(FILES) LVMH chairman and CEO Bernard Arnault delivers a speech during the annual general meeting of the world's leading luxury group LVMH at the Carrousel du Louvre in Paris on April 23, 2026. The Arnault family-owned group intends to streamline the structure that controls the global luxury giant LVMH through a series of mergers and reorganisations, Christian Dior announced in a press release on September 23, 2026. (Photo by Ludovic MARIN / AFP via Getty Images)