Hermes this month briefly overtook its rival LVMH in market cap. Liao Pan/China News Service/VCG via Getty Images With high profits and a reliable base of wealthy clients, LVMH (LVMHF) and Hermes ...

PARIS, April 17 (Reuters) - The year started well but worsened from March due to economic turmoil linked to tariffs, the head of French luxury group LVMH (LVMH.PA), opens new tab said on Thursday.

LVMH, down 7.2%, led share declines across the sector, with Gucci-owner Kering and Hermes down 2% and 0.3% respectively. Swiss-based Richemont, which owns Cartier, was down 0.7% while Italy's ...

French businessman Bernard Arnault warned trade tensions with the US would wreak havoc on European businesses — criticising Brussels' negotiation skills. Bernard Arnault, chairman and CEO of ...

LVMH has named Ramon Ros CEO of Fendi, effective July 1, according to a Monday announcement. He succeeds Pierre-Emmanuel Angeloglou. Ros was previously president and CEO of Louis Vuitton in China ...

It was also dethroned as the most valuable luxury goods business in the world. After news broke on Monday that LVMH's first-quarter revenue was both down from the same period a year ago and missed ...

Luxury giant LVMH saw sales fall two percent to 20.3 billion euros ($23 billion) in the first quarter of 2025 as US President Donald Trump's tariffs shook the global economy, the company said on ...

REUTERS PARIS — European governments urgently need to ease tensions with the United States over President Donald Trump’s tariffs, LVMH Chief Executive Officer Bernard Arnault said on Thursday, adding ...

PARIS — Bernard Arnault, chairman and CEO of French luxury conglomerate LVMH, called on Thursday for a free trade zone between the European Union and the United States and said that unresolved ...

Christian Dior, the haute couture brand owned by French luxury giant LVMH, named Jonathan Anderson artistic director of its men's collections as a creative shakeup across the luxury sector continues.

Shares of LVMH plunged 7.8% on Tuesday, losing its position as the world's largest luxury firm to rival Hermès after an unexpected decline in first-quarter sales. LVMH reported a 3% year-on-year ...