News with the tag "LVMH"

French Billionaire Bernard Arnault’s net worth shrunk by over $53 billion in 2024 after a major correction in his stock portfolio. Arnault is the chairman and 48% owner of LVMH Moet Hennessy Louis Vuitton, the world’s largest manufacturer of luxury goods, which produces products like TAG Heuer watch...

The luxury conglomerate has also debuted its internal ChatGPT spinoff exclusively for employees.

The second richest man on Earth, Bernard Arnault, the CEO of the LVMH conglomerate controlling 75 top brands such as Louis Vuitton, TAG Heuer, and Dior, is currently contemplating on which of his children will take over the $400 billion business empire. The 74-year-old CEO has recently raised the bu...

French luxury fashion house Dior has unveiled its latest innovation in the fashion world by introducing a new line of men’s sneakers that leverage the Ethereum blockchain. The highly anticipated B33 sneakers, designed by Dior Menswear artistic director Kim Jones, are set to be released as part of th...

In a blend of luxury and technology, Louis Vuitton has found an unchartered course, leading the high-end brand into the world of NFTs. Not just any digital asset, the fashion powerhouse is offering an exclusive collection of phygital “Treasure Trunks,”…