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This billionaire, once world's richest, lost $32 billion in 2024. Not Jeff Bezos
Bernard Arnault lost the richest person tag in September 2024 following a 20% fall in his company's shares attributed to the current geopolitical tensions
Updated on Dec 23, 2024 01:15 PM IST
LVMH chief Bernard Arnault to testify in trial of France's former spy chief
Bernard Squarcini, former head of France’s counterintelligence agency accused of leveraging his network to provide services to LVMH, started in November.
Published on Nov 28, 2024 10:02 AM IST
Reuters |
Bradley Cooper's NYC LV appearance has the internet exclaiming 'homeless!'
In a rare public appearance, Bradley Cooper arrived at LV's store opening in NYC. The internet seems to have had a change of heart about the dreamboat though…
Published on Nov 15, 2024 12:57 PM IST
Europe's richest man sues Elon Musk’s X, demands pay for using his news content
Elon Musk is the world's richest person with a $319 billion net worth, while Bernard Arnault of LVMH is the world's fifth richest, with a $164 billion net worth
Published on Nov 13, 2024 10:33 AM IST
HT News Desk | Edited by Abhyjith K. Ashokan
Kiara in Rohit Bal is an example of how not to honour late fashion designers
Kiara Advani's fashion faux pas streak continues in her woefully altered Rohit Bal look. A rundown on what not to do with legacy designers' farewell collections
Published on Nov 11, 2024 05:40 PM IST
Elon Musk may be world's first trillionaire by 2027, followed by Adani in 2028
After Elon Musk and Gautam Adani, Jensen Huang, Indonesian mogul Prajogo Pangestu, Bernard Arnault, and Mark Zuckerberg come next as prospective trillionaires
Published on Sep 09, 2024 11:05 AM IST
HT News Desk | Edited by Abhyjith K. Ashokan
Bernard Arnault has been dubbed Olympics' godfather. How he built LVMH's fortune
This week, LVMH will be the face of the Paris Olympics. Here's how CEO Bernard Arnault built the dominant luxury group's fortune.
Published on Jul 24, 2024 12:04 PM IST
AP | | Posted by Krishna Priya Pallavi, New Delhi
Richemont: luxury group in sights of LVMH'S Arnault?
Richemont: luxury group in sights of LVMH'S Arnault?
Updated on Jul 17, 2024 01:44 PM IST
AFP |
Italian court seeks tougher checks on luxury suppliers after exploitation probes
Supply chain probes this year uncovered sweatshops near Milan where workers, often illegal immigrants, ate and slept, sometimes worked in unsafe conditions.
Published on Jun 13, 2024 08:23 AM IST
Reuters | | Posted by Krishna Priya Pallavi, Milan
LVMH deepens partnership with Alibaba to boost tech presence in China
LVMH will gain access to technology from Alibaba Cloud, to help improve supply chain processes and customer insights, both companies said.
Published on May 22, 2024 02:32 PM IST
Reuters |
Luxury giant LVMH gives a second life to fashion's deadstocks
Ever conscious of its image, luxury giant LVMH set up Nona Source three years ago, selling deadstocks at a sizeable discount to up-and-coming designers.
Published on Apr 21, 2024 10:24 AM IST
AFP | | Posted by Krishna Priya Pallavi, New Delhi
Family affair: Two more Arnault sons join LVMH board
Family affair: Two more Arnault sons join LVMH board
Published on Apr 18, 2024 09:59 PM IST
AFP |
Louis Vuitton and Dior Are Still Wardrobe Staples
Investors have seized on LVMH's performance as a sign of stability for the luxury industry. But it will probably be among the best.
Updated on Apr 17, 2024 02:01 PM IST
Bloomberg |
Estee Lauder layoffs: Job cuts amid skittish China demand, shares surge 19%
Estee witnessed "a small reduction in market share" during the second quarter in China, CEO Fabrizio Freda said on an analysts call.
Published on Feb 06, 2024 07:03 PM IST
Reuters |
Bezos to Arnault: 5 biz leaders in news this week- not all for positive reasons
Spotlight on Nirmala Sitharaman, Vijay Shekhar Sharma, Byju Raveendran, Jeff Bezos, and Bernard Arnault.
Published on Feb 04, 2024 06:06 PM IST
Forbes' billionaire list 2023: Elon Musk loses top spot to Bernard Arnault
Arnault and Elon Musk frequently switch positions on Forbes’ list of ‘Real-Time Billionaires’.
Published on Apr 05, 2023 11:22 PM IST
Kanishka Singharia | Edited by Kunal Gaurav
Dior withdraws Valentino compensation demand of 100,000 euros
Citing a letter from Dior, the source familiar with the matter said the French label was backing down "in light of the friendly relationship between the two Maisons".
Published on Jul 13, 2022 04:53 PM IST
Reuters | | Posted by Krishna Priya Pallavi, Delhi
French fashion brand may limit single client purchases amid soaring demand
The possible wider use of purchase limits comes amid an industry drive for exclusivity, with the French fashion brand repeatedly hiking prices for its handbags during the pandemic. The group says its aim is also to reduce the price gap between different regions.
Updated on May 25, 2022 08:30 AM IST
Reuters | | Posted by Zarafshan Shiraz, Paris
Bernard Arnault pips Jeff Bezos become world's richest person
Bernard Arnault holds a net worth of $198.9 billion compared to Jeff Bezos' $194.9 billion and Tesla owner Elon Musk's $185.5 billion, according to Forbes Real-Time Billionaires List.
Published on Aug 06, 2021 01:13 PM IST
hindustantimes.com | Written by Meenakshi Ray, New Delhi
Louis Vuitton blasted for ‘disgraceful’ keffiyeh with Israel flag colours
‘Profiting off the oppressed people of Palestine is beyond disgraceful’: Twitterati call out French fashion brand Louis Vuitton's 'audacity' for cultural appropriation as it releases new keffiyeh stole worth $700 with alleged Israel flag colours, design and patterns
_1622620862119_1622620873917.jpg "Louis Vuitton’s ‘disgraceful’ keffiyeh with Israel flag colours draws flak for cultural appropriation(Photo by Melanie Pongratz on Unsplash/Twitter@aiyaserendipity)")
Updated on Jun 02, 2021 02:18 PM IST
Zarafshan Shiraz
Rihanna, LVMH suspend Fenty fashion brand's ready-to-wear operations
As the Covid-19 pandemic impacts the personal luxury goods sector differently, with the apparel category suffering the most, LVMH and Rihanna suspend the ready-to-wear operations of the pop singer’s brand - Fenty
Updated on Feb 11, 2021 09:21 AM IST
Bloomberg |