Arnault family increases control over LVMH
The family of Bernard Arnault, chairman of Moët Hennessy Louis Vuitton (LVMH), has increased its stake in the company, further strengthening its control of the world’s largest luxury group. According to reporting by WWD, the Arnault family now holds 50.01 per cent of LVMH’s capital, an increase from 49.77 per cent. Arnault has five … Read more