Bernard Arnault

French Fashion Billionaires Bernard Arnault, Francois-Henri Pinault Attend Notre-Dame Ceremony

by
French Fashion Billionaires Bernard Arnault, Francois-Henri Pinault Attend Notre-Dame Ceremony

PARIS – Paris celebrated the reopening of the Notre-Dame cathedral with an elaborate ceremony welcoming heads of state from around the globe. LVMH Moët Hennessy Louis Vuitton chair and chief executive officer Bernard Arnault and Kering president and chief executive officer Francois-Henri Pinault attended the ceremony with French President Emmanuel Macron, U.S. President-elect Donald Trump, … Read more

Moncler’s Remo Ruffini Talks London Store, Bernard Arnault, Burberry

by
Moncler’s Remo Ruffini Talks London Store, Bernard Arnault, Burberry

London called Remo Ruffini and the Moncler boss responded with gusto, opening a big store on New Bond Street, and accepting the Trailblazer prize at the Fashion Awards on Monday night, where he hobnobbed with old friends and colleagues, including Tom Ford, Michèle Lamy and Joshua Schulman, Burberry’s new chief executive officer. Ruffini capped the … Read more

High and Low Fashions Are Creating Billionaires Galore

by
High and Low Fashions Are Creating Billionaires Galore

While LVMH Moët Hennessy Louis Vuitton‘s Bernard Arnault remains fashion’s richest billionaire by far, Inditex founder Amancio Ortega is closing the gap. “The dynamics among the richest are an impressively precise allegory for the polarization the fashion industry has been going through for years,” management consultant Achim Berg writes in a new report analyzing Forbes’ … Read more

Arnault family plans to create soccer success

by
Arnault family plans to create soccer success

France’s billionaire Arnault family, owners of luxury group LVMH and one of the richest dynasties on the planet, is preparing to secure majority ownership of minor soccer club Paris FC — but sees any sporting turnaround as a long-term aim. Antoine Arnault, son of LVMH CEO and Chairman Bernard Arnault, told CNBC the investment in … Read more

Moynat and Kazumasa Nagai Collaborated on a Holiday Capsule

by
Moynat and Kazumasa Nagai Collaborated on a Holiday Capsule

CREATURE COMFORTS: It’s never too late to do a collaboration. At age 95, renowned Japanese graphic designer and printmaker Kazumasa Nagai has teamed with luxury French leather goods house Moynat on a holiday capsule. Handbags, passport cases, cardholders, notebook covers and bag charms bear vivid versions of Nagai’s quirky cartoon creatures: a lion, monkey and … Read more

Why Are Two Of The World’s Richest Men Battling It Out In Court? Arnault Vs. Elon Musk’s X

by
Why Are Two Of The World’s Richest Men Battling It Out In Court? Arnault Vs. Elon Musk’s X

Elon Musk’s turbulent leadership at X is facing challenges on several fronts. The platform is contending with a marked drop in user engagement following the elections, while a separate legal confrontation is emerging. Bernard Arnault, the luxury magnate behind LVMH, is taking legal action against X over alleged copyright violations involving his newspapers, Le Parisien … Read more

Bernard Arnault, Pietro Beccari Hand America’s Cup to New Zealand

by
Bernard Arnault, Pietro Beccari Hand America’s Cup to New Zealand

Luxury and fashion titan Bernard Arnault gave sports another big vote of confidence over the weekend, handing the Auld Mug to Emirates Team New Zealand on Saturday night as the Louis Vuitton 37th America’s Cup wound up two months of high-level yacht racing in Barcelona. At his side was Vuitton chairman and chief executive officer … Read more

How Bernard Arnault is Betting on Craftsmanship to Help LVMH Ride Out the Luxury Slump

by
How Bernard Arnault is Betting on Craftsmanship to Help LVMH Ride Out the Luxury Slump

PARIS – Excellence in craftsmanship will be key to riding out the current turbulence roiling the luxury market, LVMH Moët Hennessy Louis Vuitton chairman and chief executive officer Bernard Arnault said on Thursday. Speaking at an event marking the 10th anniversary of the luxury group’s Institut des Métiers d’Excellence, the vocational training program aimed at … Read more

Arnault Family Set to Buy Majority Stake in Paris FC Soccer Club

by
Arnault Family Set to Buy Majority Stake in Paris FC Soccer Club

PITCHING UP: Who knew that Paris had a second football team? The French capital’s soccer scene is about to heat up, amid reports that luxury magnate Bernard Arnault’s family holding is poised to buy a majority stake in Paris FC, the second-divison club that lives in the shadow of Paris Saint-Germain. The Arnault family’s holding … Read more

Remo Ruffini Teams With LVMH to Increase His Stake in Moncler

by
Remo Ruffini Teams With LVMH to Increase His Stake in Moncler

Remo Ruffini has found a new partner in Bernard Arnault’s LVMH Moët Hennessy Louis Vuitton.  Ruffini teamed with LVMH on Thursday, forging a deal that will help him strengthen his position as Moncler’s largest shareholder.  LVMH purchased a 10 percent stake in Double R, the investment vehicle that is controlled by Ruffini and holds his … Read more