Arnault announced that world-famous jewelers Tiffany & Co will be laying off or “promoting outwards” underperforming workers.

Bernard Arnault, in an LVMH earnings call, used a bizarre new term for tech layoffs when referencing a conversation with Meta's Mark Zuckerberg.

French luxury conglomerate LVMH saw its stock slide by more than 6% following the Tuesday evening reveal of its 2024 annual results.

Following Meta’s layoffs earlier this month, Arnault, the head of the luxury goods conglomerate that controls brands like Louis Vuitton, Fendi, and Sephora, likened Meta CEO Mark Zuckerberg’s move to let go of low-performing workers to layoffs at Tiffany’s.

While a trillion dollars’ worth of tech money was on prominent display at Donald Trump’s inauguration, the presence of one billionaire and his children raised more eyebrows than Lauren Sanchez ...

"It's clear that we are being strongly pushed by the American authorities to continue to build out our presence," Bernard Arnault told reporters.

PARIS, Jan 27 (Reuters) - French billionaire Bernard Arnault's family is struggling to secure a deal on a much-needed new stadium for its recently acquired football team Paris FC, with ...

Luxury magnate Bernard Arnault has gotten almost $1 billion a day richer so far in 2025.Tefano Rellandini/Getty Images Bernard Arnault has gained more wealth in 2025 than anyone else, including ...

Bernard Arnault said he spoke with Mark Zuckerberg about Meta layoffs, which the LVMH boss described as workers being "promoted outwards."

Nicknamed “Mr. Olympics,” LVMH Moët Hennessy Louis Vuitton’s head of communication, image and environment is one of 58 people to be rewarded with France’s highest civilian distinction for their involvement in the Paris Olympics.

The business world has a history of coming up with polite terms to couch unpleasantness. In the past, when it comes to job cuts, CEOs have “let go,” “made

By Tassilo Hummel, Mimosa Spencer PARIS (Reuters) -Luxury giant LVMH is "seriously considering" bulking up its production capacities in the United States, CEO Bernard Arnault said on Tuesday, praising a "wind of optimism" in the country that contrasted with the "cold shower" of potentially higher corporate taxes in France.