The Power and Relevance of Luxury Fashion Conglomerates
From Prada Group’s success to Arnault family successions — luxury conglomerates leverage on the expertise and strategies to bring in profits.
Top 10 Richest People in the World 2024
The top 1 per cent of the wealthiest people in the world is worth US$42 trillion or twice as much as the bottom 99 per cent of the world.
Asia Set to Take a Greater Role in LVMH’s Growth Moving Forward
The luxury conglomerate’s revenue for the year 2022 grew by 23 per cent to €79.2 billion.
Bernard Arnault Now Owns Leonardo Da Vinci’s Residence and Vineyard
The owner of LVMH bought Casa degli Atellani, a 15th-century country home in the heart of buzzing Milan.
Bernard Arnault Was Briefly the World’s Richest Person
The French fashion tycoon’s net worth exceeded Amazon’s Jeff Bezos for a short period of time on Monday morning before Bezos eventually reclaimed the top spot later in the day.
Louis Vuitton Denies Nicolas Ghesquiere Departure
This just in: Louis Vuitton steps forward to quell rumors of Creative Direction Ghesquiere’s potential exit from the French label.
