LVMH ($MC.PA) 2026 AGM Recap: Alexandre Arnault's Africa Pitch & the Currency Excuse
LVMH's 2026 AGM at the Carrousel du Louvre saw revenue fall 5% to €80.8bn and profit drop 9%, with Bernard Arnault deflecting succession questions while Alexandre Arnault pitched Africa as Moët Hennessy's next growth engine. Why the FX excuse doesn't hold, why Africa can't...