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Bernard Arnault is Chairman and CEO of LVMH and Chairman of Christian Dior SE. In 2017, Arnault purchased all the remaining Christian Dior shares in a reported $13.1 billion buyout. [63] At the end of 2017, the only declared major shareholder in LVMH was the Arnault Family Group, the holding company of Bernard Arnault.
Bernard Jean Étienne Arnault was born on 5 March 1949 in Roubaix. [5] [6] His mother, pianist Marie-Josèphe Savinel, daughter of Étienne Savinel, had a "fascination for Dior". [6] His father, manufacturer Jean Léon Arnault, a graduate of École Centrale Paris, owned the civil engineering company Ferret-Savinel. [6]
At the end of 2010, the only declared major shareholder in Christian Dior S.A. was Groupe Arnault SAS, the family holding company of Bernard Arnault. The group's control amounted to 69.96% of Dior's stock and 82.86% of its voting rights. [96] The remaining shares are considered free float. [96]
Bernard Arnault’s reputation as a master dealmaker predates the founding of LVMH, the luxury conglomerate he runs, in 1987. ... He also acquired a string of Maisons (or brands), including ...
Bernard Arnault is the founder, chairman, and CEO of LVMH Moët Hennessy Louis Vuitton. His conglomerate owns a bevy of luxury brands, including Dior, Fendi, Dom Pérignon, Sephora, and Tiffany & Co.
Bernard Arnault owns about half of LVMH, which includes luxury brands like Louis Vuitton, Dior, Tiffany & Co., and TAG Heuer, among others.
Founded in Greenwich, Connecticut in 1989, the fund has made over 250 investments in brands across all segments of the consumer industry. [3] The firm is led by co-CEOs J. Michael Chu and Scott Dahnke. [4] Originally Catterton Partners, the fund merged with Bernard Arnault's family office and LVMH in 2016 to create L Catterton.
Arnault entered the luxury market in 1984 with an acquisition of a near-bankrupt French textile company that owned Christian Dior. French luxury group LVMH CEO Bernard Arnault attends an LVMH ...