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The titan of French luxury has seen his wealth balloon by almost $48 billion this year amid a rally in his company's stock. The shares hit a record high this week, boosted by growth in the world's second-largest economy.
The titan of French luxury has seen his wealth balloon by almost $48 billion this year amid a rally in his company's stock. The shares hit a record high this week, boosted by growth in the world's second-largest economy.
Shares in Europe's big luxury companies may be an attractive way to take advantage of the economic growth expected in the world's second-largest economy this year this year.
Demonstrations against Macron’s pension overhaul spill over into other facets of France’s establishment
The luxury goods company posted strong results to start the fiscal year, coming off the tail of a record-setting year for revenue.