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Bernard Arnault

  • PARIS, April 29- France's Moulin family, which this year became Carrefour's top shareholder, will request two board seats at the French retailer's next annual shareholder meeting on June 11, a source close to the matter said on Wednesday. "Patricia Lemoine, the daughter of Ginette Moulin, and Philippe Houze will be proposed," the source told Reuters.

  • *Yoox/ Net-a-Porter merger may be a game-changer. PARIS, April 23- The merger of the world's two biggest online fashion stores, Net-a-Porter and Yoox, sends a warning to luxury brands to embrace the Internet with more vim after years of resistance. Top brands such as Prada and LVMH's Christian Dior still baulk at the idea of selling clothing online as well as through...

  • SAO PAULO/ PARIS, April 9- Brazilian tycoon Abilio Diniz is in talks to raise his 5.07 percent stake in Carrefour SA and has the support of major shareholders to take a board seat in the retailer, a source with knowledge of the situation said on Thursday. Diniz, who is Carrefour's fourth-biggest shareholder behind France's Moulin family, billionaire Bernard...

  • *Elton John calls for boycott of D&G. *Gabbana calls Elton John a fascist. Pop superstar Elton John, leading the chorus of criticism, called for a boycott of the brand on Sunday.

  • TABLE-Forbes rich list rankings Monday, 2 Mar 2015 | 2:34 PM ET

    March 2- Bill Gates topped Forbes magazine's annual list of the world's richest people, released on Monday, with Mexican telecommunications tycoon Carlos Slim Helu in second place. 6 Charles Koch $42.9 bln Up Diversified U.S. 6 David Koch $42.9 bln Up Diversified U.S. 8 Christy Walton $41.7 bln Up Wal-Mart Stores Inc U.S. 11 Alice Walton $39.4 bln Up Wal-Mart U.S. 12...

  • PARIS, Feb 4- LVMH shares hit a record high on Wednesday after sales rose more than expected, helped by the revitalisation of the luxury group's flagship Louis Vuitton brand under star designer Nicolas Ghesquiere. By 1039 GMT, the shares were up 5.3 percent at 152.10 euros, valuing the fourth-biggest company in the French CAC 40 blue-chip index at 77.2 billion...

  • *Cognac sales in China to remain weak in Q1 but rebound in H2. PARIS, Feb 3- Louis Vuitton's successful renaissance under star designer Nicolas Ghesquiere boosted sales growth at LVMH's flagship luxury brand and helped the group post stronger-than-expected fourth-quarter sales. Louis Vuitton, under the creative stewardship of Ghesquiere since Nov. 2013,...

  • LVMH tosses Hermès on the discount rack Wednesday, 3 Sep 2014 | 2:19 PM ET
    Hermes special order Horseshoe 30 cm (12 inches) shiny braise and ultra violet Nilo crocodile Brikin bag, Heritage Auctions,  Luxury Accessories Signature Auction.

    French rivals LVMH and Hermès are celebrating a truce and putting an end to takeover speculation. Hermès shareholders may not be so thrilled.

  • 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.