Bernard Arnault moved from real estate to luxury goods. He first acquired the nearly bankrupt company Financiere Agache, a luxury goods company. He turned it around and then won the bidding for Boussac Saint-Frère, the textile and retail conglomerate that contained the brand, Christian Dior.

1. Quick Facts
About
Bernard
Arnault

2. Bernard Arnault moved from real estate to luxury
goods.
He first acquired the nearly bankrupt company
luxury goods company. He turned it around and
for Boussac Saint-Frère, the textile and retail
contained the brand, Christian Dior.

3. Arnault worked with Alain Chevalier, CEO of Moët Hennessy,
and Henry Racamier, the President of Louis Vuitton, and formed LVMH

4. After he assumed a leadership role in LVMH, buying the
majority of its stakes, Bernard Arnault worked towards
increasing the market share of LVMH by a factor of 15 and the
profit rose by a factor of 5.

5. VMH, under him, went on acquiring spree and bought many reputed
brands like Guerlin, Lowe, Marc Jacobs, Thomas Pink, Fendi,
Givenchy, and many more to become the world’s largest luxury and
largest luxury and fashion conglomerate.

6. Bernard Arnault is a passionate art collector. His art collections range from
Picasso, Yves Klein, Henry Moore, and Andy Warhol.

7. Bernard Arnault is a friend of former France President, Nicholas
Sarkozy and the current President of France Emmanuel Macron.
He owns an island worth $35,000,000 in the Bahamas, an exclusive
property accessible only through invitation.

8. Brands Under LVMH Thefashionlaw.com

9. MBA ESG is committed to grooming the best talents for the growth of the Luxury and Fashion
Sectors.
We have spread our footprint in India by opening our campus in Bangalore.
At MBA ESG Bangalore, we are offering
MBA in Luxury and Fashion Management
Admissions are open now.
Visit: https://mba-esg.in/