LVMH’s Moët Hennessy to Cut Workforce by 10%, FT Reports The renowned luxury conglomerate LVMH, known for its opulent brands and exquisite products, is making waves once again in the business world. According to the Financial Times, LVMH’s wine and spirits arm, Moët Hennessy, is set to reduce its workforce by approximately 1,200 employees. This […]
Op-Ed | Should LVMH Split Up?
Op-Ed | Should LVMH Split Up? The luxury goods industry has always been a fascinating realm, with its blend of opulence, prestige, and financial intricacies. In recent times, the idea of LVMH splitting up has been circulating within the business world, particularly the prospect of spinning off Moët Hennessy. This proposition has sparked debates and […]