• At 90, This Man Became a Social Media Star Thanks to His Impeccable Style

  At 90, John Fyfe has unexpectedly become the latest social media sensation. His wardrobe, more than 60 years old, is filled with classic American pieces, and his effortlessly polished style has earned him tens of thousands of followers, the Telegraph reports...

• Viral ‘Husband Application’ Sends Social Media Into a Frenzy as 36-Year-Old American Gets 241 Suitor Submissions

  Most people turn to dating apps in search of love. Arin Patterson decided to take things a step further — and opened a job posting, the New York Post reports...

• Ghost Billionaires: They Own the Sexual Fantasies of Millions, Yet No One Knows What They Look Like

  In her new book, Guilty Pleasure: The Pornification of the Internet, the Economy, and Everything Else, the Financial Times journalist explores the people who control a multibillion-dollar market while choosing to keep even their identities secret...

• 81-Year-Old Billionaire With No Heirs Plans to Leave His Fortune to a Ghost Town

  Eighty-one-year-old billionaire John Poindexter has no plans to leave his vast fortune to relatives — he simply has no heirs. Instead, the businessman has decided to dispose of his wealth in a highly unusual way: he wants to leave it to the small, nearly abandoned town of Shafter, Texas...

• Girls and Boys Begin Responding to the World Differently Just Hours After Birth

  Researchers at the University of Cambridge suggest that factors acting before birth may play a role, particularly levels of sex hormones. Another possibility, they say, is that the differences may be linked to slightly faster cognitive maturation in girls during the first days of life...

• Crackers Worth More Than Gold: Six Fused Goldfish Crackers Listed for $25,000

  Forget lottery tickets — apparently, there may be a far more lucrative option these days: simply opening a bag of Goldfish crackers…

• 90 Years Old, 19 Titles and a Dream Physique: Japanese Bodybuilder Refuses to Grow Old

  “Should I take my shirt off?” Toshisuke Kanazawa, 90, asks completely calmly. Seconds later, he is shirtless from the waist up, showing off his tanned, muscular physique, defined chest and prominent veins on his arms, The Guardian reports...

• British Scientists Discover Why Men Who Are Too Generous May Put Women Off

  British scientists have once again tackled one of life’s most pressing questions: what exactly gets in the way of building a successful relationship? This time, they turned their attention to men who are especially generous with charitable donations...

French luxury giant LVMH is experiencing a major downturn, with its shares falling 28% in the first quarter of 2026 — the worst performance since the company went public in 1987.

According to Bloomberg, LVMH’s Q1 results were even weaker than during the COVID-19 pandemic in 2020, the 2008 financial crisis, and the dot-com crash of 2001, marking an unprecedented moment for the luxury sector leader.

Following a brief post-pandemic boom, the luxury market has struggled to regain momentum since 2024. While the company reported a modest 1% organic sales increase in Q3 2025, overall sentiment has deteriorated rapidly due to rising prices, geopolitical tensions, and growing trade barriers.

Chairman and CEO Bernard Arnault has also taken a personal financial hit. His net worth dropped by $55.4 billion in the first quarter alone — the largest decline among the world’s 500 richest individuals, according to the Bloomberg Billionaires Index.

Concerns are mounting around LVMH’s flagship brands, including Louis Vuitton, Dior, Fendi, Celine, Loewe, Givenchy, and Loro Piana. The group’s wines and spirits division — featuring Moët & Chandon, Hennessy, and Dom Pérignon — is also under pressure, as declining consumption among younger consumers begins to impact revenues.

Amid global economic uncertainty and geopolitical instability, the luxury industry is facing mounting pressure — and LVMH, long seen as its strongest player, is now at the center of the storm.

Follow NEWS.am STYLE on Facebook, Twitter and Instagram