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CGT labour union at LVMH's Moet&Chandon and Veuve Clicquot champagne units called on staff to drop their work and take part in protests on Thursday to urge management to pay year-end bonuses.
In the $450 billion global beauty market, there is no business with as much cultural impact as the LVMH-owned retailer. Executives have a plan to make sure it stays on top.
Succession plans at luxury giant LVMH are seldom discussed within the controlling Arnault family, according to remarks by CEO Bernard Arnault's wife published in France's Liberation newspaper on Thursday.
Some workers at LVMH's wines and spirits division Moet Hennessy are planning a series of strikes starting on Friday to protest against a cut in annual bonuses, according to union leaflets seen by Reuters, in a sign of growing discontent at a business where profits have slumped.
Arnault built LVMH into the luxury juggernaut it is today by purchasing up other companies over the last few decades, including cosmetics brand Sephora in 1997 and legacy jeweler Tiffany & Co. in 2021 for $15.8 billion. In 2010, Arnault revealed he had quietly amassed a 23% stake in Hermès, one of his company's largest luxury rivals.
Paris, December 2nd, 2025 The disclosure of share transactions carried out from November 24th to November 28th, 2025, was sent to the AMF on December 2nd, 2025. As required by current law, this document is publically available and can be consulted on the Company's website (www.lvmh.com) under the section «regulated information».
Hermes heir Nicolas Puech has sued Bernard Arnault and his LVMH luxury conglomerate, among other parties, in a civil case related to Puech's claim that he was deprived of Hermes shares now worth billions of euros, according to a filing of his lawsuit reviewed by Reuters.
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