French prosecutors are looking at a 2018 real estate deal between the head of the LVMH luxury empire and Nikolai Sarkisov, a Russian insurance magnate.
Tag: LVMH Moet Hennessy Louis Vuitton SA
LVMH’s Bernard Arnault Is the King of Luxury, but Who Is Next to the Throne?
With brands like Tiffany, Dom Pérignon and Louis Vuitton, LVMH turned him into one of the world’s richest men. But with five children, he has a hard decision to make.
How Billionaires Are Shaping France’s Presidential Campaign
In a nation with strict political finance laws, control over the news media has provided an avenue for the very rich to influence elections, this one more than ever.
No Ikea Shelves, No Levis: The Western Retail Exodus From Russia Is On
Since the invasion of Ukraine began, the increasing financial and reputational risks of doing business in Russia are leading Western brands to halt operations.
Workers in Europe Are Demanding Higher Pay as Inflation Soars
Prices are rising at the fastest rate on record, and unions want to keep up. Policymakers worry that might make inflation worse.
Rihanna and LVMH Hit Pause on Fenty, Their Fashion Line
With Fenty, Rihanna was the first woman to create an original brand at LVMH, among the likes of Dior, Givenchy, Celine and Fendi.
Luxury’s Hidden Indian Supply Chain
For many years Dior, Saint Laurent and other fashion brands have been quietly using Indian embroiderers for their goods, depending on their expertise while offering little in the way of employment protection.
India’s Wine Country: A Charming Work in Progress
No one would mistake the Nashik region for California’s Napa Valley, but visitors are rewarded with winemaker-led tastings, 2,000-year-old cave carvings and a few bottles of delicious wine.
The Week in Business: Stocks Hit a Record High, and Facebook Wants to Replace Your Bank
Plus, tensions with Iran reach a boiling point and Trump’s meeting with China’s president.
As Rich Lavish Cash on Notre-Dame, Many Ask: What About the Needy?
The spectacle of billionaires trying to one-up each other quickly intensified resentments over inequality that have animated the Yellow Vest movement.