LVMH

Bernard Arnault and the LVMH empire are a force to be reckoned with in Europe and beyond. Now, the French media are bearing the brunt of the billionaire’s influence as Arnault looks to demonstrate his media power. Earlier this year, the…

AIX-EN-PROVENCE, France (Reuters) - China's investigation into dumping in Europe's cognac industry is a tit-for-tat response to European Union tariffs on Chinese electric cars, the chief financial officer of Hennessy cognac owner LVMH said…

ZURICH (Reuters) - French billionaire Bernard Arnault, Europe's richest man and head of the high-end fashion division of champagne group LVMH, has bought a stake in smaller luxury goods rival Richemont, Bloomberg reported on Tuesday. The…

The French giant attributed this decline to post-COVID-19 normalization, high inventory levels among retailers, and a slowdown in Hennessy cognac sales in the United States. LVMH, the world’s largest luxury conglomerate, experienced a…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Sales growth at luxury conglomerate LVMH slowed in the third quarter, as demand for handbags moderated and that for…