LVMH slows down in third quarter 2024
Luxury Tribune
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The world's leading luxury goods group, LVMH , has reported a 3% fall in sales for the third quarter of 2024, with revenues of €19.08 billion. This slowdown, largely due to the economic turbulence in China, marks a significant setback for Bernard Arnault's group.
On Sunday, October 13, Giorgio Armani gave a rare and intimate interview to the Italian daily Corriere della Sera . In it, he explained that he wanted to remain at the head of his empire for another three years at most before handing over the reins.
Noel Tata: Tata Trusts’ New Chairman Has a Swiss Connection
Noel Tata, half-brother of Ratan Tata, has been appointed as the new Chairman of Tata Trusts following a joint meeting of the Trustees held after the recent passing of Ratan Tata, the former Chairman of Tata Group .
The Arnault family buys a majority stake in the Paris FC football team
Will Paris see two football teams competing in Ligue 1? The Arnault family, via its holding company Financière Agache, has announced that it is buying a majority stake in Paris FC , the club currently leading the Ligue 2.
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