LVMH’s CEO Bernard Arnault Does Not Deny DFS Sale As Stock Slides
French luxury conglomerate LVMH saw its stock slide by more than 6% following the Tuesday evening reveal of its 2024 annual ...
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 ...
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 ...
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 ...
World’s 5th richest man Bernard Arnault coins new phrase for being fired: ‘Promoted outwards’
Arnault announced that world-famous jewelers Tiffany & Co will be laying off or “promoting outwards” underperforming workers.
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Billionaire Bernard Arnault lambasts French tax hikes, eyes expansion in U.S.A
Bernard Arnault, the billionaire chairman of luxury goods giant LVMH, has voiced his dissatisfaction with France’s economic ...
LVMH CEO Bernard Arnault takes swing at French government tax plan
Government spokesperson Sophie Primas replied saying that 'everybody must do their bit,' although she conceded that she ...
France's Political Mire Drags Economy Backward — 2nd Update
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 ...