"Magnitude Of Deterioration": Wall Street Stunned By LVMH's Earnings

The Other Multibillionaire Courting Trump

Europe’s wealthiest individual, Bernard Arnault, is head of luxury goods empire LVMH — and has a lot to lose from a spiraling global trade war. His reported direct line to the Trump administration shows how the superrich are working to defend their billions.

The owner of LVMH saw his multi-billion-dollar personal fortune fall on the Stock Exchange this Tuesday, downgrading to the 7th place of the world's greatest fortunes.

Bernard Arnault’s net worth drops $11.9 billion after LVMH Q1 results slump

Bernard Arnault, the world’s sixth-richest person, saw his fortune tumble by $11.9 billion on Tuesday after LVMH Moët Hennessy Louis Vuitton delivered a disappointing first-quarter earnings report that sent shockwaves through the luxury industry.  The post Bernard Arnault’s net worth drops $11.9 billion after LVMH Q1 results slump  appeared first on Nairametrics.

"Magnitude Of Deterioration": Wall Street Stunned By LVMH's Earnings - Nemos News Network

LVMH Moët Hennessy shares dropped in Paris trading Tuesday after the luxury conglomerate reported Q1 earnings that fell short of Bloomberg Consensus estimates. The miss was driven by softening demand for high-end goods in top markets such as Asia and the U.S., as a deepening trade war pressured consumer sentiment.  LVMH’s first-quarter results served as a luxury gut-check for the industry, with a broad-based miss across segments and regions led …

"Magnitude Of Deterioration": Wall Street Stunned By LVMH's Earnings

"Magnitude Of Deterioration": Wall Street Stunned By LVMH's Earnings LVMH Moët Hennessy shares dropped in Paris trading Tuesday after the luxury conglomerate reported Q1 earnings that fell short of Bloomberg Consensus estimates. The miss was driven by softening demand for high-end goods in top…

DFS challenges continue amid resilient Q1 2025 for LVMH

DFS was once again held back by prevailing international conditions, with revenue still reflecting low traffic in Hong Kong and Macau. The post DFS challenges continue amid resilient Q1 2025 for LVMH appeared first on DFNI.