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The Latest Breaking News from Bernard Arnault

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.

Fortune

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.

International Business Times

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.

Fortune

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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.

International Business Times

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.

Euronews

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.

International Business Times

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.

Fortune

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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.

International Business Times

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.”

Fortune

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

The Guardian - UK

World’s richest billionaires lost $200bn in single day after Trump’s tariffs rocked markets

Carlos Slim was one of few to see his net worth rise - but Elon Musk, Mark Zuckerberg and others saw billions wiped off their wealth

The Independent UK

French President Macron urges suspension of US investments after Trump tariffs

Macron argues European investments in America ‘should be suspended until things are clarified ‘

The Independent UK

LVMH heir Alexandre Arnault will join the board of top-end ski wear brand Moncler after the French giant struck a deal with its CEO

LVMH bought a 10% minority stake in Double R, Moncler’s largest shareholder and the vehicle owned by its CEO Remo Ruffini, six months ago.

Fortune

Bernard Arnault wants to extend LVMH CEO age limit

LVMH CEO Bernard Arnault wants to stay at the helm of the luxuary goods firm when he is in his 80s.

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Fortune

LVMH is looking to hike its CEO age limit to 85, paving a path for Bernard Arnault to helm the company for another decade

The legendary 94-year-old investor Warren Buffett wrote to Arnault after LVMH raised its retirement age to 80 in 2022, saying the age limit was much too conservative.

The Independent UK

Five of the world’s richest people attended Trump’s inauguration. They have lost $209 billion since that day

Elon Musk’s net worth has tumbled by $148 billion alone since Trump took office

Radio France Internationale

France's former spy chief found guilty of using public funds to aid LVMH

A Paris court has found the former head of France's domestic security services, Bernard Squarcini, guilty of influence-peddling and using public resources to benefit LVMH. The trial shed light on efforts by LVMH – the world's biggest luxury group – to protect its reputation.

Fortune

Melinda French Gates got her start at Microsoft because an IBM hiring manager told her to turn down their job offer

The philanthropist is one among the likes of Jensen Huang, Indra Nooyi, and Steve Jobs to have taken career-changing advice from the most unexpected sources.

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Fortune

Kering CEO not too concerned about the impact of tariffs as the Gucci owner says moving production to the U.S. ‘makes no sense’

“Most of our brands, we're producing in Italy and in France… we're selling a part of our culture," Kering CEO Francois-Henri Pinault said.

International Business Times

French Luxury Billionaire Sparks Tax Debate With Threat To Leave

Bernard Arnault, the billionaire boss of the world's biggest luxury conglomerate LVMH, has picked a fight with the French government by suggesting that companies could flee France for the United States to escape a planned tax hike.

Fortune

LVMH CEO Bernard Arnault came up with a new way to describe layoffs: being ‘promoted outwards’

The luxury goods CEO likens layoffs at Tiffany’s to those at Meta.

Fortune

What Bernard Arnault's optimism for the U.S. could mean for LVMH's position under 'tariff man' Trump

"It's clear that we are being strongly pushed by the American authorities to continue to build out our presence," Bernard Arnault told reporters.

Fortune

LVMH reports muted sales amid hopes that the luxury downturn may finally be over

“Today, I’m not going to report record revenue, but it was nonetheless a robust year," CEO Bernard Arnault said during the earnings call.

Fortune

The European fashion world is 'afraid' of Trump's return to power, says leading Belgian designer

The European corporate fashion business is known to be worried about the possible impact of a trade war between the U.S. and Europe under Trump.

The Guardian - UK

Pharrell Williams kicks off Paris fashion week with Louis Vuitton streetwear

The luxury collection, created in partnership with Nigo, brings varsity jackets, abstract camo and wide-leg silhouettes to the Louvre catwalk

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