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The Latest Breaking News from Bernard Arnault

LVMH purchases €46.5 million villa in Cannes to showcase brands

In another lavish move for the couture titan, LVMH is amplifying its influence in the world of high fashion by purchasing a €46.5 million villa in Cannes.

BANG Premier

Luxury Brands Shine At Notre Dame Reopening Ceremony

The reopening of Notre Dame in Paris after the 2019 fire showcased a blend of cultural renewal and luxury branding, sparking controversy over the presence ...

Top News

Notre Dame Cathedral's reopening spectacle capped a stellar year for luxury house LVMH

The reopening of Notre Dame was a solemn celebration of cultural and spiritual renewal

The Independent UK

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Bernard Arnault turned a one-franc deal in 1984 into a €319 billion luxury empire

The French tycoon bought Dior three years before founding LVMH in 1987.

Fortune

Louis Vuitton, Notre Dame and the quest for ‘secular immortality’

The reopening of Notre-Dame de Paris has recalled debate over the €200 million contribution of France’s Bernard Arnault, the CEO of the LVMH luxury group, to its restoration. Announced in the hours after fire devastated the cathedral in April 2019, the donation surprised many but aligned with Arnault’s track record as a…

The Conversation

Bernard Arnault's Bold Challenge: Paris FC Rises to Confront Qatar's PSG Dominance

The Parisian football landscape is undergoing a profound transformation, marked by the recent acquisition of Paris Football Club (FC) by the Arnault family, owners of the luxury conglomerate LVMH, in partnership with Red Bull.

inkl

French Luxury Mogul Arnault Defiant At Ex-spy Chief Trial

France's richest man, LVMH chief Bernard Arnault, testified Thursday in the influence-peddling trial of the former head of France's domestic intelligence agency, denying any knowledge of an alleged scheme to protect the luxury group.

International Business Times

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L'Oréal heiress and Europe’s richest woman has lost more of her wealth than most other billionaires. But that isn’t stopping her from loading up on investments

L'Oréal's shares have dropped 25% since the start of the year, causing Francoise Bettencourt Meyers's fortune to slide by $26 billion so far.

Fortune

LVMH’s Bernard Arnault got a letter from 93-year-old Warren Buffett saying he was making a mistake by upping his retirement age to only 80

The Arnaults' clout in the luxury world has conjured "Succession" parallels over who might take over. But Bernard Arnault doesn't plan to retire just yet.

Fortune

Bernard Arnault's son Alexandre is climbing the ranks as new deputy of Moët Hennessy. Here’s what it means for LVMH’s succession plan

“By transitioning to a Paris HQ position, Alexandre gains proximity to the group’s strategic core,” an expert said of the Arnault family's succession.

Fortune

Former French security agency head is in court for allegedly spying for LVMH billionaire Bernard Arnault

LVMH CEO Bernard Arnault is set to appear in court as a witness later this month.

Fortune

Bernard Arnault vs. Elon Musk's X: Why Are Two Of The World's Richest Men Battling It Out In Court?

Bernard Arnault, CEO of LVMH, sued Elon Musk's X for copyright infringement, accusing the platform of using their content without permission.

International Business Times UK

Trump’s victory adds record $64bn to wealth of richest top 10

Share surge increases Elon Musk’s fortune by $26bn in a day as Jeff Bezos, Sergey Brin and Bill Gates also benefit

The Guardian - UK

LVMH had a bloodbath of an earnings. But its CFO is convinced becoming more affordable isn't the answer

“I think it would be a mistake,” said LVMH CFO Jean-Jacques Guiony during the company’s earnings call this week.

Fortune

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Fortune

LVMH’s Bernard Arnault sees nearly $10 billion in wealth wiped out after share-price bloodbath

In March, Bernard Arnault was the world’s richest person—with $48 billion more to his name.

Fortune

Bernard Arnault’s email address was accidentally leaked by the U.K. government on the eve of its make-or-break investment summit

LVMH CEO Bernard Arnault was cc'd in an email sent to invitees—he was one of many whose emails were accidentally leaked.

The National (Scotland)

UK Government apologises for sharing email address of one of world’s richest men

THE UK Government has apologised after accidentally sharing the email address of one of the world’s richest men in the run-up to a major global…

The Independent UK

Government apologises for accidentally leaking email address of one of world’s richest men

Department for Business and Trade has referred itself to the data protection watchdog over ‘human error’

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Fortune

Bernard Arnault loses $13 billion in a single day as China's uncertain recovery undermines billionaire's wealth

Hopes that China's stimulus plans could inject a much-needed boost among luxury players, including LVMH, have been dashed in recent days.

Motorsport

What we can expect from LVMH's billion-dollar F1 deal

A recent partnership offers some clues to how luxury conglomerate LVMH will approach its 10-year megadeal with F1.

Autosport

Mark Mann-Bryans: Latest global deal shows F1 is a luxury brand in itself

A luxury conglomerate boasting world renowned names, sought after brands and a global appeal announced a landmark partnership on Wednesday evening – as they agreed a deal with LVMH.

Motorsport

Formula 1 and LVMH sign 10-year partnership deal

Luxury brands such as Louis Vuitton and Moët Chandon will be present on the Formula 1 grid from next year after Liberty Media agreed a 10-year global partnership with LVMH which could be worth a reported $1 billion.

Radio France Internationale

Paris Match magazine shifts ownership to billionaire Bernard Arnault

French billionaire Bernard Arnault has added another jewel to his media crown, taking control of Paris Match, one of France's best-known weekly magazines.

International Business Times

France's Richest Man Takes Control Of Paris Match Magazine

Paris Match, a glossy French weekly known for its celebrity exclusives on Tuesday became part of the media empire of France's richest man Bernard Arnault, after a stint under right-wing tycoon Vincent Bollore's ownership.

Fortune

Mark Zuckerberg loses spot as world's 3rd richest person to LVMH's Bernard Arnault

"'Quiet luxury' has supported average selling price at the expense of volumes," Bank of America analysts wrote. "The industry needs to pivot back to creativity."

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