US EditionSliding LVMH Market Value Prompts Luxury Firm's CEO to Urge US-EU Free Trade
4 Articles
4 Articles
Sliding LVMH Market Value Prompts Luxury Firm's CEO to Urge US-EU Free Trade
To LVMH CEO Bernard Arnault, the world has a new look and it’s unfashionably chaotic. His luxury giant — which counts Louis Vuitton, Dior, Fendi, and Givenchy among its holdings — had a tumultuous week that included being briefly overtaken by French rival Hèrmes as la République’s most valuable firm. Investor worries about US tariffs have dragged its shares in Paris down 24% this year but Arnault, the world’s sixth-richest man as of Friday, is …
Bernard Arnault warns: if Brussels fails to negotiate with Washington, LVMH will relocate part of its production to the United States. He accuses the EU of being too bureaucratic and worries about the
Hermès Surpasses LVMH and Here Is Why
In a significant shift within the luxury fashion industry, Hermès has overtaken LVMH to become France's most valuable company by market capitalisation in Q1 2025, reaching approximately £213 billion. This development underscores a broader transformation in consumer preferences and market dynamics, favoring brands that emphasise exclusivity and craftsmanship.
The CEO of LVMH is accused of betraying French interests by politicians, after defending an economic rapprochement with Washington. The debate on the trade relations between Europe and the United States simmers after Bernard Arnault's recent statements. The leader of the luxury giant LVMH has in fact expressed his support for the [...] Read more Bernard Arnault under the fire of criticism after his plea for free trade with the United States appe…
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