PARIS, Jan 31- Louis Vuitton, the world's biggest luxury brand in terms of sales, is planning to dampen its expansion worldwide and focus on high-end products to preserve its exclusive image, said Bernard Arnault, chief executive of parent LVMH.
PARIS, Jan 21- The U.S. market for high-end luxury goods rebounded in 2012 as consumer sentiment improved, the head of Christian Dior, one of France's biggest fashion brands, said on Monday.
Jan 21- In February 2008, Thomas Minder, a Swiss businessman whose family-owned company is best known for its old-fashioned herbal toothpaste, attacked his banker, UBS Chairman Marcel Ospel, as if he were a form of stubborn plaque. At a shareholders' meeting in Basel, he stormed the podium as Ospel addressed the crowd.
The world's largest luxury company said Jordi Constans would be replaced by Michael Burke, chief executive since February of Bulgari, the Italian jeweller that LVMH added to its stable last year. Group CEO Bernard Arnault added in a statement that Burke had "enormous experience" and "knows Louis Vuitton well".
PARIS, Nov 8- Star designer Karl Lagerfeld said the departure of Nicolas Ghesquiere from Balenciaga as artistic director to create his own brand with backing from LVMH's Bernard Arnault would ``not be a bad idea'' as the group owned many old labels.
*Burberry's move could inspire Gucci, Prada. Like most luxury firms, the British brand licenses its perfume business, in this case to Interparfums, which also sells scents for an array of other names, from shoemaker Jimmy Choo to penmaker Montblanc.
PARIS, Oct 12- Paris prosecutors have launched a preliminary criminal investigation into the conditions surrounding luxury group LVMH's building of a stake in bag maker Hermes, the Paris prosecutor's office said on Friday.
PARIS, Oct 12- Paris prosecutors have launched a preliminary criminal investigation into the conditions surrounding luxury group LVMH's building of a stake in bag maker Hermes, the Paris prosecutor's office said on Friday. The move comes after Hermes last month asked prosecutors to open a probe into alleged insider trading and share manipulation by LVMH.
PARIS, Oct 12- Paris prosecutors have launched a preliminary criminal investigation into the conditions surrounding luxury group LVMH's building of a stake in bag maker Hermes, the Paris prosecutor's office said on Friday. The move comes after Hermes last month asked prosecutors to open a probe into alleged insider trading and share manipulation by LVMH.
LONDON-- He's taken heat for talking about moving from France to Belgium to avoid high taxes _ and now he's raising eyebrows with an honor from the British Queen. Bernard Arnault, the luxury goods chief who is France's wealthiest man, is set to receive an honorary knighthood in Britain.
PARIS, Oct 7- The chief executive of French luxury group LVMH, Bernard Arnault, is set to be knighted in London for his contributions to the British luxury industry, an LVMH spokesman said on Sunday. With the knighthood, Arnault will join such personalities as Bill Gates, Stephen Spielberg and Placido Domingo, all of whom have been similarly honored.
The Louis Vuitton showman thus capped an incredibly strong Paris fashion week _ with help from artist Daniel Buren _ by building a life-size shopping mall inside the Louvre. Understatement is not a word in Jacobs' vocabulary, so a collaboration with the minimalist artist _ who made the famed striped columns in Paris' Palais Royal _ might have raised eyebrows.