Forbes Richest List 2024: Bernard Arnault retains title as World's richest person with $233 bn fortune; Report records 2781 billionaires worldwideBernard Arnault maintains his position as the world's richest person in 2024, with a fortune of $233 billion, driven by LVMH's exceptional ...
03 Apr, 2024, 07.10 PM IST
Hermes heir plans to adopt 51-year-old gardener to transfer his $11 bn fortuneThis unconventional move is part of the heir's effort to change his estate beneficiaries, representing 5-6 per cent ownership of the $220 b...
09 Dec, 2023, 12.01 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
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
Prada SpA hires former Luxottica head, Andrea Guerra, as new CEO, replacing duo Patrizio Bertelli and Miuccia PradaPrada SpA, the Italian design brand, selected Andrea Guerra as its next CEO, succeeding the husband-and-wife team of Patrizio Bertelli and ...
06 Dec, 2022, 11.13 PM IST
Reliance Retail plans 'fast fashion' stores to take fight to ZaraAccording to a retail consultant, Reliance has finalised Airia mall in Gurugram and High Street Phoenix in Mumbai and is looking for simila...
22 Sep, 2022, 12.27 AM IST
Louis Vuitton's creative director Virgil Abloh succumbs to cancer at 41; LVMH pays tributeVirgil Abloh was the first black American artistic director of Louis Vuitton's menswear collection.
29 Nov, 2021, 12.03 PM IST
TGI Fridays’ Indian partners sell stake to Singapore firmThe food service sector, estimated at over Rs 4 lakh crore in FY19, is forecast to grow to Rs 5.5 lakh crore by 2021
03 Sep, 2019, 09.58 AM IST
After Karl Lagerfeld's death, Silvia Venturini Fendi to head Italian luxury fashion houseLagerfeld joined Fendi in 1965 and set to modernise the fur specialist with new techniques.
20 Feb, 2019, 01.37 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
Donna Karan brand sold to to G-III for $650 millionThe sale reflects LVMH’s inability to generate profitable growth from the business, which has counted Hillary Clinton and Michelle Obama am...
26 Jul, 2016, 04.19 AM IST
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...
31 Dec, 2015, 04.00 AM IST
After H&M, Select Citywalk mall gets ready to roll out Massimo Dutti and AeropostaleThe company is looking for 5,000-8,000 sq ft space on the ground floor of the mall. It is also scouting for locations to open four-five sto...
14 Oct, 2015, 03.11 PM IST
Bulgari books India return, may tie up a silent partnerItalian luxury firm Bulgari is in the process of finalising a local partner for its proposed reentry into India’s high-end merchandise mark...
13 Jun, 2013, 12.46 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
- LVMH to unveil Tag Heuer phones
Luxury goods giant Louis Vuitton will tap India’s red hot mobile phone market launching handsets under its flagship watch brand Tag Heuer.
08 Oct, 2008, 02.19 AM IST
- Seagram to roll out locally made wines
The Indian arm of global wine & spirit major Pernod Ricard, has decided to roll out brand new wines produced in India from November.
23 Oct, 2006, 01.55 AM IST