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Published on May 2, 2025

LVMH says it will cut 1,200 jobs at Moët Hennessy

Bernard Arnault during the presentation of LVMH's results on April 17, 2025 THIBAUD MORITZ / AFP The cognac crisis and the slump in champagne sales are shaking up LVMH, the industry leader. The luxury giant, keen to cut costs, announced plans to …

Source: Le Monde - Center-left
Published on May 2, 2025

LVMH's revival plan for Moet Hennessy pins hopes on big name brands

By Mimosa Spencer and Dominique Patton PARIS (Reuters) -LVMH will focus on its biggest, best known alcohol brands and rein in international ambitions for smaller labels to revive Moet Hennessy, the division's CEO Jean-Jacques Guiony told employees this …

Source: Yahoo Finance - Pending
Published on May 2, 2025

Billionaire Arnault’s LVMH’s Moët Hennessy to slash 10% of workforce

Moët Hennessy, the wine and spirits division of French luxury conglomerate LVMH, is preparing to cut more than 10% of its global workforce, citing declining sales and rising operational costs. The move, part of a sweeping internal restructuring, will …

Source: Nairametrics - Neutral
Published on May 2, 2025

LVMH to cut 10% of Moët Hennessy staff amid global luxury slowdown and trade tariffs

The job cuts, expected to affect around 1,200 staff, will reduce Moët Hennessy’s headcount to pre-pandemic levels, the Financial Times reported. In an internal briefing, CEO Jean-Jacques Guiony and deputy CEO Alexandre Arnault — son of LVMH chairman …

Source: Business Matters - Neutral
Published on May 2, 2025

LVMH to cut 10% of wine and spirits staff amid luxury slowdown

LVMH’s spirits and wine unit is to cut its workforce by 10 per cent as it grapples with the slowdown in luxury spending. Moët Hennessy, which owns brands such as Belvedere, Krug and Veuve Clicquot, told workers this week that it planned to reduce its …

Source: The Times - Center-right
Published on May 1, 2025

LVMH's Moet Hennessy to cut workforce by 10%, FT reports

(Reuters) -LVMH group's wine and spirits business Moet Hennessy will shrink its workforce by more than 10%, about 1,200 employees, the Financial Times reported on Thursday, citing an internal video message from the division's CEO, Jean-Jacques …

Source: Yahoo Finance - Pending
Published on Apr 30, 2025

A Boost For Luxury—And Men—as LVMH’s Celine Lands A First In Korean Duty-Free

Celine brand ambassador Dohoon of boy band TWS at the Celine flagship store opening in Seoul in ... More November 2024. (Photo by Han Myung-Gu/WireImage)WireImage Shinsegae Duty Free has opened luxury fashion brand Celine’s first dual-gender boutique …

Source: Forbes - Neutral
Published on Apr 30, 2025

LVMH Is Down, But Not Out - Here's Why It Still Deserves Attention

LVMH faces real challenges, including revenue declines and external factors like tariffs and China's economic slowdown, but remains a high-quality, well-managed company. Despite poor Q1 results, LVMH's strong brand, expertise, and capital …

Source: Seeking Alpha - Pending
Published on Apr 30, 2025

Watch Market Size And Shares Analysis (2025-2033) By Type, Gender, Price Range, Distribution Channel, Country And ...

(MENAFN- GlobeNewsWire - Nasdaq) Dublin, April 30, 2025 (GLOBE NEWSWIRE) -- "Watch Market Size and Share Analysis - Growth Trends and Forecast Report 2025-2033" has been added to ResearchAndMarkets.com's offering. The Watch Market is expected …

Source: MENAFN - Indeterminate
Published on 09:54 GMT

The Top 10 Richest People In The World (May 2025)

Published on May 4, 2025 After a volatile April for U.S. stocks, a guide to which of the world’s top ten richest came out ahead–and whose fortunes fell. Who are the 10 richest people in the world at the moment? Scroll down to see the updated list. Image: …

Source: Forbes Australia - Pending
Published on 03:24 GMT

Mette Engell named Coty Senior Vice President, Global Travel Retail as Guilhem Souche departs

Mette Engell: A highly regarded executive charged with elevating the travel retail experienceMette Engell has been appointed Senior Vice President, Global Travel Retail at US beauty house Coty. She was formerly the company’s Senior Vice President of Europe …

Source: The Moodie Davitt Report - Neutral
Published on 00:27 GMT

Riccardo Tisci faces sexual assault allegation

Riccardo Tisci has been accused of sexual assault and is facing a newly-filed lawsuit in the US. Riccardo Tisci - © PixelFormula A New York man, Patrick Cooper, claims that in June last year, the former Burberry and Givenchy creative chief drugged his …

Source: FashionNetwork India - Neutral
Published on May 3, 2025

Rome: Yulia Harfouch and Alda Fendi, a summit meeting in the fashion world

This week, during a stay in Rome, Yulia Harfouch, owner and editor-in-chief of HD Fashion & Lifestyle, based in Dubai, took advantage of her stay in Italy to dine with Alda Fendi, an iconic figure of Italian fashion and influential cultural patron. …

Source: Entrevue - Indeterminate
Published on May 3, 2025

Paris FC moves up to Ligue 1: a new era for Parisian football

A new chapter in Parisian football is being written: while PSG is on the verge of the Champions League final, Paris FC has reached Ligue 1 for the first time in its history. After a season dominated from start to finish in Ligue 2, the capital club has …

Source: Entrevue - Indeterminate
Published on May 3, 2025

Antoine Arnault's words after Paris FC's promotion to Ligue 1

« Ligue 2 is hot, it's tough... And I was told, you'll see, we'll go up to Martigues in the penultimate match and we'll play against Ajaccio to play for the Ligue 2 title."In the locker room, after Martigues-Paris FC (1-1), Friday …

Source: Entrevue - Indeterminate
Published on May 3, 2025

Paris FC joins PSG in Ligue 1. Why did Paris wait for 35 years to have two top-tier soccer clubs?

PARIS — For the first time in 35 years, two Paris-based soccer clubs will be playing in France’s top division. Paris FC, which was recently bought by France's richest family, secured promotion to the topflight and will join Qatar-funded Paris Saint- …

Source: Newsday - New York - Neutral
Published on May 3, 2025

The Soul in the machine: Holding onto our humanity in a tech-driven world

The human thread: South African designer Thebe Magugu was a speaker at the Abu Dhabi Culture Summit. I didn’t know much about Abu Dhabi when I stepped off the plane at Zayed International Airport. I knew that it was both the capital of the emirate with …

Source: Mail & Guardian - Left-wing
Published on May 2, 2025

Gold House And Nasdaq Convene Power Players To Celebrate The 2025 Gold Power Summit And A100 Honorees

The 2025 Gold Power Summit highlights pan-Asian excellence, venture capital influence, and cross-industry innovation during Asian Pacific American Heritage Month. Gold Power Summit 2025 at Nasdaq. Photo by Vanja Savic “Gold House doesn’t just award …

Source: Forbes - Neutral
Published on May 3, 2025

The Top 10 Richest People in the World

stephanie phillips / Getty ImagesThese founders, leaders and visionaries have a story behind their success that allowed them to amass vast amounts of wealth. Based on Forbes’ Billionaires Index as of May 2025, these are the ten richest people in the …

Source: AOL - Pending

01 days 15:57:41

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Published on May 4, 2025 - 09:02 GMT

EU prepares to tap frozen Russian funds

(MENAFN) According to a Reuters report on Friday, Belgium-based financial clearinghouse Euroclear is preparing to release around €3 billion ($3.4 billion) from frozen Russian assets to compensate Western investors with holdings stuck in Russia. The move is …

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Published on May 3, 2025 - 13:27 GMT

EU DEADLINE ALERT: enCore Energy (EU) Faces Investor Lawsuit Amid Financial Reporting Woes, Leadership Shakeup – Hagens ...

SAN FRANCISCO, May 03, 2025 (GLOBE NEWSWIRE) -- A class-action lawsuit has been filed against enCore Energy Corp. (NASDAQ: EU), a uranium exploration and development company, alleging violations of the Securities Exchange Act of 1934. The suit, Zhongjian v …

Distribution channels: Consumer Goods, Law ...

Published on May 3, 2025 - 19:54 GMT

EU Supports New US, Ukraine Economic Deal

(MENAFN) The European Union expressed approval of the newly formalized economic cooperation deal between the United States and Ukraine, stressing that this accord will not interfere with Ukraine’s path toward EU membership, according to Paula Pinho, the …

Distribution channels: ...
Published on May 3, 2025 - 19:06 GMT

Great Gatherings Showcases the Best of Greek Wine & Cheese in Boise, Idaho

Boise Events to Spotlight Europe’s Finest Wine and Cheese for U.S. Media and Professionals BOISE, ID, UNITED STATES, May 3, 2025 /⁨EINPresswire.com⁩/ -- The Association of Leading Greek Producer Organizations of Top-Quality Wine and Cheese—comprising the …

Distribution channels: Agriculture, Farming & Forestry Industry, Consumer Goods ...

Published on May 4, 2025 - 09:02 GMT

Zelenskyy Criticizes Hungarian Premier

(MENAFN) Ukrainian Leader Volodymyr Zelenskyy voiced strong disapproval on Saturday regarding Hungarian Premier Viktor Orban’s resistance to Ukraine’s inclusion in the European Union. Zelenskyy contended that most Hungarian citizens are in favor of Ukraine …

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Published on May 4, 2025 - 09:02 GMT

Media reports Serbian leader skipping meetings in Washington

(MENAFN) Serbian President Aleksandar Vucic abruptly ended his visit to the United States on Friday after falling ill, according to Serbia’s state broadcaster RTS. Vucic, who arrived in Florida on Wednesday for meetings with U.S. politicians and members of …

Distribution channels: ...
Published on May 4, 2025 - 10:01 GMT

Brussels suggests solution to Trump

(MENAFN) The European Union is considering significantly boosting imports from the United States as a way to persuade President Donald Trump to lift newly imposed tariffs, according to European Trade Commissioner Maros Sefcovic, as reported by the …

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Published on May 4, 2025 - 10:01 GMT

Russia’s Gazprom reports USD15 billion net profit

(MENAFN) Russian energy company Gazprom reported a net profit of 1.2 trillion rubles (approximately $14.76 billion) in 2024, rebounding strongly after recording its first loss in over 20 years in 2023. The turnaround was largely driven by a recovery in gas …

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Published on May 3, 2025 - 18:59 GMT

AMMWEC and UPF Honor Pakistani Senator Kamran Michael for Championing Religious Freedom

WASHINGTON, DC, UNITED STATES, May 3, 2025 /⁨EINPresswire.com⁩/ -- The American Muslim & Multifaith Women’s Empowerment Council (AMMWEC), in partnership with the Universal Peace Federation (UPF), proudly presented awards to Pakistani Senator …

Distribution channels: Human Rights, International Organizations ...
Published on May 3, 2025 - 16:04 GMT

Statement by the OSCE Mission to Bosnia and Herzegovina on the Occasion of World Press Freedom Day

Sarajevo, 3 May 2025 – A free society depends on a free press. In recognition of World Press Freedom Day, the OSCE Mission to Bosnia and Herzegovina (Mission) reaffirms its continued commitment to defending the fundamental right to free and independent …

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Published on May 2, 2025 - 20:59 GMT

Quin Christian and Eugene Rhuggenaath Engage in Exchange of Ideas in Washington for Curaçao’s Sustainable Development

A focus on sustainable development and future-proof investments WASHINGTON, DC, UNITED STATES, May 2, 2025 /⁨EINPresswire.com⁩/ -- During a visit with U.S. lawmakers last week, Quin Christian held a productive meeting with former Prime Minister of Curacao …

Distribution channels: Banking, Finance & Investment Industry, International Organizations ...
Published on May 3, 2025 - 06:26 GMT

Many Citizens of Redington Beach Seeking Formal Complaints Regarding Alleged Retaliation by Local Officials

We The People Of Redington Beach Image REDINGTON BEACH, Fla., May 03, 2025 (GLOBE NEWSWIRE) -- Citizens for Fair Governance, a civil rights advocacy group representing many residents of Redington Beach, Florida, are seeking to file a formal complaint with …

Distribution channels: Media, Advertising & PR, Politics ...
Published on May 2, 2025 - 17:00 GMT

EIN Presswire’s Debut Edition of ‘Heard on the Streets': PR Expert Clears Up Important PR Misconception

Sherrie Handrinos discusses how to earn media coverage and the key differences between earned PR and paid placement WASHINGTON, DC, UNITED STATES, May 2, 2025 /⁨EINPresswire.com⁩/ -- In the debut edition of “Heard on the Streets,” a new series on …

Distribution channels: Agriculture, Farming & Forestry Industry, Amusement, Gaming & Casino ...
Published on May 2, 2025 - 14:32 GMT

President Trump Backs Italian Columbus as Notorious Historian Challenges Italian Columbus Myth and Fraud

President Trump revives Columbus Day as renowned historian dares to correct ancient misconceptions that have shaped American misunderstandings for generations. TRELEW, PANTAGONIA, ARGENTINA, May 2, 2025 /⁨EINPresswire.com⁩/ -- As President Donald …

Distribution channels: Politics ...
Published on May 2, 2025 - 23:28 GMT

ThinkCareBelieve: Week 15 of the Trump Administration

Washington, DC, May 02, 2025 (GLOBE NEWSWIRE) -- Link to ThinkCareBelieve's Article: https://thinkcarebelieve.blog/2025/05/02/week-15-of-the-trump-administration/ Article on Deportations, Criminal Aliens and Child …

Distribution channels: Book Publishing Industry, Business & Economy ...
Published on May 2, 2025 - 20:47 GMT

Empowering the Next Generation: OSCE Trains Over 3,000 Youth in Financial Literacy across Kyrgyzstan

For several years, the OSCE Programme Office in Bishkek (POiB) has been leading a sustained effort to promote financial literacy among youth in Kyrgyzstan. Through comprehensive training programmes held annually across the country, the POiB helps young …

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Published on May 2, 2025 - 20:46 GMT

OSCE and EU support Central Asian states to safeguard non-profit organizations from abuse by terrorists

Ensuring a proportionate approach to combating the instrumentalization of non-profit organizations (NPOs) by terrorists in Central Asia was the focus of a workshop organized by the OSCE Transnational Threats Department and the EU Global Facility on Anti- …

Distribution channels: Politics
Published on May 2, 2025 - 20:46 GMT

Building Climate Resilience: OSCE Chairpersonship Event in Vienna

VIENNA, 2 May 2025 – Over 140 participants from OSCE Participating States, Partners for Co-operation, OSCE Institutions, civil society, and international organizations gathered in Vienna for the "Resilient Together in a Changing Climate" …

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Published on May 2, 2025 - 20:46 GMT

International observers to Romania’s repeat presidential election to hold press conference on Monday

BUCHAREST, 2 May 2025 – International election observers will hold a press conference to present their findings following the repeat presidential election in Romania. What: A press conference of the international election observation mission to the repeat …

Distribution channels: Politics
Published on May 2, 2025 - 04:38 GMT

Essay Contest Winners Celebrate Why They Like Carson by Showcasing Schools, Parks, Restaurants, and Community

CARSON, CA, UNITED STATES, May 1, 2025 /⁨EINPresswire.com⁩/ -- The City of Carson hosted its annual “Why I Like Carson” Essay Writing Contest Awards Ceremony on Tuesday, April 30, 2025, at the Carson Event Center. The "Why I Like Carson" …

Distribution channels: Education, Politics ...
Published on May 2, 2025 - 11:38 GMT

OSCE strengthens law enforcement and judicial response to gender-based violence through survivor engagement and theater ...

On 28 and 29 April, the OSCE Transnational Threats Department, in co-operation with the OSCE Mission to Bosnia and Herzegovina, held a two-day training course on gender-based violence (GBV) for 24 police and judicial professionals from the Federation of …

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Published on May 2, 2025 - 11:38 GMT

OSCE Chairperson and OSCE Representative on Freedom of the Media reaffirm necessity of media freedom to mark World Press ...

VIENNA/HELSINKI, 2 May 2025 — On World Press Freedom Day, the OSCE Chairperson-in-Office Finnish Foreign Minister Elina Valtonen and the OSCE Representative on Freedom of the Media (RFoM) Jan Braathu reaffirm the necessity of upholding media freedom in …

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Published on May 1, 2025 - 21:16 GMT

National Bar Association President Issues Statement Condemning Trump Administration’s Attempt to Erase Black History

Wiley S. Adams denounces removal of key African American artifacts from the Smithsonian as a direct attack on truth and justice WASHINGTON, DC, UNITED STATES, May 1, 2025 /⁨EINPresswire.com⁩/ -- Wiley S. Adams, President of the National Bar …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 1, 2025 - 19:27 GMT

Treatment Communities of America Celebrates 50 Years of Advancing Substance Use Disorder Treatment and Recovery

For five decades, Treatment Communities of America (TCA) has been advocating for effective, person-centered substance use disorder treatment. WASHINGTON, DC, UNITED STATES, May 1, 2025 /⁨EINPresswire.com⁩/ -- Treatment Communities of America (TCA), a …

Distribution channels: Companies, Healthcare & Pharmaceuticals Industry ...
Published on May 1, 2025 - 18:15 GMT

TMA Champions Myositis Awareness Month and Resolution in US House of Representatives

Rep. Rich McCormick (R - GA) introduces a resolution in the US House of Representatives supporting the designation of May as National Myositis Awareness Month. COLUMBIA, MD, UNITED STATES, May 1, 2025 /⁨EINPresswire.com⁩/ -- May is Myositis Awareness …

Distribution channels: Culture, Society & Lifestyle, Education ...
Published on May 1, 2025 - 17:02 GMT

New HHS Trans Report Counters Medical Care Consensus

New Federal Report on Transgender Youth Care Advises Against Medical Care for Highly Suicidal Population NEW YORK, NY, UNITED STATES, May 1, 2025 /⁨EINPresswire.com⁩/ -- Today the U.S. Department of Health and Human Services released a report …

Distribution channels: Healthcare & Pharmaceuticals Industry, Human Rights ...
Published on May 1, 2025 - 16:13 GMT

Ranger Band Alumni Association Endorses Jeanne Johnson and Jason Steele for Kilgore College Board of Trustees

KILGORE, TX, UNITED STATES, May 1, 2025 /⁨EINPresswire.com⁩/ -- The Ranger Band Alumni Association Group proudly endorses two distinguished candidates for the Kilgore College Board of Trustees: Jeanne Johnson for Central Zone, Voting Unit #3, Place …

Distribution channels: Business & Economy, Culture, Society & Lifestyle ...
Published on May 1, 2025 - 16:00 GMT

Les Rubin, Founder of Main Street Economics, Warns of America's Financial Tipping Point

Les Rubin Shares a Wake-Up Call for Fiscal Responsibility, Limited Government, and the Survival of the American Dream WASHINGTON, DC, UNITED STATES, May 1, 2025 /⁨EINPresswire.com⁩/ -- Main Street Economics founder, Les Rubin, is sounding the …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...