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LVMH

Run by Bernard Arnault since 1989, LVMH (Louis Vuitton, Moët & Chandon, Hennessy) is a major actor in fashion (Dior, Givenchy...), alcohol production (Dom Pérignon, Veuve Cliquot), distribution (Sephora...), and the media (Les Echos, Radio Classique...).

France, UAE
Sisley poised to end partnership with Chalhoub Group

The luxury cosmetics group owned by the D'Ornano family is in the process of terminating its partnership with its Middle East distributor.

Subscribers only Houses 13.03.2025

Italy, United States
Fendi's paparazzi ads come back to bite the brand

Two well-known American paparazzi have filed lawsuits in New York, accusing the luxury label of illegally using their photos of Rihanna and Jennifer Lopez.

Free access Houses 13.03.2025

France
Moynat makes radical accounting move to cover losses

The French luxury leather goods maker Moynat has in recent years racked up losses of over €30m. Its owner, the Arnault family, is trying a radical accounting solution to resolve the problem.

Subscribers only Houses 13.03.2025

France
After Kering and Valentino, the Beaux-Arts opens its doors to LVMH

On 10 March, Loewe hosted a prestigious dinner at the Beaux-Arts de Paris for its wealthiest clients. After Valentino and Alexander McQueen, it is the third couture house to take over the venue in recent months.

Subscribers only Houses 13.03.2025

France
Foreign model agencies regularly flout French labour regulations

Russian, US and Japanese agencies are well used to circumventing strict French regulations in order to get their models on the catwalks of Paris. This situation has alarmed French agencies, and they have turned to the country's labour authorities for help.

Subscribers only Entourage 13.03.2025

France, Italy
Harry's Bar owners loaned millions by Xavier Niel's family office

Venice's Cipriani dynasty, which owns the original Harry's Bar in the city but has run into financial problems caused by property development by the third generation of the family in Uruguay and Dubai, has been granted a big loan by the family office of French businessman Xavier Niel.

Subscribers only Families 13.03.2025

Front Row | France, United States
Vidyuth Srinivasan, the engineer who automated the fight against fakes

Srinivasan has developed technology that can authenticate luxury goods with a high level of accuracy. His tool is widely used by second-hand platforms, and some even outsource their entire counterfeiting checks to his firm Entrupy.

Subscribers only Entourage 13.03.2025

Led by engineer Vidyuth Srinivasan, Entrupy uses AI to help authenticate luxury goods.

Spotlight | France
Avenue Montaigne luxury stores battle for storage space

The boutiques on Avenue Montaigne, the epicentre of Paris luxury, are at war. The prize they are fighting for is the upper floors of the buildings on the street, which they desperately need for storage space.

Subscribers only Entourage 06.03.2025

Luxury brands with boutiques on Avenue Montaigne are competing to find storage space on the same street.

Italy
Prada bets big on cashmere

In the race to buy Versace, Prada invested several million euros last year in the cashmere group Fedeli. It hopes to emulate the success of houses like Loro Piana (LVMH) or Barrie (Chanel) that offer items in this fabric.

Subscribers only Houses 06.03.2025

Front Row | France
Jean-François Rosso, the Arnault family's staunch custodian

The discreet consultant domiciled in Dubai has been in charge of the security detail that protects LVMH's shareholding family for almost a decade. A contract secured by long-standing loyalties.

Subscribers only Families 06.03.2025

Jean-François Rosso, head of Maegis and a close associate of Charles Pellegrini, coordinates security for LVMH's shareholding family.

Spotlight | France
Arnault family on the verge of controlling over 50% of LVMH

The fall in LVMH's share price, from €850 to €690 in just over a year, has allowed the Arnault family to quietly grow its stake in the group, which now sits just below an absolute majority of 50%.

Subscribers only Families 27.02.2025

The fall in LVMH's share price has allowed the Arnault family to quietly grow its stake in the group to almost 50%.

France, West Africa
Berluti cashes in on African dignitary market

Senior African politicians used to frequent a select group of independent European tailors. Now they are buying more from the menswear houses of major luxury groups, particularly LVMH.

Subscribers only Houses 27.02.2025

Spotlight | Italy
Fendi celebrates its centenary with changes at the top

The LVMH-owned Roman brand is currently putting the finishing touches on an extravagant show to mark its 100th anniversary at Milan Fashion Week. Behind the scenes, Fendi is planning a major overhaul to both its management and creative teams.