Bernard Arnault used to be known for buying luxury brands. Now, his favorite pastime is snapping up buildings – the latest of which is a historic Paris mansion near the Opera Garnier. Hotel Soltykoff, Paris Luxury behemoth LVMH, where Arnault is chairman, CEO and controlling shareholder, acquired the Hotel Soltykoff at 10 rue Volney, located … Read more
Translated by Nicola Mira Published Jan 29, 2024 Last Thursday, a few seconds after 6 pm CET, as soon as trading at the Paris Stock Exchange closed for the day, luxury tycoon Bernard Arnault took to the conference room stage at the LVMH group’s headquarters in Paris, at 50 Avenue Montaigne. FNW/DM Arnault, who took … Read more
Translated by Roberta HERRERA Published Jan 27, 2024 During the announcement of LVMH’s annual results on Thursday, January 25, the French conglomerate’s chairman, Bernard Arnault, once again highlighted “the outstanding performance of the ‘Fashion & Leather Goods’ division,” which achieved a total revenue of €42.16 billion in 2023, marking a 9% increase compared to the … Read more
When Van Cleef & Arpels established L’École, School of Jewelry Arts, in Paris, in 2012, the French jeweller wanted to create a space that both the public and connoisseurs could visit to learn more about jewellery. While other decorative arts are quite accessible, jewellery has always felt a bit intimidating to those outside the field, … Read more
Translated by Nicola Mira Published Dec 15, 2023 French department store group Galeries Lafayette has placed Nicolas Morineaux, a luxury and finance expert with a strong track record in Asia, at the helm of its China business. Morineaux was hired in December 2023 as managing director of the group’s Chinese operations, comprising four branches, two … Read more
