LVMH Group

China’s consumer slowdown hits high-end conglomerate LVMH; its rivals Brunello, Hermes, Kering have yet to report sales.

The potential agreement could be worth a reported US$150 million ($195.34 million) annually.

Even with the selloff, LVMH founder, chairman and CEO Bernard Arnault, still has a net worth of US$191.6 billion.

(Nov 24): LVMH is close to a deal to buy Tiffany & Co, the fabled US jeweller, for more than US$16 billion ($21.8 billion) as it seeks to clinch what would be Chairman Bernard Arnault’s biggest-ever takeover.

Jean-Marc Pontroué is ready. Ready for his debut watch show with Panerai at SIHH 2019, and ready to unveil to the brand’s famously passionate fanbase his vision for their beloved marque. And it all circles back to one thing, he says, - Panerai’s &