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Bernard Arnault’s Dior is at the center of a South Korean political scandal after First Lady ‘gifted’ $2,000 bag
Retail
Bernard Arnault’s Dior is at the center of a South Korean political scandal after First Lady ‘gifted’ $2,000 bag
By Ryan HoggJanuary 26, 2024
Arnault family
Success
French ‘Succession’ intrigue deepens as source says Bernard Arnault plans to nominate 2 more millennial sons to LVMH board
By Angelina Rascouet and BloombergJanuary 23, 2024
people walking out of Louis Vuitton store
Retail
LVMH-owned beauty brand is fed up with fake goods being sold on TikTok—so it is in talks to join forces with the video platform to stop it
By Prarthana PrakashJanuary 11, 2024
Kweichow Moutai
Lifestyle
Europe wants to end price dumping by Chinese EV makers like Tesla-killer BYD—now Beijing is retaliating with tit-for-tat probe to protect its second most valuable company
By Christiaan HetznerJanuary 8, 2024
Crowds of people walking in a shopping area with a Dior store
Retail
High-end brands like LVMH and Gucci-owner Kering felt the pinch in 2023—but a new type of luxury is gaining a share of consumers’ wallets
By Prarthana PrakashDecember 25, 2023
The heir to luxury retail empire Hermès is reportedly planning to adopt his 51-year-old gardener so he can pass on his $11 billion fortune
Success
The heir to luxury retail empire Hermès is reportedly planning to adopt his 51-year-old gardener so he can pass on his $11 billion fortune
By Ryan HoggDecember 7, 2023
Alain Wertheimer and his brother Gerard Wertheimer attend the Prix de Diane Longines at Hippodrome de Chantilly on June 12, 2011 in Chantilly, France.
Success
Chanel heir with a $48 billion fortune is the richest person in Switzerland thanks to a post-pandemic luxury goods boom
By Chloe TaylorNovember 27, 2023
Antoine Arnault and his wife Russian model Natalia Vodianova
Leadership
LVMH family succession drama heats up as Bernard Arnault’s eldest son Antoine steps down as CEO of Berluti
By Angelina Rascouet and BloombergNovember 22, 2023
person walking outside a burberry storefront
Retail
Burberry joins LVMH and Gucci in the luxury slump as brand says it may miss its revenue target for the year
By Prarthana PrakashNovember 16, 2023
a row of people seen at work with frames for eye glasses in hand
Retail
LVMH strikes sunglasses deal targeting entry-level shoppers as luxury spending slows down
By Prarthana PrakashNovember 6, 2023
people walking outside a Gucci showroom
Retail
Luxury slump intensifies as shoppers buy less Balenciaga and Gucci, in latest sign of an end to the ‘roaring 20s’
By Prarthana PrakashOctober 25, 2023
Bernard Arnault, left, has lost the number two position on the world's rich list to Amazon founder Jeff Bezos, right.
Success
LVMH boss Bernard Arnault has just lost his spot as the world’s second-richest person to Amazon founder Jeff Bezos
By Eleanor PringleOctober 17, 2023
picture of bernard arnault smiling
Retail
Bernard Arnault, the world’s second richest man, may be seeing the end of his winning streak as luxury shoppers bolt for the first time in years
By Prarthana PrakashOctober 11, 2023
picture of a louis vuitton storefront in france
Retail
European luxury stocks are losing their allure on Wall Street and have hit their biggest slump since 2020
By Prarthana PrakashOctober 9, 2023
bernard arnault talking
Finance
World’s second richest man LVMH’s Bernard Arnault under investigation in Paris over connections to Russian oligarch
By Prarthana PrakashOctober 2, 2023
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