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The Latest Breaking News from LVMH

Rihanna launched Fenty Beauty in 2017 with an estimated 50% stake; 4 years later, Forbes valued the cosmetics company at $2.8 billion

Rihanna’s Fenty Beauty journey therefore represents more than a remarkable celebrity wealth milestone. It is a case study in how ownership, strategic partnerships, product differentiation and cultural relevance can combine to build a major consumer business. Launched in 2017 with Rihanna holding half of the joint venture, Fenty Beauty reached…

The Economic Times · Sep 19

Nike bets on a millennial Arnault heir after bleeding $200 billion and being ousted from the S&P100

Alexandre Arnault joins the board after helping revive heritage brands Rimowa and Tiffany as Nike fights to restore growth and cultural relevance

Fortune · Sep 17

Why luxury fashion fans are choosing M&S over Vuitton

The squeezed middle can no longer afford new designer pieces — they’re opting for preloved or high street instead, says Jessica Burrell

Evening Standard · Sep 17

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LVMH signed a secret 2002 pact to buy Hermes heir's shares. Now he says his fortune is missing

Luxury giant LVMH signed a secret 2002 agreement to buy Hermes shares from Nicolas Puech. The company also paid his wealth manager over twenty million dollars in fees. Puech alleges his fortune vanished through schemes involving his late wealth manager. LVMH denies any attempt to acquire Puech's stake against his…

The Economic Times · Sep 17

Bernard Arnault falls out of top 10 richest people as US tech billionaires dominate global rankings

Bernard Arnault has fallen out of the world’s top 10 richest people for the first time since 2017, with his fortune dropping $65 billion this year to $143 billion. The LVMH founder has been hit by weaker luxury demand, China challenges and Middle East disruptions, while US tech fortunes surged.

The Economic Times · Sep 12

LVMH Completes Sale of Marc Jacobs in $925 Million Deal

LVMH has completed the sale of Marc Jacobs to a joint venture between WHP Global and G-III Apparel Group in a transaction valued at approximately $925 million. Marc Jacobs will remain the brand's founder and creative director.

Fashion Times · Sep 2

Mathilde Favier, Dior's Public Relations Director, Dies at 57: What Dior Said

Dior confirmed the death of PR director Mathilde Favier at 57 in a French car crash. Here's what Delphine Arnault and Jonathan Anderson said about her.

Fashion Times · Aug 19

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Dior PR Director Mathilde Favier Dies at 57 in Tragic Accident as Fashion World Pays Tribute

Mathilde Favier, Dior's PR director, died in a car accident in France. Tributes from fashion leaders highlight her significant contributions and influence within the industry.

International Business Times UK · Aug 18

LVMH CEO Bernard Arnault reveals he owned nearly 20% of Netflix, but cashed out too early—his stake could be worth up to $60 billion today

Bernard Arnault owns LVMH—and with it, Louis Vuitton and Dior. But he also owned nearly 20% of Netflix, a stake that could be worth up to $60 billion today.

Fortune · Jul 29

"He politicises his stance": X, a turning point in Bernard Arnault's communication

The LVMH chief has joined X to hit back at Le Monde after its lengthy probe into his empire and private life, breaking with the media shyness that long defined Bernard Arnault.

Euronews · Jul 29

Bernard Arnault is denying a family rift—and any kind of real-life Succession. LVMH earnings tell a stranger story

The conglomerate's best-performing unit right now is run by an outsider, not an Arnault—does that mean anything for the succession race?

Fortune · Jul 28

Bernard Arnault slams claim his kids are feuding for control of the $142 billion LVMH empire: ‘They burst out laughing ... It is the stuff of novels’

“In the real world, my children run Maisons, build teams, make decisions, and, sacrilege of sacrileges, call each other on Sundays,” Arnault countered.

Fortune · Jul 28

Nasdaq Futures Plunge as Chip Selloff Rages On, FOMC Meeting and Earnings on Tap

September Nasdaq 100 E-Mini futures (NQU26) are down -1.07% this morning as investors continued to ditch chipmakers amid concerns over the sustainability of the AI spending boom.

Barchart · Jul 28

'We Call on Sundays!': Billionaire Louis Vuitton Boss Bernard Arnault Slams Family Succession 'Plot' Claims

Billionaire Louis Vuitton boss Bernard Arnault uses a rare letter and X post to reject claims of a family 'succession plot' at LVMH and defend his children's unity.

International Business Times UK · Jul 27

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The Economic Times · Jul 27

LVMH sales rise as US luxury demand offsets Europe slowdown, Iran War impact

Luxury giant LVMH saw quarterly sales increase, boosted by strong United States demand. This growth helped offset weaker spending in Europe and the Gulf region. The fashion and leather goods division posted its first quarterly increase in two years. However, overall results may not fully reassure investors about the sector's…

Euronews · Jul 25

'I do not want to replace models with AI': Fashion designer Steven Passaro plans industry revamp

The highly acclaimed luxury fashion designer Steven Passaro has been making more than a name for himself in recent years with his bold and innovative creations. In an exclusive interview with Euronews Culture, he shares his vision on artistry and the latest trends within the fashion industry.

Fortune · Jul 17

So you want to buy a sports franchise? Why entering sports ownership gives the rich a ‘very elite and exclusive club’ with great tax benefits

Increasingly, the founders and heads of companies like Home Depot, Walmart and LVMH are entering the sports world. There's a good reason for that.

The Independent UK · Jul 7

Louis Vuitton court victory against Chinese tea chain stirs up a debate over copyrights

A debate over use of traditional Chinese symbols has cropped up after a court ordered a Chinese tea chain to pay the French luxury brand Louis Vuitton $1.5 million over copyright infringement claims

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International Business Times UK · Jul 7

Luxury Tycoon Bernard Arnault Hit With €22.5M Tax Bill in French Court Ruling

Bernard Arnault, Europe's wealthiest man and LVMH founder, faces a €22.5M tax bill after a French court ruling. Explore this high-profile dispute and its impact on France's wealth debate.

Radio France Internationale · Jul 5

France's richest man Bernard Arnault ordered to pay €22.5m in back taxes

Bernard Arnault, head of the luxury goods group LVMH, has been ordered to pay nearly €22.5 million in back taxes after a Paris appeals court overturned earlier rulings in his favour in a long-running dispute with the tax authorities.

The Economic Times · Jun 29

Orient Express giant yacht sets sights on tech billionaires

Orient Express, now a joint venture between French hotelier Accor and Louis Vuitton owner LVMH, set out to revive the 19th century travel brand. Its recently launched yacht is the first of two that will target the ultra-rich, adding to a portfolio of luxury hotels and a yet-to-launch historic art…

The Guardian - UK · Jun 17

Fashion tycoon Bernard Arnault accused of stranglehold over French business press

Arnault’s addition of leading weekly to stable of publications raises concerns about media ownership in France

International Business Times UK · Jun 3

Elon Musk Net Worth: Starlink CEO Set to Become First Trillionaire From SpaceX IPO

Elon Musk's net worth has climbed to around $835 billion, with a planned SpaceX IPO in June 2026 set to test whether he becomes the world's first trillionaire.

The Times of India · Jun 1

The 10 richest people in the world: Elon Musk, Larry Page and Jeff Bezos lead the global wealth race

The richest people in the world have become even richer than ever before due to the ongoing emergence and development of artificial intelligence, cloud computing, and infrastructure technologies. The combined wealth of the world’s richest people has increased to around $2.9 trillion. This rise mainly occurred during the past month,…

Bangkok Post · May 28

Siam Piwat launches global partnerships to capture luxury market

Siam Piwat Group, a global real estate and retail developer, is reinforcing its leadership by expanding its global luxury system with world-class partners to unlock new growth from an expanding wealthy customer base in Asia.

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