The luxury goods market has created its own crisis, and it won’t recover until after 2027
Luxury executives are more bearish about the industry because of tariffs and a changing appetite for high-end goods, the State ...
Tag: LVMH
Billionaire Bernard Arnault tells court he was ‘completely unaware’ ex-spy chief had allegedly abused powers to protect LVMH
France’s richest man, LVMH chief Bernard Arnault, testified Thursday in the influence-peddling trial of the former head of France’s domestic ...
French AI startup backed by Arnault plans to raise more funds
H, the French artificial intelligence startup founded by veterans of Google’s DeepMind AI lab and backed by billionaires including LVMH ...
50 million people have stopped buying luxury brands like Dior and Burberry after ‘broken promises’ to customers
Nothing gold can stay. Despite years of strong performance, the market for personal luxury goods is set to slow down ...
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