France
Allies in Saint-Tropez, Stéphane Courbit and Bernard Arnault become luxury rivals in the Luberon
As Glitz.paris first reported, luxury hotel group Les Domaines de Fontenille's opening up of capital will see LVMH become a shareholder. The deal puts the luxury giant in direct competition with Les Airelles' hotel in the Luberon, even as LVMH collaborates with its owner Stéphane Courbit in Saint-Tropez and Venice.