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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.
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.
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.
Increased profit for Hermès
It's going slow for several luxury brands, but French Hermès can show an increased profit in the latest quarterly report. Sales amounted to 7.
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