Published by Global Banking & Finance Review®
Posted on April 17, 2025
1 min readLast updated: January 24, 2026
Add as preferred source on GoogleLVMH CEO Bernard Arnault reports a strong start to 2025, but economic turmoil from March due to tariffs and inflation challenges growth, focusing on high-end products.
PARIS (Reuters) - The year started well but worsened from March due to economic turmoil linked to tariffs, the head of French luxury group LVMH said on Thursday.
Bernard Arnault also told the annual shareholders meeting that LVMH will focus on growth at the highest ends of its product range as less wealthy aspirational buyers will be more vulnerable to rising inflation and interest rates.
(Reporting by Tassilo Hummel and Mimosa Spencer; Writing by Dominique Vidalon; Editing by Makini Brice)
The main topic is the economic challenges LVMH faces in 2025 due to tariffs and inflation, as discussed by CEO Bernard Arnault.
LVMH plans to focus on growth at the high-end of its product range to counteract the effects of inflation and rising interest rates.
Bernard Arnault is the CEO of LVMH, a French luxury group, and he addressed the company's economic challenges at a shareholders meeting.
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