At constant currency Hermès leather goods grew 10.2% over nine months. LVMH's fashion and leather goods division fell 2% organically, while its release praised five maisons by name.
Core EPS of $0.46 trails the $0.48 dividend for a third straight quarter. Income from controlled affiliates is carrying more of a smaller total.
Seven operating hires beat six deal-team hires in a 25-move week. Insight Partners lost three senior people, and the head of private equity at a big state pension crossed to a GP.
The $200 ChatGPT Pro tier is back with a smaller allowance. The $500 tier's headline feature burns that allowance at eight times the normal rate.
