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New faces set to lead Christian Dior and Louis Vuitton

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2 years ago

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LMVH Chairman and CEO Bernard Arnault has has appointed two people to help lead his luxury goods empire.

His daughter, Delphine, will be in charge of Christian Dior while Pietro Beccari will lead Louis Vuitton, replacing Michael Burke.

Delphine Arnault has worked at Louis Vuitton for the past decade, while Beccari has previously been in charge of Fendi.

Burke will move into a role working alongside Bernard Arnault – his role has not been detailed.

The changes will come into effect in February.

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Warner Brothers & Discovery considers splitting up to boost stock value

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1 week ago

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July 19, 2024

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Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

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Investors worldwide grow increasingly optimistic about Trump winning the election

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1 week ago

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July 18, 2024

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Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

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Netflix expands use of ads despite slow subscriber growth

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1 week ago

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July 18, 2024

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Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

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