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#data-breach #cybersecurity #luxury-goods #dior #bernard-arnault #luxury-market #louis-vuitton #sales-decline
Business
fromFortune
2 days ago

LVMH CEO Bernard Arnault just enjoyed a $19 billion wealth surge overnight after months of hemorrhaging wealth in a brutal luxury market | Fortune

Bernard Arnault's net worth jumped $19 billion overnight to $192 billion, moving him to seventh-richest as LVMH shares rose after Q3 revenue growth.
France news
fromwww.theguardian.com
3 weeks ago

Wealth tax would be deadly for French economy, says Europe's richest man

Bernard Arnault says a proposed 2% wealth tax on fortunes over €100m could cost him over €817m and would be deadly for France's economy.
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Fashion & style
fromFast Company
1 month ago

The late fashion designer Giorgio Armani left behind two wills. Here are the details

Giorgio Armani instructed heirs to sell an initial 15% stake, allocated shares to collaborators and family, and established a foundation to retain at least 30%.
Miscellaneous
fromwww.dw.com
2 months ago

Gucci, Dior, Louis Vuitton face crisis as luxury sales slide DW 08/19/2025

Return of corroding medals marks a troubling trend for LVMH amidst luxury sector challenges.
fromBusiness Matters
2 months ago

LVMH suffers steep drop in fashion sales as wealthy consumers tighten belts

LVMH's fashion and leather goods sales dropped 9 percent in Q2, deepening from a previous 5 percent decline, highlighting weaknesses reflected in organic sales.
E-Commerce
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Los Angeles
fromBusiness Insider
3 months ago

See inside the historic Santa Barbara hotel that LVMH just sold to the cofounder of Tinder for $82.2 million

El Encanto Hotel was acquired for $82.2 million by Justin and Tyler Mateen and Culver Capital from LVMH.
fromTechzine Global
3 months ago

Louis Vuitton hacked: customer data stolen in cyber attack

On July 2, unauthorized third parties gained access to Louis Vuitton UK's systems, stealing customer information, including names, contact details, and purchase history.
Privacy technologies
from24/7 Wall St.
3 months ago

2 European Stocks I like More Than Their US Rivals

LVMH Moët Hennessy is one of the most premier plays in the global luxury brand market, featuring brands like Louis Vuitton, Dior, Fendi, and Tiffany.
Europe news
Fashion & style
fromwww.theguardian.com
3 months ago

Dior Paris show is sweet relief for anyone wanting to flex a cooler muscle

Jonathan Anderson faces the challenge of revitalizing Dior as its first creative director of both menswear and womenswear since Christian Dior himself.
fromBusiness Insider
4 months ago

An LVMH exec says the luxury giant can't jack up prices on 2 key products to cover the hit from Trump's tariffs

Cécile Cabanis stated: "the capacity to raise prices is not there" for cognac and lower-priced beauty products.
Paris food
EU data protection
fromWWD
5 months ago

Dior Notifies Chinese Consumers of Data Breach

Dior experienced a data breach affecting Chinese customers, compromising personal data but not financial information.
Fashion & style
fromBusiness Insider
5 months ago

LVMH's US CEO says he hopes quiet luxury is over: 'That was getting pretty annoying'

LVMH's CEO suggests 'quiet luxury' may be fading, preferring a more diverse expression of luxury beyond minimalism.
Wine
fromBusiness Matters
5 months ago

LVMH to cut 10% of Moet Hennessy staff amid global luxury slowdown and trade tariffs

LVMH is cutting 10% of its Moët Hennessy workforce due to declining luxury demand and rising operational costs.
Paris food
fromwww.nytimes.com
6 months ago

LVMH's Chief Counted Trump as a Friend. He Still Faces Tariffs.

Trade tensions with the U.S. are impacting LVMH, requiring European leaders to negotiate effectively.
Bernard Arnault advocates for a Europe-U.S. free-trade zone to mitigate challenges.
fromBusiness Insider
6 months ago

LVMH says it's looking into moving more manufacturing to the US after Trump's tariff threats

LVMH's finance chief indicated the company is exploring the possibility of increasing US manufacturing to reduce vulnerability to potential tariffs from Europe.
Paris food
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