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As of late 2020, LVMH has the largest market capitalization of any company in France, [45] and also in the Eurozone with a record of 261 billion euros ($317.6 billion). [46] As of December 2020, Arnault's own fortune was nearly half that, with a personal net worth of $151.7 billion. [47] LVMH completed the purchase of Tiffany in January 2021. [48]
The new deal reduced the amount paid per share by LVMH from the original price of $135 to $131.50. [47] LVMH completed the purchase of Tiffany in January 2021. [48] Under Arnault's leadership, LVMH has grown to become the largest company by market capitalization in the eurozone, [49] with a record of 313 billion euros ($382 billion) as of May ...
She joined LVMH in 2000, [11] initially working with Dior creative director John Galliano's own label. [ 7 ] [ 12 ] Since 2003, Arnault has been a member of the management board of the LVMH group, the first woman and youngest person to occupy that post. [ 13 ]
As of 2014, Richemont is the second-largest luxury goods company in the world after LVMH. [ 10 ] In 2015, Richemont's Net-a-Porter Group was merged with the YOOX Group in an all-share transaction.
White Valentino dresses to celebrate Valentino's 45 years in fashion. Ara Pacis Museum, Rome. Valentino store in Hong Kong. Valentino S.p.A. is an Italian luxury fashion house founded in 1960 by Valentino Garavani and part of the Valentino Fashion Group.