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LVMH Moët Hennessy Louis Vuitton SE (French: [mɔɛt‿ɛnɛsi lwi vɥitɔ̃]), [1] commonly known as LVMH, is a French multinational holding company and conglomerate [7][8][9][10] specializing in luxury goods, headquartered in Paris. [11] The company was formed in 1987 through the merger of fashion house Louis Vuitton (founded in 1854) with Moët Hennessy, which was established following the ...
LVMH didn’t immediately return Fortune’s request for comment.. Arnault’s tussles with media. Arnault’s order, dated January 17, 2024, names a handful of French and English-language news ...
In the past year, LVMH stock has dropped over 16%, and is currently trading at about $132 per share; Arnault owns about 48% of the luxury conglomerate. Since the start of 2024, Arnault’s net ...
Bernard Arnault, the chairman of LVMH, saw his net worth soar $6.2 billion on Tuesday, according to data from Bloomberg, as shares of the luxury goods maker surged 4%.
Bernard Jean Étienne Arnault (French: [bɛʁnaʁ ʒɑ̃ etjɛn aʁno]; born 5 March 1949) is a French businessman, investor and art collector. [2][3] He is the founder, chairman and CEO of LVMH, the world's largest luxury goods company. Arnault is one of the richest individuals in the world, with an estimated net worth of US$ 180 billion as of ...
Dior's parent company, LVMH Moët Hennessy Louis Vuitton, said it would "temporarily close [their] stores in Russia and pause all [their] commercial activities." LVMH brands include Christian Dior, Louis Vuitton, and Moët & Chandon. The decision affects 120 stores and 3,500 employees. [70] In November 2022, Dior launched a Cruise 2023 collection.
The LVMH CEO's net worth has tanked by $54 billion from its March peak. LVMH stock has slumped 20% this year as softer demand has hit sales and profits. Bernard Arnault was the wealthiest person ...
Antoine Arnault (French pronunciation: [ɑ̃twan aʁno]; born 4 June 1977) is a French businessman; the vice-chairman and former CEO of Christian Dior SE. He is the oldest son of billionaire and CEO of LVMH Moët Hennessy Louis Vuitton, Bernard Arnault, part of the Arnault Family, which is the second wealthiest in the world.