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Search resuls for: "Michael Burke"


8 mentions found


☆ Eat, sleep, live luxury: LVMH is building whole cityscapes centered on their designer stores
  + stars: | 2024-04-28 | by ( Hannah Getahun | ) www.businessinsider.com   time to read: +5 min
Luxury powerhouse LVMH is investing billions in real estate, The Wall Street Journal reported. Michael Burke, head of LVMH Fashion Group, told the Journal, "We're creating a city." According to the Journal, the company spent $2.1 billion last year acquiring properties in Paris ahead of the Olympic games. Related storiesThe luxury brand is among several spending billions on luxury stores and experiences. Chanel and LVMH are also interested in purchasing properties on New York's Fifth Avenue and the Champs-Élysées in Paris, the Journal reported.
Persons: —, Louis Vuitton Moët Hennessy, Louis Vuitton, Frank Gehry, Michael Burke, we're, Burke, Bernard Arnault, Saint Laurent, Chanel, LVMH, Amar Sitayeb, Saint, Alan DeSousa Organizations: Street Journal, Service, Wall Street Journal, Dior, LVMH, Design, Miami Design District, Gucci, Montenapoleone, The New York Times, Times, Canada, Laurent, Global News, Business Locations: Paris, Pont Neuf, Miami, Montreal, Milan's, New, The, Marais
☆ Opinion | The Met Gala, or When Fashion Consumes Art
  + stars: | 2023-05-01 | by ( Natasha Degen | ) www.nytimes.com   time to read: +1 min
The Met Gala began in 1948 as a $50 fund-raising dinner. The fanfare surrounding the event takes center stage: celebrity selfies, red-carpet gossip and attention-seeking fashion stunts. The Met Gala is perhaps the most high-profile example of a much broader phenomenon: the accelerating convergence of art and fashion. It raises millions for the Met ($17.4 million last year) and generates more “media impact value” than the Super Bowl. Michael Burke has called the Met Gala “the pinnacle of our business.”
☆ Bernard Arnault, the French luxury tycoon, gathers his 5 kids monthly for a private work lunch and drills them on company strategy, report says
  + stars: | 2023-04-19 | by ( Mary Hanbury | ) www.businessinsider.com   time to read: +3 min
Bernard Arnault is the billionaire behind LVMH and was recently crowned the world's richest man. Arnault reportedly hosts a monthly private lunch with his five children to discuss strategy, per WSJ. "At no moment did he [Bernard Arnault] tell me, 'I must prepare my children for my succession," Toledano told The Journal. Toledano told The Journal that Arnault taught kids to prize the company over personal disagreements from a young age. Arnault overtook Jeff Bezos and Elon Musk to become the world's richest person this year.
☆ Rosalia performs in Louis Vuitton catwalk show at Paris Fashion Week
  + stars: | 2023-01-19 | by ( ) www.reuters.com   time to read: +1 min
[1/7] Singer Rosalia performs during Louis Vuitton Menswear ready-to-wear Fall/Winter 2023-2024 collection show as part of Men's Fashion Week in Paris, France, January 19, 2023. REUTERS/Sarah MeyssonnierPARIS, Jan 19 (Reuters) - Louis Vuitton switched up the traditional fashion runway format with a performance from Spanish singer Rosalia taking centre stage at the label's menswear show in Paris on Thursday. Rosalia opened the live event for the LVMH-owned (LVMH.PA) fashion house, emerging from a darkened set wrapped in a puffy white jacket and loose jogging pants, sunglasses wrapped around her face. Models filed past, wearing long jackets with crisp lapels, clutching shiny bags, their looks topped off with curved bucket hats and baseball caps. The world's largest fashion label last week named Pietro Beccari CEO, replacing industry veteran Michael Burke.
☆ LVMH names new Louis Vuitton CEO, puts Arnault daughter in charge of Dior
  + stars: | 2023-01-11 | by ( Mimosa Spencer | ) www.reuters.com   time to read: +5 min
Pietro Beccari, who has been the head of Dior since 2018, is moving to replace long-time Louis Vuitton CEO Michael Burke, 65. Delphine Arnault, 47, has worked at Louis Vuitton for the past decade alongside Burke and previously spent a dozen years at Dior. [1/2] Bernard Arnault, CEO of LVMH Moet Hennessy Louis Vuitton SE, and Delphine Arnault, Executive Vice President of Louis Vuitton, leave after the Spring/Summer 2020 collection show for fashion house Louis Vuitton during Men's Fashion Week in Paris, France, June 20, 2019. Alexandre Arnault, 30, is in charge of products and communication at Tiffany, while Frederic Arnault, 28, is CEO of another group brand, TAG Heuer. The youngest child, Jean Arnault, 24, heads marketing and product development for Louis Vuitton's watches division.
☆ LVMH's Arnault tightens family grip as daughter becomes Dior CEO
  + stars: | 2023-01-11 | by ( Mimosa Spencer | ) www.reuters.com   time to read: +2 min
The world's largest luxury group also replaced long-time Louis Vuitton CEO Michael Burke with Pietro Beccari, head of Dior since 2018. Delphine Arnault, 47, has worked at Louis Vuitton for the past decade alongside Burke and previously spent a dozen years at Dior. Burke will continue to work with Bernard Arnault, the company said in a statement. The move follows the recent appointment of Antoine Arnault, Bernard Arnault's eldest son, to head the family holding company, replacing veteran executive Sidney Toledano. Alexandre Arnault, 30, is an executive at Tiffany & Co. while Frederic Arnault, 28, is CEO of TAG Heuer - both LVMH brands.
☆ LVMH could pick Pietro Beccari as new Louis Vuitton CEO - paper
  + stars: | 2023-01-11 | by ( ) www.reuters.com   time to read: 1 min
ROME/PARIS, Jan 11 (Reuters) - The world's largest luxury group LVMH (LVMH.PA) could pick Pietro Beccari as new CEO of Louis Vuitton, the flagship brand of the French group, according to a media report on Wednesday. Italian Repubblica daily reported that Beccari, who took over as chairman and CEO of Dior Couture in 2018, could replace Michael Burke after LVMH will release its 2022 results. Officials at LVMH could not be immediately reached for comment. Reporting by Francesca Piscioneri in Rome and Geert de Clercq in Paris, editing Federico MaccioniOur Standards: The Thomson Reuters Trust Principles.
☆ 3 ways entrepreneurs are using QR codes to connect with customers
  + stars: | 2022-12-22 | by ( Alexandra York | ) www.businessinsider.com   time to read: +4 min
Kim Kardashian released an ad in December for her brand, Skkn by Kim, that included a QR code. Kardashian is one of many entrepreneurs using QR technology in their marketing strategies. Additionally, QR codes saw a resurgence in the pandemic, as businesses used them for contactless payment or instead of physical menus. Three small-business owners share how entrepreneurs can use QR codes to grow their brands. The pop-up included a collection of fashion, wellness, and home-goods items, each with a QR code that directed shoppers to the brand's Instagram account.
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