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The Latest Breaking News from LVMH

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

"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

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

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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

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

'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

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…

The Economic Times

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'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.

Euronews

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.

Fortune

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

The Independent UK

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.

International Business Times UK

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.

Radio France Internationale

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 Economic Times

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

The Guardian - UK

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International Business Times UK

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

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

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.

The Guardian - US

The devil owns Amazon: big tech has infiltrated the fashion world – will we see a revolt?

Anna Wintour has welcomed the Bezoses – and their patronage – with open arms. But after a controversial Met Gala, industry insiders are less enthusiastic

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The Independent UK

This is what the future of sustainable fashion looks like, according to global industry insiders

The annual Global Fashion Summit in Copenhagen aims to drive meaningful action throughout the supply chain

Euronews

Marc Jacobs parts ways with LVMH after nearly 30 years

The American designer, 63, will stay on as creative director as his label changes hands for the first time in three decades, with LVMH pressing ahead with a broader portfolio clear-out.

Fortune

“I had to turn down President Obama”

Celebrating its tenth anniversary with a tech “take-over” of the Champs-Élysées in Paris, Publicis’ Maurice Lévy reveals why “not having a plan” was the only way to launch VivaTech, Europe’s biggest tech conference.

The Times of India

Bernard Arnault’s simple billionaire business lesson that most companies forget under pressure

Bernard Arnault, CEO of LVMH, champions a long-term vision for business success. He advises against fixating on quarterly results, stressing that patience and quality build lasting brand value. This approach fosters trust and customer loyalty, crucial for enduring appeal. Companies prioritizing short-term gains risk damaging their reputation and future. Arnault's…

The Independent UK

Why you should invest in luxury goods instead of buying them - and how to do it

You can buy shares in individual high-end goods-making firms or have an expert manager do it for you

The Guardian - UK

‘An element of exploitation’: the world of TikTok child skincare influencers

Experts say regulation of child influencers sits in a legal grey area as children promote products on social media

The Guardian - UK

#ToddlerSkincare: the ‘dark and exploitative’ world of children’s beauty videos on TikTok

Skincare videos are featuring children as young as two, Guardian analysis finds, prompting fears about the industry’s reach and lack of safeguards

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