LVMH Sales Cast Doubt on Luxury Rebound

The video discusses LVMH's recent market performance, highlighting a slight beat in the fashion and leather goods unit, but not enough to impress investors. It contrasts this with strong performances from competitors like Richmond. Bernard Arnault, LVMH's founder, shares his experiences in the US, noting a stark contrast with France's business climate, particularly regarding corporate taxes and unemployment. Arnault's relationship with Trump is also touched upon, though he declines to comment on potential tariffs on luxury goods.

What was the reaction of investors to the recent performance of luxury goods companies?

What did Bernard Arnold say about his relationship with Donald Trump?