LVMH’s Arnault Rivals Bezos and Musk in Wealth

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Apr 25

Europe faces ‘mortal’ threat, says Emmanuel Macron: French president calls for huge investment push and EU reforms in Sorbonne speech

ft.com/content/01a0657c-ed25-4d7b-add6-568dcc6907f9

Quick Glance: Macron Calls for Stronger European Defense

Macron urged Europe to adopt a credible defense strategy less dependent on the US.

He warned that Europe was not adequately prepared to face global threats like Russia's war in Ukraine.

Emphasizing European sovereignty, Macron called for autonomy in defense and the economy.

He advocated for a revision of EU trade policy, prioritizing European suppliers for military equipment.

514

Apr 23

French Auto Supplier OPmobility Warns of Tough Times Ahead for EV Makers: French automotive supplier OPmobility has warned that electric-vehicle manufacturers ...

bloomberg.com/news/articles/2024-04-23/french-auto-supplier-warns-of-tough-times-ahead-for-ev-makers

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Apr 18

French PM announces crackdown on teen school violence: Prime Minister Gabriel Attal has presented measures for a 'surge of authority' after a series of attacks ...

lemonde.fr/en/politics/article/2024/04/18/french-pm-announces-crackdown-on-teen-school-violence_6668815_5.html

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RFI

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Apr 25

Blades of Paris landmark Moulin Rouge windmill collapse: The blades of the Moulin Rouge windmill, one of the most famous landmarks in Paris ...

rfi.fr/en/france/20240425-blades-of-paris-landmark-moulin-rouge-windmill-collapse

Quick Glance: Unexpected Collapse of Moulin Rouge Windmill Blades in Paris

The red windmill blades of the famous Moulin Rouge cabaret collapsed unexpectedly onto the street.

The cabaret's technicians conduct routine checks on the windmill mechanism, so far without any issues.

The fire department verified that the collapse resulted in no injuries.

The Moulin Rouge cabaret in Paris is renowned for its iconic red windmill blades and is a popular landmark.

35

Apr 24

Parisians warm up for Olympics with workouts in Louvre museum: Parisians warmed up for the coming Olympics with a series of workouts inside the renowned Louvre ...

reuters.com/sports/parisians-warm-up-olympics-with-workouts-louvre-museum-2024-04-24/

43

Apr 17

Gabriel Attal's first 100 days as prime minister, amid turbulent times in France: Appointed to 'regenerate' a stagnant presidential term, the prime minister has ...

lemonde.fr/en/politics/article/2024/04/16/gabriel-attal-s-first-100-days-as-prime-minister-amid-turbulent-times-in-france_6668607_5.html

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Apr 26

Speech at the Sorbonne in Paris: Emmanuel Macron calls for a strong Europe: Europe must regain more respect - that was Emmanuel Macron's demand in his new speech ...

de.euronews.com/my-europe/2024/04/25/macron-rede-sorbonne-europa

27

Apr 24

French air traffic controllers call off strike, too late for mass cancelations: Unions had called for a major strike on Thursday after a breakdown of ...

lemonde.fr/en/france/article/2024/04/24/french-air-traffic-controllers-cancel-strike_6669378_7.html

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Apr 24

French anti-terrorism authorities arrested a 16-year-old youth after he said on social media that he wanted to die a martyr at the Olympic Games in Paris this ...

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20h

LVMH-Backed L Catterton Agrees to Buy Majority Stake in Kiko: Private equity fund L Catterton, which is backed by luxury giant LVMH Moet Hennessy Louis Vuitton ...

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Apr 12

Ex-Resistance Olympic torch-bearer still wants to 'change the world': At the age of 102, Melanie Berger-Volle will carry the Olympic torch as high as she can ...

thelocal.fr/20240412/ex-resistance-olympic-torch-bearer-still-wants-to-change-the-world

374

Apr 24

Time for Kering’s king to consider a step back: Kering Chairman and CEO François-Henri Pinault was 42 when his father François, the self-made billionaire who’d ...

reuters.com/breakingviews/time-kerings-king-consider-step-back-2024-04-24/

Quick Glance: Time for Kering’s King to Consider a Step Back

Francois-Henri Pinault, Chairman and CEO of Kering, should consider bringing in fresh blood and possibly appointing a new CEO.

In any sector other than luxury, shareholders might have already stepped in to suggest a change at the helm, but at Kering, founding families tightly control the company.

The board of Kering should apply pressure on the chairman to at least give up the CEO role.

Pinault should step back into the chairman's job and leave a new Kering chief the independence they will need.

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Apr 24

Kering shares slump after luxury company warns of H1 operating profit drop: Kering's shares slumped on Wednesday, after the French luxury goods company warned it ...

reuters.com/business/retail-consumer/kering-shares-slump-after-luxury-company-warns-h1-operating-profit-drop-2024-04-24/

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Apr 24

Luxembourg’s free public transport to be extended across French border with new commuter scheme

euronews.com/travel/2024/04/23/luxembourgs-free-public-transport-to-be-extended-across-french-border-with-new-commuter-sc

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Apr 16

LVMH’s Sales Fall Short Amid ‘Uncertain’ Environment for Luxury Goods: The company’s reported revenue fell 2% year-over-year.

on.barrons.com/3W344mY

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Apr 19

French police arrested a man who threatened to blow himself up at Iran's consulate in Paris, but on being searched was found not to be carrying any explosives

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Apr 18

Burkina Faso's pro-Russia junta expels French diplomats: The junta has accused three diplomats of "subversive activities", which France has denied.

bbc.com/news/world-africa-68846771

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Fashionista (website)

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Apr 23

Meet the 8 Finalists for the 2024 LVMH Prize: The winner will be chosen on Sept. 10.

fashionista.com/2024/04/lvmh-prize-finalists-2024

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Apr 18

LVMH's Arnault Has Hopes Xi Visit Will Smooth Paris-Beijing Trade Relations: Billionaire Bernard Arnault said he hopes a planned visit to France next month ...

bloomberg.com/news/articles/2024-04-18/arnault-says-he-hopes-tensions-with-china-on-luxury-quiet-down

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Apr 22

Who will lead the LVMH luxury empire?: Bernard Arnault sizes up his heirs apparent

economist.com/business/2024/04/18/who-will-lead-the-lvmh-luxury-empire

97

Apr 24

France's DGAC warns of flight disruptions at French airports due to April 25 strike

reuters.com/world/europe/frances-dgac-warns-cancelled-flights-french-airports-due-strike-2024-04-24/

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Apr 23

Novak Djokovic tells CNN he has visualized winning record-breaking 25th grand slam title

edition.cnn.com/2024/04/23/sport/novak-djokovic-record-grand-slam-laureus-spt-intl/index.html

Quick Glance: Awards for Bonmati and Djokovic at Laureus Awards

Spain's Aitana Bonmati, a midfielder and World Cup winner, was named Sportswoman of the Year, while Novak Djokovic from Serbia received the top men's award at the Laureus ceremony on Monday.

Tom Brady presented Djokovic with his fifth Laureus Award following an impressive 2023 performance, including winning the U.S. Open and tying Margaret Court's record for 24 Grand Slam titles.

Jude Bellingham was honored as the Breakthrough Player of the Year, and Simone Biles took home the Comeback of the Year award.

Nominees for the Laureus World Sports Awards are chosen by global media, with the winners selected by the 69 members of the Laureus World Sports Academy.

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Apr 26

Maximilian Maeder claims victory at French Olympic Week: At the Port of Hyeres in France, the Singapore teen needed just one attempt to win the first-to-three ...

straitstimes.com/sport/maximilian-maeder-claims-victory-at-french-olympic-week

303

Apr 25

France's air traffic control strikes ground flights across Europe: Delays and flight cancellations were set to impact swathes of Europe on Thursday ...

14

Apr 20

Former Wimbledon and French Open champion Muguruza retires: Spain's former world number 1 and Wimbledon and French Open champion Garbine Muguruza announced her ...

reuters.com/sports/tennis/former-wimbledon-french-open-champion-muguruza-retires-2024-04-20/

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Apr 25

France, Germany agree deal to develop Europe's next generation of tanks: French and German defence ministers will sign a landmark deal in Paris on Friday that ...

rfi.fr/en/france/20240425-france-germany-sign-historic-deal-to-develop-europe-s-next-generation-of-tanks

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Fashionista (website)

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Apr 17

. @LVMH revenue grows 3% in Q1.

ow.ly/7S4U50RilP1

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english.alarabiya.net

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Apr 25

Thousands of flights canceled in France as air traffic controllers strike over pay

english.alarabiya.net/News/world/2024/04/25/thousands-of-flights-canceled-in-france-as-air-traffic-controllers-strike-over-pay

11

17h

LVMH-backed firm buys into Italy's KIKO in $1.5 bln make-up deal

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Apr 25

Sanofi profit slips on generic competition and currency effects: Sanofi's first-quarter operating income fell 14.7% as currency effects and cheap competition to ...

reuters.com/business/healthcare-pharmaceuticals/sanofi-q1-profit-slips-generic-competition-forex-effects-2024-04-25/

Quick Glance: Sanofi Struggles with Profit Decline due to Competition and Currency Effects

In the first quarter, Sanofi's operating income decreased by 14.7%, primarily due to currency effects and competitive pressures on their multiple sclerosis drug Aubagio, despite the increase in sales of the anti-inflammatory drug Dupixent.

The company emphasized the forecast that adjusted earnings per share (EPS) for 2024 are expected to decrease by a low single-digit percentage, excluding currency fluctuations.

During a media briefing, Finance chief Francois-Xavier Roger highlighted the impact of the decline in the Argentine Peso on first-quarter international sales.

Since unexpectedly abandoning the 2025 margin targets last October under a plan to boost spending on drug development, CEO Paul Hudson has been working to restore investor confidence in the company's drug pipeline.

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Apr 20

Who will lead the LVMH luxury empire?: Bernard Arnault sizes up his heirs apparent

economist.com/business/2024/04/18/who-will-lead-the-lvmh-luxury-empire

Quick Glance: Bernard Arnault: The World's Richest Man

Bernard Arnault, CEO of LVMH, has brought all his five children into the business.

Arnault is the world's richest man with a net worth of $221 billion.

Two of his sons have joined the LVMH board, making four out of five of his children now on the board.

Arnault has introduced his children into the business and speculation arises about the future leadership of the company.

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Apr 24

Nestlé subsidary Perrier destroys two million bottles of water after 'fecal' bacteria discovery

euronews.com/my-europe/2024/04/24/nestle-subsidary-destroys-two-million-bottles-of-water-after-fecal-bacteria-discovery

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Apr 19

French Development Minister Sees Hope for Sustainability Goals: Chrysoula Zacharopoulou, France’s minister for development, expressed some optimism after this ...

bloomberg.com/news/articles/2024-04-19/french-development-minister-sees-hope-for-sustainability-goals

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Apr 26

French music awards Les Flammes shines light on criticized 'urban music' label: The Les Flammes ceremony, to be held on Thursday evening, aims to highlight the ...

lemonde.fr/en/culture/article/2024/04/25/french-music-awards-les-flammes-shines-light-on-criticized-urban-music-label_6669522_30.html

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Vogue France

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Apr 22

Céline Dion talks beauty secrets with Vogue France: “I'm very proud that at 55, I'm being asked to reveal my beauty”

vogue.fr/article/celine-dion-may-cover-vogue-france-interview

168

Apr 18

French police evict hundreds of migrants from a Paris warehouse ahead of the Olympics

lemonde.fr/en/france/article/2024/04/17/french-police-evict-hundreds-of-migrants-from-a-paris-warehouse-ahead-of-the-olympics_6668705_7.html

3

20h

Airport operator ADP Q1 revenue boosted by post-pandemic travel boom: French airport group ADP reported on Friday a better-than-expected rise in first-quarter ...

reuters.com/business/airport-operator-adp-q1-revenue-beats-expectations-traffic-growth-2024-04-26/

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Apr 24

Leading French left-wing MP Mathilde Panot investigated for pro-Palestine comments

middleeasteye.net/news/france-top-left-wing-mp-mathilde-panot-investigated-pro-palestine-comments

83

Apr 16

Paris 2024: Macron's 'plans B and C' for the Olympics opening ceremony on the Seine raise questions

lemonde.fr/en/sports/article/2024/04/16/paris-2024-emmanuel-macron-s-plans-b-and-c-for-the-opening-ceremony-raise-questions_6668541_9.html

Quick Glance: Security Concerns Prompt Alternatives for France's Olympic Opening Ceremony

France has developed contingency plans for the July 26 Olympics opening ceremony on the river Seine in response to security concerns, as stated by President Emmanuel Macron on Monday.

Heightened security alert due to conflicts in the Middle East and Ukraine, along with the threat of terrorist attacks, has prompted action by the French government.

Expressing confidence, Macron believes the anticipated Games ceremony with large crowds by the Seine, involving around 160 boats embarking on a 6 km journey, will be a significant achievement.

The leadership of the United States Olympic and Paralympic teams approves of the security arrangements along the Seine for the opening ceremony, according to the team's security head, Nicole Deal.

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Apr 23

Renault Q1 sales lifted by financing arm, confirms 2024 profit outlook: Renault expects its sales growth to accelerate this year as it launches a number of new ...

reuters.com/business/autos-transportation/renault-q1-sales-rise-18-2024-04-23/

13

Apr 20

Paris 2024: French PM wants to increase secret service surveillance by 20% during the Olympics

lemonde.fr/en/france/article/2024/04/20/paris-2024-french-pm-wants-to-increase-secret-service-surveillance-by-20-during-the-olympics_6668955_7.html

2

Apr 15

Macron calls for Israel to 'avoid escalation' but says Iran's attack was 'disproportionate'

lemonde.fr/en/france/article/2024/04/15/macron-calls-for-israel-to-avoid-escalation-but-says-iran-s-attack-was-disproportionate_6668437_7.html

3

Apr 23

At least five migrants die attempting to cross Channel for UK: At least five migrants, including a child, died overnight during an attempt to cross the Channel ...

france24.com/en/europe/20240423-at-least-five-migrants-die-attempting-cross-channel-uk

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Apr 17

French judicial authorities seize properties belonging to Putin associates: A villa in the Basque Country linked to Vladimir Putin's ex-wife and a Paris ...

lemonde.fr/en/les-decodeurs/article/2024/04/17/french-judicial-authorities-seize-property-belonging-to-putin-associates_6668750_8.html

3

Apr 25

Atos says it will need more cash than expected: Struggling French IT consulting firm Atos on Thursday said a review of its 2024-2027 business plan would lead to ...

reuters.com/technology/atos-says-group-will-need-more-cash-than-expected-2024-04-25/

10

17h

Diamonds won’t be forever unless miners make them sparkle: The natural jewels have lost their old mystique because carbon crystals can be grown in labs

ft.com/content/76589ccf-c523-48d9-a82f-6b34a4a35724

11

Apr 25

Hermes 1st quarter sales jump 17% on strong China demand: Birkin bag maker Hermes reported a 17% surge in first-quarter sales on Thursday ...

reuters.com/business/retail-consumer/hermes-q1-sales-jump-17-growth-across-regions-2024-04-25/

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Apr 17

French finance minister says Europe must defend industrial interests against China

reut.rs/3UmWli8

0 similar articles

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7

Khaleej Times Apr 24

Nadal fighting hard to play in French Open but not sure if he is 'capable' - News | Khaleej Times

khaleejtimes.com/sports/nadal-fighting-hard-to-play-in-french-open-but-not-sure-if-he-is-capable

34

Apr 16

The US was getting too expensive. So this artist relocated to France for a slower-paced life

cnn.com/travel/us-too-expensive-artist-relocated-french-pyrenees/

1.7k

Apr 16

LVMH's first quarter sales growth slips on luxury slowdown

39

Apr 10

'This 'war economy' coined by Macron has yet to see the light of day': The French president's proactive strategic shift on Ukraine has raised hopes in Kyiv ...

lemonde.fr/en/opinion/article/2024/04/10/this-war-economy-coined-by-macron-has-yet-to-see-the-light-of-day_6667985_23.html

12

Apr 08

Macron bets on commemorations to create common national narrative: On Sunday, the French president first paid tribute to French Resistance fighters ...

lemonde.fr/en/politics/article/2024/04/08/macron-bets-on-commemorations-to-create-common-national-narrative_6667700_5.html

18

Apr 08

Rwanda genocide: The communication slip-up over France's responsibility: The French presidency had said on Thursday that Macron would release a message saying ...

lemonde.fr/en/france/article/2024/04/08/rwanda-genocide-the-communication-slip-up-on-france-s-responsibility_6667721_7.html

13

Apr 25

Puig: Billionaire Owners of Jean Paul Gaultier and Rabanne Plan for IPO: The Puig family is taking its eponymous company public as the next generation won't ...

bloomberg.com/news/articles/2024-04-25/puig-billionaire-owners-of-jean-paul-gaultier-and-rabanne-plan-for-ipo

1

Apr 19

China is a threat to Europe’s gunpowder supply, defense boss warns : Saab boss warns Beijing dominates supplies of a key component to make powder to fire shells ...

politico.eu/article/saab-ceo-warns-against-reliance-china-make-weapons-europe/

15

Apr 17

Russia but not Putin invited to French D-Day anniversary, say organisers: Russia but not President Vladimir Putin will be invited to the French ceremony in June ...

131

Apr 19

Sydney stabbing: French hero gains Australian residency for confronting shopping centre killer

independent.ie/world-news/australasia/sydney-stabbing-french-hero-gains-australian-residency-for-confronting-shopping-centre-killer/a1737598525.html

294

Apr 24

What Europe needs to get on with the clean energy transition: Europe is not on track with its energy transition goals, but is in a good position to succeed in ...

euronews.com/business/2024/04/24/wasting-renewables-where-europe-is-in-the-race-for-clean-energy-transition

19

Apr 15

I’m a Scholar of Ben Franklin. I Can’t Believe How Good Michael Douglas Is in the New Show.

slate.com/culture/2024/04/ben-franklin-michael-douglas-apple-show-true-story-accuracy.html

Quick Glance: Franklin: An Entertaining Historical Series

Benjamin Franklin (Michael Douglas) embarks on a secret mission to France to garner support in the war for independence against the English.

The series, with Michael Douglas in the title role, offers an enjoyable portrayal of America's Founding Fathers, although the plot switches between English and subtitled French.

The interplay of intrigue, deception, and diplomatic negotiations as Franklin tries to secure French support is a central focus of the storyline.

Michael Douglas shines with his magnetic personality as Franklin in this pleasurable yet not entirely gripping series about the events leading to the birth of a nation.

70

11h

TotalEnergies beats expectations despite lower gas prices: French energy giant TotalEnergies posted a 22% decline in first-quarter earnings ...

reuters.com/business/energy/totalenergies-q1-net-income-falls-22-lower-gas-prices-2024-04-26/

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Apr 18

The Paris Olympics menu: more French, more local, less meat: Athletes at this year's Olympics will be eating fresh produce mostly made in France ...

reuters.com/sports/paris-olympics-menu-more-french-more-local-less-meat-2024-04-18/

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Apr 17

Paris 2024: French sports minister confident in 'reducing bacteriological pollution in the Seine by 75%'

lemonde.fr/en/sports/article/2024/04/16/paris-2024-french-sports-minister-confident-in-reducing-bacteriological-pollution-in-the-seine-by-75_6668586_9.html

0 similar articles

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Financial Times

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Apr 16

LVMH sales growth slows as luxury demand softens: Revenue rise of 2% at core fashion and leather goods division marks sharp drop from 18% increase a year earlier

ft.com/content/c0a294a1-04a3-4c1c-a010-d1d81e493604

34

23h

French far-right candidate kicks off campaign but dodges questions: Just hours after Macron's Europe speech, the head of the French far-right party Jordan ...

euronews.com/2024/04/26/eu-elections-french-far-right-candidate-launches-his-campaign-but-avoids-confrontation

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Apr 18

Suspect arrested after two French schoolchildren stabbed, local authority says: A suspect has been arrested after two French children were stabbed on Thursday ...

reuters.com/world/europe/suspect-arrested-after-two-french-schoolchildren-stabbed-local-authority-says-2024-04-18/

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Apr 20

‘I don’t dare consider what it will be like’: with 100 days to go until the Olympics, is Paris ready?

theguardian.com/sport/2024/apr/20/i-dont-dare-consider-what-it-will-be-like-with-100-days-to-go-until-the-olympics-is-paris-ready

28

Apr 25

BNP Paribas beat estimates as lower costs offset slump in trading: BNP Paribas beat first-quarter profit forecasts on Thursday as lower expenses and a decent ...

reuters.com/business/finance/bnp-paribas-profit-tops-estimates-lower-costs-global-banking-2024-04-25/

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Apr 19

French PM on consequences of Russia's victory: Ukrainians will hold if we support them

pravda.com.ua/eng/news/2024/04/19/7451968/

24

Apr 17

Gauff keen to end claycourt trophy drought ahead of French Open

13

Apr 12

LVMH, L’Oreal Face China Pain: EMEA Earnings Week Ahead: Welcome back to the EMEA Earnings Week Ahead fixture, with luxury giant LVMH SE and Nordic ...

bloomberg.com/news/articles/2024-04-12/lvmh-l-oreal-face-china-pain-emea-earnings-week-ahead

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Apr 25

'Strategic failure': France's Raphaël Glucksmann takes aim at Macron's geopolitics

euractiv.com/section/elections/news/strategic-failure-frances-raphael-glucksmann-takes-aim-at-macrons-geopolitics/

1

Apr 10

What the French bill on end of life allows compared to its European neighbors: Le Monde has listed the most frequent conditions that have led to euthanasia in ...

lemonde.fr/en/les-decodeurs/article/2024/04/10/what-the-french-bill-on-end-of-life-allows-compared-to-its-european-neighbors_6667977_8.html

6

Apr 23

FTC sues to block $8.5bn deal between the makers of Michael Kors and Coach: Antitrust regulator takes aim at proposed Capri-Tapestry deal to create a US luxury ...

ft.com/content/d20de96f-0a01-4629-9d77-4ff83bb9ea9f

Quick Glance: Dispute Arises Over Fusion Between Tapestry Inc. and Capri Holdings

Legal actions have been taken by the FTC to block the proposed merger between Tapestry Inc. and Capri Holdings Limited.

Competition between the involved brands would be at risk with the merger, potentially granting Tapestry a dominant market share in the 'accessible luxury' handbag sector.

To halt the deal, the FTC is seeking a temporary restraining order and a preliminary injunction, with Tapestry and Capri planning to contest the decision in court.

Both companies stress that the merger has already been approved by regulators in the European Union and Japan, aiming to finalize the acquisition while battling the FTC lawsuit.

22

23h

La Belle Vie: French gestures and growing old in France: From uncovering the very French origins of the English language to common sounds and gestures French ...

thelocal.fr/20240426/la-belle-vie-french-gestures-and-growing-old-in-france

4

Apr 23

French luxury group Kering expects a 40% to 45% plunge in first-half operating profit, it said on Tuesday, after first-quarter sales declined as wealthy ... Show more

66

Apr 23

At least 5 people have died while crossing English Channel, hours after UK approved deportation bill | Africanews

africanews.com/2024/04/23/at-least-5-people-have-died-while-crossing-english-channel-hours-after-uk-approved-deporta/

8

Apr 19

Schneider Electric confirms Bentley Systems talks: Schneider Electric is in talks with U.S. engineering software producer Bentley Systems over a potential

reuters.com/markets/deals/schneider-electric-confirms-bentley-systems-talks-2024-04-19/

8

Apr 18

Sanofi to overhaul US operations of vaccines, cut jobs: French drugmaker Sanofi said on Thursday it would restructure the U.S. commercial operations for its ...

reuters.com/business/healthcare-pharmaceuticals/sanofi-overhaul-us-operations-vaccines-cut-jobs-2024-04-18/

10

21h

What Is a ‘Decent Wage’? France’s Michelin Raises a Debate.: The tire maker vowed to ensure that none of its workers would struggle to make ends meet.

nytimes.com/2024/04/26/business/france-michelin-wages.html

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Last Updated	Mar 09
Total Articles	1

LVMH’s Arnault Rivals Bezos and Musk in Wealth—and in Media Influence: