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Arnault tightens his LVMH control with $1.6-B buying spreeBernard Arnault significantly increased his stake in LVMH, spending $1.6 billion on shares to move closer to owning half of the luxury cong...- The biggest luxury deals in recent yearsLuxury giant Kering is selling its fragrance brand Creed to L'Oreal for 4 billion euros, marking a strategic shift. This follows Kering's 2...
- High stakes for high fashion: Brands bet on luxury revival on the catwalkLuxury brands like Chanel, Dior, and Gucci are introducing new designers amidst a challenging economic climate. The high-end industry is st...
- Paris Fashion Week kicks off but 'solemn' wartime mood pushes organisers to strike a sombre toneThe conflict will cast a pall over a fashion week that was back in full pomp.
- LVMH acquires 60% stake in Off-White; Virgil Abloh gets a seat at the luxe group's power tableAbloh said he hopes the deal will ensure that Off-White will be “on historic corners all over the world for years to come.”
- Bernard Arnault overtakes Jeff Bezos to become world's richest personAs per Forbes, Arnault claimed the top spot with a net worth of $186.4 billion surpassing Bezos whose net worth stands at $186 billion.
- Louis Vuitton India FY20 net jumps 57%According to documents recently filed with the registrar of companies (RoC), accessed through business information platform Tofler, LVMH, k...
- Bill Gates no longer world's second richest, LVMH's Arnault climbs to No. 2Gates has never ranked lower than No. 2 in the seven-year history of the Bloomberg Billionaires Index.
- The world now has three people worth more than $100 billion eachArnault, chairman of LVMH, entered the ranks of centibillionaires on Tuesday as the luxury-goods maker climbed 2.9% to a record 368.80 euro...
- LVMH to gain control of Christian Dior after $13 billion Arnault dealArnault, who has a net worth of $46.3 billion, took control of Dior and Louis Vuitton in the 1980s and later added brands ranging from fash...
- Six celebs who made a mark at the Golden Globes red carpetFrom Kate Winslet to Leonardo DiCaprio, Hollywood upped the style quotient at the Awards ceremony this year.
- L Capital plans to sell stake in Fabindia; cashout to plunk Rs 660 crore down LVMH coffersL Capital is targeting $100 million (Rs 660 crore) for its 8% holding in the unlisted Indian company, more than four times the investment i...
- Facebook group EatTreat bags $3,50,000 from 15 investorsWith close to 50,000 members on its Facebook group, the community allows users on social media to write about their food journeys.
- Swarovski may buy 12% stake in Mumbai’s Tara Jewels; deal to value Rs 500 croreAustria-based Swarovski Group is close to buying a minority stake in domestic jewellery house Tara Jewels, according to two people close to...
- Shahnaz Husain scouting for JV partners in US, Europe"I am looking for the right kind of investment and open to the idea of a joint venture for global operations in the US and Europe," Husain ...
- L Capital Asia, Groupe Arnault in fashion JV with Genesis Luxury FashionL Capital Asia and Groupe Arnault are forming a 50:50 joint venture with Genesis Luxury Fashion to showcase ethnic haute couture.
- Gitanjali Gems up on LVMH plans to pick up stakeThe world’s largest luxury conglomerate, LVMH, through its private equity arm L Capital, is set to acquire a significant minority stake in ...
- LVMH to pick up stake in Gitanjali Gems’ new armLVMH, through its private equity arm L Capital, is set to acquire a significant minority stake in Gitanjali Gems’ proposed subsidiary that ...
- Italy's DG takes a twin shot with one JVItaly’s luxury apparel and lifestyle brand Dolce & Gabbana (DG) is seeking to give a novel definition of ‘single-brand retail’.
- Louis Vuitton gets nod for LV Trading buyLouis Vuitton Malletier (LVM), the world’s largest brand in fashion and leather goods, has got the green light from the foreign investment ...
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