Jean Arnault, director of Louis Vuitton’s watch division, has to contend with a tough luxury market and stubborn young consumers.

The Arnault family commanded a prime position at the inauguration of Donald Trump this week, standing just feet from the new President and rubbing shoulders with three former Presidents: George W Bush,

LVMH chief Bernard Arnault and Reliance Industries chairman Mukesh Ambani—the world’s fifth- and eighteenth-wealthiest people—attended President Donald Trump’s inauguration events Monday, marking a pair of surprise billionaire appearances at the event attended by a cadre of moguls worth well over $1 trillion.

Bernard Arnault is outpacing Elon Musk and Mark Zuckerberg in wealth gain this year after signs of a rebound in luxury demand boosted LVMH stock.

LVMH, which is controlled by the family of multibillionaire Bernard Arnault, was a major sponsor of the Summer Games in Paris.

LVMH has reclaimed its spot as the biggest company in Europe, overtaking Novo Nordisk after a significant drop in the drugmaker's shares. The cause? Concerns that the US governmen

Mr Trump is more transactional than presidents before him, which increases the risk of cronyism and self-dealing. But America’s economy, including its technology industry, is too unwieldy and dynamic to petrify into an actual oligarchy, whatever diplomats and departing presidents say. ■

The LVMH Moët Hennessy Louis Vuitton titan had prime seating near former Presidents Bill Clinton, George Bush and Barack Obama.

Bernard Arnault is once again in charge of Europe's most valuable company. © 2024 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes ...

LVMH has acquired a 10% stake in Double R, the investment vehicle through which the Ruffini family holds its interest in Moncler. Double R owns a 15.8% stake in Moncler, implying an indirect 1.58% for LVMH. Shares in Moncler rose as much as 15%.

Let’s take a closer look at what all that champagne and all those handbags can buy you… Bernard Arnault is a French billionaire whose business empire spans iconic brands like Louis Vuitton, Christian Dior,

Some athletes who took podium spots at last summer's Paris Games say their medals, designed by an LVMH-owned jewelry brand, are visibly deteriorating.