3 Key Takeaways From LVMH’s Annual General Meeting

Summary: LVMH CEO Bernard Arnault recently spoke at the company's big annual meeting in Paris. Even though the luxury brand's stock dropped 25% this year and global conflicts have slowed down sales, Arnault remains confident. He shared that Jonathan Anderson’s new designs for Dior are a huge hit and are already selling out. When asked about which of his five children will eventually take over the company, the 77-year-old billionaire joked that he isn't going anywhere soon. Thanks to a recent rule change, he can stay in charge until he is 85!

Source: Vogue URL: vogue.com/article/3-key-takeaways-from-lvmhs-annual-general-meeting (opens in new tab)