Luxury titan Bernard Arnault on Friday confirmed that LVMH is already actively using blockchain for several of its luxury brands, as the French billionaire and high-tech fan presented the latest Innovation Award.
The rumoured launch by LVMH of a global label with pop star Rihanna is now official and imminent. Heralded for this spring, the label is called Fenty, the name of some of Rihanna’s existing product lines.
If any senior LVMH executive is looking very smart these days it surely is Pietro Beccari, the CEO of Christian Dior Couture, who just oversaw his house’s path-breaking cruise 2020 collection runway show in Marrakech.
Carrefour said revenue growth accelerated in the first quarter, driven by robust sales in Brazil and an improving performance in the core French market where hypermarket sales turned slightly positive.
A day after Fendi’s owner Bernard Arnault revealed that the house plans a homage show to its deceased creative director Karl Lagerfeld in Rome, the Roman house announced plans for a second show - in Shanghai.
LVMH is one of France’s most valuable groups, and chairman Bernard Arnault is Europe’s richest man, yet the luxury baron insisted on Thursday at the annual shareholders meeting that it's really just a family affair.