Tech Insider : Business
Head of top luxury conglomerate LVMH Bernard Arnault presents the group's 2024 annual results in Paris on January 28, 2025.
LVMH said it might move some of its manufacturing to the US to mitigate tariff risks.
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Bernard Arnault weaing a suit and tie, at a microphone.
Bernard Arnault, CEO of luxury-goods conglomerate LVMH, has brought all five of his children into the business.
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Alexandre Arnault
Alexandre Arnault will serve as CEO of LVMH's Wines and Spirits division starting February 2025.
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A Chinese flag curtain closes on luxury bags
Demand for luxury goods in China is slowing.
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LV China
Luxury brands in China have been struggling amid a prolonged consumer spending slump.
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Bernard Arnault
Barnard Arnault's family is poised to acquire a 55% majority stake in French football club Paris FC.
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bernard arnault
LVMH CEO Bernard Arnault took a hit to his fortune as luxury stocks tanked on Tuesday.
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FILE PHOTO: A woman with a Louis Vuitton-branded shopping bag looks towards the entrance of a branch store by LVMH Moet Hennessy Louis Vuitton in Vienna, Austria October 4, 2018. REUTERS/Lisi Niesner
A lack of fresh information regarding how officials will support China's economy has affected luxury stocks.