|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||816.01 - 816.01|
|52-week range||549.35 - 962.10|
|Beta (5Y monthly)||1.05|
|PE ratio (TTM)||23.76|
|Forward dividend & yield||13.00 (1.59%)|
|Ex-dividend date||25 Apr 2023|
|1y target est||N/A|
Elon Musk, Jeff Bezos, Bill Gates, and Warren Buffett are among the world's most well-known billionaires. With $11 billion, Arnault could have purchased the NFL's Washington Commanders, Beyonce and Jay-Z's new California home, a ticket to space with Virgin Galactic, the Hope Diamond, and still had billions of dollars left over. Don't feel too bad for Arnault -- what lowered his net worth is the same force that made him the world's richest person.
LVMH, the world's largest luxury company, on Monday named Stephane Rinderknech as chairman and CEO of its beauty division, rounding out a series of broader management changes at the owner of Guerlain and Parfums Christian Dior. A former L'Oreal executive with extensive experience in the U.S. and Asia, Rinderknech joined LVMH in 2022 and has been heading the group's hotels business, which he will continue to also manage. "Stéphane has since his arrival guided the rebound of our hotel activities with considerable strategic agility, driving tremendous momentum across the entire organization," Group Chairman and CEO Bernard Arnault in a statement Monday.
The world’s richest man, Bernard Arnault, is choosing which of his children will lead his $418bn conglomorate. Cue gold-plated intrigue and drama …
Gucci kicked off Milan fashion week on Friday with a lineup of slouchy, androgynous menswear styles, forging ahead with its latest collection while the industry waits for owner Kering to name a new designer for the label. French luxury group Kering faces pressure to quickly find a replacement following the abrupt departure in November of Alessandro Michele, the flamboyant designer who was a favourite of Harry Styles and Lady Gaga, and reignite sales growth at its largest brand, which accounted for two thirds of profits in 2021. The question of who will steer Gucci's creative direction loomed over the megabrand's first men's show in the Italian fashion capital in three years.
Sibling succession battle looms after eldest daughter of world’s richest person named boss of €382bn empire’s second-biggest brand
LVMH Chairman and CEO Bernard Arnault has reshuffled top management at his luxury goods empire, tightening his family's grip with the appointment of his daughter Delphine to lead Christian Dior, and naming a new boss for Louis Vuitton. Pietro Beccari, who has been the head of Dior since 2018, is moving to replace long-time Louis Vuitton CEO Michael Burke, 65. Shares in LVMH, Europe's most valuable company at about 380 billion euros ($408 billion), rose as much as 2% to hit new highs.
PARIS (Reuters) -Antoine Arnault, LVMH chairman Bernard Arnault's eldest son, was on Friday named chief executive of family holding company Christian Dior SE, replacing veteran executive Sidney Toledano and stirring speculations of succession at the group. Christian Dior is a listed company that owns the bulk of the Arnault family's stake in LVMH , the world's largest luxury group.