he is a 40% owner of the family of louis vuitton. he leaves elon musk literally in the dusk. $12 billion yesterday, the second biggest single day move for anybody on the wealth. he is leaving elon in the dust. elon musk is cutting the prices of his tesla whereas if you look at the louis vuitton family, lvmh is raising prices. a volume of tesla's versus a dearth of broken bags. we are on the actual wealth, company value now, which is what you have here. the actual propulsion of louis vuitton into the world's top 10 market values. it is close to $500 billion and that is one of the main drivers of the arnault wealth process. this is what it did in the space of a day, up over 5%, propelling louis vuitton. louis vuitton and her maze on average return 20% over the past decade. the stoxx 600 delivered 8% returns. this juggernaut that is luxury in europe is to what tech is in the united states of america. rich go his way you can track where elon's wealth number is versus arnault. you can safely say he is doing a little bit better with bargai

manus: perfectly wrapped up like a louis vuitton gift. "daybreak: europe." . ♪ everything's changing so quickly. before the xfinity 10g network, we didn't have internet that let us play all at once. every device? in every room? why are you up here? when i was your age, we couldn't stream a movie when the power went out. you're only a year older than me. you have no idea how good you've got it. huh? what a time to be alive. introducing the next generation 10g network. (jennifer) the reason why golo customers have such long term success only from xfinity. the future starts now. is because we focus on real foods in the right balance so you get the results you want. when i tell people how easy it was for me to lose weight on golo, they don't believe me. they don't believe i can eat real food and lose this much weight. the release supplement makes losing weight easy. release sets you up for successful weight loss because it supports your blood sugar levels between meals so you aren't hungry or fatigued. after i started taking release, the weig

crowd at once once again defeated the famous cafes, the rotunda and captured the headquarters of louis vuittonl, by the way, this is a favorite brand. the first lady lies macron on how france is trying to reach out to the government of anastasia popov spontaneous rallies swept the entire french capital the champs elysees were painted in the red light of flares, chanting slogans against pension reform and the abolition of social benefits people caught between cars moved from the arc de triomphe towards the elysee palace . symbols of wealth and luxury , the favorite target of rebellious youth, she breaks into the building louis vuitton the room envelops the food the lyceums block the strike already and the high school. the entrance to the len-boucher educational institution is barricaded with garbage cans. the garbage collectors of paris from this day again stop collecting waste, they promise to turn the capital into a landfill again, the police are trying to unblock the forces from accessing the incineration plant and paint the hay, oil refining has been stopped in leon, in many regions of fran

the direction of the world economic forum. shopping with a twinkle french protesters stormed the louis vuitton apartment in paris blocked the approaches to the constitutional council. hello could you sell your kidney, how ukrainian swindlers breed belarusians about the work of criminal half-centers. belarus russia needs to speed up cooperation in industry, especially in the field of mechanical engineering , our president said today at a meeting with the head of tatarstan belarusian capital has established the assembly of our tractors, but today's reality opens up new opportunities for cooperation, the president is convinced our countries need import-substituting production. good the industrial base of minsk kazan will make it possible to implement new projects. we are making a very big stake between saturn and russia on the industrial one. sphere that is why the president of russia and i once again paid special attention during bilateral talks and last week's supreme state council meeting in moscow to this particular area. as a result, we see joint work. created, say, 20 years ago , the limite

ferrari, louis vuitton, you know the stock price? they're at all-time highs.recession? i will ask phil blancato. he is next. ♪. if lawn care were easy, everyone would do it... as well as trugreen does it. trugreen's online tools help ensure your custom treatment works to deliver a greener, healthier lawn - guaranteed. it's time to trust your experts at trugreen. go online today! ♪. charles: doesn't it seem like these daysing everybody wants to go against the grain but in real life the herd is a powerful force, right? there are so many ways to be contrarian these days. if you're bullish take a look at this. this is number of investors looking to increase their equity exposure. this is a the 27%. this is a woeful number. if this is so low ironically enough it could being canned a buy signal. on the other side of this investor intelligence this morning, they come out with their weekly survey, 57.1% bullish, wow. that is the highest of november 2021, right when the nasdaq peaked. if you're bearish, this is the number, contrarian stuff. bring in phil blancato chief

they literally just left the louis vuitton store on aerial avenue.there are young people everywhere here , well over 300 people, what is happening here is very similar to what happened at the offices of the black financial fund last week. they smashed the store, a symbol of capitalism and wealth; today louis vuitton has become this store and many the protesters told us what would continue to hold similar actions. they do not want to stop what they call a protest against unconstitutional actions. if this law remains in force, they will continue and will not make concessions. this is what they told us, to us all the demonstrators we interviewed the world. you say she's got money to finance her pension, then come over here and look for it in the pockets of billionaires who have so much money they don't know what to do with. so we voluntarily and peacefully went out to propose an idea a great idea and the money to finance pensions is in the pockets of billionaires and you need to start with bernard arnault . we will, of course, keep an eye on paris. this

pension reform, railway workers and trade unionists arrived at the building of the french company louis vuitton to some demonstrators. it was possible to get inside the protesters burning fireworks and chanting a strike. macron lock, get out. what are the protests in france will become the most massive this year, according to forecasts, up to 800,000 people will take part in the march. tomorrow the country's constitutional council is to announce a decision on the compliance of the scandalous pension reform legislation. the us predicted an internal split earlier, some experts have already stated that the worsening situation in the country confirms the inevitability of a hot civil war with bombings, assassinations, and attacks on federal agencies and officials. the impending doom of western civilization was expressed by the expert of the world economic forum. i think a civil war is brewing in the us. i think americans now hate each other and fear each other more than they hate and fear anyone else on the planet, and i understand why i know, the main issues are the main points of contention, like

sharp increase in chinese demand over time with covid restrictions, wealthy chinese yearned for louis vuittonhis was economic news in a nutshell. great britain announced not only the supply of tanks to ukraine, but also shells with combined uranium. they have already lost their bearings, as it was in 1999 in yugoslavia, the first shock wave covered this street and went further into the city. this is the same serebryanka as the nato military called it, in the center there is a core of combined uranium, such anomalies were not found in children. i'm just referring to ukrainians let me on your land, used this terrible weapon. we watch to know everything about russia , we watch the best historical series for free without registration. brazilian president lulada silva made a number of high-profile statements during his visit to beijing , including calling for the abandonment of the us dollar and the development of trade in national currencies. but even in china there is a foreign minister, germany on lennoc her trip has already been called the most difficult mission for her entire term in office b

today everything is different, protesters break down the doors at the headquarters of louis vuitton attime there were no employees , the demonstrators climbed the steps , stretched out banners calling for macron to resign the whole room. school encodes garbage cans, and fireworks are also waiting here. garbage collectors in paris from this day again stop collecting waste promise to turn the capital into a dump again the police are trying to unblock the forces access to the waste incineration plant in the vicinity of the metropolis the president has been gathering key ministers of the chairmen of the upper and lower houses of parliament since morning for consultations, but obviously, he is not going to deviate from the reform he has started. what he again said in amsterdam , where he was on a visit the day before and constantly encountered disgruntled french there too. and for this kiss, i will propose to arrange an exchange of views that will show disagreements with the executive branch. but this will allow us to proceed further and report on the decisions of the constitutional council

uh, a louis vuitton throw worth about 100,000 rubles. and a pillow for 50,000 rubles.o speak to the press. also, the investigative committee brought elena's driver, who drove her at a speed of about 100 km / h on the border with belarus, i remind you that elena was detained at around 4:00 in the morning at the krasnaya gorka checkpoint, which is located in the smolensk region. elena behaved herself, defiant at some points even aggressively and tried to bribe. uh, investigators in the amount of 5 million rubles. in order for her to be released, she then raised the rates to 10 million rubles. well, the driver himself admits that he was not aware of where he was taking elena and what goals? please tell me how elena i did not see her. and why did she try to hide from the country and why did you go to the border of belarus on a maybach, we were the driver here. we've already been with her. she specifically chose you. you knew in advance about this trip , i can not say anything. the day before , searches were carried out in the apartments of elena blinovskaya in the office ,

thanks to a surge in demand in china during the coronavirus lockdown, wealthy chinese yearn for louis vuittonr short. we live in a great country, and it's true. where i am, holding the state together like it was in the ussr, we are building a new world and a new person. this is a memory of someone who likes it, someone does not, but it is a memory and i and you have one to win. we need victory any color. in the course of a sudden check of the combat readiness of the pacific fleet , a reflection of the enemy’s exhibition on the south kuril islands and sakhalin will be worked out , defense minister sergei shoigu said at a meeting with the leadership of the military departments. mi of the russian federation at vladivostok time was raised on alarm and began to carry out the highest degree of combat readiness . the main goal of this check is to increase the ability of the armed forces to solve the tasks of repelling the aggression of a likely enemy and maritime sectors in accordance with the scientific orders of the general staff of the fleet. training environment to carry out short- term training

today, everything is different , the protesters break down the doors at the headquarters of louis vuittonees inside at that time, the demonstrators climbed the steps, stretched out banners calling for macron to resign and lit fireworks. the whole room was enveloped in dense smoke. the entrance to the secondary school of the nbu is barricaded in garbage cans . fires are also waiting here. scavengers of paris on this day, they stop collecting waste again, they promise to turn the capital into a dump again, the police are trying to unblock the forces from access to the waste incineration plant in the vicinity of the megapolis, the president has been gathering key ministers in the morning, the chairmen of the upper and lower houses of parliament for consultations, but obviously he is not going to deviate from the reform he has started . what he again said in amsterdam , where he was on a visit the day before and constantly encountered disgruntled french there too. i will propose to arrange an exchange of views, which will show disagreements with the executive branch. but this will allow us to

it was a chewy vuitton was a play on louis vuitton. you have to congood evening up enough. someone else is telling t vehicle. in the chewy vuitton case i'm struck willow difrent. our court said i'm struck willow similar. in the chewy vuitton he said all of the designs wereifferent. louis vuitton makes dog products and they are hig end products. jack daniels makes dog products and sell them in same stores they thought it wasunny.oys. only 7 people said they t there was a confusion as to who owned it and needederssion. that left 25% confusion. that's a massively high consumer survey. the other thing i'd like to say for 30 yearss what the pto has been doi. it's confusing or not confusing. look how similar the mark is and something th says whoa, so obvious. republicans going around drunk and nee to soberp. they will say you need to do that. i can go on and on andn. the other thing about aesthetically. debb does dallas wasn't aesthetilly pleasing. >>> i take itour short answer to justice's hypothetil where the survey shows 25%. let's say it shows 30%. your answer is tha has to go

in paris, after which some especially aggressive people went to the concern 's main office, and louis vuitton my nsc owned by one of the richest people, the planet's richest frenchman, the activists were able to break inside with slogans with firecrackers with fireworks hung out their slogans there, which boiled down to the following words: strike, macron blocking, get out. france is now awaiting the decision of the constitutional council, which is the only one. now it can either cancel or change the text, three forms of today's social polls show that three-quarters of three-quarters of the french are in favor of holding a referendum on this issue, and today at the paris demonstration there were representatives of various political forces and representatives of again all eight trade unions of the country, the trade unions have already announced that no matter what word the constitutional council says tomorrow, they will continue to take people out on the street, while according to information. media today macron held a meeting with the heads and the national assembly and the senate to continu

people took to the champs-elysées, where a few days earlier, demonstrators occupied the office of louis vuittonnow they tried to break in, the famous luxury restaurant lefuque chanted slogans and the times of yellow vests, hard footage of the confrontation with the police, reinforcements from the south , a brigade that was trained specifically to suppress demonstrations. rigidity even brutality of policemen remains practically unpunished. gentlemen you see people shooting real bullets at the police they have helmets, they have weapons. what is the ratio between a shot with a rubber bullet that sends people into a coma and an abandoned bottle, the crowd is poured from water cannons, they shoot at people with rubber bullets, so much so that once again a woman is seriously injured in the eye, aggression in response to aggression, cocktails already arrive at the police . molotov he promised people that they would be able to justify peacefully, but the peaceful protest again failed. this is how today's democracy in france looks cold to put your arm broken. not no broke hit beautifully. well done, do

sueÑo cantando en cochela y tambiÉn leo messi es la cara de la Última campaÑa de la firma de lujo louis vuittonres dólólares al cocor lánzatate a dunkinin' grandes ofertatas por uno,o, un café meo grde. amica se mueve con dunkin'. descubre l la ciencia a de un cabellolo mÁs s fuerte nuevoo frfructis con n keratina descubre l la ciencia a de un cabellolo mÁs s fuerte prproteÍnana o o biotina prproteÍnana en sistemamas recargadados controrola el frizizz hasta 72 h horas 48 h horas de defininiciÓnn o 72 hororas de cabebello mÁs gruesoso nuevo frucuctis de gararnier, o 72 hororas de cabebello mÁs gruesoso naturalmenente la mejoror manera dede comenr el d día es en f familia. o 72 con n un buen dedesayuno mÁs de jimmy d dean. que e es rico enen proteínasasa listo o en solo dodos minut. para echararte a andarar el c cuerpo. mmmmm. encuenentra los dedesayunos de jimimmy dean enen la seccióión de congegel. hohoy es tu dídía para briri. (p(perro ladrando) amamamos a nueuestras mascsco. pero no o tanto su p pelo. por eso creaeamos boununce pet haiair and lint guard d con tres v veces más ingrgredientes p

plan continued on thursday as activists stormed the headquarters of lvmh, the parent company of louis vuitton for more on this, we're joined by nbc's claudio lavanga in rome good morning what's expected to happen in france as that rulin 11:30 today? >> reporter: it could go two ways if it is to be amended or dropped, expect the protests to turn into a mass party if the council approves it, expect the protests to continue and stintensify. if they have a public referendum, there is a chance that the majority will vote no to that. a decision by the constitutional council today expected in a few hours from now cori, phillip? >> house authorities are ready for that amount of crowds in the streets. >>> let's take a look at our weather now on this friday angie lassman is here with us with a look at our weekend weather. it's been unusually warm for so many of us. >> have you liked it or are you looking for spring? >> yeah. >> i think people go both ways jumping into the 90s may be not everybody's cup of tea, but i enjoyed it chicago's going to run 20 degrees plus above normal for this time of year an

is also called and in his wardrobe they found that he had a scarf from the super famous company louis vuittond the opinions of people, especially among probably the parishioners of the uoc mp, who said, well, but well, and besides, we saw this building where he lives with some goldfish and all kinds of things. the person said that there is no heating, no light, no spoons, no, no. what to even eat well, this is house arrest, a person is terribly poor, or can a person who occupies the same one have everything that we saw , this is only what we saw, and what we did not see. well, besides what we know about mercedes, why did he go drives er through that he got such and such a nickname, pasha mercedes , well, look, i will still speak here as a person who tries to evaluate things , er, as a historian, so to speak, i try to evaluate them in terms of social, political, and so on. i understand, so to speak, the whole this er, well, let's say the noise that is created around these things because they are, so to speak, very telling well, but you understand, this is not what this person can be held respo

he bought twitter, he dropped down to number two this guy is the louis vuitton guy, now number one. > of the things you can't buy is the ego >>> coming up, michelle is with us with an early look at t this weekekend's weatather forecacast wewe'll be rigight back. ather ft we'll be r right back.k. okay i i did it. is he lolooking at m my hairl? my joioint pain isisn't too b. wellll, it wasn'n't this moror. i hope i c can get thrhrough . is plaquque psoriasisis or psororiatic arththritis i hope i c can get thrhrough . makiking you retethink your eveveryday choioices? otezlala is a pillll, not a crm or i injection makiking you retethink your eveveryday choioices? that can h help peoplele wiwith plaque e psoriasiss achieveve clearer r skin. that can h help peoplele wiwith plaque e psoriasiss otezla i is also proroven to reducuce joint swswellin, otezla i is also proroven tetenderness, , and pain in psoriatatic arthrititis. and d no routinene blblood tests s required.. don't ususe otezla if youou're allergrgic to . seriouous allergicic reacts can happppen. ototezla may c cause severee diarr

had its own meeting today at the gare de lyon of paris after which they went to the building of louis vuittondies my nsc for in order to burst inside with fireworks slogans and e with streamers. you are now france is waiting for the decision of the constitutional council, which is now the only one who can cancel or change the text of the reform. tomorrow this statement is expected unions, still not met with the president of france they requested such a meeting already about a month ago emmanuel macron, as the media learned, today again held a meeting with the heads of the national assembly and the senate to prepare for this dialogue. well, as the head of the french confederation of labor said, now they are waiting for the leader. the fifth republic has only one resignation because, according to the trade unions emmanuel macron, he cannot be president until the reform is repealed. 21 i want to say lol it's good that he wants to meet us knowing that it's been a month since we asked him out and he refused everything we ask macron. this is care. today, demonstrations have already ended in a numbe

ah, this is the louis vuitton, i understanding of miss matthews, and there was even a german b a bullshit with russia in the middle of the arctic clifton in october line . and now when i walked through the streets in germany again, i see garbage everywhere. it's like something changed. i didn't notice it before, and it makes me crazy because i don't want the garbage to end up in the arctic. but how likely is it to wind up in the arctic? the garbage would have to drift downstream about 600 kilometers to hamburg and from there to the north sea. then the atlantic, in the end, a piece of plastic would have to have traveled over 2500 kilometers to end up near chris in the arctic. so i, so i started doing research associate the northern up north in here. then out there from down here, of course it would be really wild if it did come from the east and current home. if i release a bottle in the in the german river, alba, across the coastline, could it end up in the arctic? if you release a bottle on the german coast line and it stays afloat, the chances that it ends up in the arctic i think would

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globalfashion brand louis vuitton held a fashion show along the 795 metre double decker bridge that spansto be converted for the event. that's all for now — stay with bbc world news. hello. send a some warm weather and part of the uk but it also brought downpours. there are some more showers in the forecast for bank holiday, but some spells of sunshine. many of us will again feel relatively warm, magically the sunshine, but more than parts, particularly scotland will start to turn rather chilly because of this cold fun. it doesn't look like much here on the chart. it's just going to bring some extra cloud, a little bit of rain. but behind it will introduce some chilly air, particularly across parts of scotland. most of are start monday with some showers. across england and wales we are going to see some spells of sunshine, scattered showers, particularly in east wales, west wales, the southwest of england not seeing too many showers. island breaking up in the afternoon was balls of sunshine. most of us temperatures between 1a and 17 degrees. but through the afternoon those temperatures dr

everything is different, the protesters are in and breaking down the doors at the headquarters of louis vuitton there were no employees inside at that time , the demonstrators climbed the steps , stretched out banners calling for the macron to resign and lit fireworks. the whole room was densely shrouded in smoke. the ingush secondary school recodes in garbage cans. and fireworks are waiting here too. scavengers of paris from this day once again they stop collecting waste they promise to turn the capital into a dump again the police are trying to unblock the forces from access to the waste incineration plant in the vicinity of the metropolis pope president has been gathering key ministers of the chairmen of the upper and lower houses of parliament for consultations in the morning, but obviously he is not going to retreat from the reform he has started. what he again said in amsterdam, where he was on a visit the day before and constantly encountered disgruntled french there too. i proposed to arrange an exchange of opinions, which would show the differences with executive power. but this allowe

preach asceticism er, well, it should be er, and it is clear that any well, er, we see er, this louis vuittonh costs more than 500 , how much 400 €, er, actually, of course , nothing generally reggae monks before they wore a patek philippe watch for more than €30,000 and shoes with monograms also there for €700. used to wear well, and they also found a goldfish in him what kind of desire he obviously dreamed was found in his house in a house in the suburbs in the city of kyiv, this is chernets who, they say, received from moscow every month from $70 to $140,000 for the implementation of plans kremlin in ukraine, here and how much they fed there from our ukrainian parishioners, here from other commercial activities bohdan, a lot of buildings were built here, you can't even count here an important question. we literally have 2 minutes for an answer, because it is often very little , but i want to tell you, please. how can we first prevent the export of our state jewels from ukraine, and secondly, stop some illegal commercial activity of these structures , which, as i understand it, - her tentac

you cannot replace louis vuitton. i think there is still good value, but wait for the dip.ill be plenty of days where you can get into stocks like that and ride them for the next few years because they will continue to perform well. >> is that really on the less the city on that segment of the market versus mass market consumers and is that how you want to get exposure to the chinese consumer story? >> i think that consumers much more recession proof than anybody else. they like to travel and spend in their very brand conscious. the average consumer will absolutely cut back, as we are seeing even in the united states. >> we had a story that check gpt can decode fed speak and predicts that moves. -- fed moves. >> the tech growth story is there for the rest of this generation. yes chat gpt will put a lot of us under business, but there will be another version of ai that can protect against that. at the end of the day, it is still a machine and it is not a human being. i am not completely convinced that ai is going to replace all of the smart people on the street. i just do no

globalfashion brand louis vuitton held a fashion show along the 795 metre doube decker bridge that spansctresses and kpop stars were amongst models to take to the catwalk. the sudanese army says a new ceasefire in sudan has been agreed. it comes after sudan's army launched a major attack on khartoum on rebels. tanks and heavy artillery were deployed to the capital. meanwhile emergency aid is finally arriving into the country. stay with us here on bbc news. so far we've had more rain than average across england this month. the south and east have been particularly wet in some areas have seen nearly double the average april rainfall which is like last month, the second month in a row it's been wet but like last month northern scotland has had drier weather than average and it's also been sunny and milder too. to add to the rainfall figures we have today's rain and it has been a wet day with plenty of showers around and some of the showers around and some of the showers have turned heavy with thunderstorms in northern ireland heading towards western scotland. 0vernight there will be further

the parent of louis vuitton and dozens of other luxury brands saw strong growth in asia as chinese shoppersback from strict law down. still lvmh seeing a slowdown in u.s. sales. apple is accelerating the move beyond china when it comes to manufacturing. more than $7 billion of iphones were assembled in india in the last fiscal year tripling production. apple makes 7% of its iphones in india. shares of tesco rose to the highest since last may. it posted full-year profit matched estimates. it says profit will probably not change much this year due to inflation. that's the latest business flash. guy: let's stay in the u.k.. gdp data out earlier showing the economy stalled in february. we are past the point of the pandemic but the economy may not be doing quite as well as we hoped it would be. am i being overly pessimistic? could this have been worse? >> it could have been better. we were expecting a 0.1% rise in gdp. at the same time, we saw january's figures revised up. there were some interesting figures in the underlying measures. retail spending come at the retail sector gdp was up by 0.4%

more importantly, we note that the chinese consumer loves to by the louis vuitton handbag back in take a picture in front of the eiffel tower. i think that the luxury stocks dynamics are reflecting that very specific trend. in terms of china, you are seeing some of these german companies price in the fact that china is getting better. they are more exposed to chinese industrial. alix: best of the two-year hit three and a half -- because of the two-year hit three and a half or 4% first? katrina: i am actually for once in my life not willing to call it either way. they're so much going on and we need to take this day by day and we need to be focused on what is coming out. we are looking at the pmi's. that is going to be the bigger driver of a where the two-year goes. guy: i was great to catch up. thank you very much, indeed. up next, apple flemington eliminates a number of corporate retail jobs. we're going to talk about the significance of this. it is the first known cuts since last year. this is bloomberg. introducing the sleep number climate360 smart bed. the only smart bed in the wor

it will be a busy season, leave it on has set the benchmark --louis vuitton has set the benchmark highury. will it be as splendid as that? tim: the quick answer is no. [laughter] it will be a tricky earnings period, in that you will see upwards of 5% revenue growth for those companies that are reporting topline figures for the q1 period. a lot of that will be banking driven with positive net interest margin driving revenue on the heels of higher interest rates. but you also will see, we think, a decline in overall earnings of a percent or two. that goes back to energy, which will give tough comparisons with energy prices having come down a lot from this time last year. than everything else is caught in the middle. but those two big anchors will be an interesting thing to watch. tom: what specifically in the big names will you be looking for? tim: a couple companies that come to mind, you mentioned some of them. i think asml will be intriguing to watch from the standpoint is they are core critical technology, versus what is broadly viewed as a technology cycle. somebody like l'oreal or

louis vuitton, chanel, gucci, and hermes. others have made significant strides in have grown substantially while gucci has pretty much stood still. in large part of you has been the creative direction hasn't moved forward and kept pace with changing market trends. that is set to change with the appointment of the new creative director. the jury is out on how quickly and much he can execute, but should he be able to stabilize and turn around the ship the valuation at current levels looks attractive. guy: lvmh on wednesday, hermes on friday. always a pleasure, thank you very much, indeed. gam investment director. we are done. the easter weekend is upon us and these are the final numbers out of europe. just off of session highs but very close to them for the ftse 100. the dax and the cac also up. thecac may be weighed down by luxury names. coming up, more insight into our question of the day, are markets position for a poor payroll number tomorrow? we will ask the chief economist for the washington center for equitable growth ne

francine: i feel like pet food is just as expensive as a louis vuitton handbag but that is a conversationther day. joe easton from our equities team. discount closures are winning over british shoppers as food inflation continues to eat to budgets. we will get the details next, and this is bloomberg. ♪ tom: welcome back to the open. 23 minutes into the european trading day. losses of .5% across the benchmark. risk off today as futures and u.s. .2 officers on s&p e-minis around .4%. yields are coming in and there's a move into the dollar currently gaining .1%. across sectors just to clinging onto gains in europe, food and beverage and healthcare. everything else is in the red. let's get the first word news -- business flash saint-etienne. samuel: the president of the confederation of british industry says the lobby group may not survive a scandal triggered by multiple allegations of sexual assault and harassment among staff. in an open letter to members, brian mcbride said he hopes cbi, u.k.'s biggest business group, could return as a reformed organization, "whether or not that's possible.

the chairman of the french luxury goods giant lv includes louis vuitton and sephora has a net worth of211 billion. the top five around out by jeff bezos, larry ellison and warren buffett. listen to this, there are a total of 2640 members of the billionaire club. that is a number that has actually fallen for the second year in a row. forbes says nearly half of all billionaires are poorer than they were just a year ago. so perhaps the rich do not always get richer. dion: coming up next, a recap of today's historic event with donald trump pleading not guilty to felony charges. also ahead. >> they are a beloved part of chinatown that took a big hit during our rent storms. the alex! mateo, hey how's business? great. you know that loan has really worked wonders. that's what u.s. bank is for. and you're growing in california? -yup, socal, norcal... -monterey? -all day. -a branch in ventura? that's for sure-ah. atms in fresno? fres-yes. encinitas? yes, indeed-us. anaheim? big time. more guacamole? i'm on a roll-ay. how about you? i'm just visiting. u.s. bank. ranked #1 in customer satisfaction

how did he manage it quite easily arnaud vla deet by lmge louis vuitton i really like to say this andourse, all these are the consequences of views, because after varnish downs and quarantines, wealthy buyers in the world felt a taste for life in a different kind, yes, jewelry clothes in this everything. bernard arnault, owner of the french luxury goods manufacturer lvmage holding , for the first time topped the forbes annual ranking of the richest businessmen in the world . arno his family magazine estimated at $ 211 billion in a year, it grew by 53 billion and the value of lmage shares and its profit over the past year have become elon records. musk moved down to second place $180 billion in a year, he became poorer by almost 40 billion and did it with his own hands since he announced the purchase of twitter, tesla shares have fallen in price by half third place for the founder of an online retailer. amazon jeff bezos 114 billion, the past year, was generally unsuccessful for the technology sector. it is not surprising that without losing 57 billion in the russian part of the rankin

authorities, the capital, meanwhile a group of demonstrators, stormed the headquarters of the company louis vuitton out in the street. bonfires are lit there again, the police disperse especially violent participants with batons. judging by the footage, there is not much water, honey and tear gas are on ceremony until they are used, but as they say, it is not yet evening, pogroms, mass clashes among the french usually begin after sunset. well , there is no stability on the other side of the british english channel either. there's a new split over the issue scotland's transgender rights want to see a gender reassignment, well in law only 16 years old and have simplified the procedure for obtaining a confirmation certificate. here are the local authorities. they even passed such a law, but moreover, in england they propose to tighten the requirements for transgender people. again, the desire to protect real women. and, of course, this caused a heated discussion with leatherson. british minister for equality kemi badanakh proposes to amend the equality act, which has existed since 2010, and henceforth

bernard arnault, lvmh, parent company of louis vuitton other brands.ank global stimulus, especially trillions pumped in by the biden administration for his good fortunes. here is the thing, for him it is only getting started. marginal propensity to consume. this is created by keynes during the great depression. they're saying this is excess savings which you heard jamie dimon talk about yesterday. they're always talking about excess savings, increasing, and spending among poor agents, right? lower middle class, middle class, poor, because they have a higher mpc, marginal propensity to consume. how does it work? take a look on the board. they laid it out pretty good for us. here low income folks, poor, middle class, got all of this money, trillions of dollars, trillions of dollars! they go out and they spend it. goes to the rich, the rich get it. but ultimately the rich spend it getting to the top 1%. sanford is saying the top 1% will end up with all the stimmie money within the next five years. that is amazing. i want to bring in quill intelligence ceo

thousands of people left, demonstrators broke into the lyon railway station and the headquarters of louis vuittoncapital began protesters clashed with the police protesters throw stones and paint cans at law enforcement officers in response , security forces use batons and tear gas. against the backdrop of continuous protests, the french have to radically change their habits. according to sociologists, half of the inhabitants began to buy less food, and three- quarters are trying to buy cheaper analogues. about half have reduced their consumption of vegetables and reduced portions of food, every eighth frenchman is forced to apply for food assistance to philanthropists. first, that serious behavioral transformation. observed only during the wars and the revolution, the police completes the picture last year by 14% increased the number of crashes in supermarkets. and they steal not only expensive, but also cheap products. the belarusian foreign ministry reacted to the statement about the head of the polish government, marawiecki, following a meeting with the us vice president . let us remind you t

having said that, louis vuitton, all beat expectations and posted very strong numbers this week.ithin that pack, burberry still reports next month in may and they are on track to report also healthy numbers and this is mainly because the chinese consumer is now free again and traveling and shopping, and as a result, our data shows that they have positive price, positive stock price momentum in their favor. lauren: if you were to grade the overall american consumer right now, what the grade would you give it? >> i would say they are being cautious and they are holding back a little bit on spending until they see things normalize. lauren: which could be good because if the recession comes and if it's more than mild we might be better prepared for it. >> that is correct and you can already tell what our consumer confidence that it's already in their minds and as a result that's translating into already weaker earnings. in fact we are about to start earnings with a very low threshold. lauren: thank you very much for the time. we appreciate it. well, the 21-year-old alleged intel leak

for attention this and the chapter airbus and louis vuitton for that matter. a new economy, that is, france is the side that keeps its nose to the wind and understands that it is already necessary to navigate, uh, there and know with whom to trade, not to , as you rightly said, completely erode your economy and not be on your knees at all. let's just say that the old europe that seemed. oh, in what a difficult situation, when three pillars, uh, yurtsy, and then, that the military budget could have been cut thanks to american aid, and now they were forced to. yes, and the last pillar is the chinese workforce, the disciplined chinese industry, which provided, including european components and the europeans are well aware, and moreover, they now have a task in a situation where it is not profitable to keep the industry there, so that at least not all of this the industry fled to the united states of america, great britain , so scholz, when the pin sits, she chose the first where she is lucky. who hangs out europeans did this former marganborg, these are the main

well, said, only macrons, somewhere, among other things airbus and louis vuitton for that matter.build something to negotiate and build a new economy, that is, france is the side that holds its nose to the wind and understands that it is already necessary to navigate, uh, there and know with whom to trade, to not as you rightly said they blur. your economy and not be on your knees at all let's just say that old europe which seemed. oh, in what a difficult situation, when the three pillars of, uh, the european , uh, miracle are knocked out from under their feet, yes, and it is crippling thanks to american help, but now they were forced to. and the last pillar is the chinese workforce, the disciplined chinese industry, which provided, including european components, the europeans are well aware, and moreover, they now have a task in a situation where it is unprofitable to keep the industry there, so that at least not all of this industry fled to the united states of america and great britain so scholz, when sitting pin, she chose the first where hanging from the europeans. made it by

with sidepin, and they talked about ukraine, but only magne said this and the head of airbus and louis vuittonhese branded things came in order to build, what to negotiate and build a new economy, that is, france is the country that keeps its nose to the wind and understands that it is already necessary to navigate , uh, there and know with whom to trade, so as not , as you rightly said, not to completely erode your economy and not end up on your knees at all. let's just say that the old europe that seemed. oh, in what a difficult situation, when the three pillars of, uh, the european uh miracle are knocked out of the bottom, yes, and cheap energy resources and the fact that uh, the military budget and the last pillar is the chinese workforce , a disciplined chinese industry, which provided, including european components and europeans are well aware, and moreover, they now have a task in a situation where it is unprofitable to keep industry there, so that at least not all of this industry fled to the united states of america and great britain, therefore, scholz, when the main point was the nor

what buildings did they try to storm the bastille , louis vuitton seemed to be captured.re now? and that means about how many were wounded, naturally this information, so it is a secret, because, well on the eve of the decision of the indirect court and the constitutional court must make another decision. they have two decisions, which means this group of deputies. uh, he asks for a referendum , he asks, if there is a petition, under which there will be four million signatures. what is ten percent of 5% excuse me, but from the voters in france, it means that there should be a referendum, that is, a constitutional court. today at 17:40 should give two solutions. and what does it mean not to upset the people, they don’t say how many wounded we have, and there were quite a lot of detainees, but yesterday here in bastille square they saw it with their own eyes, that just in the crowd, the police collided with the lines like this in the crowd and detained someone even people who had cameras, who were journalists, as if they were gassed. it was not clear that i understood corre

it's hermes, louis vuitton. >> the old china, the five-year plan and produced a lot of bad steel. >>y're putting up a lot of coal plants, still doing that. >> and just pollute earth. that's okay because they sell a lot of -- >> how about lulu. we had calvin on the other day. >> mirror, mirror off the wall the stock went up when they announced the mirror accusation and now it goes down -- they haven't announced it lulu, calvin did say there were issues he did not say it was doing perfectly, but i think lulu is such a great stock here. >> should we explain what we're talking about, carl? >> during the quarter, they had some metrics that looked at additional merch that they sold because you have a mirror client he said it was a creative in a sense. >> what happens is they have subscriptions. when you look at peloton, peloton is doing better than lulu at the hardware and subscription model i think pell tron is interesting. barry was one of the first to tell me that mirror was not selling well i think that the mirror -- people like to have their own -- they want it on their little device