LVMH shows the luxury sector is in pain
By Bloomberg Published Jul 24, 2024 We’re all drinking less champagne as the world becomes a scarier place. That was the message from LVMH Moet Hennessy Louis Vuitton SE. It underlines …
Bernard Arnault
Antoine Arnault opens La Maison LVMH HQ for Paris 2024 Olympics
Every nation will open a team HQ this Friday in Paris when the 2024 Olympics kicks off in the French capital, though the most desirous invite probably opened Monday evening …
Some investors demand change at LVMH after probe into Dior contractors
By Reuters Published Jul 23, 2024 Europe’s top asset manager Amundi and other LVMH investors want the $370 billion luxury behemoth controlled by billionaire Bernard Arnault to take more aggressive …
Luxury group in sights of LVMH’S Arnault?
By AFP Published Jul 17, 2024 The Swiss luxury group Richemont, which owns Cartier and other jewellery brands, is regularly the subject of takeover rumours which its founder, the South …
Vogue to throw big party on the eve of the Olympics with Pharrell Williams
As the Olympic Games approach, initiatives are multiplying, particularly around LVMH, the premium partner of the event, which will be held in Paris from July 26 to August 11. On …
Tiffany’s staff exits test LVMH’s turnaround playbook
By Bloomberg Published Jul 22, 2024 LVMH’s $16 billion purchase of Tiffany & Co. transformed the luxury goods powerhouse into one of the biggest jewelry sellers in the world. Three …
L Catterton vehicle buys Hammerson’s stake in Bicester Village owner
British property giant Hammerson has sold its stake in one of the world’s most important luxury retail operators — Value Retail, which owns Bicester Village among other locations. And the …
LVMH Buys High-End Swiss Clock Manufacturer L’Epée 1839
By Bloomberg Published Jun 25, 2024 LVMH is buying the owner of L’Epée 1839, a Swiss manufacturer of high-end clocks, a niche timekeeping market that’s largely been bypassed by luxury …
Arnault said to have bought stake in Cartier owner Richemont
By Bloomberg Published Jun 25, 2024 Bernard Arnault has taken a personal equity stake in Cartier parent company Richemont, according to people familiar with the French billionaire’s investments. See catwalkAz …
LVMH goes fois gras as group buys famous Paris bistrot
By Reuters Published Jun 21, 2024 French luxury giant LVMH completed its acquisition of Paris’s famous restaurant “Chez L’Ami Louis”, established in 1924, as the group continues its diversification push …