Browsing: Bernard Arnault
LVMH-owned Sephora is riding the ‘lipstick effect’ wave as it eyes more growth amid continuing economic downturn
By Press Room
When budgets get tight, there’s nothing a tube of lipstick can’t solve. Or at least, that’s what economists seem to…
LVMH sets its eyes on Hollywood through a new venture led by Bernard Arnault’s eldest son to produce and place its brands in movies and TV
By Press Room
French conglomerate LVMH is already the biggest player in the luxury industry, with 75 brands under its belt. But that’s…
Elon Musk loses title as world’s richest person to LVMH patriarch Bernard Arnault, paying the price for January rout in Tesla stock
By Press Room
Elon Musk has lost bragging rights as the world’s wealthiest tycoon to Bernard Arnault, the French patriarch behind luxury goods…
French ‘Succession’ intrigue deepens as source says Bernard Arnault plans to nominate 2 more millennial sons to LVMH board
By Press Room
Bernard Arnault plans to appoint two of his sons to the board of LVMH Moet Hennessy Louis Vuitton SE, as…
The world’s 5 richest people, from Elon Musk to Jeff Bezos to Warren Buffett, doubled their wealth to $869 billion since 2020, report finds
By Press Room
The five richest people in the world doubled their combined net worth from $405 billion to $869 billion in just…