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Sunday, September 19, 2021

LVMH

LVMH NEWS

This European luxury billionaire lost the most money in COVID-19 pandemic

May 08, 2020 5:29 pm

Bernard Arnault's wealth has plunged. With LVMH shares down 19% this year, his net worth has shrunk by more than $30 billion -- losing more money than any other individual in the world, according to the Bloomberg Billionaires Index.

In biggest deal in luxury sector, LVMH close to buying Tiffany for $16.7 bn

November 25, 2019 12:05 pm

The companies were putting the finishing touches on the deal Sunday afternoon, with the boards of both companies meeting to approve it. They hope to announce it Monday morning.