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The Youtube channel Bloomberg Television has published today a new video called Billionaire LVMH Owner Arnault Impressed by US Optimism Under Trump. You want to discover this video and watch it in streaming, you are lucky we put it aside for you!
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For your information, you can find below the description of the video Billionaire LVMH Owner Arnault Impressed by US Optimism Under Trump published by the Youtube channel Bloomberg Television:
LVMH’s sales of fashion and leather goods declined in the fourth quarter, casting doubt on the prospects for a quick recovery in luxury demand. Sales at the key unit, which includes the Louis Vuitton and Christian Dior brands, slipped 1% on an organic basis as holiday shoppers remained cautious. Meanwhile, billionaire owner Bernard Arnault, speaking on the sidelines of LVMH’s annual results presentation in Paris, said a wind of optimism is blowing through the US after Donald Trump’s inauguration as president, in contrast to his native France, where the government is seeking to raise corporate taxes and unemployment is increasing. Bloomberg's Angelina Rascouet reports.
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