Hermes rejected on Wednesday "an attack" on its capital by luxury goods giant LVMH, sounding the start of what could become a bitter battle for control of one of France's most iconic brands.
The head...
Luxury conglomerate LVMH said Saturday it had taken a 14.2 percent stake in Hermes but denied it wanted to take over the French luxury goods firm.
The company controlled by French businessman Bernard Arnault said...
LVMH CEO Bernard Arnault, the man behind some of the world's top luxury labels, has been officially named France's richest man.
Arnault's fortune is estimated at 22.7 billion euros, ($28.6 billion) following a 55% increase...
Ultra-luxury hoteliers can expect new competition from French luxury goods company LVMH Moet Hennessy Louis Vuitton, the Wall Street Journal reports.
LVMH also said it created LVMH Hotel Management to "oversee the group's activities in...
The world's new richest man, Mexican Carlos Slim, and a fresh crop of billionaires in Asia helped lead a comeback for the wealthiest few on the planet in 2010, Forbes magazine said Wednesday.
The publication's...
Despite the economic crisis, 2009 ended better than it began for the French luxury goods sector, thanks largely to China's growing taste for high-end products, encouraging thoughts of a better 2010.
Following the trend set...
Former U.K. prime minister Tony Blair is set to take on a highly-paid advisory role at at luxury goods group LVMH.
Blair is understood to be in the final stages of negotiating a six-figure pay...
France's LVMH, the world's biggest luxury group, on Monday reported a 23% profit drop for the first six months of 2009 to €687 million ($977 million).
But the company's turnover edged up 0.2% from the...
