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Bernard Arnault

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  • UPDATE 2-LVMH and Hermes call truce in "handbag war" Wednesday, 3 Sep 2014 | 8:25 AM ET

    PARIS, Sept 3- A long and bitter battle that has gripped the luxury goods industry and pitted two of France's richest families against each other came to an unexpected end on Wednesday when LVMH and Hermes agreed to a truce.

  • PARIS, Aug 1- For all the surprise that has greeted French telecom group Iliad's bid for T-Mobile US, there is one thing a procession of broadband and mobile firms have learnt in recent years: don't underestimate Xaviel Niel.

  • Bernard Arnault fashions an empire out of opulence Tuesday, 29 Apr 2014 | 7:00 AM ET

    Combined a host of luxury brands into the LVMH conglomerate, along the way distilling a magic elixir of design, production, and above all marketing.

  • The grand opening Louis Vuitton shop in Hong Kong.

    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.

  • Actor Depardieu: Success Being Punished in France Monday, 17 Dec 2012 | 1:11 AM ET
    French actor Gerard Depardieu

    The French actor, accused by French government leaders of being "pathetic" and unpatriotic in trying to dodge taxes by buying a house over the border in Belgium, has hit back at politicians.

  • Actor Depardieu's Belgium Move 'Pathetic:' French PM Thursday, 13 Dec 2012 | 5:02 AM ET
    A photo taken on December 10, 2012 shows a house in the Belgian village of Nechin near Estaimpuis allegedly bought by French actor Gerard Depardieu.

    Actor Gerard Depardieu's decision to establish residency in Belgium, which does not have a wealth tax, by buying a house just over the border with France, is "pathetic" and unpatriotic, French Prime Minister Jean-Marc Ayrault said on Wednesday.

  • 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.

  • LVMH's Hermes stake targetted by preliminary probe Friday, 12 Oct 2012 | 1:29 PM ET

    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.

  • France's richest man to get honorary knighthood Monday, 8 Oct 2012 | 11:44 AM ET

    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.

  • LVMH head Arnault to be knighted in London Sunday, 7 Oct 2012 | 2:05 PM ET

    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.

  • Louis V, Miu Miu and Elie Saab give grand finale Wednesday, 3 Oct 2012 | 3:20 PM ET

    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.