Sweden Living World Business Sports Entertainment FAQ

Cover image for Bernard Arnault

Bernard Arnault

Hermès Surpasses LVMH as France's Top Valued Luxury Brand

The conglomerate LVMH, with brands such as Louis Vuitton and Christian Dior in its portfolio, has been knocked off the luxury throne by its competitor Hermès, which with its scarves and Birkin bags is now the highest valued on the Paris stock exchange. .

Luxury Giant Wants to Raise Age Limit for CEO

The French luxury conglomerate LVMH wants to raise the age limit for how old the company's CEO can be. The proposal is to raise the age limit from the current 80 to 85 years.

Luxury Giant Wants to Raise Age Limit for CEO

Despite Increased Sales - Luxury Giant's Stock Plummets

The French luxury conglomerate LVMH is clearly falling on the Paris stock exchange after today's financial report. Concerns about the luxury industry's recovery are now pulling down the sector.

Despite Increased Sales - Luxury Giant's Stock Plummets

So much richer did the world's richest become in 2024

The world's 500 richest people surpassed in 2024 a total wealth of 110 billion kronor – or 110,000,000,000,000 kronor, reports Bloomberg. .

So much richer did the world's richest become in 2024

LVMH falls – lower demand for luxury in China

The French luxury conglomerate LVMH falls on the Paris stock exchange. The quarterly report was a disappointment.

LVMH falls – lower demand for luxury in China

Luxury Giant Signs Giant Deal with Formula 1

The French luxury concern LVMH with brands such as Louis Vuitton, Fendi and Hennessy has entered into a ten-year sponsorship agreement with Formula 1. The agreement is estimated to be worth hundreds of millions of dollars and will come into effect next season when Formula 1 celebrates its 75th anniversary.

Luxury Giant Signs Giant Deal with Formula 1

Mark Zuckerberg's wealth soars – fourth richest

Facebook founder Mark Zuckerberg has made a fortune in recent years. His total assets are now estimated to exceed 200 billion dollars for the first time, according to [Bloomberg's](https://www.

Mark Zuckerberg's wealth soars – fourth richest

LVMH's profit plunges by 14 percent

The French luxury giant LVMH's net profit for the first half of 2024 falls by 14 percent compared to the same period last year, shows the company's [interim report](https://www. lvmh.

LVMH's profit plunges by 14 percent