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The Latest Breaking News from Bernard Arnault

Wealth Tax Economist Hits Back At French Tycoon's 'Pseudo-academic' Claim

An economist behind a wealth tax plan embraced by the French left on Sunday urged France's richest person, Bernard Arnault, to show "respect for the truth" after the luxury goods tycoon described him as a "pseudo-academic" who wanted to "destroy the French economy".

International Business Times

Wealth tax would be deadly for French economy, says Europe’s richest man

LVMH owner Bernard Arnault, who could take €1bn hit, says proposed 2% levy ‘aims to destroy liberal economy’

The Guardian - UK

France's Richest Man Riles Left With Attack On 'Pseudo-academic' Behind Tax Plan

Left-wing figures in France on Sunday reacted with uproar after the country's richest man the luxury goods tycoon Bernard Arnault described an academic behind a wealth tax plan as a "far-left activist" who wanted to "destroy the French economy".

International Business Times

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Fashion, Cinema Stars Hail 'Love Affair' With Armani

Leading cinema and fashion figures on Thursday paid tribute to the genius of fashion legend Giorgio Armani, whose client list read like a who's who of Hollywood stars and royalty.

International Business Times

Quiet Luxury Lessons From the Richest Billionaire in Fashion — and How They Build Wealth

Here are three quiet luxury lessons from the richest billionaire in fashion-- and how they build wealth.

GOBankingRates

How the World’s 9 Richest Billionaires Spent Their First $1 Million

These billionaires work in different industries and followed different paths to wealth, but they all have one thing in common: They reinvest their earnings.

GOBankingRates

Luxury Labels Lose Their Luster Amid Changing Vibes, Gucci Sales Plunge 25% and LVMH Disappoints

Luxury brands are grappling with a significant sales slump, raising concerns over the long-term structural attractiveness of the industry.

Benzinga

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Nasser al-Khelaifi plays game of risk with plans to move PSG from the Parc

With Paris FC promoted, European champions could lose their monopoly in city if out-of-town move goes through

The Guardian - UK

Dior picks Northern Irish designer to head up men's and women's collections

French fashion house Dior named Northern Irish designer Jonathan Anderson on Monday as the first-ever creative director for both its women's and men's collections.

Radio France Internationale

Dior's revival rests on its historic appointment of Jonathan Anderson as creative director

"At 40, Jonathan Anderson has exceptional qualities combining creativity and savoir-faire," Dior chair Delphine Arnault told Fortune.

Fortune

Dior appoints Jonathan Anderson as sole creative director

Northern Irish designer, 40, becomes first to hold complete creative control of fashion house since Christian Dior

The Guardian - UK

Jonathan Anderson makes history as new Dior men's and women's creative director

The former Loewe creative director is officially taking the reins at both Dior men’s and women’s, making him the first person to do so since the brand’s founder

Evening Standard

Italian Designer Maria Grazia Chiuri Out At Dior

Dior announced Thursday that Italian designer Maria Grazia Chiuri was stepping down as artistic director of the French fashion house's women's collection after almost a decade on the job.

International Business Times

Why LVMH’s $1 billion Formula One bet is more than the average luxury partnership

As well as a timekeeper, Tag Heuer became the first title sponsor for the Monaco Grand Prix this year.

Fortune

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Fortune

Europe's wealthiest billionaire Bernard Arnault hopes to use his ‘modest means’ to convince the EU to negotiate better with the U.S.

LVMH CEO Bernard Arnault said EU-U.S. talks on tariffs need to be pursued “with the aim to succeed.”

Fortune

LVMH's U.S. CEO is glad 'annoying' quiet luxury term has died

Anish Melwani, US CEO for LVMH, which owns Dior, Fendi, and Tiffany, is glad "quiet luxury" is over.

International Business Times

Billionaire-owned Paris FC Win Promotion And Prepare To Take On PSG

Six months after a joint takeover that involved Europe's richest man and drinks giant Red Bull, Paris FC squeezed out a 1-1 draw at Martigues on Friday to lock up promotion to Ligue 1.

Fortune

Europe’s richest man Bernard Arnault slammed the EU for failing U.S. negotiations—but von der Leyen says countries are 'lining up to work with us'

"It will be Brussels' fault" if LVMH produces more of its high-end goods in the U.S., Arnault warned.

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International Business Times

Can Europe's Richest Family Turn Paris Into A City Of Football Rivals?

Paris has everything -- stunning architecture and arguably the best food and fashion in the world.

Euronews

LVMH CEO criticises Brussels bureaucrats as US-EU tensions simmer

French businessman Bernard Arnault warned trade tensions with the US would wreak havoc on European businesses — criticising Brussels' negotiation skills.

International Business Times

N.Ireland Designer Jonathan Anderson Takes Helm At Dior Men

French fashion giant Dior named the highly-rated designer Jonathan Anderson as creative director of Dior Men on Thursday.

Fortune

Hermès leapfrogs LVMH to become Europe's most valuable luxury company after the Louis Vuitton owner reported downbeat results

“Some people want to do a bit like Hermès, but it doesn’t work out at the end of the day,” Hermès executive chair Axel Dumas said in February.

International Business Times

LVMH Sales Dip As Trump Tariffs Dent Luxury Tastes

Luxury giant LVMH saw sales fall two percent to 20.3 billion euros ($23 billion) in the first quarter of 2025 as US President Donald Trump's tariffs shook the global economy, the company said on Monday.

Fortune

LVMH sales slip 3% as luxury shoppers come face-to-face with tariff uncertainty

LVMH CFO Cécile Cabanis said, “Aspirational clientele is always more vulnerable in less positive economic cycles.”

The Guardian - UK

Which Trump-supporting billionaires have lost the most in tariff markets turmoil?

Wealth of world’s richest tycoons shrinks as US president’s trade war spooks investors

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