Word: arnault
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...BERNARD ARNAULT by Peter Gumbel...
...built the world's largest fashion and luxury-goods group didn't do so by being soft and frilly. Bernard Arnault, 54, controls Christian Dior and LVMH, which markets some 50 well-known brands, including Marc Jacobs fashions, Louis Vuitton bags and a cluster of famous champagnes. He put his empire together over 20 years and often used hard-nosed tactics to get what he wanted. He may not have created LVMH's brands, but more than anyone, Arnault understood their worldwide potential and how to exploit...
Born into a family of entrepreneurs, Arnault got his big break in 1984, when he took over a textile conglomerate that included Dior. In 1989 he won a fierce battle for control of family-run Louis Vuitton. With a mixture of clever marketing, innovative design and tight control over how and where the products are sold, Arnault turned Vuitton and Dior into highly profitable global businesses. In the economic downturn, Arnault reined in his acquisitive urges. Now that growth is picking up, gossips in the fashion world wonder when he'll start buying again. --By Peter Gumbel
...logo-laden Louis Vuitton trunk, a beacon for the handbag obsessed. On the ceiling inside, tiny stars shaped like Vuitton's LV logo twinkled above the crowd. Kirsten Dunst, Maggie Gyllenhaal and Rudy Giuliani swept in to congratulate LVMH Moet Hennessy Louis Vuitton chairman and CEO Bernard Arnault on his spectacular four-story Fifth Avenue emporium...
...named creative director in 1997. Rumors were flying around the tents at the New York fashion shows that Jacobs was unhappy with the way LVMH was handling his signature label and that he had been approached by rival Gucci Group N.V. to design the Yves Saint Laurent line. Arnault dismissed the chatter, saying that the relationship was very good and that Jacobs had the potential to become as big as Ralph Lauren or Donna Karan...