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The Latest Breaking News from Bernard Arnault

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.

Fortune

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.

International Business Times

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

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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.

Fortune

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

The Guardian - UK

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Meloni, Murdoch, McGregor … Who flew in for Trump’s inauguration – and who got in the room?

A notable international contingent turned up for Trump’s swearing-in as well as galas and parties surrounding the event

The Guardian - UK

Five people are now expected to become trillionaires within 10 years, says Oxfam

Tesla CEO Elon Musk is widely expected to be the first person to hit trillionaire status.

Fortune

LVMH dethrones Novo Nordisk as Europe's most valuable company

Novo Nordisk has faced a massive selloff in recent months amid disappointing drug trials and U.S. pressure to cut its prices.

Fortune

Hermès boss doesn’t like the company being compared to LVMH

Hermès has sparred with LVMH before. Fending off the Arnault-owned luxury giant’s takeover attempt eventually led Hermès to stratospheric success.

Fortune

The people who shaped European business in 2024

Fortune set out to pick the leaders who’ve kept Europe at the center of global debates in 2024. Their presence portends the year to come.

Fortune

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 ...

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The Independent UK

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

Fortune

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.

The Conversation

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…

inkl

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.

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International Business Times

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.

Fortune

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.

International Business Times UK

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.

The Guardian - 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

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