The New York Post: CEO of French luxury-goods group pledges $110 million to help rebuild Notre Dame
François-Henri Pinault, who is married to actress Salma Hayek, said in a statement that he plans to pay through his family’s investment firm, Artemis, for any work that needs to be done following Monday’s catastrophic fire, according to AFP......»»
Luxury group Kering launches bonds that can be changed for Puma shares
French luxury goods group Kering said it was launching an offer of bonds that could be exchanged for shares in Puma , in which Kering already holds a 15.7% equity stake, to the tune of 500 million euros ($549.8 million)......»»
France to rebuild the Notre Dame Cathedral
French president Emmanual Macron has said he wants the Notre Dame Cathedral to be rebuilt within five years, according to the Washington Post......»»
Two French billionaires donate $339 million to Notre Dame restoration
The billionaires behind many of France's top luxury brands have pledged €300 million ($339 million) to help reconstruct Paris' Notre Dame cathedral following a devastating fire......»»
French Billionaires Pledge Nearly $350 Million To Rebuild Notre Dame
In what some might ascribe to a holy week miracle, the interior of Not.....»»
Rival French Billionaires Pledge Nearly $600 Million to Rebuild Notre Dame Cathedral
The famil.....»»
French billionaire Bernard Arnault and his group LVMH pledge 200 million euros for Notre Dame"s reconstruction
French billionaire Bernard Arnault and his group LVMH pledge 200 million euros for Notre Dame's reconstruction......»»
The New York Post: French populace encouraged to eat more cheese to help industry survive coronavirus pandemic
Sales of certain cheeses have dropped as much as 60% since cheese makers can no longer sell to restaurants and open-air markets were forced to close, according to a French dairy industry trade group......»»
Kering luxury goods billionaire Pinault agrees to pay cut
François-Henri Pinault, the French billionaire chairman and CEO of luxury goods group Kering , has agreed to a pay cut in the latest example of top executives accepting lower salaries as a gesture of solidarity during the coronavirus crisis......»»
LVMH orders 40 million masks from China for France
LVMH , the world's biggest luxury goods group, is ordering 40 million health masks from a Chinese supplier to help France cope with the coronavirus outbreak......»»
The New York Post: Meghan Markle is hunting for luxury real estate in Canada’s billionaire’s row
Meghan Markle is house-hunting in one of Canada’s most exclusive enclaves, eyeing a $27 million waterfront property in Vancouver, in yet another sign that she and Prince Harry are planning a permanent move away from Britain’s royals......»»
Breakfast with Tiffany’s: LVMH Makes Deal for $16.2 Billion
Paris-based luxury goods giant LVMH and Tiffany have agreed to the French company's acquisition of the New York-based jewelry icon for $135 a share......»»
LVMH swoop on Tiffany will boost operating profits: Chairman
Acquiring Tiffany will lift LVMH's operating profits by 500 million to 600 million euros ($661.32 million) in the first 12 months, the luxury goods group's Chairman and Chief Executive Bernard Arnault said on Monday......»»
LVMH agrees $16.2 billion deal for jeweler Tiffany
French luxury goods group LVMH said on Monday it has reached a definitive agreement to buy U.S. jewellery chain Tiffany & Co for $135 per share in an all-cash offer, in a $16.2 billion deal......»»
LVMH agrees $16.2 billion deal for jeweler Tiffany
French luxury goods group LVMH said on Monday it has reached a definitive agreement to buy U.S. jewellery chain Tiffany & Co for $135 per share in an all-cash offer, in a $16.2 billion deal......»»
Kering shares surge on double-digit sales growth at Gucci
Shares of Kering surged over 8% on Friday, on track for the strongest one-day percentage gain for the company in two years, as the French luxury goods group reported 11.6% comparable-sales growth in the third quarter. The company said the.....»»
Israeli fashion mogul submits bid for Barneys, challenging Authentic Brands
Israeli businessman Samuel Ben-Avraham said on Wednesday he has submitted an offer for Barneys New York Inc, challenging a $271 million bid for the bankrupt luxury department store from brand developer Authentic Brands Group LLC......»»
Christian Dior becomes latest western company to apologize to China
French luxury goods group Christan Dior became the latest western company to apologize to China, over using a map that didn’t include Taiwan as part of the second-largest economy......»»
Barneys enters deal to sell assets to Authentic Brands, B. Riley for $271 million cash
U.S. luxury department-store chain Barneys New York Inc has reached an agreement to sell its assets to brand developer Authentic Brands Group and investment bank B. Riley Financial Inc , according to a filing on Wednesday......»»
Luxury group Kering trims Puma stake with 500 million euro bond
French luxury group Kering moved to reduce its remaining stake in Puma on Wednesday by issuing bonds that can be exchanged for shares in the German sportswear brand......»»
LVMH pairs with Stella McCartney, igniting fashion rivalries
French luxury goods group LVMH on Monday announced a tie-up with Stella McCartney, just months after the British designer known for her animal-friendly ethics ended a long-term partnership the conglomerate's arch-rival Kering ......»»