Capri is now widely expected to sell Versace ... It could appeal to LVMH for example, although CEO Bernard Arnault tends to avoid turnaround situations as the investment in Moncler demonstrates.

Versace could return to Italian hands with Renzo Rosso, but the private equity fund Permira and Marco Bizzarri (former CEO of ...

The future of Versace is also uncertain, as its parent Capri Holdings is said to be ... has found a new partner in Bernard Arnault's LVMH Moët Hennessy Louis Vuitton. In September, the Italian ...

Arnault, the billionaire CEO of the luxury conglomerate, had criticized proposed French tax hikes earlier this week.

Bernard Arnault lost a spot in the billionaire rankings after LVMH Moet Hennessy posted results that weren’t as strong as ...

French luxury conglomerate LVMH saw its stock slide by more than 6% following the Tuesday evening reveal of its 2024 annual ...

President Donald Trump and LVMH CEO Bernard Arnault pictured in 2017. © 2024 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance ...

Losing your livelihood is now doubleplusgood! Bernard Arnault, CEO of LVMH and the world’s fifth richest man, has coined a new phrase for those who are being laid off — “being promoted outwa ...

Bernard Arnault drew parallels between layoffs at Tiffany & Co. and job cuts at Meta on an earnings call Tuesday. The CEO of the luxury conglomerate LVMH said he talked with Mark Zuckerberg last ...

LVMH CEO Bernard Arnault calls Mark Zuckerberg’s move to lay off low-performing Meta employees a chance for the workers to be "promoted outwards, so to speak." If you were just laid off ...