Bernard Arnault
Latest News
LVMH to sponsor Paris 2024 Olympic and Paralympics Games
Paris 2024 will take place from 26 July to 11 August and August 28 to 8 September next year and it is expected to draw 10,500 Olympic athletes New Delhi: Luxury retail giant LVMH has become a premium partner of...
Big Grid
Birkenstock sells majority stake to LVMH backed equity firm, L Catterton
Global lifestyle brand Birkenstock has reached an agreement to sell a majority stake in Birkenstock Group to L Catterton, the largest and most global consumer-focused private equity firm, and its affiliates including Financière Agache, the family investment company of Bernard...
International News
LVMH to make hand sanitizers to fight coronavirus
The French luxury group LVMH said Sunday that it would begin producing sanitising hand gel at three of its perfume and cosmetics sites in France, for distribution to French hospitals fighting the country's coronavirus outbreak.
“Given the risk of a...
International News
LVMH pairs with Stella McCartney
French luxury goods group LVMH, has announced a tie-up with sustainable luxury fashion brand, Stella McCartney.The partnership with LVMH – which houses luxury retailers such as Louis Vuitton, Dior, Givenchy, Fendi, Tag Heuer and Kenzo – was undertaken to help...
International News
LVMH to consolidate hold on Dior in US $13 billion deal
The French luxury group LVMH, led by billionaire Bernard Arnault, is to take full control of Christian Dior, in a complex US $13 billion deal that reunites the fashion house with the perfume and other Dior brands.
According to LVMH,...
Latest News
Dior sales to hit 5 bn euro this year
Bernard Arnault, CEO of LVMH said on Thursday that the total sales figure of Christian Dior (parent company of LVMH) might reach 5 billion euros ($5.63 billion) this year.
Christian Dior Couture has reported a profit of 20 per cent...
Fashion & Lifestyle
Learning From Luxury
Luxury products are simply made with deep passion and consistent persistence. Luxury brands and products have a zero tolerance for errors which is the core to ensuring the continued good quality, sustained brand values and the purity of their...
Retail
Carrefour under fire for Brazil plans
Tensions over Carrefour’s contentious plan to merge its Brazilian assets with those co-owned by a French rival have intensified after a shareholder lobby group raised concerns with Paris regulators about the deal.Deminor, a group which acts on behalf of...
Retail
Carrefour profit fears over French stores
Carrefour has been forced to issue what many analysts believe will be the precursor to a profit warning because of the problems at its French supermarket business.The French retailer, the world’s biggest supermarket chain after Walmart of the US,...
Retail
Carrefour names new France head as woes build
Carrefour , the world's second-biggest retailer, shifted its European head to oversee its struggling French division, the latest in a series of moves to bolster investor confidence in its recovery plan. Carrefour, which is to face investors at an...
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PayU gets RBI’s in-principle nod to operate as payment aggregator
PayU can now onboard new merchants to provide them digital payment servicesNew Delhi: Fintech firm PayU has received an...
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