LVMH

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Bernard Arnault spent $230 million on LVMH shares after disappointing earnings hit stock

Bernard Arnault spent $230 million on LVMH shares after disappointing earnings hit stock

By Angelina Rascouet, Valentine Baldassari and Bloomberg
September 8, 2023
a box of wegovy medication
Retail

Wegovy maker Novo Nordisk leapfrogs LVMH to become Europe’s most valuable company after it takes its ‘miracle’ weight loss drug to the U.K.

By
September 5, 2023
Nespresso's CEO Anna Lundstrom
Leadership

I cold contacted LVMH boss and he hired me: How Nespresso’s U.K. CEO got her foot through the door of the notoriously hard-to-break luxury industry

By
August 31, 2023
Lush wine grape clusters hang from vine.

Demand for wine has fallen so much that France is spending $215 million to distill excess wine into ethanol used in cleaning products

By
August 27, 2023
LVMH chairman and CEO Bernard Arnault with the fashion conglomerate's logo in the background
Retail

Coach parent buys Versace and Michael Kors owner for $8.5 billion as U.S. big fashion races to catch up with billionaire Bernard Arnault’s European luxury giant LVMH

By
August 10, 2023
Bernard Arnault’s LVMH will pay $166m to sponsor the 2024 Summer Olympics in Paris—and provide Chaumet medals and Moet Hennessy wine
Finance

Bernard Arnault’s LVMH will pay $166m to sponsor the 2024 Summer Olympics in Paris—and provide Chaumet medals and Moet Hennessy wine

By Angelina Rascouet, Albertina Torsoli and Bloomberg
July 25, 2023
Fortune Quarterly Investment Guide 2023 Q3
Finance

7 luxury stocks that wealthy investors love—even in a downturn

By
July 13, 2023
Birkenstock owner mulls IPO at $6 billion-plus valuation—a step that would make Bernard Arnault even richer
Finance

Birkenstock owner mulls IPO at $6 billion-plus valuation—a step that would make Bernard Arnault even richer

By Eyk Henning, Chrystal Tse and Bloomberg
July 7, 2023
An image of the Microscopic Handbag by MSCHF.
Lifestyle

A microscopic handbag ‘smaller than a grain of salt’ has sold for almost $64,000

By
June 30, 2023
The world’s two richest men had lunch in Paris as Elon Musk’s grand tour of Europe continues
Leadership

The world’s two richest men had lunch in Paris as Elon Musk’s grand tour of Europe continues

By
June 17, 2023
Ann-Caroline Prazan
Lifestyle

Bernard Arnault crown jewel opens its archives to reveal the world’s first lipstick, first perfume—and Queen Elizabeth II’s private stash

By Thomas Adamson and The Associated Press
June 9, 2023
China play that fueled luxury stocks fizzles out, helping Elon Musk oust Bernard Arnault as world’s richest billionaire

China play that fueled luxury stocks fizzles out, helping Elon Musk oust Bernard Arnault as world’s richest billionaire

By Ksenia Galouchko, Julien Ponthus and Bloomberg
June 4, 2023
Beverly Hills isn’t so luxury obsessed after all. Voters there just turned their noses up to a new chic hotel from billionaire Bernard Arnault
Leadership

Beverly Hills isn’t so luxury obsessed after all. Voters there just turned their noses up to a new chic hotel from billionaire Bernard Arnault

By John Gittelsohn and Bloomberg
June 2, 2023
A group of shoppers going into a Lululemon store
Retail

Chinese consumers are flocking back to high-end goods as Lululemon reports a 79% jump in China sales

By
June 2, 2023
From firing 9,000 people after a buyout to earning the nickname ‘The Terminator,’ this is how LVMH CEO Bernard Arnault made his money
Lifestyle

From firing 9,000 people after a buyout to earning the nickname ‘The Terminator,’ this is how LVMH CEO Bernard Arnault made his money

By
June 1, 2023

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