Showing 13 to 24 of 33 results
Hermes Overtakes LVMH as World's Top Luxury Goods Firm
Hermes has overtaken LVMH as the world's largest luxury goods company after LVMH reported a 3 percent fall in sales to £17.5 billion in the first quarter of 2024, while Hermes' market value reached £215 billion compared to LVMH's £209 billion.
Hermes Overtakes LVMH as World's Top Luxury Goods Firm
Hermes has overtaken LVMH as the world's largest luxury goods company after LVMH reported a 3 percent fall in sales to £17.5 billion in the first quarter of 2024, while Hermes' market value reached £215 billion compared to LVMH's £209 billion.
Progress
40% Bias Score
Hermès Overtakes LVMH as Europe's Top Luxury Brand Amidst Economic Slowdown
Hermès overtook LVMH as Europe's most valuable luxury company in Q1 2025, due to LVMH's 7.8% market cap drop (€244.394 billion) compared to Hermès's €248.616 billion, driven by weaker consumer spending and US tariffs impacting LVMH's revenue (-3%).
Hermès Overtakes LVMH as Europe's Top Luxury Brand Amidst Economic Slowdown
Hermès overtook LVMH as Europe's most valuable luxury company in Q1 2025, due to LVMH's 7.8% market cap drop (€244.394 billion) compared to Hermès's €248.616 billion, driven by weaker consumer spending and US tariffs impacting LVMH's revenue (-3%).
Progress
52% Bias Score
Hermès Overtakes LVMH as Paris Stock Exchange's Most Valuable Company
Hermès regained its top spot on the Paris Stock Exchange on Tuesday, boasting a €248.6 billion valuation, surpassing LVMH's €244.4 billion despite LVMH's significantly higher 2024 revenue of €84.7 billion versus Hermès' €15.2 billion, due to LVMH's disappointing first-quarter results and market unce...
Hermès Overtakes LVMH as Paris Stock Exchange's Most Valuable Company
Hermès regained its top spot on the Paris Stock Exchange on Tuesday, boasting a €248.6 billion valuation, surpassing LVMH's €244.4 billion despite LVMH's significantly higher 2024 revenue of €84.7 billion versus Hermès' €15.2 billion, due to LVMH's disappointing first-quarter results and market unce...
Progress
40% Bias Score
Le Parisien Cuts 39 Jobs Amidst €33 Million Loss
Le Parisien, owned by LVMH, is cutting 29 journalistic and 10 support positions in a restructuring plan aimed at addressing €33 million in 2024 losses caused by inflation and rising costs, with the new structure featuring thematic editorial teams.
Le Parisien Cuts 39 Jobs Amidst €33 Million Loss
Le Parisien, owned by LVMH, is cutting 29 journalistic and 10 support positions in a restructuring plan aimed at addressing €33 million in 2024 losses caused by inflation and rising costs, with the new structure featuring thematic editorial teams.
Progress
40% Bias Score
French 2025 Budget Finalized Amidst Political Tensions
The French 2025 state budget was finalized after a joint parliamentary committee agreement, including a €111 million cut to medical aid for undocumented immigrants and some concessions to the Socialists, but facing potential rejection via Article 49.3 and a censure motion.
French 2025 Budget Finalized Amidst Political Tensions
The French 2025 state budget was finalized after a joint parliamentary committee agreement, including a €111 million cut to medical aid for undocumented immigrants and some concessions to the Socialists, but facing potential rejection via Article 49.3 and a censure motion.
Progress
48% Bias Score
French Business Leaders Protest Surtax, Threatening Relocation
French business leaders, including the head of MEDEF, are protesting a planned surtax on large companies expected to generate €8 billion for the government, arguing it will drive businesses away and comparing France unfavorably to the US. This comes as the French government seeks €32 billion in savi...
French Business Leaders Protest Surtax, Threatening Relocation
French business leaders, including the head of MEDEF, are protesting a planned surtax on large companies expected to generate €8 billion for the government, arguing it will drive businesses away and comparing France unfavorably to the US. This comes as the French government seeks €32 billion in savi...
Progress
60% Bias Score
LVMH Stock Plunges 7.82%, Shifts Luxury Market Leadership
LVMH's stock plunged 7.82% on Tuesday after reporting a 1.9% drop in first-quarter revenue (€20.311 billion), impacting the luxury sector and shifting market leadership to Hermès. Weakening demand in the US and Asia contributed to the decline.
LVMH Stock Plunges 7.82%, Shifts Luxury Market Leadership
LVMH's stock plunged 7.82% on Tuesday after reporting a 1.9% drop in first-quarter revenue (€20.311 billion), impacting the luxury sector and shifting market leadership to Hermès. Weakening demand in the US and Asia contributed to the decline.
Progress
36% Bias Score
Hermès Overtakes LVMH as Europe's Top Luxury Company
Due to disappointing first-quarter results, particularly weak US and Chinese sales, LVMH lost its position as Europe's largest luxury company to Hermès on Tuesday, with LVMH's market capitalization falling to €246 billion versus Hermès' €247 billion.
Hermès Overtakes LVMH as Europe's Top Luxury Company
Due to disappointing first-quarter results, particularly weak US and Chinese sales, LVMH lost its position as Europe's largest luxury company to Hermès on Tuesday, with LVMH's market capitalization falling to €246 billion versus Hermès' €247 billion.
Progress
44% Bias Score
Former French Spy Chief Sentenced for Misusing State Resources to Benefit LVMH
Bernard Squarcini, former head of France's domestic intelligence agency, was sentenced to four years in prison (two years suspended) on March 7th for using state resources to help LVMH, with the company paying a €10 million settlement to avoid prosecution.
Former French Spy Chief Sentenced for Misusing State Resources to Benefit LVMH
Bernard Squarcini, former head of France's domestic intelligence agency, was sentenced to four years in prison (two years suspended) on March 7th for using state resources to help LVMH, with the company paying a €10 million settlement to avoid prosecution.
Progress
44% Bias Score
LVMH's 2024 Results Spark Tax Controversy in France
LVMH reported a €12.5 billion net income in 2024, despite a 17% decrease from 2023, prompting CEO Bernard Arnault to criticize France's planned corporate tax hike as a disincentive to domestic production. This sparked controversy, leading Arnault to clarify that LVMH has no relocation plans and pays...
LVMH's 2024 Results Spark Tax Controversy in France
LVMH reported a €12.5 billion net income in 2024, despite a 17% decrease from 2023, prompting CEO Bernard Arnault to criticize France's planned corporate tax hike as a disincentive to domestic production. This sparked controversy, leading Arnault to clarify that LVMH has no relocation plans and pays...
Progress
44% Bias Score
Arnault Threatens to Relocate LVMH from France Over Tax Increase
Following a meeting with Donald Trump at his inauguration, Bernard Arnault, CEO of LVMH, threatened to relocate his company from France if the government proceeds with its planned increase in corporate taxes, citing the US's lower tax rates as an incentive.
Arnault Threatens to Relocate LVMH from France Over Tax Increase
Following a meeting with Donald Trump at his inauguration, Bernard Arnault, CEO of LVMH, threatened to relocate his company from France if the government proceeds with its planned increase in corporate taxes, citing the US's lower tax rates as an incentive.
Progress
48% Bias Score
LVMH Reports Stagnant Revenue Amidst Global Luxury Goods Slump
LVMH reported stagnant revenue of €85 billion in 2024, a 17 percent drop in net profit to €12.5 billion, due to decreased global consumer spending, particularly impacting its fashion and leather goods division and exacerbated by trade tensions with China; however, the company maintains optimism for ...
LVMH Reports Stagnant Revenue Amidst Global Luxury Goods Slump
LVMH reported stagnant revenue of €85 billion in 2024, a 17 percent drop in net profit to €12.5 billion, due to decreased global consumer spending, particularly impacting its fashion and leather goods division and exacerbated by trade tensions with China; however, the company maintains optimism for ...
Progress
48% Bias Score
Showing 13 to 24 of 33 results