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Hermès heir sues LVMH and Bernard Arnault for 14 billion euros

Fifteen years after his raid on Hermès, Bernard Arnault and his LVMH group are caught up in a saga between two French luxury giants: an heir to the accessories specialist, claiming to have been dispossessed of his shares in the family jewel, is demanding 14 billion euros. Nicolas Puech, 82, a Swiss resident, accuses his former wealth manager,...

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People|CEO Profile

Pietro Beccari's career path: An example of leadership in luxury fashion

Pietro Beccari, the newly appointed chairman and chief executive officer (CEO) of LVMH Fashion Group, started his career at the University of Parma, where he became the first ‘Alumnus of the Year’. According to a 2018 university statement, the executive was the first name inscribed on the award's roll of honour. This recognition was established...

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