Category: LVMH
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Notre Dame Cathedral’s reopening spectacle capped a stellar year for luxury house LVMH
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Breadcrumb links PMN BMN Business Article writer: Associated Press Thomas Adamson Posted on December 14, 2024 • 4 minutes read You can save this article by registering for free here. Or log in if you have an account. Article content PARIS (AP) — The reopening of Notre Dame was an…
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Bernard Arnault forbids LVMH staff from talking to certain French media outlets
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Bernard Arnault and the LVMH empire are a force to be reckoned with in Europe and beyond. Now, the French media are bearing the brunt of the billionaire’s influence as Arnault looks to demonstrate his media power. Earlier this year, the billionaire sent a memo to employees banning them from…
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China cognac probe is a reaction to EU car tariffs, says Hennessy owner LVMH By Reuters
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AIX-EN-PROVENCE, France (Reuters) – China’s investigation into dumping in Europe’s cognac industry is a tit-for-tat response to European Union tariffs on Chinese electric cars, the chief financial officer of Hennessy cognac owner LVMH said on Saturday. China on Friday announced plans to hold a hearing on European brandy imports, escalating…
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LVMH Chief Arnault owns stake in luxury rival Richemont, Bloomberg reports By Reuters
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ZURICH (Reuters) – French billionaire Bernard Arnault, Europe’s richest man and head of the high-end fashion division of champagne group LVMH, has bought a stake in smaller luxury goods rival Richemont, Bloomberg reported on Tuesday. The exact size of the Cartier jewelery owner’s shareholding and Arnault’s intentions are unclear, the…