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Bernard Arnault Grapples With the Biggest Slump in LVMH’s History

The luxury goods maker is reeling from a sharp downturn in the €364 billion industry — and questions about succession are growing louder.
Head of top luxury conglomerate LVMH Bernard Arnault addresses a speech during the presentation of the French top luxury conglomerate LVMH group's 2024 financial results as part of a general meeting of shareholders in Paris
LVMH chairman Bernard Arnault during the company’s annual shareholders meeting in April. (Getty Images)

In a conference hall deep under the glass pyramid of Paris’ Louvre Museum,

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Further Reading

Delphine Arnault Confirms Jonathan Anderson’s Dior Takeover

In a rare in-depth interview, the Dior chief executive talks to BoF’s Imran Amed about the logic for hiring Anderson to oversee both the men’s and women’s sides of the business and how the French mega-brand plans to recapture customers amid a sharp downturn in the luxury sector.

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