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Buffett and LVMH CEO Bernard Arnault had similar paths to the top of their respective companies. Once they got to the top, their strategies for acquiring assets had little similarity.
Many retailers are seeing consumers become more cautious with their spending. Luxury retailers had been resilient, but now investors are growing concerned these companies could start seeing a slowdown
China has been rolling out the red carpet for global business leaders including JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon and Tesla Inc. CEO Elon Musk. Beijing wants to calm fear
The majority of votes counted in this week's referendum were against plans by LVMH's Cheval Blanc brand to build its first hotel in the U.S.
Bernard Arnault, currently the world's richest man according to the Bloomberg Billionaires Index, might be about to lose that title again after shares in his LVMH luxury goods tumbled. As a result of
Mary Manning, global portfolio manager at Alphinity Investment Management, shares her views on technology and luxury stocks. She speaks with Shery Ahn and Haidi Stroud-Watts on "Bloomberg Daybreak: As
European luxury stocks dropped on Tuesday, wiping billions off their valuations, highlighting the sector's importance for the region's market rally.
European luxury stocks slumped on Tuesday morning as fears grew of a US spending slowdown. LVMH fell 3%, Hermes dropped 4%, and Gucci-owner Kering slipped 2%.
LVMH has built a powerful portfolio of 75 brands. In 2023, it became the first European company to reach a $500 billion value.
LVMH has built a powerful portfolio of 75 brands. In 2023, it became the first European company to reach a $500 billion value.
The LVMH stock price has been in a strong bullish trend in the past decade, helping it become the 11th biggest company in the world. It is the biggest company in Europe.
Frédéric Arnault—CEO of the watchmaker and the third son of LVMH's top boss—is bringing luxury goods to the masses like his father, the richest person in the world.
Consumer spending has been surprisingly resilient despite recession fears. The valuation of luxury goods makers fell in anticipation of a downturn.
As markets prepare for a looming turnaround, investors are redoubling their focus on finding the next trillion-dollar companies. At first glance, it might seem that Tesla (NASDAQ: TSLA ) is the most l
Portfolio managers at this week's Morningstar Investment Conference named stocks within aerospace like Boeing, General Electric as well as luxury goods maker like LVMH.
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