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Tag - world news

How LVMH Became A $500 Billion Luxury Powerhouse

How LVMH Became A $500 Billion Luxury Powerhouse

The luxury conglomerate LVMH Moët Hennessy Louis Vuitton controls 75 Maisons, or brands, including Tiffany & Co., Sephora, Dior, Givenchy and TAG Heuer. At the helm of the luxury empire is the richest person in the world, Bernard Arnault, whose five children all hold senior executive roles within the company. With a keen eye for luxury, ruthless negotiation skills and an effective business acumen, Arnault has acquired some of the biggest names in the world. Most recently, in 2021, the...

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Parliament votes on a motion for the closure of the Israeli embassy in South Africa

Parliament votes on a motion for the closure of the Israeli embassy in South Africa

Parliament is about to vote on a motion by the EFF calling for the closure of the Israeli embassy in South Africa. This afternoon, the National Assembly will be voting on whether South Africa should sever ties with Israel. Meanwhile, the Israeli government has decided to withdraw its diplomatic representative from South Africa. Last week, South Africa also announced that it had recalled it last remaining diplomats from Tel Aviv For more news, visit sabcnews.com and #SABCNews on all Social Media platforms. source

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