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Topic: Bernard Arnault


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In the News (Wed 23 Dec 09)

  
  Delphine Arnault - Wikipedia, the free encyclopedia
The daughter of Bernard Arnault, she is one of the richest women in the world; on September 24, 2005, she married Alessandro Vallarino Gancia, heir to an Italian wine fortune.
Arnault was in 2004 one of the world's richest women with a wealth exceeding 14.4 billion Euro.
Arnault is a graduate of the EDHEC school of commerce in Lille and the London School of Economics.
en.wikipedia.org /wiki/Delphine_Arnault   (449 words)

  
 Bernard Arnault - Wikipedia, the free encyclopedia
Bernard Arnault (born 5 March 1949) is a French businessman.
Arnault is the Chairman and CEO of both companies.
Bernard Arnault graduated with engineering degree from the École Polytechnique in 1971 (X1969).
en.wikipedia.org /wiki/Bernard_Arnault   (218 words)

  
 Guardian Unlimited | Netnews | Bernard Arnault's escape from the net
Besuited executives at haute couture house LVMH, where Arnault is chief executive and largest shareholder, watched bright young things bowl into their offices attired in jeans and worn sweatshirts.
Arnault was not just interested in moving his brands to the net.
As becomes one of Europe's most remarkable dealmakers, Arnault appears to be escaping from the web as quickly as he became entwined by it.
www.guardian.co.uk /internetnews/story/0,7369,477517,00.html   (1371 words)

  
 Bernard Arnault Biography   (Site not responding. Last check: 2007-10-23)
Bernard Arnault made it his business to own the most attractive names across the spectrum of luxury goods, cosmetics, and beverages.
Arnault quickly expanded Dior to include new brands: the fashion house of Christian Lacroix and Celine, a leather-goods house known for its loafers.
Nonetheless, Arnault was optimistic that he could continue to generate a steady flow of profit from his brands while ensuring the highest level of quality and creativity.
www.primebiography.com /content.asp?contentid=580   (1862 words)

  
 Business Casual
In her presentation, Kerry Morris explained the history of the French luxury goods conglomerate LVMH and the quest for control by its leader Bernard Arnault.
Arnault, whose estimated worth is $12.6 billion, began building up the company less than twenty years ago with the takeover of Christian Dior and Givenchy.
Arnault established factories in Italy for Donna Karan, and Karan accepted Arnault’s $243 million cash bid for her company, thus making DKNY a worldwide luxury line.
www.uri.edu /hss/tmd/tmd402G/sem.sum/lvhy.htm   (430 words)

  
 TIME Europe | Books: The Upmarketeer's Tale | 1/15/2001
An amateur pianist and patron of the arts, Arnault was drawn to the luxury-goods business by a desire "to create an economic reality out of the ideas of our group's creators." But creativity, he soon learned, is only part of the fashion equation.
Arnault understands that image is — almost — everything and devotes his energies to nurturing the way the world sees his stable of brands.
Arnault's image consciousness drove his controversial decisions to install outsiders as designers at France's most venerable fashion houses — Alexander McQueen at Givenchy, Marc Jacobs at Louis Vuitton and John Galliano at Dior.
www.time.com /time/europe/magazine/2001/0115/arnault_book.html   (975 words)

  
 LVMH clear to sell stake as Arnault quits Diageo
BERNARD ARNAULT, the French businessman, has cleared the way for a £2.7 billion sale of his LVMH luxury goods company's 11pc stake in Diageo, by quitting the Johnnie Walker-to-Burger King group's board.
Mr Arnault, a non-executive who held out against the merger of Diageo partners Grand Metropolitan and Guinness until they agreed to pay LVMH £250m, said yesterday he wants to devote more time to LVMH, which owns Louis Vuitton and Moët Hennessy and has been hit hard by the Asian crisis.
Mr Arnault and Diageo's chief executive John McGrath enjoy cordial relations, but the Frenchman remains convinced that creating a conglomerate embracing fast food, spirits and brewing was not the best way to deliver value.
www.telegraph.co.uk /htmlContent.jhtml?html=/archive/1998/12/31/cndia31.html   (399 words)

  
 Bernard Arnault
When the French corporate raider Bernard Arnault lost a bitter fight to acquire Gucci early this year, some people wondered whether he had any more tricks up his impeccably tailored sleeve.
Arnault, the chairman of LVMH Moet Hennessy Louis Vuitton (
Arnault, 50, says the Web will never replace the sensory pleasure of shopping in one of his luxury boutiques.
www.businessweek.com /@@PPYHiYQALaiANwAA/1999/99_39/b3648030.htm   (301 words)

  
 CNN.com - LVMH's Arnault quits Vivendi - June 25, 2002
Arnault, the chief executive of the world's biggest luxury goods group Louis Vuitton Moet Hennessy, has been credited with enabling Messier to fend off criticism over his running of the world's second-largest media company.
Arnault's decision to resign, the fifth board member to do so this year, further undermines Messier's ability to rely on the French contingent on the board to protect him from his American detractors.
Analysts suspected that Arnault had been unhappy about not being involved in a number of Messier's recent decisions.
archives.cnn.com /2002/BUSINESS/06/25/vivendi/index.html   (368 words)

  
 Ghost Sites: On Top of The World [May 8, 2003]
Bernard Arnault was there too - the urbane French billionaire whose $500 million investment fund had recently placed tremendous bets on hot Net startups such as MP3.com, Datek, eBay, and @Home.
Arnault - who surfed the Web recreationally, had become convinced that e-tailing was the wave of the future, and had put together a $500 million venture fund called Europe@Web.
Arnault had plainly had enough - the recent NASDAQ meltdown had reduced the value of high-tech holdings by more than 30%, and he was plainly not in much of a mood to spend another $30 million on a venture whose only talent seemed to be burning cash.
www.disobey.com /ghostsites/on_top_of_the_world.shtml   (4422 words)

  
 Amazon.fr : A Passion for Luxury: Livres: Yves Messarovitch,Bernard Arnault   (Site not responding. Last check: 2007-10-23)
This is a biographical account of M Bernard Arnault, based on his answers to a series of questions about business, management, the economy, prestige brands - and life.
Arnault leaves no question unanswered -- and reveals himself as a fascinating, complex person: a pianist, a supporter of humanitarian causes, and art lover, as well as a businessman with a passion for production.
Yves Messarovitch is a French journalist.Bernard Arnault is Chairman of LVMH Moët Hennessy Louis Vuitton.
www.amazon.fr /exec/obidos/ASIN/0273656163   (559 words)

  
 ARTNEWS/MAGNUM/PHOTOGRAPHY   (Site not responding. Last check: 2007-10-23)
When Bernard Arnault acquired Phillips in November 1999 most of these observers thought that he only was envisaging to strengthen his Internet empire.
This time Bernard Arnault seems determined to push ahead for an active partnership, either with Tajan or PIASA, and Marie-Laure de Cazotte, the new head of Phillips in Paris, is presently trying to find headquarters near those of Christie’s and Sotheby’s in Paris.
Bernard Arnault created europ@web at the end of 1999 with the aim of investing $ 500 millions on the Internet.
www.artcult.com /na14.html   (797 words)

  
 Arnault faces stiff challenge in battle for Gucci   (Site not responding. Last check: 2007-10-23)
PARIS — Bernard Arnault has spent the last 15 years building LVMH Moet Hennessy Louis Vuitton into the largest luxury goods conglomerate in the world.
Next to join him in the ring: Italian fashion empire Gucci, and Arnault has dusted off his diamond-studded boxing gloves for what may be his toughest takeover battle yet.
Arnault, whose family own 47 percent of LVMH, declined repeated requests by The Associated Press for an interview.
www.bouldernews.com /business/bp22arn.html   (595 words)

  
 Wired News: Internet Fever, French Style
To each of these investments and others to follow, Arnault said he hopes to bring expertise in Europe and in building brands -- both of which will be important to the future of the so far largely American and under-branded e-commerce industry.
Arnault is chairman of LVMH, the world's largest luxury goods company with brands like Louis Vuitton, Givenchy, Christian Lacroix, Dom Perignon, Moet and Chandon, and Veuve Clicquot.
Group Arnault, vehicle for many of Arnault's activities, said in April it had allied with British retailer Kingfisher to launch libertysurf.com, a free Internet access service in France.
www.wired.com /news/business/1,20501-0.html   (653 words)

  
 Bloomberg.com: Culture
Arnault sold what is now Phillips, de Pury and Co. after it failed in an attempt to become the world's third-largest auctioneer.
Arnault is chairman of LVMH Moet Hennessy Louis Vuitton SA, the world's largest luxury-goods maker.
Arnault retains 4 percent of the auction house and sits on its board, along with Nicolas Bazire, an LVMH director, Seward said.
www.bloomberg.com /apps/news?pid=10000088&sid=aKYEjTS8dlEw&refer=culture   (823 words)

  
 Bernard Arnault, The World's Richest People - Forbes.com   (Site not responding. Last check: 2007-10-23)
Stock is up 35% in the past 12 months, also boosting Arnault's fortune, which is almost entirely made up of his LVMH stake.
Arnault oversaw all the details of the weekend-long festivities and supposedly captured a lot of the events himself with his digital and video cameras.
For billionaires with publicly traded fortunes, net worths were calculated using share prices and exchange rates from February 13, 2006.
www.forbes.com /lists/2006/10/QD7M.html   (156 words)

  
 Bernard Arnault 1949— - LEARNING THE FAMILY BUSINESS
However, when the French Socialists rose to power in 1981, Arnault immigrated to the United States with his wife and two young children.
Arnault's shopping sprees appeared to have decreased operating margins to about 17 percent in 2000, down from 25 percent in 1995.
In January 2001 several analysts cut their recommendation for LVMH from "buy" to "neutral." Andrew Gowen, a securities analyst who followed LVMH at Lehman Brothers in London, said in the New York Times (March 25, 2001), "What started to bug me was a misallocation of capital.
www.referenceforbusiness.com /biography/A-E/Arnault-Bernard-1949.html   (1863 words)

  
 Bernard Arnault has elected his son and daughter onto the board of LVMH | Vogue
Bernard Arnault has elected his son and daughter onto the board of LVMH
An LVMH spokesman confirmed yesterday that company boss Bernard Arnault had asked his son Antoine to join the board.
Arnault's daughter Delphine joined the LVMH board two years ago and also sits on the board of Loewe as well as being in charge of leather goods at Christian Dior - both of which are owned by LVMH.
www.vogue.co.uk /vogue_daily/story/story.asp?stid=34280   (188 words)

  
 The Magic Touch LVMH chief Bernard Arnault runs dozens of luxury brands, from Moet & Chandon to Thomas Pink. But ...
It has languished since chairman and CEO Bernard Arnault acquired it in 1988 as part of his 20-year drive to become the king of luxury.
Arnault stripped Boussac down to Dior and used it as a vehicle to create LVMH, which was born out of the 1987 merger between Louis Vuitton and Moet Hennessy.
Once in control, Arnault fired executives of both companies, put in his own team, then spent the '90s snatching up still more luxury brands, including shirtmaker Thomas Pink, Chaumet jewelry, Fendi leather goods, the Pucci and Donna Karan fashion lines, Krug champagne, and TAG Heuer watches.
money.cnn.com /magazines/fortune/fortune_archive/2004/09/06/380345/index.htm   (2080 words)

  
 Indiantelevision.com > Tube Talk > CNN's 'Talk Asia' to feature LVMH CEO Bernard Arnault   (Site not responding. Last check: 2007-10-23)
Arnault is the chairman and CEO of LVMH, which is one of the world's biggest luxury products groups.
Arnault talks about the challenges he faced while trying to turn LVMH into a luxury empire, an empire which consists of numerous high-end retail brands such as Louis Vuitton, Fendi, and Dom Perignon.
Additionally, Arnault talks about LVMH's presence in China, and how the group continues to stay competitive in the marketplace.
www.indiantelevision.com /tube/y2k5/feb/febtube5.htm   (365 words)

  
 Arnault Says Adieu To Auction Business - Forbes.com
French billionaire Bernard Arnault, chairman of luxury conglomerate LVMH Moët Hennessy Louis Vuitton, after losing millions of dollars in a high-octane, high-risk strategy to challenge Sotheby's and Christie's dominance of the auction business, has thrown in the towel.
Arnault's retreat is nevertheless a tremendous loss of face for the chairman of LVMH, who was once thinking of buying Sotheby's.
Along with his withdrawal from fine art sales, Arnault has also given up on his struggling Internet investment company, Europ@net, and is seeking to sell the cosmetics chain Sephora and duty-free shopping chain DFS Group.
www.forbesimg.com /2002/02/27/0227hot.html   (721 words)

  
 Is French group becoming the next CMGI? | CNET News.com
Bernard Arnault is the chairman of LVMH, whose latest venture is Sephora.com, a beauty products site scheduled to be launched in September.
He noted that, in spite of the company's focus on that area so far, future investments are likely to include other types of interests such as community and content sites, as long as they are "portable to Europe." He declined to name the firms that are being considered.
For the moment, Dodd stressed that the funds for the investments are coming from privately held Group Arnault and not the public LVMH--though he added that an initial public offering of shares in Europ@web is likely at some point.
news.com.com /2100-1023-228527.html   (814 words)

  
 French Tycoon Forms Net Incubator
Headquartered in Arnault's home country, EuropAtWeb will consist of the existing investments made by Group Arnault, the financier's private holding company, which also has a controlling stake in luxury-goods holding company LVMH Group.
Arnault has come up to speed rather quickly with regard to the Internet.
But within a matter of months, Arnault's money had been poured into startups also backed by notable VC firms such as Benchmark Capital (in the case of PlanetRx) and Paul Allen's Vulcan Ventures (Datek).
www.thestandard.com /article/0,1902,5372,00.html   (504 words)

  
 The Luxury Wars
Immediately, Arnault reversed himself and made a bid for all of Gucci's outstanding shares, eventually offering as much as $91 a share, under certain conditions.
On Thursday, April 22, Arnault faces what may be his last chance to buy Gucci: a ruling by the Dutch court on his charges against De Sole.
Arnault still has a substantial minority stake, and people who know him say he is unlikely to walk away empty-handed.
www.newyorkmetro.com /nymetro/shopping/fashion/features/865/index7.html   (835 words)

  
 TIME.com: Bernard Arnault -- Apr. 26, 2004 -- Page 1
Bernard Arnault, 54, controls Christian Dior and LVMH, which markets some 50 well-known brands, including Marc Jacobs fashions, Louis Vuitton bags and a cluster of famous champagnes.
Born into a family of entrepreneurs, Arnault got his big break in 1984, when he took over a textile conglomerate that included Dior.
In the economic downturn, Arnault reined in his acquisitive urges.
www.time.com /time/archive/preview/0,10987,993989,00.html   (377 words)

  
 ITPBusiness.net {Features: Marc two}   (Site not responding. Last check: 2007-10-23)
Arnault was eventually persuaded to send Jacobs into rehab in 1999, and following a new 10-year contract, which was signed in 2004, relations finally seem to be on an even keel.
Arnault has a reputation for being very, very difficult,” says Duffy, “but he’s not difficult if he thinks you can do the job.
Duffy is currently in negotiations with Arnault over the possibility of Marc Jacobs producing a high street line for the mass market.
www.itp.net /business/features/details.php?id=3500&category=arabianbusiness   (1404 words)

  
 Little Saint Bernard - HighBeam Encyclopedia   (Site not responding. Last check: 2007-10-23)
LITTLE SAINT BERNARD [Little Saint Bernard] pass: see Saint Bernard.
Crossroads of the Alps - An archaeological expedition to saint bernard pass, famous for its dogs and isolated much of the year by snow, reveals its stark beauty and rich history.
Joan of Arc's quest for identity in Bernard Shaw's Saint Joan.
www.encyclopedia.com /html/X/X-LittleSt.asp   (233 words)

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