The Latest Breaking News from LVMH

French prosecutors said the investigation has been underway since 2022. Bernard Arnault's lawyers said money-laundering allegations linking to Nikolai Sarkisov were "absurd and groundless."

Oversized knits and even hair nets were given a chic glow-up, while Loewe served urbane surrealism

Bernard Arnault, the French luxury fashion magnate at the helm of Moët Hennessy Louis Vuitton, was worth about $196 billion in Early September 2023, but in April of the same year, his wealth briefly exceeded $240 billion, earning him the status of richest person in the world at the time.

The Danish pharma giant overtook French luxury conglomerate LVMH as the most valuable European company, which held the title since 2021.

Danish drugmaker Novo Nordisk is now Europe's largest company in market capitalisation, ahead of French luxury giant LVMH. This follows the UK launch of Wegovy, a weight loss drug that cuts appetite and cravings. Tens of thousands of people have already signed up to waiting lists for the treatment. Also…

Launch of weight-loss drug in UK helps Danish firm to market value of $428bn

Head of the French luxury LVMH empire, Bernard Arnault said he would donate €10 million to Les Restos du Coeur, a charity that provides meals and groceries for those in need. The organisation had earlier warned it may have to turn away some 150,000 people this winter as it struggles…

Anna Lundstrom got her first job off the back of an email to Xavier de Royère while she was still a student.

LVMH stock just corrected, but the pains could intensify as the typically resilient luxury goods firm feels the heat of a downturn among aspirational consumers.