Big success for Donald Trump, Elon Musk? One of the world's richest persons warn that companies could flee France for USBillionaire Bernard Arnault of luxury conglomerate LVMH has sent a stern message to the French government.
31 Jan, 2025, 01.07 AM IST
Bernard Arnault's legacy: Can his children sustain LVMH - the world's largest luxury conglomerate empire?In an effort to secure LVMH's future, Arnault has raised the retirement age for the CEO and chair to 80. He has also created a corporate st...
22 Sep, 2023, 05.43 PM IST
View: Succession is tricky, none trickier than the richest person choosing who follows himThe case of the family of Bernard Arnault, chairman-CEO of Louis Vuitton, and world's richest man, is just as speculative as the Roys and M...
13 May, 2023, 11.00 PM IST
Luxury sector eyes reopening of ChinaThe world's largest luxury group LVMH posted a 23-percent jump in sales to a record of 79 billion euros ($86 billion) in 2022 and saw profi...
19 Feb, 2023, 10.06 AM IST
LVMH names new Louis Vuitton CEO, puts Arnault daughter in charge of DiorShares in LVMH, Europe's most valuable company at about 380 billion euros ($408 billion), rose as much as 2% to hit new highs. Shares in lu...
11 Jan, 2023, 06.00 PM IST
Meet Frédéric Arnault, the 26-year-old power player who was being groomed to become TAG Heuer CEOFrédéric is the latest Arnault to enter the spotlight, thanks to a partnership with Ryan Gosling.
29 Oct, 2021, 06.07 PM IST
LVMH has a plan to change Tiffany: New luxe watches, silver jewellery, some sparkleTiffany's products range from $150 silver pendants to exquisite diamond necklaces.
27 Jan, 2021, 05.57 PM IST
US luxury goods giant Tiffany sues LVMH for reneging on $16 billion deal as France steps inThe deal is the latest in a string of mergers and acquisitions that were agreed to before the coronavirus pandemic took off around the worl...
10 Sep, 2020, 09.09 AM IST
Authors Olga Tokarczuk & Peter Handke win Nobel Literature Prize after 2018 #MeToo scandalLast year's award was postponed following sex abuse allegations that had rocked the Swedish Academy.
10 Oct, 2019, 05.29 PM IST
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.
18 Jul, 2019, 01.47 PM IST
Swedish Academy names literature professor, Mats Malm, as new secretaryPrevious secretary Sara Danius was forced to step down amid her husband Jean-Claude Arnault's #MeToo scandal.
27 Apr, 2019, 01.19 PM IST
Louis Vuitton’s next generation steps up to Kanye's latest tune; is breaking away from brand's modus operandiAs Bernard Arnault's children expand their influence, LVMH is reshaping the brands it already owns.
29 Jun, 2018, 07.01 PM IST
A Basquiat work from the 20th century fetched $45.3 million in an auctionThe piece helped lure a host of billionaires to the boutique auction house’s preview.
18 May, 2018, 07.12 PM IST
When Roger Federer spent $250 to dye his hair blond during a tournamentHis mother Lynette was not amused at this experiment by Roger. He also had to get rid of his golden locks and wear a cap.
01 Feb, 2017, 09.38 AM IST
Retd Indian Army Lt General named in UN panel on peacekeepingBan Ki-Moon has appointed Abhijit Guha, a retired Indian Army Lieutenant General, to a high-level panel to assess UN peace operations.
01 Nov, 2014, 12.44 PM IST
France president Francois Hollande’s 75% tax rate loss shows limit of ability to tap richThe tax, one of Hollande’s campaign promises , had become a focal point of discontent among entrepreneurs and other wealth creators, some o...
31 Dec, 2012, 12.27 PM IST
- Hermes to launch limited edition $1,800 sarees in India in October
A Hermes India spokesperson confirmed that the brand would launch a limited edition collection of four to five silk sarees in India in Octo...
09 Aug, 2011, 05.23 AM IST