Tassilo Hummel

Paris

Correspondent at Reuters

Reuters News Correspondent in France | radio lover & author

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Articles

LVMH's Arnault lashes out at Brussels over US trade tensions

1 week ago | marketscreener.com | Tassilo Hummel |Mimosa Spencer

PARIS (Reuters) - European governments urgently need to ease tensions with the United States over President Donald Trump's tariffs, LVMH CEO Bernard Arnault said on Thursday, adding it would be "Brussels' fault" if no solution is found. "European countries should try to manage these negotiations, and not leave them to bureaucrats," he told the group's annual shareholder meeting.
LVMH's Arnault lashes out at Brussels amid trade tensions with United States

1 week ago | marketscreener.com | Tassilo Hummel |Mimosa Spencer

PARIS (Reuters) - The European Union urgently needs to ease tensions with the United States over President Donald Trump's tariffs, LVMH CEO Bernard Arnault said on Thursday, adding that it would be "Brussels' fault" if no solution is reached. LVMH, the world's largest luxury group by sales, makes around a quarter of its revenue in the United States. "If Europe is not able to negotiate intelligently, there will be consequences for a lot of companies," Arnault said.
Hermès subirá los precios en eeuu para compensar los aranceles de trump

1 week ago | lanacion.com.ar | Mimosa Spencer |Tassilo Hummel

By Mimosa Spencer, Tassilo HummelPARÍS, 17 abr (Reuters) - Hermès trasladará lacarga de los aranceles en Estados Unidos a su clientelaadinerada, según anunció el jueves la empresa francesa, queregistró unas ventas en el primer trimestre ligeramente pordebajo de las expectativas del mercado.
Luxury brand Hermes to pass on tariff costs to US clients as sales growth slows

1 week ago | sg.finance.yahoo.com | Mimosa Spencer |Tassilo Hummel

By Mimosa Spencer and Tassilo Hummel PARIS (Reuters) - France's Hermes (RMS.PA) will fully shift the burden of tariffs in the United States to its wealthy clientele, the company said on Thursday, as it posted first-quarter sales that slightly missed market expectations in a rare show of weakness. Hermes's first-quarter sales were dragged down by a continued lull in China, but were still better than peers.
Luxury brand Hermes to pass on tariff costs to US clients as sales growth slows

1 week ago | marketscreener.com | Mimosa Spencer |Tassilo Hummel

PARIS (Reuters) - France's Hermes will fully shift the burden of tariffs in the United States to its wealthy clientele, the company said on Thursday, as it posted first-quarter sales that slightly missed market expectations in a rare show of weakness. Hermes's first-quarter sales were dragged down by a continued lull in China, but were still better than peers.
Market: LVMH disappoints expectations with a drop in sales to T1

1 week ago | newsbulletin247.com | Mimosa Spencer |Tassilo Hummel |Florence Loeve

by Mimosa Spencer, Tassilo Hummel and Florence LoevePARIS (Reuters) – The French luxury group LVMH announced on Monday an organic decline of 3% of its sales in the first quarter, disappointing expectations and confirming the slowdown crossed by the sector. The contraction of turnover in the first quarter, after growth of 1% in the last three months of 2024, risks being poorly welcomed by investors.
LVMH misses forecast as core business slumps in first quarter

1 week ago | marketscreener.com | Mimosa Spencer |Tassilo Hummel

PARIS (Reuters) - LVMH, the world's largest luxury group, said on Monday sales fell 3% over the first quarter, missing expectations and confirming a sector slowdown as shoppers held back on purchases of designer goods in a choppy economic environment. The decline in first-quarter sales, after 1% growth in the fourth quarter and analyst expectations for 2% growth in January to March, sent LVMH depositary receipts traded in the U.S. down 7.5%.
Onde são mais mal produzidas as malas Louis Vuitton? No Texas

2 weeks ago | publico.pt | Tassilo Hummel |Waylon Cunningham

Ouça este artigo 00:00 08:51 Exclusivo Gostaria de Ouvir? Assine já Há seis anos, o multimilionário e presidente-executivo da LVMH, Bernard Arnault, e o presidente Donald Trump cortaram a fita azul de uma fábrica na zona rural do Texas, vocacionada para produzir malas para a Louis Vuitton, uma das marcas de luxo mais conhecidas do mundo.
LVMH finds making Louis Vuitton bags messy in Texas

2 weeks ago | japantimes.co.jp | Tassilo Hummel |Waylon Cunningham

Six years ago, LVMH's billionaire CEO Bernard Arnault and President Donald Trump cut the blue ribbon on a factory in rural Texas that would make designer handbags for Louis Vuitton, one of the world’s best-known luxury brands. But since the high-profile opening, the factory has faced a host of problems limiting production, 11 former Louis Vuitton employees told Reuters.
LVMH finds making Louis Vuitton bags messy in Texas

2 weeks ago | marketscreener.com | Tassilo Hummel |Waylon Cunningham

ALVARADO, Texas / PARIS (Reuters) -Six years ago, LVMH's billionaire CEO Bernard Arnault and President Donald Trump cut the blue ribbon on a factory in rural Texas that would make designer handbags for Louis Vuitton, one of the world's best-known luxury brands. But since the high-profile opening, the factory has faced a host of problems limiting production, 11 former Louis Vuitton employees told Reuters.