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Alexandre Arnault takes a pivotal role in LVMH's struggling $6 billion wine and spirits business as trade tensions under U.S. President Donald Trump loom large. With plans to revitalize the division, ...
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(Bloomberg) -- LVMH has no plans to relocate the luxury conglomerate, said Bernard Arnault, its billionaire chief executive officer, after remarks he made critical of France drew a backlash at home.
Bernard Arnault, the billionaire CEO of the luxury conglomerate LVMH, has said there are no plans to relocate the company after his criticism of proposed French tax hikes faced backlash.
LVMH has no plans to relocate the luxury conglomerate, said Bernard Arnault, its billionaire chief executive officer, after remarks he made critical of France drew a backlash at home.