"It was important to avert a breakdown," the luxury magnate wrote in an opinion column in French financial daily Les Echos.

Long tipped for the role, designer Jonathan Anderson has been named as the new creative director at Dior, overseeing womenswear, menswear and haute couture.

Days after Maria Grazia Chiuri left Dior after nine years, the French fashion house said its menswear designer will now be creative director.

It is the first time since Monsieur Dior that one creative director will work on all the women's, men's, and couture collections.

Der französische Milliardär Bernard Arnault hat die Europäische Union aufgefordert, konstruktive Gespräche mit den USA zu führen und den Verlauf der bisherigen Verhandlungen in Frage gestellt.

Bernard Arnault urged the European Union to hold constructive talks with the US as the French billionaire questioned the course of current negotiations.

Bernard Arnault & family are listed in this spot. Bernard Arnault, 76, oversees the LVMH empire of 75 fashion and cosmetics brands, including Louis Vuitton and Sephora.

At 76, Europe’s richest man has no intention of retiring. Bernard Arnault, the French billionaire, CEO and chair of LVMH, has just been confirmed at the helm of the world’s largest luxury brand for ...

French billionaire Bernard Arnault, whose group LVMH owns Champagne labels like Moët & Chandon and Veuve Clicquot as well as Hennessy Cognac, called on the European Union to strike a deal with ...

LVMH shareholders on Thursday voted to allow Bernard Arnault, 76, to remain at the helm of the world's largest luxury group until he's 85.