The idea of owning and operating a big house of brands is on the wane as fashion’s traditional consolidators struggle.
Capri is now widely expected to sell Versace ... It could appeal to LVMH for example, although CEO Bernard Arnault tends to avoid turnaround situations as the investment in Moncler demonstrates.
Versace could return to Italian hands with Renzo Rosso, but the private equity fund Permira and Marco Bizzarri (former CEO of Gucci) are also in the running. In the meantime, Stella McCartney regains ...
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Hosted on MSNThe new Ford all-electric Capri Blue my mind Infotainment SystemAthletic all-electric performance rewires Capri for the EV generation. Sports car acceleration, more than 620 km driving range, fast charging … and more than 570 litres of boot space. Is this the ...
High-end luxury brands may have taken their price increases too far. That is presenting opportunities for less-expensive ...
Bernard Arnault, the billionaire CEO of the luxury conglomerate LVMH, has said there are no plans to relocate the company ...
Bernard Arnault is outpacing Elon Musk and Mark Zuckerberg in wealth gain this year after signs of a rebound in luxury demand boosted LVMH stock.
French luxury conglomerate LVMH saw its stock slide by more than 6% following the Tuesday evening reveal of its 2024 annual results.
Bernard Arnault joined the slew of business titans at the swearing-in of Donald Trump as the 47th U.S. president in the U.S. Capitol’s Rotunda. The founder, chairman and chief executive officer ...
LVMH chief Bernard Arnault and Reliance Industries chairman Mukesh Ambani—the world’s fifth- and eighteenth-wealthiest people—attended President Donald Trump’s inauguration events Monday, marking a ...
Luxury magnate Bernard Arnault has gotten almost $1 billion a day richer so far in 2025.Tefano Rellandini/Getty Images Bernard Arnault has gained more wealth in 2025 than anyone else, including ...
Bernard Arnault lost a spot in the billionaire rankings after LVMH Moet Hennessy posted results that weren't as strong as some luxury-goods rivals. Forbes' calculations on billionaires updated on ...
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