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LVMH, Bernard Arnault

LVMH CEO Bernard Arnault came up with a new way to describe layoffs: being ‘promoted outwards’

Following Meta’s layoffs earlier this month, Arnault, the head of the luxury goods conglomerate that controls brands like Louis Vuitton, Fendi, and Sephora, likened Meta CEO Mark Zuckerberg’s move to let go of low-performing workers to layoffs at Tiffany’s.

Business Insider on MSN · 1d

Bernard Arnault says laid-off Meta staff were 'promoted outwards' — and LVMH's Tiffany is doing the same

Bernard Arnault said he spoke with Mark Zuckerberg about Meta layoffs, which the LVMH boss described as workers being "promoted outwards."

Forbes · 17h

LVMH’s CEO Bernard Arnault Does Not Deny DFS Sale As Stock Slides

French luxury conglomerate LVMH saw its stock slide by more than 6% following the Tuesday evening reveal of its 2024 annual results.

LVMH shares fall

Reuters · 1d

LVMH shares fall as sales growth fails to impress

Shares in LVMH fell in early Frankfurt trading on Wednesday, as sales growth posted by the luxury goods group failed to impress investors, following a string of strong results from rivals and recent price gains.

CNBC on MSN · 1d

Shares in luxury giant LVMH trade lower as sales growth disappoints

Luxury stocks trade lower after giant LVMH shows improvement in sales, but nevertheless left analysts underwhelmed.

Investing.com on MSN · 1d

Luxury shares drop amid muted analyst reaction to LVMH sales growth

Investing.com - Shares in luxury firms slipped on Wednesday after sector bellwether LVMH (EPA:LVMH) posted quarterly sales growth that received a tepid reaction from analysts.

globalcosmeticsnews17h

LVMH FY2024: ‘unfavorable global economic environment’ contributes to 2 percent drop in sales

LVMH has announced its results for fiscal 2024. The French luxury conglomerate said that reported sales dipped 2 percent to ...

LVMH touts good start to 2025 but Q4 results underwhelm

LVMH has made a good start to 2025, CEO Bernard Arnault said on Tuesday, after the luxury conglomerate posted a slight rise in fourth-quarter sales, though analysts cautioned it may still fall short ...

Man of Many14h

New on Prime Video in February 2025

Learn more. For more information on how we test products, click here. New Releases Coming To Amazon Prime Australia in February 2025 From blockbuster new Prime Video movies to documentaries and a ...

14hon MSN

Educational qualifications of richest people in the world including Elon Musk, Jeff Bezos, Mark Zuckerberg, and others

Explore how education shaped the world's wealthiest individuals. From Jeff Bezos' engineering degree to Elon Musk's short-lived PhD pursuit, and Mark Zuckerberg's Harvard dropout story, their academic ...

UK's Tesco to cut 400 jobs across stores and head office

Britain's biggest supermarket group Tesco plans to cut about 400 jobs from stores and its head office, seeking efficiency ...

5don MSN

Stocks to watch next week: ASML, Intel, LVMH, Shell and Glencore

The "Magnificent 7" are set to dominate earnings focus in the coming week, as five of these tech giants are due to report, ...

12h

Here's Why LVMH's Q4 Earnings Aren't As Bad As They Seem

LVMH’s Q4 earnings show mixed results but resilience in key segments. Learn why LVMHF stock is a buy, with strong long-term ...

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