LVMH BUYS TIFFANY FOR $16.2 BILLION
LVMH REMAINS CAUTIOUS FOR 2018 DESPITE RECORD PROFITS
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PIETRO BECCARI NAMED CEO OF DIOR IN LVMH RESHUFFLE
Beccari’s appointment comes as Sidney Toledano being named chairman and CEO of the Fashion Group after 20 years at the helm of Christian Dior Couture.
Read MoreBERNARD ARNAULT, JEFF BEZOS, AMANCIA ORTEGA AMONG FORBES’ R...
Over 2,000 billionaires now exist in the wold, according to Forbes, thanks to a combination of booming stock markets, higher commodities prices and plain old-fashioned entrepreneurship
Read MoreGIVENCHY NAMES CLARE WAIGHT KELLER ARTISTIC DIRECTOR
She replaces Riccardo Tisci, who left the LVMH-owned brand after his last show in January.
Read MoreLVMH REPORTS INCREASED REVENUE FOR FIRST HALF OF 2016
LVMH reported revenue of €17.2 billion (approximately $18.9 billion) in the first half of 2016, an increase of 3 percent; in the second quarter, revenue increased by 2 percent compared to the same period in 2015.
Read MoreLVMH INTRODUCES FUND TO REDUCE IN-HOUSE CARBON FOOTPRINT
LVMH has announced the implementation of an internal carbon fund to help reduce greenhouse gases, which is already estimated at over 5 million euros (approximately $5.3 million) to take effect in 2016.
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