Word: arnault
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...French designer like Jean-Paul Gaultier to assume the Givenchy mantle? Or if it had to be a foreigner, why not Vivienne Westwood, a more experienced Brit, who has shown in Paris for years and even troubled to study Dior's own output in detail? But Bernard Arnault, whose LVMH owns both Dior and Givenchy, is betting his money that the route to a younger market--the new, galvanizing image that has evaded the old couture houses in recent years--lies across the Channel. For if Galliano is famous for his sizzling sense of romance, McQueen delivers exquisite tailoring...
...archives into seductive, in-your-face clothes. His specialty is the slinky, tricky, bias-cut dress (cut across the grain of the fabric), which is the design of choice for movie stars--or anyone who wants to flaunt a shapely figure. Galliano was chosen to revitalize Givenchy by Bernard Arnault, president of LVMH, which owns not only that house but also Lacroix and Dior. It was time, Arnault had decided, to put Hubert de Givenchy out to pasture. The aristocratic designer ran an admirable house for 43 years, and in dressing Audrey Hepburn he gave the world...
...cultures within Moet Vuitton. He expressed fears aloud that the marketing of Cognac and champagne, some of which is sold through "mass distribution in supermarkets," would "contaminate" Vuitton's upper-crust image. To balance Chevalier's move toward Guinness, Racamier then made overtures to his own outside investor: Bernard Arnault, 39, whose group, Financiere Agache, controls the Christian Lacroix and Dior fashion houses. Following protracted negotiations, Agache and Guinness took a joint 24% stake in Moet Vuitton, with Agache holding the lion's share of the investment. Arnault, who is expected to sit on the Moet Vuitton management committee, plans...
...staff. Some observers suggest that Picart is moving too quickly, that the house may have problems delivering on its copious orders. However, the first luxe collection is arriving in stores on time or ahead of schedule. A potentially more serious worry is Picart's contract with Agache President Bernard Arnault, whose expertise is in the real estate business and who may want a return on his $8 million investment unrealistically soon...
...widow of Oceanographer-Film Maker Philippe Cousteau, who was killed in a seaplane accident at age 39 last summer: a first son, second child; in Santa Monica, Calif.; on Jan. 20. The second grandson of famed Marine Explorer and Ecologist Jacques-Yves Cousteau was named Philippe Pierre Jacques-Yves Arnault...