Stories on fashion and luxury you won't read elsewhere

Tempest at Tiffany’s: Arnault, Macron in spotlight over deal-blocking letter

By Antonella Ciancio and Astrid Wendlandt
27/09/20
Tempest at Tiffany’s: Arnault, Macron in spotlight over deal-blocking letter
Bernard Arnault cares about his reputation. Fierce lawyers working for Europe’s richest man have made life miserable for countless companies, media and individuals who dared tarnish his name, that of his group LVMH or any of his lieutenants. Hence, it is surprising that Arnault did not foresee what people would think of him and his group once they found out that the luxury executive had asked the French government to help LVMH get out of its $16.2 billion acquisition of U.S. jeweler Tiffany & Co.

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