Bernard Arnault Page 1
As we reported last year, the LVHM Moët Hennessy Louis Vuitton CEO Bernard Arnault had filed an application for residency in Belgium to escape his native France’s oppressively high tax rates. Back in December, the rumors were swirling that his controversial bid would be rejected. Now, the richest man in France is turning the tides on his own and has reportedly withdrawn his application entirely. Hmm.
LVHM Moët Hennessy Louis Vuitton CEO Bernard Arnault has run into some problems with his rather controversial Belgian citizenship application, and it is not likely to be approved.
Never a dull day in luxury land!
Finally, some of the mysterious behind-the-scenes dealings surrounding the top spot at Christian Dior are coming out.
Despite the abrupt departure of head designer Nicolas Ghesquière, Balenciaga will not be without a leader for long, according to report yesterday from the AFP.
Antoine Arnault is scion to LVMH, CEO of Berluti, and boyfriend of supermodel Natalia Vodianova. In other words, the consummate fashion insider. Which means we were very much intrigued to hear what he had to say about the final period of John Galliano‘s tenure at the helm of Christian Dior before he was fired for a highly publicized anti-Semitic rant.
Bernard Arnault? That’ll be Sir Bernard Arnault to you pretty soon, as WWD reports that the French tycoon is set to become a Knight Commander of the Most Excellent Order of the British Empire for his “services to business and the wider community in the U.K.”
CEO of LVMH Moët Hennessy Louis Vuitton and France’s richest man Bernard Arnault got a very rude awakening when he opened up the newspaper this morning — a picture of him on the cover of Libération under the headline “Casse-toi riche con!”, which can be (politely) translated to “Get lost, rich idiot!”, was staring back.
Hermès International filed a complaint against LVMH Moët Hennessy Louis Vuitton almost two months ago, reportedly accusing the conglomerate of insider trading and stock price manipulation. Not one to back down from a legal battle, LMVH is now filing a retaliatory complaint.
French billionaires just can’t catch a break these days! First PPR chief François-Henri Pinault gets himself embroiled in an ugly child support suit with Linda Evangelista that threatens to drain his bank account of $46,000 per month, and now LVMH CEO Bernard Arnault is compared to a pig farmer by his star designer Marc Jacobs.
You can hereby consider 27-year-old French designer Maxime Simoens one to watch.
Now that Marc Jacobs is said to be out of the running for the top job at Dior, those in the know say Belgian designer Raf Simons is in talks to take over the creative side at the storied French fashion house.
After months of speculating and hinting heavily that designer Marc Jacobs would be taking the helm at Dior, the rumor mill says his previously inevitable appointment to the head of the French fashion house is looking a lot less likely.
Vogue Italia editor-in-chief Franca Sozzani is certainly no stranger to controversy, which she caused during New York Fashion Week by telling a Newsweek reporter that that Dior should do the unthinkable and “hire Galliano back.” But now that that comment has blown up into a big news story, she says she was misinterpreted.
Marc Jacobs‘ appointment at Dior may seem like a done deal, but apparently negotiations have hit a bit of a rough spot with both Jacobs and his longtime partner Robert Duffy asking for parent company LVMH to pony up what can most easily be described as a gigantic chunk of cash.
We were sad to hear about Natalia Vodianova splitting from her husband Justin Portman earlier this summer. We had read so many articles about them and their three beautiful children! We believed in their love! Alas, it looks like the supermodel has traded in a billionaire for a billionaire’s heir.
Bernard Arnault and the men in the boardroom at LVMH can say goodbye to being members of an executive boy’s club. The company announced today that it has signed a voluntary pledge to promote more women to senior executive positions, and aims to increase the number of women on its corporate boards to 30 percent by 2015.
This week there were more fancy weddings than you can shake a fallopian tube inspired hat at. There were also lawsuits, a couple big September issue reveals, and the revelation that one very bold-faced fashion name is the baby daddy of Linda Evangelista’s four-year-old son.
There are some times — well, a lot of times — that we wished we lived in France. This is one of them! Why? Because the folks over at Louis Vuitton Moët Hennessey are throwing open the doors of their ateliers, workshops, kitchens, and vineyards to the public.