A customer’s cash purchases of luxury goods totaling millions of euros in value caught the attention of prosecutors, who say the company should have noticed.
Tag: LVMH Moet Hennessy Louis Vuitton SA
The Strange Case of an Hermès Heir, an Emir and a Deal Gone Wrong
Nicolas Puech agreed to sell his multibillion-dollar stake in his family’s luxury goods empire to the royal family of Qatar, but then said he couldn’t gain access to his shares.
France’s Ex-Intelligence Chief Convicted in Influence Peddling Trial Involving LVMH
Bernard Squarcini was found guilty of organizing a bizarre illegal surveillance operation on a gadfly journalist at the request of the luxury company, among other offenses.
When Olympic Sponsors Go Rogue
LVMH and Samsung intruded on previously sacrosanct spaces at the Paris Games, angering fellow sponsors and raising concerns about a repeat at the closing ceremony.
Olympic Torch Reaches Paris in Elegant Style
The flame has been on a long journey since its arrival in May, but hopes that it would bring the country together have foundered on political division.
Transactions Between Bernard Arnault and Russian Businessman Face Scrutiny
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.
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.