LVMH owns the Louis Vuitton fashion house, and Bernard Arnault serves as its chief executive.
1 report, 1 independent
Updated Wed 00:00
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What happened
LVMH owns the Louis Vuitton fashion house, and Bernard Arnault serves as its chief executive.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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LVMH
French multinational luxury goods conglomerate
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Bernard Arnault
French entrepreneur
Related events
- LVMH owns Louis Vuitton, which has partnered with Pat McGrath for cosmetics. The two brands are now competing in the luxury cosmetics market against rivals like Hermès.
- Bernard Arnault leads the parent company while Delphine Arnault serves as the chairperson and CEO of the entities they are involved with.
- Economic unease shown by the Conference Board and downturn commentary from Morgan Stanley impacts US luxury spending.
- Climate change and falling sales are impacting European fashion needs, specifically for Louis Vuitton.
- Louis Vuitton held a fashion show at the Louvre Museum.