Christian Dior

Luxury brands are grappling with a significant sales slump, raising concerns over the long-term structural attractiveness of the industry. What Happened: Last week Kering disclosed a less-than-expected Q2 2025 performance, with a 15% YoY drop in sales to $4.27 billion. This falls short...

While he’s not as popular as Jeff Bezos or Elon Musk in the U.S., Bernard Arnault doesn’t need to be — he’s the richest person in the world and may have the most unique story amongst his billionaire peers. Arnault, 73, born in France, may be most well-known today for his...

The owner of a luxury goods company has surpassed two well-known entrepreneurs to become the richest person in the world. Bernard Arnault, the CEO and Chairman of LVMH Moët Hennessy Louis Vuitton SA (OTC: LVMUY), is now the world’s richest person, as reported by QZ.com. Right now,...

The coming week is set to be a big one for European markets, as the European Central Bank is due to hold a policy meeting on Thursday. The bank is widely expected to add to its stimulus measures by lowering deposit rates even further into the negative territory. That means borrowing will become...