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The Latest Breaking News from JeanJacques Guiony

LVMH reports muted sales amid hopes that the luxury downturn may finally be over

“Today, I’m not going to report record revenue, but it was nonetheless a robust year," CEO Bernard Arnault said during the earnings call.

LVMH had a bloodbath of an earnings. But its CFO is convinced becoming more affordable isn't the answer

LVMH had a bloodbath of an earnings. But its CFO is convinced becoming more affordable isn't the answer

“I think it would be a mistake,” said LVMH CFO Jean-Jacques Guiony during the company’s earnings call this week.

LVMH’s Bernard Arnault sees nearly $10 billion in wealth wiped out after share-price bloodbath

LVMH’s Bernard Arnault sees nearly $10 billion in wealth wiped out after share-price bloodbath

In March, Bernard Arnault was the world’s richest person—with $48 billion more to his name.

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Luxury pilgrimages bring tourists to Japan to scoop up high-end goods. Brands like LVMH would rather they not

Japan’s weak yen means travelers can get hefty discounts on Louis Vuitton handbags and TAG Heuer watches.

LVMH says its wine business took a 12% hit because people are too sad to buy champagne

LVMH CFO anticipates sales volumes will be “less bad” in the second half of the year.

LVMH’s wine, champagne and handbags still can’t win back budget-tight Chinese consumers rationing their luxury purchases

“Continued economic and geopolitical uncertainties are still impacting certain businesses, notably wine and spirits,” LVMH CFO Jean-Jacques Guiony said.

LVMH boss Bernard Arnault has just lost his spot as the world’s second-richest person to Amazon founder Jeff Bezos

LVMH CEO Bernard Arnault has seen his wealth overtaken by that of Amazon founder Jeff Bezos.

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Will the extraordinary boom in luxury goods ever end?

Will the extraordinary boom in luxury goods ever end?

The rise of LVMH to become Europe’s first $500bn company illustrates the sector’s seemingly unstoppable growth

Financial Times

China's reopening sees Gen Z ready to splurge after lying flat: 'They don’t see life as a matter of ruthless survival'

China's reopening sees Gen Z ready to splurge after lying flat: 'They don’t see life as a matter of ruthless survival'

A shift in attitudes towards work and personal comfort in China's younger generation may end up helping the country’s economy.

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