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.
This article is for subscribers only
True journalism, like goldsmithing and embroidery, relies on expertise. Miss Tweed only focuses on proprietary information and analysis. By subscribing, you support a team of journalists who work only for you. Our mission is to bring you reliable and accurate information on the luxury and fashion industry which, in 40 years, has become one of the pillars of the global economy.
Subscribe Login
