world have doubled in value since 2020, according to a survey
An Oxfam research claims that since 2020, the wealthiest five men in the world have more than doubled. The organization...
Bernard Arnault, the owner of LVMH, has named his daughter as the new head of Christian Dior.
Moët Hennessy Louis Vuitton SE (LVMH), a French luxury conglomerate with a fast-growing and profitable Fashion business in Europe, is...
