Dior and Louis Vuitton encouraged to “slow down their growth” in 2024

[ad_1] Translated by Roberta HERRERA Published Jan 27, 2024 During the announcement of LVMH‘s annual results on Thursday, January 25, the French conglomerate’s chairman, Bernard Arnault, once again highlighted “the outstanding performance of the ‘Fashion & Leather Goods’ division,” which achieved a total revenue of €42.16 billion in 2023, marking a 9% increase compared to […]

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LVMH’s Arnault set to propose sons Alexandre, Frederic for company’s board

[ad_1] By Bloomberg Published Jan 22, 2024 Bernard Arnault plans to appoint two of his sons to the board of LVMH Moet Hennessy Louis Vuitton SE, as the French billionaire continues to groom his children to potentially lead the luxury empire he founded. Alexandre Arnault Arnault’s nomination of sons Alexandre, 31, and Frederic, 29, could […]

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