L Capital, LVMH’s private equity arm, is in talks with leading Indian designers to create an Indian luxury house in the mould of French luxury goods company LVMH.

Designers linked to the project include Rohit Bal and Sabyasachi Mukherjee, who are both cited among the country’s biggest creative talents.

LVMH has opened a Louis Vuitton jewelry store on Paris’ Place Vendome, in an effort to expand the brand’s image within in the global luxury jewelry market.

“The store and the workshop are an important step, a foundational decision, indicating that we look ahead with optimism,” said Hamdi Chatti, Director of the group’s jewelry and watches divisions, as quoted by Reuters.

World largest luxury group LVMH inagurated last week its brand new hotel WHITE 1921 in Saint Tropez, which will be operated by LVMH Hotel Management.

Located in the heart of Saint-Tropez, on the well-known Place des Lices, the White 1921 opens its doors in the former Maison Blanche.

Designed by architect Jean-Michel Wilmotte, the bar set in the mansion’s garden invites you to a festive break. The 82-seat bar offers the finest champagnes by the glass, including a rare vintage of Moët & Chandon from 1921.

French luxury giant LVMH – Moet Hennessy Louis Vuitton – Thursday said it bought fashion house Arnys, which makes clothes and accessories for men.

Arnys has been led by the Grimbert family since 1933 and most recently by Jean and Michel Grimbert, the third generation of the family to run and own the business.

Louis Vuitton, the French maker of laminated canvas handbags, was named the world’s most valuable luxury brand for a seventh consecutive year.

The brand, owned by LVMH, is worth $25.9 billion, a 7 percent increase from 2011, according to Millward Brown Optimor’s 2012 BrandZ study.

Hermes, in which LVMH owns a stake, rose to second place with a value of $19.1 billion, up 61 percent on last year. Rolex, the closely-held Swiss watch brand, was ranked third at $7.17 billion, a 36 percent gain.

French fashion powerhouse Dior has named Raf Simons as chief designer to succeed John Galliano who was fired more than a year ago for racist outbursts.

The 44-year-old Belgian, who started out designing furniture, will be responsible for Haute Couture, Ready-to-Wear and Women’s Accessories.

He will premiere his first Christian Dior Haute Couture collection in Paris in July, said Dior, one of the crown jewels in Bernard Arnault’s LVMH luxury empire.