World’s 5th richest man Bernard Arnault coins new phrase for being fired: ‘Promoted outwards’
Arnault announced that world-famous jewelers Tiffany & Co will be laying off or “promoting outwards” underperforming workers.
LVMH’s CEO Bernard Arnault Does Not Deny DFS Sale As Stock Slides
French luxury conglomerate LVMH saw its stock slide by more than 6% following the Tuesday evening reveal of its 2024 annual ...
Morningstar7d
Bernard Arnault slides down to world's fifth-richest person after LVMH disappointment
Bernard Arnault lost a spot in the billionaire rankings after LVMH Moet Hennessy posted results that weren't as strong as some luxury-goods rivals. Forbes' calculations on billionaires updated on ...
businessday11d
Five trillionaires expected within a decade, says Oxfam
The world is set to witness the emergence of five trillionaires within the next decade, according to Oxfam's latest ...
Yahoo Finance7d
Bernard Arnault says laid-off Meta staff were 'promoted outwards' — and LVMH's Tiffany is doing the same
Bernard Arnault drew parallels between layoffs at Tiffany & Co. and job cuts at Meta on an earnings call Tuesday. The CEO of the luxury conglomerate LVMH said he talked with Mark Zuckerberg last ...
Reuters10d
LVMH's Arnault family faces off-pitch challenges at new Paris soccer club
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 ...
Le Monde.fr6d
LVMH CEO Bernard Arnault takes swing at French government tax plan
Head of top luxury conglomerate LVMH Bernard Arnault presents the group's 2024 annual results in Paris, on January 28, 2025. DIMITAR DILKOFF / AFP Bernard Arnault, the billionaire boss of the ...