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LVMH’s Chief Counted Trump as a Friend. He Still Faces Tariffs.

18 April 2025 at 02:31
The trade war has hurt the Louis Vuitton Moët Hennessy luxury empire. Bernard Arnault, head of the company, said a failure to strike a deal with President Trump would be “the fault of Brussels.”

© Thibaud Moritz/Agence France-Presse — Getty Images

Bernard Arnault, head of LVMH, speaking about the luxury conglomerate’s financial results in Paris on Thursday. “Until the end of February, everything was going very well,” he told shareholders.
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