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Musk Is the World’s Richest Person—by a Lot. LVMH’s Arnault Falls on Stock Hit.

Elon Musk’s lead in the table of world’s wealthiest people has widened after the impact of global economic...

Musk’s Lead Atop World’s Rich List Widens as Economic Woes Impact LVMH’s Arnault

MarketsBy Jack DentonOct 13, 2023, 11:31 am EDTShareReprintsElon Musk’s lead in the table of world’s wealthiest people has widened after the impact of...

A Gilded Age is Fading for Luxury Brands

The latest results from Louis Vuitton owner LVMH show that luxury shoppers are sobering up after years of heavy spending.Source link...

Birkenstock Seeks Up To $9.2 Billion Valuation In IPO—And Taps Billionaire Arnault’s Son For Board

Topline German sandal giant Birkenstock said Monday it plans to price its upcoming New York initial public offering at $44 to $49 per share,...

Coach and Michael Kors Tie-Up Shows Limits of Accessible Luxury

Affordable luxury has been a slow-growth category, and its prospects don’t look great either.Source link

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