Losing your livelihood is now doubleplusgood! Bernard Arnault, CEO of LVMH and the world’s fifth richest man, has coined a new phrase for those who are being laid off — “being promoted outwards, so to ...

Bernard Arnault, the billionaire CEO of the luxury conglomerate LVMH, has said there are no plans to relocate the company after his criticism of proposed French tax hikes faced backlash. "I never said ...

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