LVMH CEO Bernard Arnault came up with a new way to describe layoffs: being ‘promoted outwards’ todayheadline
The luxury goods CEO likens layoffs at Tiffany’s to those at Meta. Read More
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LVMH sells Stella McCartney stake to founder after downturn todayheadline
The luxury group is cleaning up its portfolio of labels amid a downturn for high-end goods. Read More
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The Trump effect: How his first week in office feels like a throwback to his first term todayheadline
Donald Trump’s first week back in the White House set the stage for what promises to be another tumultuous term. ...
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Hermès boss doesn’t like the company being compared to archrival LVMH, which once tried to buy the Birkin bag maker todayheadline
Hermès has sparred with LVMH before. Fending off the Arnault-owned luxury giant’s takeover attempt eventually led Hermès to stratospheric success. ...
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The people we think shaped European business in 2024 todayheadline
Fortune set out to pick the leaders who've kept Europe at the center of global debates in 2024. Their presence ...
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French AI startup backed by Arnault plans to raise more funds
H, the French artificial intelligence startup founded by veterans of Googleâ€s DeepMind AI lab and backed by billionaires including LVMH ...
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