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Bernard Arnault, LVMH

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 Louis Vuitton, Fendi, and Sephora, likened Meta CEO Mark Zuckerberg’s move to let go of low-performing workers to layoffs at Tiffany’s.

Business Insider on MSN · 1d

Bernard Arnault says laid-off Meta staff were 'promoted outwards' — and LVMH's Tiffany is doing the same

Bernard Arnault said he spoke with Mark Zuckerberg about Meta layoffs, which the LVMH boss described as workers being "promoted outwards."

SFGATE on MSN · 23h

Bernard Arnault, world's richest non-American, drops absurd new term for tech layoffs

Bernard Arnault, whose perch at the head of luxury goods conglomerate LVMH has made him the world’s richest non-American, just dropped an absurd new term for layoffs in the tech industry. While discussing layoffs at subsidiary Tiffany & Co.

LVMH shares fall

Reuters · 1d

LVMH shares fall as sales growth fails to impress

Shares in LVMH fell in early Frankfurt trading on Wednesday, as sales growth posted by the luxury goods group failed to impress investors, following a string of strong results from rivals and recent price gains.

CNBC on MSN · 1d

Shares in luxury giant LVMH trade lower as sales growth disappoints

Luxury stocks trade lower after giant LVMH shows improvement in sales, but nevertheless left analysts underwhelmed.

Investing.com on MSN · 1d

Luxury shares drop amid muted analyst reaction to LVMH sales growth

Investing.com - Shares in luxury firms slipped on Wednesday after sector bellwether LVMH (EPA:LVMH) posted quarterly sales growth that received a tepid reaction from analysts.

LVMH touts good start to 2025 but Q4 results underwhelm

LVMH has made a good start to 2025, CEO Bernard Arnault said on Tuesday, after the luxury conglomerate posted a slight rise in fourth-quarter sales, though analysts cautioned it may still fall short ...

10h

Here's Why LVMH's Q4 Earnings Aren't As Bad As They Seem

LVMH’s Q4 earnings show mixed results but resilience in key segments. Learn why LVMHF stock is a buy, with strong long-term ...

globalcosmeticsnews15h

LVMH FY2024: ‘unfavorable global economic environment’ contributes to 2 percent drop in sales

LVMH has announced its results for fiscal 2024. The French luxury conglomerate said that reported sales dipped 2 percent to ...

1don MSN

LVMH Stock Drops as Results Raise Questions on Luxury Turnaround

Luxury giant LVMH eked a small gain in 2024 sales, underwhelming investors following buoyant results from rivals that signalled a turnaround for the sector ...

Reuters on MSN1d

LVMH mulls widening US footprint as CEO expresses France fatigue

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 ...

Which tech billionaires attended Trump’s inauguration? Take our business and investing news quiz

2 Remember when George Washington and Abraham Lincoln cashed in on their presidencies by selling commemorative medallions? Oh ...

6don MSN

Stocks to watch this week: ASML, Intel, LVMH, Shell and Glencore

The "Magnificent 7" are set to dominate earnings focus in the coming week, as five of these tech giants are due to report, ...

UK's Tesco to cut 400 jobs across stores and head office

Britain's biggest supermarket group Tesco plans to cut about 400 jobs from stores and its head office, seeking efficiency ...

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