Arnault announced that world-famous jewelers Tiffany & Co will be laying off or “promoting outwards” underperforming workers.

He’s someone Trump really looks up to and wants to make happy,” a source said of LVMH CEO Bernard Arnault, the wealthiest man in France.

LVMH Chairman Bernard Arnault said sales at Tiffany & Co. increased in the most recent quarter and the jeweler has become more profitable since it was bought by the luxury French conglomerate.

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 contrasted with the "cold shower" of potentially higher corporate taxes in France.

Bernard Arnault is outpacing Elon Musk and Mark Zuckerberg in wealth gain this year after signs of a rebound in luxury demand boosted LVMH stock.

Bernard Arnault, the billionaire chairman of luxury goods giant LVMH, has voiced his dissatisfaction with France’s economic direction. The 75-year-old,

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LVMH CEO Bernard Arnault is contemplating expanding production in the U.S., citing the nation's optimistic economic environment as a stark contrast to France's tax challenges. Presently with limited production in the U.

Bernard Arnault, the billionaire boss of the world's biggest luxury conglomerate LVMH, has picked a fight with the French government by suggesting that companies could flee France for the United

For the year as a whole, France's economy kept the same pace as in 2023, growing at 1.1%. Alongside a second-straight year of contraction in beleaguered Germany, the eurozone's largest economy, France's weak rate of growth is weighing on the currency area, which is likely to face continued challenges at the start of 2025.

DFS Group, which saw business activity remain below its 2019 pre-Covid level, was hard hit in particular by exchange rate fluctuations, said LVMH. UPDATED.