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Best USA Business Magazine 2024
Richemont — the owner of Chloé, Alaïa, Dunhill, Cartier and more — revealed its full-year figures on Friday saying the 12 months to the end of March saw a “robust” performance. But while there was good news, there were also some negative figures in the report. See catwalkChloe – Spring-Summer2025 – Womenswear – France – […]
Read MoreBernard Arnault used to be known for buying luxury brands. Now, his favorite pastime is snapping up buildings – the latest of which is a historic Paris mansion near the Opera Garnier. Hotel Soltykoff, Paris Luxury behemoth LVMH, where Arnault is chairman, CEO and controlling shareholder, acquired the Hotel Soltykoff at 10 rue Volney, located […]
Read MoreTranslated by Nicola Mira Published Jan 29, 2024 Last Thursday, a few seconds after 6 pm CET, as soon as trading at the Paris Stock Exchange closed for the day, luxury tycoon Bernard Arnault took to the conference room stage at the LVMH group’s headquarters in Paris, at 50 Avenue Montaigne. FNW/DM Arnault, who took […]
Read MoreTranslated by Roberta HERRERA Published Jan 27, 2024 During the announcement of LVMH‘s annual results on Thursday, January 25, the French conglomerate’s chairman, Bernard Arnault, once again highlighted “the outstanding performance of the ‘Fashion & Leather Goods’ division,” which achieved a total revenue of €42.16 billion in 2023, marking a 9% increase compared to the […]
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