As of 1:07 p.m. ET, LVMH stock was up 9.8%, compared to Richemont's 15.4%. Richemont reported a 10% increase in third-quarter sales to 6.2 billion euros ($6.4 billion), and it saw double-digit ...
Bernard Arnault, the CEO of LVMH (MC) who holds the fourth-place spot ... behind Bezos, Oracle (ORCL) founder Larry Ellison, who shot to the second-place spot in that ranking with a net worth ...
A strong quarter from Richemont lifted luxury stocks, including LVMH. LVMH and Richemont have both struggled in China. The report bodes well for LVMH's upcoming results. As of 1:07 p.m. ET ...
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