Bernard Arnault dismisses La Samaritaine sale rumors at LVMH annual meeting

11 articles · Updated · Vogue · Apr 23

Speaking in Paris, Arnault confirmed LVMH’s commitment to La Samaritaine despite lower-than-expected footfall and a 25% share price drop this year.
He addressed the Middle East crisis’s impact, noting a 1% reduction in Q1 organic growth, and expressed confidence in the luxury sector and his five children’s leadership roles.
Arnault highlighted Dior’s strong commercial performance under Jonathan Anderson and reiterated optimism for the Chinese market, while succession plans remain focused on family involvement and long-term stability.

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