The Latest Breaking News from LVMH

The Tesla and Twitter CEO has also lost the title of world's richest person, which has been handed to LVMH founder Bernard Arnault.

Paris (AFP) - French luxury group LVMH announced a leadership shuffle on Wednesday, naming a new CEO at flagship brand Louis Vuitton and appointing the daughter of billionaire boss Bernard Arnault atop Christian Dior Couture.

Birkin bag maker Hermes is opening a new, enlarged store in China's Nanjing city, signaling the luxury industry's confidence in a strong return of Chinese shoppers after three years of tough COVID-19 restrictions. Hermes, which first opened a store in the city in 2010, has now relocated to the upscale…

Bernard Squarcini and 10 others await magistrates’ decision on hearing charges including influence peddling and forgery

Tesla shares fell 12.2% on Tuesday after missing expectations on fourth-quarter deliveries.

Following ten years of criminal investigation, French legal officials have called for the trial of Bernard Squarcini, former head of the French internal security agency, and 10 others, on charges of abuse of office, fraud and complicity in breaches of professional and judicial secrecy.

Paris (AFP) - Bernard Arnault -- who with his family now tops the wealth of Elon Musk -- gradually built LVMH into a global luxury empire by buying up iconic brands, sealing his reputation as a formidable and insatiable businessman.

LVMH, the world's largest luxury goods group, plans a new factory in Italy producing Louis Vuitton bags and other leather accessories, the Tuscany region said on Friday. The workshop will be the largest in Italy entirely dedicated to making these products for Louis Vuitton, said the region, which signed a…

He made a lot of noise on his way to the top, but now Elon Musk has fallen from the top of global rich lists. The title now belongs to Bernard Arnault, a man who's known to some as "the wolf in cashmere".