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Business Bernard Arnault

  • PARIS, Nov 21- LVMH, the world's biggest luxury goods company, has bought a majority 60 percent stake in Napa Valley's Colgin Cellars vineyard, as part of the French group's general strategy of acquiring highly-rated wine operations. Colgin Cellars was founded in 1992 by Ann Colgin and specialises in red wines, many of which have achieved top marks from...

  • PARIS, Nov 8- Luxury goods firm LVMH is opening a second high-end food hall in Paris, betting on growing appetite from locals for gourmet groceries as the group spruces up its stores across the French capital. The group said it was pitching this launch at Paris residents who might think twice before crossing town to the southerly Left Bank to shop at LVMH's...

  • PARIS, Nov 8- Christian Dior's chief executive Sidney Toledano will step down after 20 years to take on a broader fashion role at parent LVMH in an reshuffle that propels the boss of stablemate Fendi to the top of Dior. New boss Pietro Beccari, 50, took the Italian Fendi brand further upmarket and gave it a zestier feel. "He will be an excellent leader who will steer...

  • PARIS, Nov 8- Bernard Arnault, France's richest billionaire and the head of luxury goods group LVMH, said on Wednesday that assets referred to by Le Monde newspaper, in the "Paradise Papers" leaks tracking tax affairs, were known to tax authorities. Commerce Secretary Wilbur Ross, to Britain's Queen Elizabeth. Le Monde's article had said Arnault owned a large house...

  • *Trying to meet soaring demand in United States, China. COGNAC, France, Oct 18- Luxury goods maker LVMH hopes to be well on its way to remedying its cognac shortage two years from now, billionaire boss Bernard Arnault said on Wednesday, as its Hennessy label struggles to keep up with demand in the United States. "There is land within the area which is not being used,"...

  • PARIS, Sept 20- LVMH, the world's largest luxury group, will invest more to improve its environmental credentials as fashion businesses seek to reassure shoppers who are increasingly drawn to eco-friendly brands, it said on Wednesday. LVMH, which owns fashion house Louis Vuitton and champagne maker Moet& Chandon among its 70 businesses, said its companies would...

  • *Jardin d'Acclimatation lies in western Paris. PARIS, Aug 29- Luxury goods giant LVMH is to lead a 60 million euros plan to turn the capital's 157 year-old Jardin d'Acclimatation into one of France's top three amusement parks. Paris officials last year renewed LVMH's concession for the 18- hectare Jardin d'Acclimatation in the west of the city, opening the way...

  • Bubble is building, warns LVMH CEO Arnault

    CNBC's Arjun Kharpal reports from the VivaTech conference in Paris, France, with comments from LVMH CEO Bernard Arnault on global stock prices.

  • A model walks the runway during the Christian Dior show at Paris Haute Couture Fashion Week at the Musée Rodin on July 7, 2014 in Paris, France.

    LVMH plans to buy out minority shareholders in Christian Dior, a transaction aimed at boosting LVMH's earnings.

  • LVMH CEO issues luxury warning for 2017

    LVMH CEO Bernard Arnault warns of impending doom on luxury retail for 2017. CNBC's Courtney Reagan reports.

  • Jack Ma (R), founder and executive chairman of Alibaba Group, and President-elect Donald Trump pose for the media after their meeting at Trump Tower January 9, 2017.

    The gains in Fiat Chrysler, Alibaba and LVMH contrast with the declines in other stocks after negative comments from Donald Trump.

  • Eva Air’s Rimowa amenity kits in Crytal Green and classic Prosecco colors

    French luxury group LVMH has agreed to buy an 80 percent stake in German high-tech luggage maker Rimowa for $716 million.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.