Arnault had initially invested in LVMH at the invitation of the CEO of Louis Vuitton, Henry Racamier, who wanted his backing to consolidate his position against Alain Chevalier, the CEO of the much larger Moët Hennessy. Since the merger, there had been constant feuding and legal battles betw...
“What you call true luxury is a relative concept for each individual,” says Arnault. He believes that LVMH’s role is to “produce products and experiences that convey an authentic sense of value to our customers.’’ This idea of experiential luxury is what LVMH wants to develop with its...
The Perfect Paradox of Star Brands - An Interview with Bernard Arnault of LVMH Few companies can boast a collection of star brands like LVMH Moet Hennessy Louis Vuitton, the French powerhouse that owns the likes of Dior, Dom Perignon, and TAG Heuer. What accounts for the company's spectacular...
Arnault reportedly owns the 133-acre Indigo Island in the Bahamas, purchased for $35 million. Art Bernard Arnault's net worth has encountered a slight ding from his world-class collection of art. He owns works by Picasso, Henry Moore, Andy Warhol, and Yves Klein. In relation, he launched ...
Few companies can boast a collection of star brands like LVMH Moet Hennessy Louis Vuitton, the French powerhouse that owns the likes of Dior, Dom Perignon, and TAG Heuer. What accounts for the company's spectacular success? In a rare interview, the chairman of LVMH, Bernard Arnault, opens ...
“We are very honored to have the president of the United States. I’m not here to judge any types of policies,” said Arnault. “I’m here to work with my brand and we are going to, over five years, have 1,000 people working here and that’s what matters.” WATCH: President ...
The Perfect Paradox of Star Brands - An Interview with Bernard Arnault of LVMH Few companies can boast a collection of star brands like LVMH Moet Hennessy Louis Vuitton, the French powerhouse that owns the likes of Dior, Dom Perignon, and TAG Heuer. What accounts for the company's spectacular...
Arnault focused on increasing LVMH’s growth by acquiring existing companies and brands in various luxury sectors, including the French fashion houses Christian Lacroix, Givenchy, and Kenzo; the leather goods companies Loewe, Celine, and Berluti; the jeweler Fred Joaillier; the duty-free chain DFS ...