Armani Succession Plan, Always Mysterious, Is About to Get Tested The recent passing of fashion icon Giorgio Armani has not only left a void in the industry but has also raised questions about the future of his eponymous fashion empire. With Armani having built a legacy that spans over four decades, the focus has now […]
Bernard Arnault Grapples With Biggest Slump in LVMH History
Bernard Arnault Grapples With Biggest Slump in LVMH History The luxury industry, known for its resilience and opulence, is currently facing one of its most challenging times in history. At the forefront of this struggle is Bernard Arnault, the chairman and CEO of LVMH (Moët Hennessy Louis Vuitton), the world’s leading luxury goods company. With […]
Billionaire Bettencourt Meyers to Retire From L’Oréal’s Board
Billionaire Bettencourt Meyers to Retire From L’Oréal’s Board Francoise Bettencourt Meyers, the prominent heiress to the L’Oréal fortune, is set to step down from the company’s board later this year. This strategic move marks a significant transition in leadership within the cosmetics giant, as she plans to pass on her vice-chairman position to her son, […]