LVMH is one of France’s most valuable groups, and chairman Bernard Arnault is Europe’s richest man, yet the luxury baron insisted on Thursday at the annual shareholders meeting that it's really just a family affair.
Pledges to donate millions of euros, including from LVMH's Bernard Arnault, Kering's François-Henri Pinault and L'Oréal's founding Bettencourt family, poured in Tuesday in the aftermath of a fire at Paris' Notre-Dame.
The world’s luxury number one is proposing to appoint the president of Warner Bros. France to its board in place of Bernadette Chirac, and to appoint photographer Yann Arthus-Bertrand as board observer.
So, can we finally knock on the head this dim-witted opinion, found frequently among our Anglo-Saxon cousins, that Hedi Simane is a designer with narrow range, a man limited to rock and roll tailoring?
Luxury giant LVMH will build a second eyewear factory in Italy with its partner Marcolin. Once fully operational, the factory will enable the group to produce over 4.5 million pairs of glasses per year.