French world's top luxury group LVMH CEO Bernard Arnault (2nd R), flanked by chairman of the executive committee Antonio Belloni (2nd L), financial director Jean-Jacques Guiony (R) and executive vice president general for administration and legal affairs Jerome Sibille (L), speaks during the group's general meeting in Paris on April 18, 2024. LVMH said on April 16 that its first quarter revenues slid by two percent, with inflation worries knocking back wine and spirits sales but cosmetics and perfume getting a lift. (Photo by Miguel MEDINA / AFP) (Photo by MIGUEL MEDINA/AFP via Getty Images)