Skip to main content
BoF Logo

Agenda-setting intelligence, analysis and advice for the global fashion community.

Bernard Arnault Grapples With the Biggest Slump in LVMH’s History

The luxury goods maker is reeling from a sharp downturn in the €364 billion industry — and questions about succession are growing louder.
Head of top luxury conglomerate LVMH Bernard Arnault addresses a speech during the presentation of the French top luxury conglomerate LVMH group's 2024 financial results as part of a general meeting of shareholders in Paris
LVMH chairman Bernard Arnault during the company’s annual shareholders meeting in April. (Getty Images)

In a conference hall deep under the glass pyramid of Paris’ Louvre Museum,

Please sign in to ensure you can read our agenda-setting intelligence, analysis and advice. Or get in touch at support@businessoffashion.com if you experience difficulties.

Further Reading

Delphine Arnault Confirms Jonathan Anderson’s Dior Takeover

In a rare in-depth interview, the Dior chief executive talks to BoF’s Imran Amed about the logic for hiring Anderson to oversee both the men’s and women’s sides of the business and how the French mega-brand plans to recapture customers amid a sharp downturn in the luxury sector.

© 2026 The Business of Fashion. All rights reserved. For more information read our Terms & Conditions

More from Luxury
How rapid change is reshaping the tradition-soaked luxury sector in Europe and beyond.

What Happened at Coperni Owner Tomorrow Ltd.?

The London-based showroom-turned-brand incubator, which also owns Martine Rose, is being sold to Italy’s Andrea Ciccoli. Founder Stefano Martinetto breaks down the move for BoF in this week’s High Margin luxury newsletter.


view more
Latest News & Analysis
Unrivalled, world class journalism across fashion, luxury and beauty industries.
VIEW MORE
Agenda-setting intelligence, analysis and advice for the global fashion community.
CONNECT WITH US ON