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...
Bernard Arnault’s wealth is around $203 billion. Indeed Arnault is the CEO and chairman of the luxury goods conglomerate LVMH Moët Hennessy Louis Vuitton, a massive luxury group that generated over €79 billion in revenue ($83 billion) in 2022, spanning across wines, fashion, cosmetics, an...
The following is not a complete list of who owns what. I chose instead to highlight the most commonly recognized brands to give you an overall taste of how very few players dominate most of the brands we have come to think of as independent companies. Here’s the lowdown of who owns w...
If you do, this blog may not be the right fit for you. Doesn’t mean you aren’t welcome – you are – but don’t expect us to change. We ‘yam what we yam’! You have your own opinion about fragrance and what you like. If you love Pink Sugar or Old Spice?
LVMH's Bernard Arnault, Tesla's Elon Musk, and Amazon's Jeff Bezos are the wealthiest people in the modern world.1 Mansa Musa In 1324, Mansa (meaning Emperor) Musa embarked on a hajj (pilgrimage) to Mecca, bringing with him an entourage of 60,000 people and an enormous treasure of gol...
What are the major elements of LVMH's competitive strategy in the branded luxury products industry? How well do the pieces fit together? Is the strategy evolving? Corporations that lack a consistent strategy structure culture relationship are what strategic type? a. initiators b. reactors c...
The company, which she co-owns with luxury conglomerate LVMH, reportedly racked in more than $550 million in revenue in 2020. She also has a 30 percent stake in her Savage x Fenty lingerie line, which raised approximately $115 million in series B funding at a $1 billion ...
Designer To replace Galliano. Who is the specific candidate is still unclear. However, the media mentioned several people, including Givenchy's RiccardoTisci and Lanvin's Alber Elbaz, and the two person service brand belongs to LVMH. This dismissal will undoubtedly become one of the strangest even...
In 2008, Bernard Arnault, the luxury goods giant of LVMH group, which owns Dior, Fendi and Louis Vuitton brands, invited Phoebe Philo to build bricks for Celine. He has always been a famous designer. In fact, in addition to the opening up for all, Marc Jacobs has joined Louis Vuitton ...
Unlike on Amazon, where those brands’ storefronts will look like Amazon, on Tmall they look just as they do on their own branded sites. Furthermore, the brands own the customer experience, they own the relationship and they own the data. This means that Alibaba does not compete with ...