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Luxury-goods mogul Bernard Arnault is the world's richest personEric Piermont/Getty ImagesBernard Arnault is the world's richest person with a net worth of about $182 billion, putting him $50 billion ahead of Elon Musk. Arnault cofounded LVMH in the 1980s, and is its CEO and chair. All four of Bernard's sons work at LVMH and its brands, too. "Succession planning in strategic roles has been instrumental to the success of LVMH's key brands over the past 20 years," Citi analyst Thomas Chauvet said, per Reuters. Last year LVMH raised the age limit of its CEO from 75 to 80, extending Arnault's possible tenure.
LVMH Shuffles Leadership at Louis Vuitton, Dior
  + stars: | 2023-01-11 | by ( Nick Kostov | ) www.wsj.com   time to read: 1 min
LVMH said Pietro Beccari, who currently head’s Christian Dior, will lead Louis Vuitton from next month. PARIS— LVMH Moët Hennessy Louis Vuitton SE Wednesday announced a major reshuffle of its top executives, elevating Pietro Beccari to lead Louis Vuitton and tapping Delphine Arnault , daughter of Chief Executive Bernard Arnault , to run Christian Dior . The changes, effective Feb. 1, involve the luxury giant’s two largest brands and some of its best-known managers. Both Louis Vuitton and Dior have been on a tear, most recently riding a postpandemic boom in luxury spending that so far has shown little sign of easing.
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.
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.
"I was learning strategy," she told the Financial Times. "In a presentation in America they would start with the conclusion and say how they got there, and I found that very interesting. It was straight to the point." LVMH CEO Bernard Arnault onboard his private jet between Beijing and Shanghai on October 11, 2004. Marc DEVILLE/Gamma-Rapho via Getty ImagesSource: FT
SummarySummary Companies STOXX 600 up 0.1%Jan 11 (Reuters) - European shares edged up on Wednesday, lifted by Bayer and LVMH, while optimism over reopening in China and hopes of less aggressive U.S. interest rate hikes aided the sentiment. The pan-regional STOXX 600 (.STOXX) gained 0.1% by 0818 GMT. Signs of slowing wage inflation last week had boosted bets of a less aggressive tightening by the Fed and the European Central Bank. Energy stocks (.SXEP) advanced 1.0%, while miners (.SXPP) gained 1.7%, as commodity prices rose on optimism over top consumer China's reopening. Bayer (BAYGn.DE) rose 2.1% after Bloomberg reported that activist investor Bluebell is pushing for a breakup of the German pharmaceutical company.
PARIS, Dec 9 (Reuters) - Antoine Arnault, LVMH chairman Bernard Arnault's eldest son, was on Friday named chief executive of family holding company Christian Dior SE, replacing veteran executive Sidney Toledano and stirring speculations of succession at the group. Christian Dior is a listed company that owns the bulk of the Arnault family's stake in LVMH (LVMH.PA) , the world's largest luxury group. At LVMH, Antoine Arnault, a business school graduate and a board member since 2006, oversees the group's communications and environmental issues, driving efforts to shore up its reputation. [1/4] Antoine Arnault, CEO of Berluti, attends the Fall/Winter 2019-2020 collection show for fashion house Berluti during Men's Fashion Week in Paris, France, January 18, 2019. Alexandre Arnault, 30, is an executive at Tiffany & Co. while Frederic Arnault, 27, is chief executive of TAG Heuer.
REUTERS/Gonzalo Fuentes/File PhotoPARIS, Dec 9 (Reuters) - Antoine Arnault, the eldest son of LVMH (LVMH.PA) chairman and chief executive officer Bernard Arnault, has been named chief executive of family holding company Christian Dior SE, replacing veteran LVMH executive Sidney Toledano. Christian Dior SE is a listed company that owns the bulk of the Arnault family's stake in LVMH, the world's largest luxury group. The most visible of the five, Antoine Arnault, 45, oversees the group’s communications and environmental issues, driving efforts to shore up its reputation. The fashion label was folded into the LVMH group in 2017, and Christian Dior SE now holds 41% of LVMH, corresponding to 56% of the voting rights in the group. Alexandre Arnault, 30, is an executive at Tiffany & Co. while Frederic Arnault, 27, is chief executive officer of TAG Heuer.
PARIS — The killing of a 12-year-old girl whose body was found inside a plastic trunk has left France “profoundly shaken” and led to accusations that far-right lawmakers have politicized her death to attack the government's immigration policies. ET) on Friday, the Paris state prosecutor said in a statement Monday. A 43-year-old man is also in custody, charged with helping to hide the girl’s body, according to a prosecutors’ statement. Justice Minister Eric Dupond-Moretti told the National Assembly on Tuesday that the arrested woman was given an order to leave France on Aug. 22. Far-right politicians have since lashed out at French President Emmanuel Macron's centrist government and blamed its immigration policies for the girl’s death.
At Beirut exhibit, Lebanese explore their capital's past
  + stars: | 2022-09-20 | by ( ) www.reuters.com   time to read: +1 min
Register now for FREE unlimited access to Reuters.com RegisterSept 20 (Reuters) - Lebanese artists, journalists and researchers have created a multidisciplinary exhibition in the historic building of Beit Beirut, revisiting the past of the city and exploring their relationship with Beirut today. The director of the "Allo, Beirut?" Register now for FREE unlimited access to Reuters.com RegisterThe exhibit reconstructs some scenes of the Lebanese capital's pre-civil war days, alongside photos, videos, and art installations. "We want this space to belong to the people of Beirut... we wanted the exhibition, immersive, interactive, to feel you are included in it," said Darmency. Register now for FREE unlimited access to Reuters.com RegisterReporting by Emilie Madi and Yara Abi Nader; Writing by Aurora Ellis; Editing by Rosalba O'BrienOur Standards: The Thomson Reuters Trust Principles.
"Organizăm Eurovision Junior anul viitor, va fi o nouă provocare, un spectacol unic pe care îl vom împărtăşi cu Europa şi suntem foarte mândri de asta", a declarat marţi Alexandra Redde-Amiel, şefa delegaţiei franceze la Eurovision, într-o conferinţă de presă.Decizia a fost luată de liderii grupului France Télévisions, al cărui preşedinte Delphine Ernotte va conduce anul viitor Uniunea Europeană de Radio şi Televiziune (UER), organismul care coordonează Eurovision, a declarat ea.Franţa a câştigat dreptul de a organiza acest concurs, rezervat cântăreţilor cu vârste între 9 şi 14 ani, după victoria reprezentantei sale Valentina, la sfârşitul lunii noiembrie la Varşovia, cu melodia "J'imagine". Aceasta este prima victorie a ţării la Eurovision, de la Marie Myriam în 1977.France Télévisions ar fi putut însă renunţa, din motive bugetare sau pentru a se concentra mai bine asupra versiunii principale a concursului, însă radiodifuzorul public îl consideră o nouă oportunitate de a consolida dinamica din jurul Eurovision.De asemenea, France Télévisions şi-a dezvăluit mecanismul de selectare a artistului sau artiştilor care vor reprezenta Franţa la Eurovision, versiunea pentru adulţi, din luna mai a anului viitor, la Rotterdam. Olanda a câştigat ediţia din 2019, iar ediţia din 2020 a fost anulată din cauza COVID-19.După ce l-a ales pentru această ediţie 2020, în cele din urmă anulată, pe cântăreţul Tom Leeb printr-o selecţie internă, France Télévisions a decis să revină la un spectacol de talente pentru a-şi alege reprezentantul în 2021. Spectacolul se va numi ''Eurovision France, c'est vous qui décidez', şi se va desfăşura pe parcusul unei singure seri.
Persons: Valentina, Marie Myriam, France, Tom Leeb, Télévisions Organizations: Eurovision, France, Uniunea Europeană, Radio, UER Locations: Europa, Varşovia, France, Franţa, Rotterdam, Olanda
FIFA a anunțat finaliștii pentru gala The Best, unde sunt premiați cei mai buni fotbaliști și fotbaliste ai anului, atât la masculin, cât și la feminin. Oficialii forului mondial vor organiza evenimentul doar virtual, în data de 17 decembrie, când vor fi anunțați câștigătorii. În ceea ce privește premiul de cel mai bun fotbalist al anului, Liverpool are cei mai mulți candidați, patru, aici fiind inclus și Thiago Alcântara, transferat de la Bayern, în ultima fereastră de mercato, scrie digisport.ro. De pe listă nu lipsește deținătorul trofeului Lionel Messi și nici rivalul Cristiano Ronaldo. De asemenea, Robert Lewandowski, care a câștigat Liga Campionilor UEFA, la capătul unui sezon în care a impresionat, se luptă și el pentru trofeu.
Persons: Lionel Messi, Cristiano Ronaldo, Robert Lewandowski, Kevin, Bruyne, Sergio Ramos, Mohamed Salah, Virgil van Dijk, Lucy, Caroline Graham Hansen, Jennifer Hermoso, Sam Kerr, Renard, Alisson, Thibaut Courtois, Manuel, Jan Oblak, Marc, André ter Stegen, Ann, Katrin Berger, Sarah Bouhaddi, Christiane Endler, Hedvig Lindahl, Ellie Roebuck, Marcelo Bielsa, Hans, Dieter, Jürgen Klopp, Zinedine Zidane, Rita Guarino, Emma Hayes, Stephan Lerch, Hege Riise, Jean, Luc Vasseur, Puskás, Shirley Cruz, Jordan Flores, André, Pierre Gignac, Sophie Ingle, Son, Luis Suárez, Caroline Organizations: FIFA, Liga Campionilor UEFA, Bayern, Liverpool FC, Juventus FC, Manchester City FC, FC Bayern München, FC Barcelona, Real, Real Madrid CF, Olympique Lyon, Manchester City, Chelsea FC Women, Arsenal, Atlético Madrid, VfL Wolfsburg, Leeds United FC, Sevilla FC, Juventus, CR Flamengo, FC, Arsenal WFC, Rapid Viena, Salzburg, Cape Town City FC, Tottenham, Burnley FC, RCD, Manchester City WFC, Manchester United WFC Locations: Liverpool, Alcântara, Bayern, Spania, Bayern München, Portugalia, Belgia, Polonia, Senegal, Franța, Paris, - Germain, Argentina, Neymar, Brazilia, Real Madrid, Egipt, de Jos, Anglia, Norvegia, Danemarca, VfL Wolfsburg, yun, Coreea de Sud, Australia, Japonia, Germania, Costa Rica, Slovenia, Chile, Suedia, SUA, Chicago, Leeds, Sevilla, Cortés, Italia, VfL, Țărilor de Jos, Panama, Uruguay, Țara Galilor, Austria, Africa de Sud, Coreea de Sud ), Ecuador ), University, RCD Mallorca, Caroline Weir, Scoția
Albert și-a recunoscut fiica în ianuarie, după o îndelungată luptă în instanță. Delphine, în vârstă de 52 de ani, este copilul unei relații de 18 ani pe care Albert a avut-o cu o femeie, înainte de a deveni rege. Albert, soția sa Paola și prințesa Delphine au arătat într-o declarație că s-au întâlnit duminică și că încep un „nou capitol”. În ianuarie, el a anunțat că a acceptat-o pe Delphine drept al patrulea copil al său după ce „a aflat rezultatele testelor ADN”. Conform hotărârii, Delphine și cei doi copii ai ei pot folosi numele de familie al tatălui ei, Saxa-Coburg.
Persons: Albert, Paola, Delphine, Saxa -, Laurent, Astrid, Philippe Organizations: Facebook Locations: belgian, Bruxelles, Saxa, Saxa - Coburg
Albert și-a recunoscut fiica în ianuarie, după o îndelungată luptă în instanță. Delphine, în vârstă de 52 de ani, este copilul unei relații de 18 ani pe care Albert a avut-o cu o femeie, înainte de a deveni rege. Albert, soția sa Paola și prințesa Delphine au arătat într-o declarație că s-au întâlnit duminică și că încep un „nou capitol”. În ianuarie, el a anunțat că a acceptat-o pe Delphine drept al patrulea copil al său după ce „a aflat rezultatele testelor ADN”. Conform hotărârii, Delphine și cei doi copii ai ei pot folosi numele de familie al tatălui ei, Saxa-Coburg.
Persons: Albert, Paola, Delphine, Saxa -, Laurent, Astrid, Philippe Organizations: Facebook Locations: belgian, Bruxelles, Saxa, Saxa - Coburg
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