The president of luxury group LVMH has become the world's second-richest man, overtaking Microsoft co-founder Bill Gates but ranking behind Amazon’s founder Jeff Bezos, according to Forbes and Bloomberg.
Stella McCartney has signed a deal to partner with LVMH, the designer retaining majority ownership of her label but also about to enter a new era as part of the increasingly-sustainability-focused luxury group.
It’s difficult to think of a harder working designer in fashion than Kim Jones, creative director of Christian Dior’s men’s division; globetrotter; uber-collaborationist and, most recently, magazine editor.
Luxury conglomerate LVMH has pushed back the final of its much-watched LVMH Prize to September, the first time the award ceremony will take place in autumn; on September 4 in Paris, inside the Fondation Louis Vuitton.
Singer, makeup entrepreneur, lingerie designer and now the first black woman to head a top luxury fashion house -- Rihanna has racked up a $600 million fortune to become the world's richest female musician.
Luxury titan Bernard Arnault on Friday confirmed that LVMH is already actively using blockchain for several of its luxury brands, as the French billionaire and high-tech fan presented the latest Innovation Award.