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- As chair and CEO of LVMH (Moët Hennessy Louis Vuitton SA), a luxury goods holding company, Bernard Arnault (born 1949) controls approximately 50% of a massive conglomerate that owns more than 70 of the top luxury brands in the world, including Christian Dior, Louis Vuitton, Moët et Chandon, Hennessy, Sephora, TAG Heuer, and Tiffany.
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Sep 22, 2024 · As chair and CEO of LVMH (Moët Hennessy Louis Vuitton SA), a luxury goods holding company, Bernard Arnault (born 1949) controls approximately 50% of a massive conglomerate that owns more than...
1987–1989: Co-founding and acquisition of LVMH. He worked with Alain Chevalier, CEO of Moët Hennessy, and Henry Racamier, president of Louis Vuitton, to form LVMH in 1987. [14] In July 1988, Arnault provided $1.6 billion to form a holding company with Guinness that held 24% of LVMH's shares.
Jun 25, 2024 · Bernard Arnault, the world's third-richest person and the wealthiest outside the US, heads the world's largest luxury goods conglomerate. LVMH owns iconic brands such as Louis Vuitton,...
- Henry Blodget
Bernard Arnault is Chairman and CEO of LVMH and Chairman of Christian Dior SE. In 2017, Arnault purchased all the remaining Christian Dior shares in a reported $13.1 billion buyout. [61] At the end of 2017, the only declared major shareholder in LVMH was the Arnault Family Group, the holding company of Bernard Arnault.
Oct 19, 2024 · Three years later Recamier was ousted from the company in a hostile takeover by Bernard Arnault, who became chairman and CEO of LVMH. Arnault focused on increasing LVMH’s growth by acquiring existing companies and brands in various luxury sectors, including the French fashion houses Christian Lacroix, Givenchy, and Kenzo; the leather goods ...
Nov 1, 2019 · A symbolic one franc. That is all that Bernard Arnault paid for Boussac, a near-bankrupt textile company, back in 1984. From this tiny acquisition, Mr Arnault built LVMH over the past four...
Oct 9, 2024 · Louis Vuitton has been led by chair and CEO Bernard Arnault since 1989. Arnault took a majority stake in the company and has since guided LVMH in a fast-paced acquisition spree, picking up...
