France
LVMH strikes deal with traditionalist Catholic neighbours SSPX to renovate premises

LVMH has had to make a deal with its neighbours, the Society of Saint Pius X, to carry out construction work on the building it rents on Paris's Rue Jean Goujon. The luxury group has even had to make payments to the canonically irregular traditionalist society of Catholic priests. [...]

Published on 19/12/2024 at 06:00 GMT Reading time 3 minutes

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Art Basel Paris
Covivio
Hôtel Lutetia
LVMH
Marc-Antoine Jamet
Marcel Lefevbre
Mémorial du Bazar de la Charité
Moët Hennessy
Philippe Schaus
Roland Berger
Society of Saint Pius X
Vincent Quilton
Wilmotte & Associés

France, United States
Moët Hennessy has a Jay-Z problem

As a high-profile scandal gathers steam, the LVMH branch soon to be run by Jean-Jacques Guiony and Alexandre Arnault doesn't know what to do with its Jay-Z and Beyoncé liquor brands. Discussions are all the more heated given that Moët Hennessy's future CEO has been opposed to those brands from the outset, even though they have the support of his future number two.

Subscribers only Houses 16.12.2024

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.

Subscribers only Entourage 12.12.2024

Spotlight | Italy
Bulgari feud takes toll on LVMH and Accor

The fierce feud that has been brewing for years among the third and fourth generations of Roman jewellers Bulgari is beginning to have repercussions not only for LVMH, which bought the brand in 2011, but also for Accor, which has partnered with the family to set up luxury hotels in Italy.

Subscribers only Families 12.12.2024

Sisters Veronica Bulgari and Ilaria Bulgari have been at loggerheads for several years.

France
Revealed: the numbers behind LVMH's purchase of leading French jewellery maker

All parties involved in the luxury giant's investment in Platinum Invest have kept a tight lid on the transaction's figures. Glitz.paris now spills the beans on a deal designed primarily to support Tiffany & Co's growth.

Subscribers only Houses 05.12.2024

France
China crisis pushes LVMH into major rethink about its retail and duty-free business

LVMH is pondering whether to divest its Paris department store La Samaritaine from its duty-free retailer DFS. That could advance Bernard Arnault's long-held plan to sell DFS, which has been loss-making since the pandemic curbed Chinese consumers' foreign travel.

Subscribers only Houses 28.11.2024

Spotlight | France
Hardline French trade union tightens grip on LVMH

Hoping to position itself politically as LVMH CEO Bernard Arnault's fiercest opponent, the CGT trade union is trying to grow its membership within the luxury group's ranks.

Subscribers only Houses 19.10.2023

The CGT is waging a fierce battle within LVMH and stepping up its PR efforts to gain the widest possible foothold in the Bernard Arnault-led group.

Spotlight | France
Paris City Council at loggerheads over luxury on eve of Fashion Week

Already a pervasive presence in Paris public spaces, LVMH's visibility is set to increase further as it sponsors the 2024 Olympic Games. The city's local government has put up little resistance to the group's projects so far.

Subscribers only Entourage 21.09.2023

For a Louis Vuitton fashion show, LVMH has decorated the house's future headquarters with scaffolding in the shape of a trunk.

Set up email notifications for these topics

Art Basel Paris
Covivio
Hôtel Lutetia
LVMH
Marc-Antoine Jamet
Marcel Lefevbre
Mémorial du Bazar de la Charité
Moët Hennessy
Philippe Schaus
Roland Berger
Society of Saint Pius X
Vincent Quilton
Wilmotte & Associés

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