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The Latest Breaking News from Bernard Arnault

How the World’s 9 Richest Billionaires Spent Their First $1 Million

These billionaires work in different industries and followed different paths to wealth, but they all have one thing in common: They reinvest their earnings.

GOBankingRates

Luxury Labels Lose Their Luster Amid Changing Vibes, Gucci Sales Plunge 25% and LVMH Disappoints

Luxury brands are grappling with a significant sales slump, raising concerns over the long-term structural attractiveness of the industry.

Benzinga

Nasser al-Khelaifi plays game of risk with plans to move PSG from the Parc

With Paris FC promoted, European champions could lose their monopoly in city if out-of-town move goes through

The Guardian - UK

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Dior picks Northern Irish designer to head up men's and women's collections

French fashion house Dior named Northern Irish designer Jonathan Anderson on Monday as the first-ever creative director for both its women's and men's collections.

Radio France Internationale

Dior's revival rests on its historic appointment of Jonathan Anderson as creative director

"At 40, Jonathan Anderson has exceptional qualities combining creativity and savoir-faire," Dior chair Delphine Arnault told Fortune.

Fortune

Dior appoints Jonathan Anderson as sole creative director

Northern Irish designer, 40, becomes first to hold complete creative control of fashion house since Christian Dior

The Guardian - UK

Jonathan Anderson makes history as new Dior men's and women's creative director

The former Loewe creative director is officially taking the reins at both Dior men’s and women’s, making him the first person to do so since the brand’s founder

Evening Standard

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Italian Designer Maria Grazia Chiuri Out At Dior

Dior announced Thursday that Italian designer Maria Grazia Chiuri was stepping down as artistic director of the French fashion house's women's collection after almost a decade on the job.

International Business Times

Why LVMH’s $1 billion Formula One bet is more than the average luxury partnership

As well as a timekeeper, Tag Heuer became the first title sponsor for the Monaco Grand Prix this year.

Fortune

Europe's wealthiest billionaire Bernard Arnault hopes to use his ‘modest means’ to convince the EU to negotiate better with the U.S.

LVMH CEO Bernard Arnault said EU-U.S. talks on tariffs need to be pursued “with the aim to succeed.”

Fortune

LVMH's U.S. CEO is glad 'annoying' quiet luxury term has died

Anish Melwani, US CEO for LVMH, which owns Dior, Fendi, and Tiffany, is glad "quiet luxury" is over.

Fortune

Billionaire-owned Paris FC Win Promotion And Prepare To Take On PSG

Six months after a joint takeover that involved Europe's richest man and drinks giant Red Bull, Paris FC squeezed out a 1-1 draw at Martigues on Friday to lock up promotion to Ligue 1.

International Business Times

Europe’s richest man Bernard Arnault slammed the EU for failing U.S. negotiations—but von der Leyen says countries are 'lining up to work with us'

"It will be Brussels' fault" if LVMH produces more of its high-end goods in the U.S., Arnault warned.

Fortune

Can Europe's Richest Family Turn Paris Into A City Of Football Rivals?

Paris has everything -- stunning architecture and arguably the best food and fashion in the world.

International Business Times

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Euronews

LVMH CEO criticises Brussels bureaucrats as US-EU tensions simmer

French businessman Bernard Arnault warned trade tensions with the US would wreak havoc on European businesses — criticising Brussels' negotiation skills.

International Business Times

N.Ireland Designer Jonathan Anderson Takes Helm At Dior Men

French fashion giant Dior named the highly-rated designer Jonathan Anderson as creative director of Dior Men on Thursday.

Fortune

Hermès leapfrogs LVMH to become Europe's most valuable luxury company after the Louis Vuitton owner reported downbeat results

“Some people want to do a bit like Hermès, but it doesn’t work out at the end of the day,” Hermès executive chair Axel Dumas said in February.

International Business Times

LVMH Sales Dip As Trump Tariffs Dent Luxury Tastes

Luxury giant LVMH saw sales fall two percent to 20.3 billion euros ($23 billion) in the first quarter of 2025 as US President Donald Trump's tariffs shook the global economy, the company said on Monday.

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Fortune

LVMH sales slip 3% as luxury shoppers come face-to-face with tariff uncertainty

LVMH CFO Cécile Cabanis said, “Aspirational clientele is always more vulnerable in less positive economic cycles.”

The Guardian - UK

Which Trump-supporting billionaires have lost the most in tariff markets turmoil?

Wealth of world’s richest tycoons shrinks as US president’s trade war spooks investors

The Independent UK

World’s richest billionaires lost $200bn in single day after Trump’s tariffs rocked markets

Carlos Slim was one of few to see his net worth rise - but Elon Musk, Mark Zuckerberg and others saw billions wiped off their wealth

The Independent UK

French President Macron urges suspension of US investments after Trump tariffs

Macron argues European investments in America ‘should be suspended until things are clarified ‘

Fortune

LVMH heir Alexandre Arnault will join the board of top-end ski wear brand Moncler after the French giant struck a deal with its CEO

LVMH bought a 10% minority stake in Double R, Moncler’s largest shareholder and the vehicle owned by its CEO Remo Ruffini, six months ago.

BANG Premier

Bernard Arnault wants to extend LVMH CEO age limit

LVMH CEO Bernard Arnault wants to stay at the helm of the luxuary goods firm when he is in his 80s.

Fortune

LVMH is looking to hike its CEO age limit to 85, paving a path for Bernard Arnault to helm the company for another decade

The legendary 94-year-old investor Warren Buffett wrote to Arnault after LVMH raised its retirement age to 80 in 2022, saying the age limit was much too conservative.

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