Hosted on MSN24d
LVMH CEO Bernard Arnault came up with a new way to describe layoffs: being ‘promoted outwards’
"Unfortunately, we were not able to keep everyone." LVMH is just the latest example of a company using jargon to describe layoffs. An Amazon manager revealed to Business Insider the company someti ...
New York Post29d
The real reason why billionaire LVMH head Bernard Arnault and his ‘Succession’ heirs were at Trump’s inauguration
Bernard’s primary motivation, sources said, was to show support for Donald Trump as LVMH hopes to avoid tariffs on its luxury brands that include fashion houses Louis Vuitton, Givenchy ...
Reuters25d
LVMH shares fall as sales growth fails to impress
LVMH shares opened down 3.5% in early Frankfurt ... which it has developed in cooperation with Amazon's web services arm (AWS). Autos & Transportationcategory Japan's Suzuki aims to boost sales ...
Forbes20d
The Top 10 Richest People In The World (February 2025)
standing next to Amazon founder Jeff Bezos and his fiancée Lauren Sanchez and just feet away from Musk. Also in the crowd there: Google cofounder Sergey Brin, now ranked No. 7, and LVMH CEO ...
Robb Report25d
LVMH Generated $88 Billion in Revenue in 2024, Slightly Above Expectations
The brand’s 2024 earnings show an organic growth of 1 percent over 2023, according to LVMH, which also owns companies such as Moët & Chandon, Dior, and TAG Heuer. Sales also rose past ...