Luxury
Dior and Gucci owners suffer $14 billion wealth crash as luxury stocks slide
The billionaires behind some of the world's most iconic fashion brands took a blow to their fortunes on Tuesday as disappointed investors dumped luxury stocks. Bernard Arnault, the founder and CEO of LVMH Moët Hennessy Louis Vuitton, owns nearly 49% of Dior and Sephora's parent company, filings show. LVMH shares…
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